The Job Crises

What its mean ?

implication of this ?
Unemployment, according to the Organisation for Economic Co-
operation and Development (OECD), is when persons above a
specified age (usually above 15)[1] are not in paid employment or self-
employment and are currently available for work during the reference
period.
Unemployment is measured by the unemployment rate as the number
of persons who are unemployed as a percentage of the labour force
(the total number of people employed plus unemployed).

Implication of job crises or unemployment :

Being unemployed can lead to depression, low self-esteem, anxiety
and other mental health issues, especially if an individual truly wants a
job but can't find employment. Tension can occur, causing stress and
strain on the body. Economic Issues: During unemployment, there is
no income, which leads to poverty.
 Sources to blame
● New technologies and inventions
● the status of the economy which could be
influenced by a recession competition due
to globalization and international trade
● policies of the government regulation and
market