Unemployment: Unlocking the Secrets of Unemployment, Navigating Challenges, Creating Opportunities

By Fouad Sabry

What is Unemployment

According to the Organization for Economic Cooperation and Development (OECD), individuals who are over a certain age and are not actively engaged in paid job or self-employment but are currently available for work during the reference period are considered to be unemployed.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Unemployment

Chapter 2: Labour economics

Chapter 3: Full employment

Chapter 4: Discouraged worker

Chapter 5: Comparison of Canadian and American economies

Chapter 6: Frictional unemployment

Chapter 7: Labor market of Japan

Chapter 8: Reserve army of labour

Chapter 9: Active labour market policies

Chapter 10: Employment-to-population ratio

Chapter 11: Employment protection legislation

Chapter 12: Job guarantee

Chapter 13: NAIRU

Chapter 14: Unemployment in the United States

Chapter 15: Unemployment in the United Kingdom

Chapter 16: Youth unemployment

Chapter 17: Unemployment in Poland

Chapter 18: Causes of unemployment in the United States

Chapter 19: Unemployment in China

Chapter 20: Wage growth

Chapter 21: Active labor market policies in Denmark

(II) Answering the public top questions about unemployment.

(III) Real world examples for the usage of unemployment in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of unemployment.

• Language: English
• Publisher: One Billion Knowledgeable
• Release date: Jan 11, 2024

Book preview

Chapter 1: Unemployment

OECD (Organisation for Economic Co-operation and Development) defines unemployment as people over a certain age (usually 15)

Numerous causes can lead to unemployment, including the following::

New innovations and technologies

the economic status, which can be affected by a recession.

competition resulting from globalization and global trade

Governmental initiatives

regulation and market

A country's fiscal policy, for instance, can have an effect on unemployment and the state of the economy. In addition, the monetary policy of a country's monetary authority, such as the central bank, can affect the availability and cost of money.

In addition to unemployment theories, a few unemployment categorizations are used to more precisely model the effects of unemployment on the economic system. Included among the most common types of unemployment are structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment, and classical unemployment. The focus of structural unemployment is on underlying problems in the economy and inherent inefficiencies in labor markets, such as a mismatch between the supply and demand for laborers with the required skill sets. Causes and solutions related to disruptive technologies and globalization are emphasized in structural arguments. Frictional unemployment discussions center on voluntary decisions to work based on an individual's evaluation of their own work in comparison to current wage rates and the time and effort required to find a job. Causes and remedies for frictional unemployment frequently involve the employment threshold and wage