Identify two specific issues related to unemployment

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Reference no: EM133813834

Assignment Overview
A high unemployment rate in any economy is a symptom of dysfunctionality in the economy. People need income to be able to consume, and consumption leads to production, and production leads to a higher demand for labor (employment), so unemployment is a crucial macroeconomic issue that confronts all modern economies. A lower unemployment rate, however, is not the end of the problem. The type of employment and the price of labor (wages) must be sufficient for consumption (which is the major component of GDP) in the economy to be healthy. If wages are low or if the prices in the economy are high, consumption would be low and, thus, production and demand for labor would be low too. High unemployment rate, high part-time employment rate for economic reasons, low wages, and high inflation could have negative effects on economic growth. Need it written? Get it done - Hire a writer today!

Assignment Description
In this assignment, you need to identify two specific issues related to unemployment. You will study their past trends, provide an overview of their current status, and provide solutions to overcome them. You will use data from the past 10 years, articles, experts' opinions, and government reports to draw a clear picture of unemployment issues.
Some unemployment-related issues you might consider include the following.
Unemployment rates for men
Unemployment rates among African Americans
Unemployment rates among Hispanics
Unemployment rates among Whites
Unemployment rates among Asians
Unemployment rate among workers with high school diploma
Unemployment rate among workers with less than a high school diploma
Unemployment rate in the medical industry
Unemployment rate in the high-tech industry
Your research needs to be structured with consistent and clear thoughts. It also needs to be supported by actual data. Your results need to be based on solid facts. Your conclusion and recommended solution need to be thorough and based on your findings and understanding of macroeconomic challenges and macroeconomic policies.
Writing Style (APA) and Page Number Requirements

Reference no: EM133813834

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