Report on Unemployment: Analysis, Causes, and Solutions for Job Crisis

This report addresses the rising unemployment rate as a critical problem, exploring its causes and potential solutions through a problem-based learning approach. It identifies issues such as the exclusion of debilitated laborers, underemployment, and long-term unemployment, highlighting the limitations of relying solely on public unemployment rates. The literature review discusses the impact of innovative progression, globalization, and geographic stability on unemployment, referencing studies on missing workers and the decreasing urban working population ratio. The report also touches upon the importance of skills development and government support in creating job opportunities. Data is collected from online sources, and the analysis emphasizes the need for policymakers to ensure sufficient total interest and strategic public investments to maximize sustainable employment levels. Desklib provides access to similar reports and resources for further study.

Problem Based Report

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Identifying problem.....................................................................................................................3
Literature review..........................................................................................................................4
Justification about the problem....................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................1

INTRODUCTION
Problem based learning marks the starting point in the way of learning process. It helps in
taking the place of having an active form of role within the problem. Solution is created with a
structured situation. It involves the process of pitching ideas and creating business plans in order
to solve the needs. Real world problems are used to build a method for learning the concepts and
principles (Hermann, Amaral and Bossle, 2021). Unemployment rate is a major problem which
has lead to create weakness in the job opportunities. This is because there are many potential
workers who are not getting the opportunity for job, are not employed or looking for a job. This
report focuses on the problem of rising unemployment rate and provides a solution for the same.
MAIN BODY
Identifying problem
Debilitate labourers are excluded from power joblessness rate. These are grown-ups
searched for occupations before year, however not having the right month prior to Bureau of
Labour Statistics conducts about their month to month study of families. One clarification these
people believe they unfit for positions that are accessible. Other hardly joined specialists
workforce since they searched for work previous month for different reasons. At the end day,
searching for task however enjoyed official pardon really focus on debilitated parent or kid,
hardly joined specialist in past months (Parshakov and et.al., 2020). Overlooking possibly
connected labourers in the power joblessness rate can cause it emerge like there are less jobless
individuals. Many individuals who secure positions that counterpart their expertise level
compelled to take occupations with low wages. These underemployed persons make huge piece
of labour force.
Without resolving the issue of underemployment, the job loss rate illustrate where the
work market stand. Having an excessive number of employee who are discontent with their
positions or who aren't arriving at their utmost capacity could at last hazardous. Disappointment
with work can likewise lead workforce to be less helpful (Singhania and Kundu, 2020). Any
individual who hasn't been working for somewhere around 27 weeks is viewed as long haul
jobless. Neglecting to zero people who've been jobless for some time can make it hard make
strategies that help them. While having the proper report from the BLS says that the drawn out
joblessness has late declined. While having the unemployment arte this could also led

organization with less profits and that might be not so possible for the organization. This could
play the important role in which the employee need to work and keeping the high skills for
which the can be hired in the organization.
There are numerous issues with depending vigorously on public joblessness rate as a
significant marker of the condition according to economy and workforce. unfortunately, this
regularly implies that genuine level of individuals who do not might be having their occupations
or aren't bringing less income sources which could led with frequently more awful authority
joblessness rate recommends. Albeit the joblessness rate gets majority of general society and
media consideration, monetary specialists at the Bureau of Labour Statistics distribute display of
reviews and reports that attempt measure these sorts of issue and create nuanced and complete
viewpoint on the work market. Indeed, even flawed measures like the joblessness rate, can be
very educational, when deciphered capably and reasonably (Farrell and et.al., 2020). This could
also seems with having many major steps and make sure for having their more process and led
them for working with many more sufficient things. While having such kind of activities this
might be also important for knowing about their working places and make sure for having their
rate with increasing in working with some more better organization. Unemployment rate keeping
high that could cause the loss for the country, so for that they are free for starting up with
business and keeping more with having their proper segments for which they can keep working.
Figure 1 The unemployment rate is vastly understating weakness in today's labour market
Literature review
As per Almula-Dhanoon (2021), Innovative progression which can make altogether
influence an economy. The presentation new advancement can having more portion current
positions become outdated, leaving many individuals jobless. Likewise, new innovations can

considerably expand usefulness, permit organizations to decrease their workforce without
hurting their universal yield. In such kind of activities, numerous specialists face deficiency of
their position and primary joblessness will appear. Rivalry which could led having some another
factor prompt underlying joblessness in economy. For instance, globalization the main thrusts
behind prolonged rivalry all throughout the planet. Agricultural nations for most part give
modest work many organizations from shaped nations move their assemble offices to non-
industrial countries. Albeit the geographic stability of populace immediate reason for primary
joblessness, it can acutely blow up its belongings. For instance, if populace high joblessness area
willing to migrate to where occupations are bountiful, high unemployment will proceed. The
public authority offers help instruction or preparing jobless to build their abilities for getting new
line of work another industry.
According to Acs and Karpman (2020), The public authority finances movement of
jobless people from local with high underlying joblessness while having some different districts.
Also, public authority can extend to appropriations or impetuses organizations work open doors
in discouraged areas. The unemployment rate that exists when economy that helps for creating
full business yield; when an economy downturn, the current joblessness rate higher than the
regular rate a term that depicts an individual who could be working, and needs to work
considered jobless you should be important for the qualified public, and effectively searching for
work. Individuals who don't have some work, however they will agree to a position whenever
offered one. In pretense of searching for work, so this sometime do not included in the
workforce. For instance, if carol quits any preteens of searching for work since she is
experiencing difficulty getting new line of work, presently workforce and then considered
jobless. The part normal pace of joblessness that happens on grounds that pursuit of employment
measure isn't quick; for instance, after Rosita moved on from dental school, it required her half
month work as a dental specialist. Joblessness that happens because of a primary change in the
economy, like the improvement of another innovation or industry; this piece regular pace of
joblessness. The redundancy related with the downturns and developments; this can have a
positive or negative worth. The current joblessness rate will rely winning both normal pace of
unemployment and gauge of recurrent joblessness at that point.
Hashimd (2021) view that, The unemployment rate estimated with authority normal
censured for downplaying degree of joblessness working at all or individuals who aren't

searching for work. Specifically, the authority redundancy rate leaves out debilitate
underemployed. Individuals who have quit any searching for work since they are persuaded
secure positions are viewed as incapacitate labourers. The regular pace of joblessness rate that
exists when the economy creates full-work genuine yield. At the point when an economy is
creating an effective measure the unemployment rate will be equivalent regular pace of
joblessness. Despite the fact that an economy might be working effectively, there will some
unemployment. Thus, the regular pace of joblessness is never equivalent to nothing. Any
shortage between these projections and real workforce interest rate is then decent proportion of
the repeating sway on the workforce investment rate, change that direct effect of the frail work
market Great depression and its consequence.
Figure 2 Missing Workers are found across the board
Contrast with Enih and Seraj (2021), as per having the decreasing with unemployment
rate this could also essential for taking their high measure steps and that might be not so possible.
This could also led them for keeping with having the high skilled and educated with having the
high resources and make sure for having their more major concepts and that could keep them for
working with many things. This might be also important for taking the knowledge about the
technology which help them for knowing about many things and keeping their high goals and
objective. In such kind of activities this might be also important for knowing about their effective
places and keeping their more working policies and keeping them for working with many things
and highly goals to be completed. As reduced in the urban working population ratio is decreasing
and that could not better concepts for the economy and make sure for having theri progress by
the government. In rural mainly having the high populat6ion of working and they are 75% of
them are working in organization.
As per Notowidigdo and et.al., (2020) said that, In rural regions, the majority shift was
from farming to non-farming exercises, exchange and administrations. Somewhat, it little and

minor landholders and landless not finding dynamic work in agribusiness and taking up
whatsoever work they find in the non-rural exercises, regardless of profit from them. However,
there proof to advocate that numerous were choose non-ranch work since of more normal
business and better profit. This was conceivable part of the way by virtue of different state
support work programs and part account increment interest for work extend development,
exchange and administration exercises in country regions. In any case, that has occurred due to
moving of standard specialist from enormous undertaking in the metropolitan regions
demonstrate such a disintegration. The majority of the standard salaried/wage employment
opportunities for which the Urban regions where the extent of ordinary pay/salaried workers
impressively higher. The equivalent is probably not going to proceed taught youth are relied
upon workforce in expanding numbers during the Twelfth Plan and years past. In this way lays
more noteworthy weight ability building which can be seen as an instrument for working
viability and commitment generally creation. This will push the creation plausibility boondocks
outward and take economy higher development direction and can likewise be seen method for
strengthening.
Other sources of data
The data being collected from the online sources that could help the scholar for knowing about
data for unemployment. While the online sources this could views about various authors, ideas
and thought which come to know about how basically they are working. The given graph als
states about the data how the missing worker that have been found each and every year.
Types of data analysis
The collection of information or gathering by using various articles, such as newspaper,
magazines, online sources. While this could help scholar for knowing about the accurate for the
unemployment over all. Along with this also make sure about the employee should make their
skills and knowledge for making their future option better. This have been also seems that
majority of unemployment rate that could decreases in increases in which area. Further, with
respect to the current study, use of the secondary sources of the data set has been made as it
seemed to be more cost and time efficient to collect and analysis.

Justification about the problem
The main errand confront policymakers guarantee that total interest at the public level is
sufficiently high for helping about the most extreme maintainable degrees of work. This total
interest board responsibility of macroeconomic strategy explicitly, financial and conversion scale
strategies. However, total interest is too low, while on other side no other occupation creation
method work at scale until setback fixed (Burda, Genadek and Hamermesh, 2020). To guarantee
most extreme public degree total interest is spread generally across areas and networks, while
this can utilize the essential arrangement of public speculations like framework and early
youngster care and training. These ventures are critically essential attempt despite of whether
they bring about new positions by any means. Yet, their organization can be focused some extent
dependent on their potential for making occupations in networks that need them. In the language
of macroeconomists, this implies inclining more vigorously on designated financial strategy and
less on untargeted money related agreement with broadly appropriate degrees of total interest.
In education system only the students should know about those things which might be
important for them in organization. While having such things this might be also important for
knowing about those effective places and make sure for having their high goals and objective for
those things the organization need to keep their high rate. While such thing also come to know
about their places and keeping more estimation about them for knowing how they are usually
dealing with and how the inflation are being increasing. While if there will be less
unemployment rate than the economy of the countries will less. For that the organization need to
provide the employee with having their training and development program in which they can
usually know about their system (O'Leary and Wandner, 2020). While having such kind of
system this could useful for their companies and make sure for having their high estimation
about those resources for which the value of their firm can be increased. As the organization
should also understand about their employee and keep them working with more strategy in which
they can easily manage their work. In such kind of activities this could also help them for
knowing about those kind of activities which could be effectively working with many terms and
conditions.

Analysis of the data chosen
The current study is based on the issue of unemployment that is continuously rising within
the UK especially after the situation of Covid-19 and Brexit. This rising issue of unemployment
has been also supported and reflected by the below stated chart:
Figure 3: Rising unemployment in UK during the pandemic, 2021.
As per the above shown pie chart and data set, it has been analysed and reviewed that the
number of people looking for work rose 121,000 from the third quarter, taking the jobless rate to
5.1%, the most since early 2016, the Office for National Statistics said Tuesday. The number of
people in work fell by 114,000 (Acs, and Karpman, 2020). Further, it has been also analysed and
reviewed that the unemployment has been held down by tens of billions of pounds of wage
subsidies, which were still supporting almost 4 million jobs at the end of last year following the
deepest economic slump in three centuries. Adding time to the furlough program beyond April
30, 2021 could mean that Britain avoids many of the job losses currently predicted by
economists (Notowidigdo and et.al., 2020).
Thus, based on the analysis of above data set, it been analysed and reviewed that some
quick action and strategy formulation are quickly needed by the government of the UK to
overcome and mitigate this issue of rising unemployment. Having change within the production
technique of the industries is required as it needs to be the suits the current means and job

demand thus essential that labour intensive technology should be encouraged in place of capital
intensive technology. Further, more assistance and support to self-employees can be provided as
it supports creation of more jobs and employment opportunity. Beside this, the main objective of
county’s employment policy need to be focus on the increase employment opportunities and
productivity of labour thus government of UK should adopt a policy that provides employment
to all people to effectively mitigate and overcome this issue of rising unemployment.
CONCLUSION
It can be concluded that unemployment is a problem as it affects the economy of the
nation and gives rise to poverty. Unemployment can lead to decrease in the productivity and
production process. It also results in rise of many health as well as personal related issues for an
unemployed individual. This problem can be seen rising from various types of data along with
finding a proper solution for the same. Secondary data analysis is chosen as it is very consistent
with the objects and the process of collecting the data.

REFERENCES
Books and journals
Acs, G. and Karpman, M., 2020. Employment, income, and unemployment insurance during the
Covid-19 Pandemic. Urban Institute. pp.1-11.
Almula-Dhanoon, M.D., 2021. Determinants of Youth Unemployment in Arab Countries. Tikrit
Journal of Administration and Economics Sciences. 17(54 part 3).
Burda, M.C., Genadek, K.R. and Hamermesh, D.S., 2020. Unemployment and effort at
work. Economica. 87(347). pp.662-681.
Enih, C.F. and Seraj, M., 2021. A Study on the Effects of Inflation and Unemployment on
Economic Growth, Case Study of Turkey. Global Journal of Scientific and Research
Publications (GJSRP). 1(8). pp.10-15.
Farrell, D. and et.al., 2020. Consumption effects of unemployment insurance during the covid-19
pandemic. Available at SSRN 3654274.
Hashimd, E., 2021. The Dynamic Relationship between Unemployment, Inflation, Interest Rate
and Economic Growth.
Hermann, R.R., Amaral, M. and Bossle, M.B., 2021. Teaching framework for integrating
problem-based learning in international internships in business education. Available at
SSRN 3899221.
Notowidigdo, M. and et.al., 2020. Temporary Unemployment and Labor Market Dynamics
During the COVID-19 Recession.
O'Leary, C.J. and Wandner, S.A., 2020. An illustrated case for unemployment insurance
reform. Available at SSRN 3525097.
Parshakov, P. and et.al., 2020. Does video games’ popularity affect unemployment rate?
Evidence from macro-level analysis. Journal of Economic Studies.
Singhania, R. and Kundu, S., 2020. Forecasting the United States Unemployment Rate by Using
Recurrent Neural Networks with Google Trends Data. International Journal of Trade,
Economics and Finance. 11(6).
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