The scope of youth unemployment problem in the uk posted on december 25, 2013 by john dudovskiy unemployment is serious social and economic issue for the society, and unemployed individuals in many levels. We expect unemployment to continue to trend downward through 2015, at a pretty steady rate specifically, we project the unemployment rate to fall to 52% by end-2015, and 49% by end-2016 expected ongoing healthy economic growth is seen supporting demand for labour, but rising productivity is expected to limit the fall in unemployment.
Angela merkel, a german politician, believes that youth unemployment is the “most pressing problem” for europe, and that the uk could take advice from the german system focusing more on apprenticeships and not just academic study.
The amount of short-run unemployment created by advancing technology, as well as the amount of howling (or lobbying), is directly related to the degree of artificiality in the particular labor markets affected.
Unemployment in the united kingdom is measured by the office for national statistics and in the three months to may 2017 the headline unemployment rate stood at 45%, or 149 million people this is a reduction in unemployed people of 152,000 from a year earlier, and is the lowest jobless rate since 1975. The unemployment rate is a percentage that expresses the proportion of people unemployed compare to labour force in uk unemployment rate uk= total unemployed uk / total labour force uk more information clicking on the links in the tables.
The rise in unemployment, which comes after it fell to levels not seen since the mid-1970s, pushed the jobless rate to 44% against city forecasts for the level to remain unchanged at 43. Unemployment is an economic condition in which individuals actively seeking jobs remain un-hiredthe problem of unemployment is a world-wide reality the developed countries as well as the developing countries suffer from it.
Unemployment is a residual and individual problem which effect on whole economy by late the 1980s unemployment becomes a big policy and public consensus for the g5 countries (uk, usa, japan, france and germany. Unemployment in india unemployment india as a nation is faced with massive problem of unemployment unemployment can be defined as a state of worklessness for a man fit and willing to work it is a condition of involuntary and not voluntary idleness.
For example, unemployment levels of 3 million were reached in the uk in the last two recessions, between 1980 and 1982, and between 1990 and 1992 in the most recent recession of 2008-2010, unemployment levels rose to 24m in the last quarter of 2009, and reached a 17 year high of 26m by late 2011.