The youth unemployment rate in Kenya decreased to 12.23 percent compared to the previous year. Nevertheless, the last two years recorded a significantly higher youth unemployment rate than the preceding years.The youth unemployment rate refers to the share of the workforce aged 15 to 24 that is ...
The high rate of political and socio-economic crimes in our society is a result of unemployment and poverty. The dwindling economy, characterized by high rate of corruption and mismanagement, depicts a gloomy picture of an unsteady and unstable economic system. The paper highlights the causes of ...
workers’ remittances, and the unemployment rate in Asian economies using rigorous econometric methodologies, such as two-stage least squares (2SLS) and generalized method of moments (GMM) methods. The
In a similar direction, Nwaka, Uma, and Gulcay (2015) evaluate the effect of trade policies on Nigeria’s unemployment. They used VECM for time series data from 1970 to 2010, the outcome suggests that while in the short-run, trade openness reduces unemployment in Nigeria; it tends to be...
When σ=1, which is the Cobb–Douglas case, this accounts for approximately 40% of the rise in the unemployment rate differential. Note that such predicted change in u 2−u 1 is simply equal to the rise in u 2, given that Northern unemployment is not affected by regional mismatch when...
Mental health and coping strategies during the COVID-19 pandemic: A qualitative study of unemployed and employed people in Nigeria. Anal Soc Issues Public Policy. 2021;21:941–59. 40. Waters L, Strauss G. Posttraumatic growth during unemployment: a quali- tative examination of distress and ...
2.1 Unemployment Rates, Immigration and Trade OpennessThe dependent variable is the yearly average harmonized unemployment rate (aspercentage of the civilian labor force) from the OECD (2011d) Key Short-TermEconomic Indicators, the same data as used in Felbermayr, Prat, and Schmerer(2011b). ...
employment equilibrium through response to urban-rural differences in appropriate wage and price adjustments expected earnings defined below with the are hard put to provide rational behav- urban employment rate acting as an equil- ioral explanations for these sizable and ibrating force on such ...
In Nigeria, high level of crime is attributed to high level of unemployment among the Nigerian youths (ages 18-40yrs).The crime takes the form of political thuggery, robbery/theft, violence crime, prostitution, drug abuse e.t.c. The paper examined the relationship between cri...
I. (2013). The impact of unemployment rate on productivity growth in Nigeria: An error correction modeling approach. International Journal of Economics and Management Sciences, 2(8), 01-13.Ditimi A. and Nwosu P. (2011). The impact of unemployment ...