It is an undeniable fact that the financial
crisis that we are currently facing has imposed
great challenges to the world economic
development. Its consequences have negatively
affected the economic and financial sectors of all
countries. It goes without saying that unemployment
and its severe rates is by far one of the
most problematic issues determined by this
economic crisis. Unemployment is deemed to be
a truly important statistic used by the
government to estimate the health of the
economy.
The focus of this research report is to
provide information about the consequences of
unemployment to world economies and to
present economic tools that deal with the
growing rate of unemployment by avoiding or
managing its economic and social consequences.
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