4 reasons for unemployment in south africa and globally?
Question: 4 reasons for unemployment in south africa and globally?
Unemployment is a complex issue that can be caused by various factors. In South Africa, some of the reasons for unemployment include a lack of skills and education, a weak economy, high levels of inequality, and structural issues in the labor market. Globally, the causes of unemployment can vary depending on the country and region, but some common factors include technological advancements that lead to job displacement, globalization and outsourcing, economic recessions and downturns, and demographic changes such as aging populations. Additionally, government policies and regulations can also impact employment rates, such as minimum wage laws, tax policies, and trade agreements. Addressing unemployment requires a comprehensive approach that addresses the underlying causes and promotes job creation, skill development, and social welfare.
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