Types of Unemployment in Zambia (Macro Economics)
Types of Unemployment in Zambia (Macro Economics)
Types of Unemployment in Zambia (Macro Economics)
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Unemployment is the state of an individual looking for a paying job but not having
one. Unemployment does not include full-time students, the retired, children, or those
not actively looking for a paying job. According to recent statistics, approximately
12.85% percent of the labor force is unemployed in Zambia. It is increasing day by
day. Unemployment is not only a social means; its consequences are also far-
reaching. It brings frustration and depression among the youth and purser it to
negative activities. It is one of the cases of robberies, street crime and that lead to
higher poverty rates and poorer neighborhoods that amplify the societal impact of
unemployment in our country.
The foremost problem the world is facing today is unemployment. The ratio of
unemployment is increasing rapidly due to a lack of sources and when
unemployment takes place so many crimes are automatically created. You may find
many graduated masters IT experts, engineers, and doctors wondering about job
opportunities due to bad employment systems. The poverty rate is also at its peak
therefore uneducated and unskilled people can be found easily in Zambia. The
Labour class is also affected by unemployment. Due to unemployment, the living
standard of Zambians is going down with time People are lacking in their basic
needs. Below are the types of employment and how they can be solved