four effects of unemployment
Answers
Four effects (positive or negative) of unemployment are
1. Country's income would reduce due to unemployment
2. Social Issues: Many crimes are committed by individuals who are unemployed and living in poverty. When unemployment rates increase, crime rates tend to rise. According to the study in the Journal of Quantitative Criminology in 2016, individuals who are unemployed for socially unacceptable reasons and don't wish to seek out job opportunities are more likely to engage in burglary or robbery.
3. More Time With Family and Friends: This is a strong positive effect of unemployment for an individual. They can spend time with their children, family and friends. Without a job, there is more time to participate in family or school events.
4. Not Enough Money: This is one of the adverse effects on the individual. Everything in the world costs money. If there is no source of income, you're going to have to settle and go without. If an unemployed individual has a family, it's difficult. Sure, there are unemployment benefits, but they aren't going to pay for extra things to do with your family and travel to new places
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