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Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree.. Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which ...
The changes made by the act to the Unemployment Insurance Acts 1920 to 1929 were temporary, section 20(7) and (8) providing that they only had effect from 13 March 1930 until 30 June 1933. [2] It was continued in force until 30 June 1934 by the Unemployment Insurance (Expiring Enactments) Act 1933.
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
Levels of persistent unemployment can be quantified empirically, but the causes are subject to debate. Optimists accept short term unemployment may be caused by innovation, yet claim that after a while, compensation effects will always create at least as many jobs as were originally destroyed. While this optimistic view has been continually ...
Seasonal unemployment may be seen as a kind of structural unemployment, since it is a type of unemployment that is linked to certain kinds of jobs (construction work, migratory farm work). The most-cited official unemployment measures erase this kind of unemployment from the statistics using "seasonal adjustment" techniques.
A related concept is graduate unemployment which is the level of unemployment among university graduates. Statistics for June 2010 show that there are 926,000 young people under the age of 25 who are unemployed which equates to an unemployment rate of 19.6% among young people. [ 84 ]
Kannan, a development economist in Kerala, calls it as Educated Unemployment, in which a person can't find desired job according to his educational qualification. [23] Other varying factor of Kerala with respect to rest of India is the higher number of female job seekers with respect to its male counterpart.
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