Literature review on unemployment.docx - Social and Political Sciences Literature Review The issues underlining underemployment rates in the world today

Literature review on unemployment.docx - Social and...

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Social and Political Sciences: Literature Review The issues underlining underemployment rates in the world today have become more than bearable. Currently, the unemployment rate has kept rising instead of reducing within the past 10 years regardless of the various strategies set by global regulations and individual countries. The latest research indicates that the rate increased from 22 percent in 2008 to 27.1 percent in 2018, a decade later. Moreover, the rate of long-term unemployment has also been reported on the rise and its effects have been felt largely and widely. There are always effects that come with both total unemployment and long-term unemployment. As such, there are high chances of the affected individuals to lack human satisfaction throughout their lifetime. Due to the latter, one's self-esteem is compromised; a factor that often increases the chances of suffering from depression. Therefore, the interest in writing this paper is ignited by the idea that total unemployment and long-term unemployment rates among different people across the globe have led to increased poverty rates; hence affecting individuals either directly or indirectly as their families and communities also fall victim at the end of the day. Employment effects do not come with just economic aspects but also psychological and sociological from a social science perspective. In the past, before the enhancement of economic knowledge, unemployment was only perceived from an economic effect point of view. However, the dawn of the introduction of new research economic technologies has ascertained that many unemployed workers and their families suffer from adequate stress. Further, through their theories, psychologists have come up with an assumption that deterioration of mental health is caused by unemployment; however, the research does not overshadow other causes. Regardless of the efforts in questions, the ability of the knowledge and right tool to measure the extent to which jobless victims and their families and those around them suffer. According to Goldsmith, Veum, & Darity Jr. (1996), many people are also jobless due to the labor force. This brings on board the question of the relationship between the labor force and the psychological torture it causes and its difference with the psychological influence of individuals that have never been employed completely.
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