Policies to Reduce Unemployment - Essay Example

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Policies to Reduce Unemployment

It's with this in mind that the government of the UK has to change tactic in order to enable companies to remain in business and create job opportunities despite the economic recession
The number of people in full time employment fell drastically between 2007 and 2009 (Arnold 2001). The rate of loosing jobs is alarming. About the same number of jobs lost the previous year were lost in just four months last year from October 2008 to the beginning of the year 2009. it better to make the assumption that those who lost their jobs were those who were being paid well from their professional expertise and could still be living on their bonuses. The number of people unemployed but actively seeking employment has increased by about one million, other people appears to have opted for part time jobs and as a result the number of part-time employees has increased by almost 1.3 million. Some people have already given up (Gilbody 1998).
By the beginning of the new millennium, (the year 2000) the world was very different from the way it was in the 1900s. The United Kingdom underwent a massive change. The labour party of United Kingdom had won its second term to serve again in office. ...Show more

Summary

There has been an increase in the number of unemployed people all over the world because of the widespread effects of the economic recession. Many companies are reducing the number of employees in an effort to cut costs while there are no new companies or growing companies that are creating more job opportunities…
Author : jasen85
Policies to Reduce Unemployment essay example
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