an essay on impact of unemployment?

Answer 1

"In economics, a person who is able and willing to work at a prevailing wage rate yet is unable to find a paying job is considered to be unemployed. The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both the unemployed and those with jobs (all those willing and able to work for pay). In practice, measuring the number of unemployed workers actually seeking work is notoriously difficult. There are several different methods for measuring the number of unemployed workers, each with its own biases, making comparisons between methods difficult.

The history of unemployment is the history of industrialization. It was not considered an issue in rural areas, despite the "disguised unemployment" of rural laborers having little to do, especially in conditions of overpopulation.

The terms unemployment and unemployed are sometimes used to refer to other inputs to production that are not being fully used — for example, unemployed capital goods."

Answer 2

Um..ok. You want an essay written? The impact on what? Society, families?? More details.

Answer 3

A degree of unemployment is good for business, it keeps labour costs down, makes people compete for jobs and those with jobs work harder to keep them.

Too much hurts the government, benefit payments, extra sickness, crime, drug use. People stop paying their taxes and rent. Commerce suffers because they have fewer customers.

Answer 4

high unemployment results in low inflation....... if you believe in the phillips curve

Answer 5

More details please