Edwin
Unemployment Causes and Consequences
by Edwin Mwai|2012 Unemployment is a situation many of us are familiar with, especially during these unpredictable changes in many economies today. Almost every person has faced unemployment at one time or another in their lives. The situation is made worse by the rising population in the world and more so if many do not [...]
Technological Unemployment
by Edwin Mwai|2012 This term is used generally by economists to explain a situation of astounding growth in innovations and technology that in turn leads to lack of jobs. Technological advancement became a concern following the industrial revolution that was characterized by lots of manual work which was substituted with machines. Most mills and factories [...]
How Unemployment Affects the Economy
by Edwin Mwai|2012 When unemployment rates are high in any given country, this is bad news. This in turn leads to more unemployment rates since candidates competing for a single job opportunity are numerous and hence the chances of landing that job are thinner. However, this does not only mean bad news for the individual [...]
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