He stated that A person who has no job still needs the necessities of life. The picture portrayed by Lampan above, was actually what happened in Nigeria, were especially during the oil boom period that has resulted to the unemployment situation in the country.
High level of psychological problems is also due to unemployment How to minimize unemployment If there is a high employment in your area then you can minimize it in the following ways, 1. What are the effects of unemployment on our society? According to Osion the research on the consequences of unemployment maintained that the fact that autonomous consumption is inevitable, makes some feeble minded ones indulge in robbery.
Princewill, in Vanguard June 25, observed that sincethis country has experienced unprecedented rise in crime wave, armed robbery, political assassinations, religious riots, inter-ethnic and intra-ethnic clashes, communal clashes was due to the increasing unemployment rate.
Aguenedefined unemployment as the number of people in the population who are willing and offer themselves for employment but could not be employed because of lack of vacancies for them. The fact that there is no reliable data on the figure of unemployed Nigerians not withstanding very much, Nigerians are unemployed.
These impacts can be economic, but they can also be seen in areas like crime and the family. Rodney in his findings on the nature of African society and the nature of Educational system introduced to us by the colonial masters pointed out that the educational system was non-functional.
This is another individual negative effect, but an important one. Rodney in his findings on the nature of African society and the nature of Educational system introduced to us by the colonial masters pointed out that the educational system was non-functional.
Unemployment, if it is high enough, can have many impacts on society. The second factor according to Lampan was the degree of unemployment in the developing countries were due to the neglect of indigenous technology and inadequate patronage received by local industries from the consumers and their government as well as the rate of profit reinvestment in the foreign owned industries in the country.
But it has been observed that not in industrial sector, also in agriculture sector; there is substantial increase of capital than labour. They are able to buy fewer goods and services, thus making businesses less profitable.
The greater the number of the unemployed or the longer they are without work the more money the government has to shell out.
Unemployment arises when the demand for labour of the factors of production falls short of supply. Tension can occur, causing stress and strain on the body.
Graham maintained that some unemployed people, and their families, experience anxiety and despair, frustration and desperate unhappiness. For example, the growth of piracy and emergence of armed terrorist groups in Somalia was widely fueled by unemployment due to decades of political instability.
He stated that his findings on the educational system and the growth of our economy, compared with that of Europe, the colonial masters revealed our educational system as institution of unemployment.The negative effects far outweigh the positive effects when it comes to the impact unemployment has on society and the individual as well.
Not Enough Money: This is one of the adverse effects. Community effects.
The impact of unemployment extends beyond individuals and families to communities and neighborhoods. High unemployment and poverty go hand in hand, and the characteristics of poor neighborhoods amplify the impact of.
Unemployment, if it is high enough, can have many impacts on society. These impacts can be economic, but they can also be seen in areas like crime and the family.
The most obvious impact of unemployment is that it hurts the economy. People who are unemployed have less money to spend. Unemployment has been the bane of the society, it has defied solutions both state and local governments.
It is for this reason that the researcher was motivated to undertake this study in order to investigate the causes and consequences of unemployment in.
Unemployment causes widespread poverty, increased crime rates, political instability, exploitation of labor and reduced economic development in the society.
Unemployment may also lead to psychological problems, such as mental illness, anxiety and depression. The costs of unemployment to the individual are not hard to imagine.
When a person loses his or her job, there is often an immediate impact to that person's standard of living. Prior to the Great.Download