Question

Why is unemployement bad for the globalization

Answer 1

Explanation:

It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole.

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Answer 2

Answer:

Hence, in what way does globalization affect unemployment? Globalization has affected unemployment by moving the job patterns, wages almost everywhere have gone up and down, immigration labor from developing countries to developed countries is much easier, and import and exports have increased tremendously.