Economy, asked by Ishika81989, 1 year ago

A paragraph on employment and unemployment
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Answers

Answered by khush777
1
paragraph on unemployment..
Unemployment is an issue that confronts economies almost all the world. The levels of employment differ in different countries. Governments of countries try to reduce unemployment by adopting suitable measures to increase the number of jobs, and skill the youth and others to be gainfully employed.

Unemployment leads to many social ills. There is an increase in poverty as the unemployed lack the purchasing power to meet their bare necessities. Poverty leads to beggary. There is also an increase in crime such as murder and rape in society due to unemployment. The unemployed also suffer from psychiatric conditions like depression.

paragraph on employment..
Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.[1]Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector she or he is working in. Employees in some fields or sectors may receive gratuities, bonus payment or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits can include health insurance, housing, disability insurance or use of a gym. Employment is typically governed by employment laws, regulations or legal contracts.

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Answered by davanubha
0

The Labour Force Survey (LFS) defines an employed person as anyone aged 16, or over, who has completed at least one hour of work in the period being measured, or are temporarily away from his or her job, such as being on holiday. The number of people in employment is not the same as the number of jobs given that some people have more than one job.here is only one official definition of unemployment—people who are jobless, actively seeking work, and available to take a job, as discussed above. The official unemployment rate for the nation is the number of unemployed as a percentage of the labor force (the sum of the employed and unemployed



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