Today's Topic

UNEMPLOYMENT
Group
Cielo Carillo
Kisha Mananghaya
Pauline Anacan
Elysse Lopez
Asia Napolitano
 DEFINITION

UNEMPLOYMENT
Derived from the latin “un” and “emplere”
State of economy
Types
Structural
Frictional
Cyclical
Big problem
 CAUSES (5)

UNEMPLOYMENT
Overpopulation
Poverty
Poor Education
Requirements
Advancement of technology
 CAUSE (1)

OVERPOPULATION
An imbalance between the number of job seekers and the
number of available jobs can result from overpopulation and
contribute to unemployment.
 CAUSE (2)

POVERTY
This factor frequently leaves people without the skills and
qualifications that employers require.
 CAUSE (3)

POOR EDUCAITON
Individuals with insufficient education often lack the
necessary skills and qualifications demanded by the job
market.
 CAUSE (4)

REQUIREMENTS
Rigorous hiring criteria could cause a mismatch between the
abilities that companies require and what job seekers really
possess.
 CAUSE (5)

ADVANCEMENT OF
TECHNOLOGY
As technology evolves, tasks that were once performed by
humans may become automated reducing the demand for
certain types of jobs.
 EFFECTS (5)

UNEMPLOYMENT
Money troubles or poverty
Trouble with Education
Losing skills and career opportunities
Impact on Mental Health
Increase in government load
 EFFECT (1)

MONEY TROUBLES
OR POVERTY
The struggle to meet the needs of unemployed people
increases the risk of falling into poverty, as there isn’t enough
money coming in to cover the essential costs of living.
 EFFECT (2)

TROUBLE WITH
EDUCATION
Families who are unemployed won’t be able to afford
education costs for their children.
 EFFECT (3)

LOSING SKILLS AND

CAREER OPPORTUNITIES
Both can affect each other and can lead to lower chances of
getting a stable job.
 EFFECT (4)

IMPACT ON
MENTAL HEALTH
Unemployment can lead to feelings of stress, the uncertainty
about the future, including how they will support themselves
and their families financially will be a source of worry.
 EFFECT (5)

INCREASE IN
GOVERNMENT LOAD
Unemployment can lead to various economic and social
challenges, and the government often needs to respond
through various policies and programs.
 IMPACT ON SOCIETY (5)

UNEMPLOYMENT
Income inequality
Tax revenue decline
Strain on productive resources
Source of exploitation
Increase of crime rates
 IMPACT ON SOCIETY (1)

INCOME
INEQUALITY
As more people tend to be unemployed due to possible causes
such as overpopulation, poverty, poor education,
requirements, and advancement of technology, the rich will
get richer, and the poor will get poorer.
 IMPACT ON SOCIETY (2)

TAX REVENUE
DECLINE
Government operations, such as public infrastructure and
services like roads and schools, or programs like Social
Security and Medicare, are financed by revenue from taxes.
 IMPACT ON SOCIETY (3)

STRAIN ON PRODUCTIVE
RESOURCES
Unemployment wastes productive resources because an idle
workforce means production and income are lower since the
whole labor force is not utilized.
 IMPACT ON SOCIETY (4)

SOURCE OF
EXPLOITATION
Due to the risk of losing their job, especially when
unemployment is rampant, workers are more likely to be
subjects of oppression and exploitation.
 IMPACT ON SOCIETY (5)

INCREASE OF CRIME
RATES
Continued unemployment and economic hardships will lead
to widespread discontentment, frustration, and resentment
against the system.
 RESOLUTION (3)

UNEMPLOYMENT
Investing in education and skill development
Change of hiring requirements
Promote economic development
 RESOLUTION (1)

INVESTING IN EDUCATION
AND SKILL DEVELOPMENT
Investing in education is not just the right move but is also an
intelligent decision. Education leads the path towards health,
empowerment, and employment.
 RESOLUTION (2)

CHANGE OF HIRING
REQUIREMENTS
Compared to other countries like America, the Philippines has
a lot of unnecessary requirements that are time-consuming
and pricey to get. Most companies here in the Philippines
require a lot of conditions, even if they are not necessary for
the job for which they are applying.
 RESOLUTION (3)

PROMOTE ECONOMIC
DEVELOPMENT
Economic Development is programs, policies or activities that
aim to improve the economic well-being and quality of life for
a community.
 Thank
You!
“There is nothing inevitable
about rising unemployment”
-Margaret Thatcher