How does unemployment of affect the youth
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human capital is one of the most important resources unemployment leads to wastage of Manpower resource people who are an asset for the economy turn into a liability there is a feeling of hopelessness and despair among the youth
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Being unemployed when young leads to a higher likelihood of long-term 'scarring' in later life in terms of subsequent lower pay, higher unemployment and reduced life chances according to much research (see, for example, work by Bell & Blanchflower and Strandh et al).
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