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Effects of Unemployment Essay

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❶Lack of job opportunities: The one factor that has driven globalization is the advancement in technology.

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Causes and Effects of Unemployment Essay Sample
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The burden of unemployment can also affect outcomes for children. The stress and depressive symptoms associated with job loss can negatively affect parenting practices such as increasing punitive and arbitrary punishment McLoyd, As a result, children report more distress and depressive symptoms. Depression in children and adolescents is linked to multiple negative outcomes, including academic problems, substance abuse, high-risk sexual behavior, physical health problems, impaired social relationships and increased risk of suicide Birmaher et al.

Unemployed persons also report less neighborhood belonging than their employed counterparts, a finding with implications for neighborhood safety and community well-being Steward et al. High unemployment and growing income inequalities are key factors in declining social climate International Labour Office, The United Nations claimed that growing social inequality fueled by extended, global unemployment will increase social unrest and tension and a growing sense of unfairness.

Unemployment and Stress in Different Populations Unemployment does not affect all groups equally. Immigrants Kochhar, and people with disabilities Shapiro, are also especially vulnerable to layoffs as are those without college degrees Leonhardt, Unemployed women report poorer mental health and lower life satisfaction than unemployed men McKee-Ryan et al.

Women are more likely to report that they have consumed unhealthy foods, or skipped a meal as a result of stress. Women are also more likely to report physical symptoms of stress, including irritability, anger, fatigue and lack of interest or motivation and energy APA, In combination with other health disparities, the unequal impact of unemployment on some groups may have devastating effects on already vulnerable communities.

Decreased demand for consumables: Consumerism is fueled by the purchasing power of the middle class. When people have jobs and are well paid, their purchasing power also improves.

Lack of jobs, underpayment and underemployment cause a decrease in the purchasing power of citizens. Idleness forces them to find something to occupy themselves with. As mentioned before, areas with high rates of unemployment have very high crime rates. Economic stress also causes societal unrest as citizens become frustrated with their situations and try to find ways to attain better lives. This can be perpetrated through civil unrest to get the elected leaders to act and remedy the situation.

Unable to repay loans and due expenses: Defaulting on loan repayments was one of the reasons why the U. S economy went into recession in The banking sector suffered losses and this affected several sectors of the economy. Defaulting on repayment can also cause people to lose their property through foreclosure and repossession. It can set an individual back financially and trigger a chain of severe effects such as bankruptcy and loss of business. These are some of the ways in which the issues of unemployment, underemployment, and underpayment can be tackled:.

They say education is the key to success. It opens the door to many possibilities and equips one with both life and work skills.

The lack of education condemns one to a life of poverty. There are people who would like to stay in school and attain the highest level of education that they possibly can but are limited by lack of money. Education should, therefore, be made accessible to everyone. One way of achieving this goal is by making basic education free for all. The government should also make it easier for students to access loans to pay for their education. In this way, more people will be able to go to school and learn important skills.

Changing the syllabus to meet the challenges of the contemporary job environment is also a good approach. This should be done to keep up with the pace of technological changes. Skills and techniques should be taught through skilled-based training, vocational training, and technical training.

This would greatly benefit those who are unable to afford university education or did not obtain sufficient grades to get into one. It would help tackle the problem of unemployment among the youth in rural areas who tend to end their pursuit of education after completing high school. Equipping them with such skills make them employable in a labor market that is very dependent on technical skills and training.

Such training would also put them in a position where they qualify for better pay. Employers tend to pay skilled workers better than unskilled laborers. Creation of diversified job opportunities: Economic policies go a long way in determining the rate of unemployment in a country. This can be drawn from the example of the global recession when many firms closed shop or downsized the number of employees to stay in business.

Good economic policies will lead to the creation of jobs and reduce the level of unemployment in a country. Generation of better employment opportunities at all levels such as skilled, unskilled and professionals can also minimise the rate of unemployment.

Encouraging the culture of entrepreneurship among the youth would also play a vital role in growing the economy and cutting down the number of unemployed young people. Explore the hidden qualities: Creating awareness to help people find their hidden qualities can also be a way to address the problem of unemployment.

This would encourage self-employment and reduce overdependence on the formal job sector. A naturally gifted artist can make art and sell it. A talented soccer player can improve his or her skills and become a professional player.

A poet or creative writer can also use such talents to earn money. The individual that just lost their job is open to a spectrum of emotions, anger, sadness, confusion, stress and all these emotions can really break a person down.

In the case that finding a job takes longer than originally expected, the individual may not have enough money in the bank to make all their ends met. This only adds stress they are already going through. The person maybe in between odd jobs or is searching for a job, and this also adds stress and strain to relationships.

A stressed and worried person will not be one to party with friends or spend big for a family get-together. Unemployment also effects the economy itself. When there are jobs available, but not the properly skilled people there for the job, productivity suffers a decrease.

This all creates a chain-reaction, everyone involved is affected. The employees may suffer burn out from all the excess work, the clients may feel abandoned if their needs are not met and they will go to other areas for their needs to be met. The company themselves will lose revenue. The causes and effects of unemployment effect everyone in one way or another, every action has a consequence, whether it be good or bad.

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Cause and Effect Essay - The Causes of America’s Social Problems - Cause and Effect Essay - The Causes of America’s Social Problems The causes of social problems exist on many levels. When we ask why social problems such as poverty, unemployment, crime, and war exist, each time we determine a cause, we can ask "why" again, as children often.

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Cause & Effect Essay: Unemployment Unemployment is the one constant throughout history. Despite changing technology, the underlying principles of why unemployment occurs remain the same. It’s also what continues to this day. The three main causes of unemployment are economic conditions, new technology, and increasing populations.

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Unemployment – Causes I am going to offer my theory as to the real cause of unemployment, for every cause there is an effect. The process of cause and effect. Free Essay: Unemployment – Causes I am going to offer my theory as to the real cause of unemployment, for every cause there is an effect. The process of.

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Unemployment nowadays is a common topic to discuss. Feel free to use the sample below on its cause and effect if you need help completing your own essay. The purpose of this paper is to understand the causes and the effects that unemployment has on the family. Unemployment impact greatly on the life of individuals, it affects on all aspects of a person. The impact of unemployment on an individual affects the family as well and the society at large.