Our class effort at the unemplyment question

Unemployment has been a worldwide social problem over the last ten years.  It could have a huge negative effect on both country and the citizen.  This essay will discuss the main cause and effects for unemployment and will provide some evaluated solutions.

One cause of unemployment is that there are not enough jobs for people.  According to population growth and the older age of retirement, there is more competition to get a job.  For example one job opportunity has one hundred candidates.  So, one of the solutions is that the age of retirement should be reduced to the age of 50.  However if the age of retirement is reduced employees will lose 15 years of salary.  Also the government or companies will need to pay the pension earlier that the current retirement age.  This might mean they will lose money. In addition companies will lose their experienced workers so need to think ahead in order to stay in business.

Another factor which causes unemployment is that a significant part of the population are not qualified.  This is because the investment in education by some governments is not enough.  In this way some private organisations should offer specialised training in creating new opportunities in skilled jobs.  One drawback is that this is a long term investment, but can afford the guarantee that people will be able to work in these companies.  Furthermore it could be profitable because employees will be shaped according to the enterprise.  Thus this is an investment in the employees and the whole organisation.

A more recent reason for high unemployment is due to people being replaced by machines.  So the number of jobless people will be increased and reduced skilled hands.  Training and assigning specialists such as engineers, programmers to maintain and operate machines would help to decrease unemployment.  However training the  workforce might be a huge project.  Moreover the cost of training and maintenance might be less efficient that expected. So it is worthwhile considering the overall impact of new technology.