Unemployment has significant economic, social, and political impacts. It leads to lower production levels as businesses lay off workers, decreasing national consumption as the unemployed have less purchasing power. Socially, unemployment can result in issues like theft, drug dealing, and moral decay. In Algeria specifically, unemployment poses one of the largest economic challenges, and while economic growth has increased, it remains insufficient to reduce unemployment rates. Algeria requires higher growth in labor-intensive sectors like manufacturing to confront unemployment through an effective strategy.
Unemployment has significant economic, social, and political impacts. It leads to lower production levels as businesses lay off workers, decreasing national consumption as the unemployed have less purchasing power. Socially, unemployment can result in issues like theft, drug dealing, and moral decay. In Algeria specifically, unemployment poses one of the largest economic challenges, and while economic growth has increased, it remains insufficient to reduce unemployment rates. Algeria requires higher growth in labor-intensive sectors like manufacturing to confront unemployment through an effective strategy.
Unemployment has significant economic, social, and political impacts. It leads to lower production levels as businesses lay off workers, decreasing national consumption as the unemployed have less purchasing power. Socially, unemployment can result in issues like theft, drug dealing, and moral decay. In Algeria specifically, unemployment poses one of the largest economic challenges, and while economic growth has increased, it remains insufficient to reduce unemployment rates. Algeria requires higher growth in labor-intensive sectors like manufacturing to confront unemployment through an effective strategy.
Unemployment has multiple economic, social and political effects
1- Economic effects - Low production: when the economic institutions. Which is highly dependent on workers. By laying off a number of workers, this leads to a decrease in the volume of production -Decreased consumption: Unemployment leads to a weakening of the purchasing power of the unemployed, and leads to weak consumption at the national level, with an increase in the danger of this phenomenon that reaches recession. 2- Social effects -+- Social ills: such as theft, drug dealing, and moral decay - A study of the unemployment situation in Algeria Unemployment constitutes the most important economic challenges facing the public authorities in Algeria. Confronting unemployment requires the application of an effective strategy based on understanding this phenomenon and how it interacts with the economy, especially one of the most important determinants of work and employment. Consequently, the high pace of economic growth has been accelerated in recent years. However, it remains insufficient to reduce unemployment rates. Algeria needs high growth rates in sectors with high labor intensity, such as the manufacturing industry