Unemployment

Question 1

Unemployment=

Answer 1

When people who are willing and able to work are not able to find employment

Question 2

Why does the Government want low levels of unemployment?

Answer 2

1. It is a waste of Human Resources. If they were working they could be providing goods and services
2. It is bad for society
3. A low level of employment can lead to more tax revenue for the Government including welfare payments
4. Unemployment is bad for the individual