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UNEMPLOYMENT

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DEFINITION

Unemployment means that scarce humanresources are not being used to produce goods

and services to meet peoples needs and wants

The unemployed are people able, available and

willing to work at the going wage rate but cannot

find a job despite an active search for work

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CAUSES OF UNEMPLOYMENT

In the set up of a modern market economy, there are

many factors, which contribute to unemployment.Causes of unemployment are varied and it may be

due to the following factors:

Rapid changes in technologyWar

Recessions

Inflation

Rapid Population GrowthDisability

Lack of education or skills

Attitude towards employers

Willingness to work

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EFFECTS OF UNEMPLOYMENT

Unemployment affects not just the person himself but also his/her

family and in the long run the society where he lives.Unemployment brings with it despair, unhappiness and anguish. It

forces people to live their lives in a way they do not wish to The life

expectancy is negatively affected.

Life expectancy is the ease by which people living in a time/place are

able to satisfy their needs/wants. Here are the some aspects:

Mental health

Health diseases

Tension at homePolitical issues

Crime and violence

Suicide cases

Social outing

Lose of skills usage

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WORLDS STATISTICS ON

UNEMPLOYMENT

Source:http: Statista; The statistics portal

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ASIAS STATISTICS ON

UNEMPLOYMENT

The Philippines

has the highest

unemployment rate

among members of

the Association ofSoutheast Asian

Nations (Asean),

according to a

report of the

International Labor

Organization (ILO)published in 2014.

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PHILIPPINES STATISTICS ON

UNEMPLOYMENT

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PHILIPPINES STATISTICS ON

UNEMPLOYMENT

Source: DOLE

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SOURCES

-Definition of unemployment

http://

tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.html

-Causes of Unemployment

http://www.economicshelp.org/macroeconomics/unemployment/causes/

-Effects on Unemployment

http://

www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-econo

my.html

-Worlds statistics on unemployment

http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-re

gions/

-Asias Statistics on unemployment

http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-i

lo-report/

-Philippines Statistics on unemploymenthttp://www.bles.dole.gov.ph/PUBLICATIONS/LABSTAT%20UPDATES/vol18_7.pdf

http://tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.htmlhttp://tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.htmlhttp://www.economicshelp.org/macroeconomics/unemployment/causes/http://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://www.bles.dole.gov.ph/PUBLICATIONS/LABSTAT%20UPDATES/vol18_7.pdfhttp://www.bles.dole.gov.ph/PUBLICATIONS/LABSTAT%20UPDATES/vol18_7.pdfhttp://www.bles.dole.gov.ph/PUBLICATIONS/LABSTAT%20UPDATES/vol18_7.pdfhttp://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://globalnation.inquirer.net/103286/ph-has-highest-asean-unemployment-rate-ilo-report/http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://www.statista.com/statistics/279790/unemployment-rate-in-seclected-world-regions/http://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.job-interview-site.com/the-effects-of-unemployment-on-society-and-the-economy.htmlhttp://www.economicshelp.org/macroeconomics/unemployment/causes/http://www.economicshelp.org/macroeconomics/unemployment/causes/http://tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.htmlhttp://tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.htmlhttp://tutor2u.net/economics/revision-notes/as-macro-employment-unemployment.html

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PRESENTED BY:

Glessie Beame Morata

Grenet Querubin

Mary Allyn TaburnoEllen Kate Moreno

Jeziel Pealosa