Question

What impact can educated unemployment have on the economy of a country​

Answer 1

Answer:

1. A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. ... In this sense, education is an investment in human capital, similar to an investment in better equipment.
2. When unemployment rates are high and steady, there are negative impacts on the long-run economic growth. Unemployment wastes resources, generates redistributive pressures and distortions, increases poverty, limits labor mobility, and promotes social unrest and conflict.
3. Higher levels of education increase the chance an unemployed person will emerge with a comparable wage and reduce the time required to find new employment. Unemployment can have a devastating impact both on a household and the general economy.