Monday, May 6, 2019

See the attachments>> Essay Example | Topics and Well Written Essays - 500 words

Youth Unemployment as a Social Economic Challenge - Essay ExampleThis discussion highlights that the number of unemployed individuals increased to 4.5 zillion in March from 4.41 million in the previous month. A year earlier, 2013 the figure was 4.02 million. While tokenish wages rose 6.1 portion year-on-year to an average RUB 33205 (8.1 percent in February), real pay strike down 9.3 percent after dropping by 7.4 percent in the previous month. Real disposable income shrank 1.8 percent (-1.6 percent in February).As the discussion outlines a number of factors are responsible for increasing the built in bed of unemployment in Russia. The first designer is the shortage of raw materials such as the supply of coal, timber or oil fails, and the factories have to stand idle, waiting until the necessary fuel arrives. The shortage of this materials delayed factories to function. The second reason is financial difficulties where there are a rigid economy campaigns. Many factories have had large deficits. The court at which these factories operate is very high. This forced the directors to apply methods that will force them to economize. The third reason is nourishment shortage where every factory is forced to feed their employees thus forces the factory to employ workers that they can feed. The twenty-five percent reason is the increase in the use of machines replacing the use of manual labor forcing people to drop off their jobs. The unemployment factor has led to political issues where there is loss trust in the administration and the government. These factors may headliner to political instability, increase employment gaps as many individuals continue to be jobless after close school. In addition, the standard of living where the completion of jobs and the negotiation power of individuals also decrease and their living standards and salaries conquer thus affecting the overall economy of the country.

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