Site Loader

Unemployment is the bigproblem for all economy.

Unemployment is a problem that occurs when a person whois active searching for employment is unable to find work.Unemployment is mostimportance issue for economy.The method of measure unemployment rate is the which is the number of unemployedpeople divided by the number of people in the labor force.There are a lot of  causes for unemployment; change in technologyis one of the big cause for unemployment.As the technology changes employerssearch for people with latest technical skill.Job cuts to change in thetechnology bring unemployment problem in the community.Recession is firstfactor for unemployment in most of the countries.

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
4,80
Writers Experience
4,80
Delivery
4,90
Support
4,70
Price
Recommended Service
From $13.90 per page
4,6 / 5
4,70
Writers Experience
4,70
Delivery
4,60
Support
4,60
Price
From $20.00 per page
4,5 / 5
4,80
Writers Experience
4,50
Delivery
4,40
Support
4,10
Price
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

Because the financial crisisin one country can affect the other countries economy due toglobalization.Changes in the global markets are another important factor.Job displeasureby many employees is another cause, this happens when less attention given bythe employers on the performance of employee.This leads to lack of interest andwish to work and unemployment becomes inevitable,as employees on purpose loosetheir jobs.Employment differentiation based on the caste, religion, race in thecompanies,an employee looses the ease to work in the organization.Negativeattitude by the employees towards the employers creates unhealthy environmentin the organization.And this finally leads to unemployment.

Unemployment is harmfulbecause it imposes cost on society.”The cost of unemployement can becategorised 3 headings; first of all social cost of unemployement;many of thelonger-term unemployed become bored,lose their friends and suffer fromdepression.Secondly;the cost of both voluntary and involuntary unemployement tothe exchequer is more readily quantifiable than the social cost.And third sofar as the economic cost is concerned,unemployement represents a waste ofsources and means that the economy is producing a lower rate of output than itcould do if there were full employment.” 1(CassimatsP.(1992) A concise introduction to engineering economics,E&fnspon,London) High unemployment rate in a countryleads to social and economic problems in the society as a whole. Economicproblems result in less production of goods and services, less distribution ofincome,loss of tax revenues,fall in GDP rate.Social problems cause’s socialills and shows effect on individuals financially and psychologically.

Some people in Turkey areunemployed despite being in the working age and desire.Unemployment brings withit both economic and social negative consequences in terms of the individualand the society in which he lives.In this respect, unemployment is a matterthat is closely related to individuals and society.The unemployed and theimportance of enough social unemployed population yet a lack of economicsecurity in Turkey is further increasing.In Turkey, the population in the age 15 and above are considered to beactive and of these housewives,students,retired,elderly or sick,seasonalworkers and so on outside the workforce.In 2015, the total labor force inTurkey and their 29 million 621 thousand in the number of unemployed was 3million 057 thousand people. The ratio of the unemployed population to theworkforce was 10.

3% .Turkey labour force participation rate was 51,3 employementrate was 46,0.Age group of 15-64 labour force participation rate was 56,1 andunemployment rate was 10,5.Yough population(15-24) unemployment rate was 18,5.Consideringthe distribution according to age groups of the unemployed population in Turkeyis the most populous age group 20-24.This is followed by the 15-19 and 25-29age groups.The sum of these three groups, namely those aged 15-29, brings 62%of the unemployed population to the scene.

After the age of 30, the rate ofunemployed is gradually decreasing.In 2016,the total labour force in Turkey and their 30 million 330thousand in the number of unemployed was 3 million 330 thousand people.Theratio of unemployement population to the workforce was 10,9.Turkey labour forceparticipation rate was 52,0 employement rate was 46,3.Age group of 15-64 labourforce participation rate was 57,0 and unemployment rate was 11,1.Youthpopulation(15-24) unemployment rate was 19,6.

Age groups with the highestunemployment rate among unemployment rates according to age groups are agegroups 15-19 and 20-24. The age group with the lowest unemployment rate is 65+age group. In addition, in this case is of great importance in terms of whereto focus labor market policies and policies to facilitate the entry of youngpeople into the labor marketTurkey has a youngpopulation  with the problem ofunemployment most affects teenagers. Unemployed people are particularlyconcentrated in the 20-24 age group after education and military service, andfor the first time job seekers are an important issue. About one third of thetotal unemployed population in Turkey is the 15-24 age group. It is possible tostate that the country’s economy can not use its young population and that thispopulation remains idle.Turkey has a youngpopulation it is a  most importantadvantage compared to many other countries.

However, due to not create of jobsin this young population,the youth unemployment rate reached a high level of18.5%.Youth unemployment in Turkey, the country’s economic, demographic andstructural factors are linked to.

In addition, the fact that thecompetitiveness of young people is weaker than adults is another factor in thelabor market.Indicators show thateducation  is not enough to solve theproblems of youth unemployment in Turkey.A recent graduate in Turkey, thenumber of employment opportunities for the young workforce in high school andhigher education have taken quite low.

For example, 18.5 percent of the youngunemployed in the 20-24 age group are university graduates. The most important stepthat can be taken to remove unemployment is to create employment. It ispossible to do this by creating an area suitable for the increase ofinvestments. The opening of new job fields in the fight against unemploymentand the reorganization of the education system towards the business life are ofgreat importance.

In addition, the prevention of immigration from the city tothe city may be a step towards reducing unemployment rates.On the other hand, youngpeople entering the labor market constitute a separate problem. It is alsodifficult for young people to enter the labor market if they prefer to employnew and experienced workers instead of young people, who are generallyspecialized, have a military position for men, rather than young people.

Another important factor that is effective in youth unemployment is that theeducation systems in preparation for business life do not have a sufficientlyfavorable structure. This negative situation affects the employment situationof young people negatively in the recession periods of the economy while thewelfare levels of the country’s economies are high, ie when the demand forlabor is high.As a result, unemploymentis a problem in a country that significantly affects the individual,society andthe economy.You can get rid of this problem simply by following the rightpolicies. There are also countries where unemployment can be kept at 1% or 3%,besides 30%. Unemployment, which is the problem of developing countries such asTurkey, can be eliminated to the greatest extent.

 

Post Author: admin

x

Hi!
I'm Eric!

Would you like to get a custom essay? How about receiving a customized one?

Check it out