How does unemployment have a negative impact on the overall growth of an economy?; How does unemployment have a negative impact on the overall growth of an economy?
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a. Unemployment is surely detrimental to the overall growth of country's economy.
b. It transforms the vital population of the country onto a liability
c. Unemployment also increases the poverty rate of the country hampering the progress of the country.
d. Unemployed people do not make contribution to nation's economy and also are unable to improve their standard of living.
e. Unemployed are most vulnerable who are at times compelled to take up work andwork under adverse conditions, It leads to exploitation of labour.
f. Unemployment creates frustration among the youth who then engage in anti social activities.
g. Unemployment also increases the dependence level of the people on nation;s economy.
h. It affects the overall health of the family and society.
b. It transforms the vital population of the country onto a liability
c. Unemployment also increases the poverty rate of the country hampering the progress of the country.
d. Unemployed people do not make contribution to nation's economy and also are unable to improve their standard of living.
e. Unemployed are most vulnerable who are at times compelled to take up work andwork under adverse conditions, It leads to exploitation of labour.
f. Unemployment creates frustration among the youth who then engage in anti social activities.
g. Unemployment also increases the dependence level of the people on nation;s economy.
h. It affects the overall health of the family and society.
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