Tag: unemployment

When The Economy Speaks … Reversing National Unemployment Statistics

by sheilasingapore

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 well as those who are not active economically. They are barely able to create jobs for themselves, much less others. Determine what that number looks like for your country. Derive policies based on those numbers. It will become difficult to go wrong from there.

Regional Article 23: Unemployment, labour disputes, economic diversification and fertility

by sheilasingapore

  Most countries think supply of labour should drive demand.  We forget then (or choose not to admit to ourselves) that it is demand that drives supply in any situation.  Not the other way around.  It is just not realistic to believe that because we have so many ‘young ones’ here, that there should be jobs … Continue reading Regional Article 23: Unemployment, labour disputes, economic diversification and fertility

Regional Article 17: Is unemployment real?

by sheilasingapore

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 … Continue reading Regional Article 17: Is unemployment real?