Question

what are impact of unemployment

Answer 1

unemployment finanical costs
spending powers
recession
tension at home
tension over tax rise
insecurity among employee\
crime and violence

Answer 2

Impact of unemployment:-

1. Unemployment leads to wastage of manpower resources.
2. People who are an asset for the economy turn into a liability.
3. There is a feeling of hopelessness and despair among the youth.
4. People do not have enough money to support their family. Inability of educated people who are willin to work, to find gainful employment, implies a great social waste.
5. Unemployment tends to increase the economic overload.
6. When a family has to live on bare subsistence levels, there is a general decline in its health status and a rising withdrawal from the school system.