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Unemployment (Causes of Unemployment (Global competition (Cheaper imports,…
Unemployment
Causes of Unemployment
Global competition
Cheaper imports
Relocation
Low incentives
Little incentive to return to work.
Economic Recession
Job losses and increased reliance on social welfare
Technology/ automation
Machines do the work man did previously
Geographical location
Rural or Urban
Unemployment History in Ireland
2008-2012 = 15% unemployment
Economy declined
Presently unemployment = 8.5%
Recovery
1994-2007 = 3.7% unemployment
Celtic Tiger
1980 unemployment was at 17.3%
Economic recession
Effects of Unemployment
Family
Relationship problems
Repossession
Decline in income
Education success
Society
Antisocial Behaviour
Increase in taxes
Emigration
Unemployment cycle
Individual
Depression
Social isolation
Financial insecurity
Types of unemployment
Short-term unemployment
short-term is when a person is not working for less than 6months.
Long-term unemployment
When a person is not working for more than 6months.
Definition
When a person is actively looking for work but cannot find work.