write an elocution on the topic: unemployemnet and high crime rates
Answers
Unemployment occurs when people are without jobs and they have actively looked for work within the past four weeks. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force (the International Labour Organization). There never occurs full employment in the country. But there are different methods of combating unemployment. There are some countries that reached a minimum unemployment figure. A good example of this are the post World War II era when there was a huge economic growth occurring. e.g. the United Kingdom in the 1950s and 60s when the average unemployment rate was at about 1.6 % (John Sloman (2004). Economics. Penguin. p. 811), and in Australia in the 1945 government established a policy of full employment, which lasted until the 1970s when the government ran out of money. The latest statistics for UK unemployment is “The unemployment rate stands at 7.7% – down 0.1% over the quarter. 29.19 million people were in work in July to September according to the labour force survey (LFS). The number of people employed was up by 167,000 this quarter and up by nearly 300,000 from last year.”
Explanation:
Based on time-series evidence from 6 crime categories and 43 police force areas, they confirm that not only unemployment does increase crime but it does so more in high crime areas. Moreover, they find that the crime-reducing effect of higher detection rates is stronger in low-crime areas.