Why do you think the rates of unemployment is so high allover the world
- Thread starter Stardom22
- Start date
Inflation is the major culprit but not in every country of the world. In some countries, it is as a result of mismanagement and wrong economic policies. In country like Nigeria, it is corruption and politicians who doesn't have the goodwill of the people at heart.
I think one major cause is the Pandemic. A lot of businesses such as travel agencies, airline companies, restaurants and even retail shops close down or laid off a lot of their staff.
I think because uneducated are doing well and they careless about education so unemployment
I think population is increasing day by day and that could be one reason of unemployment.
In most cases students are not taught the importance of having a hand skill to start up a business for themselves, they made believe once they graduate there is one good job out there, only for them to come out and face the hard reality.
- Thread starter
- #10
I too think that the wrong policies, corruption and lack of goodwill among the government officials and the people they lead are the major cause of the ongoing higher unemployment rates all over the world.
In many situations machines have taken over and technology has ridden many a clerical job.
Overpopulation is the reason that we have so many people without jobs. Population growth is too high.
There is a shortage of jobs, which leads to higher unemployment rates. In addition, AI and machines are increasingly replacing human workers.
