Assignment

Assignment

What is Unemployment?

Unemployment is a socio-economic phenomenon, where part of the economically active population does not find a job and become "superfluous." According to the International Labour Organization (ILO) - International Labor Organization (ILO) unemployment is anyone who at the time did not have a job, looking for work and ready to start working, i.e. only a person who is officially registered at the labor exchange. The number of unemployed in each period depends on the cycle and the rate of economic growth, productivity, the extent to which the professional and qualification structure of the labor force to the existing demand ...