Long Term Unemployment Education

There are three different kinds of unemployment that affect our economy: frictional, cyclical and structural. Frictional unemployment occurs when there is a time laps between being employed and looking for work. This term can also be referred to as search employment because it is the time spent searching for a place of employment. One example of this would be a student taking time off of work to finish college and get a 4 year degree. Usually, it takes a lot of time and dedication to finish the last years of school, so some students tend to go to school full time and work part time or not at all. This type of unemployment is also classified as voluntary unemployment because this period of unemployment is at the discretion of the person to some small degree. Secondly, there is cyclical unemployment which changes depending on the business need; for example, workers are laid off when business is bad - then

NAPLAN, the assessment program launched almost 9 years ago and already a subject of criticism and controversy, is becoming increasing intertwined with education in NSW. The NSW Education Standards Authority has attempted to address what they call “falling standards” in the NSW education system, implementing harsher standards that mean preventing students failing to receive a Band 8 from receiving a HSC. These “minimum standards”, backed by former minister for education Adrian Piccoli, have already garnered considerable attention and criticism. Already many parents believe that their children will no longer be able to obtain a HSC, and they will do anything to try and “push up” their child’s result- adding to the environment of already competitive pressure which we see in schools throughout NSW, and further fuelled by so-called “NAPLAN practice books” and aggressive private tutoring.

Mostly every job these days you have to have a high school education. “Today, the people who seem to be hurting the most in our sputtering economy are dropouts in their 30’s, 40’s and 50’s” and “Despite their work experience, some can’t even apply for a new job without proof that they complete high school” ( A High… Hardships). “ It’s not a permanent job yet. [Is] still on probation. It’s the eighth job he’s had in the last five years” (A High… Hardships). Not having a high school education will hurt your future. That person will be more likely to lose their job if that company wants to hire new employees who have a high school education or even a college degree. Another is if the market crashes those big companies will lay off those who do not have an education because they are normally on the bottom of the chain anyway. When living in poverty people are not able to have their wants. That means they are more likely to steal things, which leads to a criminal background. Then that person's future will probably lead to poor health because they are living in poverty or a high crime rated neighborhoods. Where there is poor build construction, poor ventilation, and poor hygiene. There are a lot of people who live in poverty who are homeless, because they do not have a job to provide for themselves, to have shelter for themselves, or acquire

Although there can be economic struggles when attending college, such as student debt, in magnitude the majority of people will nonetheless earn a better living for the future. In other words, as your level of education increases, your earnings will also rise. As a result, unemployment rates fall as well. To elaborate, as stated in Source A, “Workers with a bachelor’s degree, for example, earned about $415 more a week than workers whose highest level of education was a high school diploma. And the rate of unemployment...was about half...” For this reason, even though it is not uncommon for students at the

Today American citizens undeniably face some of the nation’s greatest challenges. No matter the issue, there will be consequences as a result. A great issue as voted by most Americans is believed to be the high percentage rate of unemployment. Unemployment is a distressingly bad aspect, and unfortunately it is a daily normality and struggle for most individuals. There are a plethora of reasons why unemployment is intensively high; frictional, structural and voluntary unemployment for example, serve as major purposes to the leading cause of high unemployment. Frictional unemployment occurs from the amount of time spent in finding new employment in the free market. For example, a recent university graduate may not necessarily expect to find a job of their expertise and skills right away therefore the job hunt continues. This also occurs whereas people choose to be unemployed rather than accepting the first job that comes around or are in between jobs because they have become inessential or simply looking for a better, beneficial career. Structural unemployment occurs due to inconsistent labor skills such as occupational immobility where learning a new skill required for a certain occupation is complicated. For example an unemployed mechanic will struggle to find an occupation in the medical industry because of the difference in occupational knowledge. Geographical immobility

It is assumed that if you are poor then you will not receive a form of higher education. It is even more realistic that when this is the case lack of education impairs your chances of gaining ground beyond that of poverty. About 34% of unemployed people never got a high school diploma compared to the 6% of unemployed people who have attained a bachelor's degree (U.S. Census Bureau). These unemployed individuals never got the education needed to hold a middle-class worthy job so they live in poverty. This chart below demonstrates how education increases chances of employment, allowing an income that may keep you above poverty level.

When governments look at policies to reduce unemployment, they tend to look at the short term and then the long term. In the short term, they need to ensure there is sufficient demand and economic growth in the economy to help control cyclical unemployment. This is done by adopting

the lowest levels of education have the highest rates of unemployment. So a stronger appliance of the educational system can steer society towards positive growth, centered around a successfully working unit that can produce better workers and create greater welfare. On the other hand, these workers will also create a more productive society that will eventually cause GDP per capita levels to increase, as well as economic expansion and the international status of the country in general. Education can very well create highly skilled workers, but that doesn’t eliminate the fact that the quantity of working positions

Unemployment leads to financial problems and reduces the overall purchasing capacity of our nation. Unemployment can have benefits only to for things such as being provided food and reduced rent, which is called section eight and food stamps. Poverty compared to unemployment can be described different ways for example, poverty can cause unemployment but it if someone is below the poverty threshold they might get absolutely no help from the government and can not maintain a standard of living. Living conditions can affect the way people look at you as far as a job goes. There are multiple different ways that people look in others for a jobs such as dependability, honest, and reliable. A poor person is more likely to get overlooked for a job than a person in a higher class or middle class, that could possibly tie in with the fact that low income people have a lower level of education and not being able to present themselves in a formal manner. Taking care of their children would be a difficult task being at or below the poverty line with an income lower than 20,000 a year from both adults in the

Issues that may also negatively affect the worker is the level of skill or education to be employed in service based jobs. If a person is not academically strong, nor can afford the education needed, does this mean this person is likely to be unemployed? There is debate over significantly increasing minimum wage, where let’s say, a person who works in a fast food chain may end up making the same as

Cleopatra’s family ruled over Egypt for more than 100 years before she was born in 69 B.C. Myths and stories involving Cleopatra’s life inspired many movies, plays, and books, including “Antony and Cleopatra” by Shakespeare. She has become on of the most popular ancient Egyptian queens. (Biography.com, ??)

However, life has changed, globalization and feminism have had a huge impact on the work environment all around the world. Technology has also made many jobs easier, yet very, very similar. Because of these changes, unemployment has become an issue all around the globe. The government views the unemployment situation as an individual problem.  From the government’s perspective, unemployment is due to the lack of training of the individual.  However, because

In 2011, the rate of unemployment is at 9%. Although there is a decline it has been rather slow. Financial analysts predict that unemployment rate would drop to 8%. Even for the people who still have their jobs the hours that they work have been reduced since then. With reduced hours the productivity of the workers would not be fully exploited which in the end, affects the economy. This is so because with a small fiscal base the economy has not been able to recover from recession fast enough. Although there have been positive growths in the employment rates these growths are barely enough. They do little to help in the dire situation. This only means that joblessness is something that the population would have learned to live with.

The United States is currently experiencing a slow recovery from the recession of 2008-09. The current unemployment rate is 7.7%, which is the lowest level since December of 2008 (BLS, 2012). However, this rate is believed to higher than the rate that would occur if the economy was operating at peak efficiency, and it is also believed that there are structural issues still underpinning this performance. For example, the number of Americans who have exited the work force as the result of prolonged unemployment is believed to be higher than usual. In addition, the Congressional Budget Office (CBO, 2012) notes that long-term unemployment of greater than 26 weeks is at a much higher rate than normal, which will have adverse long-run effects on the economy, since workers with long-term unemployment often find their career paths derailed.

Since the 2008 financial crisis and the recession that followed in 2009 there has been a high unemployment rate among the youth. Canada’s unemployment rate is sitting at an all high time of 11.8%. (TD Economics) The unemployment rate specifically for youth aged 15 to 24 years old has climbed approximately 24.4%. (TD Economics) The impact of youth unemployment is long lasting and can harm an individual’s career opportunities. Economists have conducted a research which determines that the period of unemployment in an individual’s life will negatively impact them in the future because they will earn lower wages. For example, if you are a college or university graduate in Canada who is in a recession the unemployment rate will rise by about 5%, that implies a loss in earnings of about 9% annually. (TD Economics) If the social