Impact of Unemployment on the Long Term
The unemployment is defined as the state of looking for a job and not being able to get a job. The unemployed people are willing to be in the labor market; however, the economies cannot produce enough jobs for all the workers. The unemployment might continue the long term, especially after the recession times in the national economies (Krueger, Cramer and Cho 230). The ability to create new jobs is very essential for the national economies. The recession times in the world cause an increase in the unemployment rate, and some of the unemployments are long-term unemployments. The most ...