Four contributory factors to unemployment locally and globally

There exists only one official description of unemployment—jobless people, actively seeking work, and being available to accept a job. The official unemployment rate for the nation exists as the number of unemployed as a percentage of the labor force (the totality of the employed and unemployed).

The contributory factors to unemployment locally and globally are,

Illiteracy

Poor education exists one of the leading reasons for poverty globally. Receiving increased education levels can help students to maintain enough knowledge and qualifications to acquire a job to escape from poverty. However, education exists not attached much significance in many parts of the world.

Disease

Another reason that drives poverty exists a disease; this exists a big problem that several families are now facing. Treatment usually needs a huge amount of money numerous households have to sell everything they have and borrow cash from everyone so that they can have sufficient to cure their family's associate’s disease. Even normal families, if their kids, unfortunately, suffer from a serious disease, may fall into poverty as they maintain to expend all of their money for the treatment.

No Job Opportunities

Because many poor individuals cannot go to school and acquire high education levels, they do not have the capabilities to get a good job in companies. Jobs that young individuals without high qualifications can obtain exist usually blue-collar work, which cannot furnish them with a stable and high salary.

Overpopulation

One surprising thing exists that overpopulation is also one of the primary factors that induce poverty. Because of the huge quantity of people and the lack of a national budget, the government cannot manage for and sustain all the citizens of their country.

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