b) Why is unemployment considered a waste of human capital?
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Unemployment considered a waste of human capital
- Unemployment doesn't let people know there rights,there responsibilities, there use to country.
- Unemployment let to less education and it doesn't makes people aware of goodness of study.
- unemployed individuals may be discouraged from searching for a job for taking certain jobs....if unemployment benefits are too generous.
- Unemployment led to negittive psychological consequences, including the loss of identity and self-esteem, increased stress from family and social pressures, along with greater future uncertainty with respect to labour market status.
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