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Unemployment

Part one of term paper
has always been a problem in our society. The current rate in Ontario is approximately six percent. This percentage does not usually fluctuate very much, unless there is some dramatic incident that affects the whole economy, like inflation for example. There are numerous causes of that economists around the world have came up with. Howe ...

Part two of term paper
... also applies to young people trying to find their first time job, language disabilities and lack of skills, including literacy. Frictional employment of this kind increases every year. The effects of this kind of is that there are more and more young job seekers out there, while the average level of formal education and job expectations of these new entrants to the labour force is very high. But the most important effect of all is the reduction in the rate of growth of new job opportunities. ...

Word count: 548 | Approximate pages: 2

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