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[Government Policies That Affect Unemployment]

Typology: Government Policy

by

Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

Declaration

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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Executive Summary

Unemployment is a major problem of macroeconomics. The high unemployment rate in recent years has drawn attention of many macro and labor economists towards itself. To reduce the total level of unemployment in long run effective policies are need to be encouraged. These policies may include: employability's improvement of the labor supply, improvement in the incentives, economic growth, and skills improvement, altering aggregate demand, tax reformation, employment funding / subsidies and growth of economy. In this study we try to explore the concept of unemployment in a holistic context. The main focus of the research is on unemployment and its relation with government policies. The research also analyzes many aspects of government policies and tries to gauge its effect on unemployment. Finally the research describes various factors which are responsible for unemployment and tries to describe the overall effect of government policies on unemployment.

Table of Contents

ACKNOWLEDGEMENTII

DECLARATIONIII

EXECUTIVE SUMMARYIV

CHAPTER 1: INTRODUCTION1

Outline of the Study1

Introduction of the Research1

Background of the Research3

Concept of Unemployment3

Policies to Reduce Unemployment5

Employability's Improvement of the Labor Supply5

Improvement in the Incentives5

Economic growth5

Skills Improvement6

Altering Aggregate Demand6

Tax Reformation6

Employment Funding/ Subsidies7

Economic Instability and Macroeconomic Policy7

Problem Statement8

Rationale9

Aims and Objectives9

Significance9

Research Question10

Limitation of the Study10

Ethical Concern11

CHAPTER 2: LITERATURE REVIEW13

Voluntary and Keynesian Unemployment13

Relationship of Inequality to Unemployment in the United States22

Unemployment Insurance (UI) and Welfare Policies22

Partisanship and Politics26

Partnership and Reforms in Public Administration28

CHAPTER 3: METHODOLOGY30

Research Design30

Literature Search30

Keywords31

Sample size31

Analysis31

REFERENCES36

APPENDIX40

Chapter 1: Introduction

Outline of the Study

This research focuses on the various aspects of Government policies and its impact on unemployment and comprises of the following chapters:

(1)Introduction

(2)Literature Review

(3)Methodology

(4)Conclusion

Introduction of the Research

The high unemployment rate in recent years has drawn attention of many macro and labor economists towards itself. Extensive hypothetical and practical work has provided many recommendations of policy making to reduce unemployment. Labor economists have not agreed over whether unemployment levels vary in response to the same factors in different countries; which policies will be most effective for reducing unemployment and which policies will be appropriate for those countries that differ in social, political and economic establishments.

Economic instability is generally measured as the changes in Gross domestic product, inflation rates or unemployment. There are two schools of thoughts for the affect of government policies in complex democratic system: the mixed economy and big government's role. Supporters of mixed economy believes that state only facilitates and directs the market economy for public welfare's sake and its role should be minimal in organizing social and economical relations in society. Many people argue that mixed economies can bear unemployment; it makes the individual effects of unemployment ...