CONSEQUENCES OF UNEMPLOYMENT İN WORLD ECONOMİES

Abstract

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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