Unemployment is a social and economic phenomenon exists objectively and cause adverse consequences prevented economic development.
Currently the population in developing countries is growing rapidly, the problem employment is a difficult problem for the economy as well as people. Especially among the younger generation.
The high unemployment coupled with low quality jobs if continued will result in more serious consequences.
Unemployment significantly weaken the national economic potential. As rising unemployment, governments have to spend huge sums to unemployment benefits, to help unemployed people get rid of the problem facing the economy. However, it is only short-term support packages, temporary for the unemployed to find work before, provided that the employee previously insured voluntarily unemployed, do not have an economy that has can pay long-term unemployed and regularly for workers. Thus, the unemployment rate increased a great challenge to the budget, social security and sustainable development. Mr. Holly Ransom, executive director of the Global HRE said the unemployment rate among young people causing global production capacity lost approximately $ 150 billion / year.
Unemployment increases the risk of social unrest ; at the same time, weakening the link between the family and society, as well as confidence in government policies. Youth unemployment is not just a problem of young people but of the whole community. When out of work or underemployed, youth must rely on family and the unemployment benefits of the state. Employment and income instability is one of the leading causes of instability in the family, even lead to violence in the family and community. High unemployment among youth increased social ills, such as gambling, theft, drug addiction, ... undermine the confidence of young people against the government, leading to instability, social conflict .
On a global scale, making youth unemployment leads to developing countries restrict migrant workers to secure jobs for its citizens. Restricting foreign workers, underemployed easy to cause conflict disputes between indigenous workers and migrant workers, do appear and exacerbated stigma migrant workers, can easily lead to instability society. The rate of youth unemployment as high as more bold wealth disparities within each country and across countries in the world. That was the germ causing increasing armed violence. According to experts, the death rate due to armed violence in each country is inversely related to economic growth, proportional to the unemployment and the gap between the rich - poor.
Therefore, governments must put policies and appropriate measures to reduce the unemployment rate as the population policy (control birth rate in the society), prevent migration from rural to urban areas (reducing urban unemployment ), the government increased investment in the economy (creating more jobs), attracting foreign investment (allowing foreign firms to operate in the territory of his country contributed more jobs do), intensive training (capacity building for workers while creating job opportunities for labor export), socialization and improve the quality of vocational training systems, expansion of economic activity foreign affairs, the economy .... to be able to grow strongly.
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