Question

unemployment has a detrimental impact on the overall growth of the economy
justify your statement​

Answer 1

Detrimental effects of unemployment over economy : Leads to wastage of manpower resources, Tends to increase economic overload. The dependence of the unemployed on working population increases.

thanks..

Answer 2

Answer:

Unemployment financial costs the government and the nation suffer. In many countries the government has to pay the unemployed some benefits. The greater the number of the unemployed or the longer they are without work the more money the government has to shell out. Therefore, the nation not only has to deal with the lost income and decreased production but also with additional cost.

Spending power the spending power of an unemployed person and his/her family decreases drastically and they would rather save than spend their money, which in turn affects the economy adversely.

Reduced spending power of the employed    Increased taxes and the insecurity about their own work may affect the spending power of the working people as well and they too may start to spend less than before thus affecting the economy and also the society in a negative manner.

Recession    With the increase rates of unemployment other economy factors are significantly affected, such as: the income per person, health costs, quality of health-care, standard of leaving and poverty.

Explanation: