Question

What are the effects of employment

Answer 1

Explanation:

Being unemployed can lead to depression, low self-esteem, anxiety and other mental health issues, especially if an individual truly wants a job but can't find employment. Tension can occur, causing stress and strain on the body. Economic Issues: During unemployment, there is no income, which leads to poverty

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Answer 2

Explanation:

If these effects are large, aggregate employment levels of low-wage workers may decline. ... Macro-economic theories highlight the fact that higher wages not only raise labour costs for employers, but they also increase consumption demand among the low-paid workers and their families.