Mom's Essay 2
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Voluntary vs Involuntary Unemployment Shabanu Popatiya ECON 330 Professor Paul Notley Friday, February 19, 2016 Unemployment is a common word nowadays. It is observed that in spite of education, there are many people that remain without jobs. Widespread and persistent unemployment is one of the serious macroeconomic problems, in both developing and developed countries in the world. Unemployment brings a large number of socio-economic problems in many ways. The negative crash of unemployment is divers and delicate. In addition if the output of income is low its leads to the rising income inequality, ill health and mortality, loss of human capital and skills, migration, loss of human capital relation, loss of motivation for future works and social life. For that reason it is very...