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Unemployment is a big problem for the economy. ... The aim should be to keep unemployment as low as possible.
Unemployment Theories - Causes of Unemployment - Whose fault is it?
There are many different possible causes of unemployment, and unfortunately for governments, it is never easy to identify which is the most important and what to do about it. The causes of unemployment can be split into two main types:
1. ... Supply-side
The first cause of unemployment (demand-side) is simply a lack of aggregate demand . When there isnt enough demand employers will not need as many workers, and so demand-deficient unemployment results.
Approximate Word count = 456 Approximate Pages = 1.8 (250 words per page double spaced)
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