Tag: job creation
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When The Economy Speaks … Reversing National Unemployment Statistics
When a country says it has a 20% unemployment rate, multiply that by three times to determine the rate that is closer to what could be happening on the ground for the country. These include other than those who are actively seeking work or discouraged work seekers, those who would chose not to work as…
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Newspaper Column #3: Is unemployment, the real problem? The Story of Supply of Labour – Part III
As it appeared in the Sunday Standard, Botswana on Sunday Nov 4, 2012 edition. Labour is a cost It can assist to generate revenue but it is firstly, a cost. When we add them up, it can rack up into billions of dollars. Easily. Hence a situation of ‘that we have labour’, will not be enough reason why…
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Newspaper Column #1: Is unmployment the real problem – Part I
As it appeared in the Sunday Standard, Botswana on Sunday Oct 21, 2012 edition (maiden print). This is the 1st of a three part series of this article. Each part will build on the earlier article to an eventual conclusion. We invite you to participate in the column as well as do your ‘own homework’ – searching and…
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Regional Article 17: Is unemployment real?
UNEMPLOYMENT = SUPPLY OF LABOUR > DEMAND FOR LABOUR In a country, where levels of unemployment stay persistent over time, then it is a sign that the rates of growth of the supply of labour (population numbers -” child creation”) each year is growing at rates faster than the rate of growth of the demand for…