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BTL Nhóm 6
BTL Nhóm 6
FACULTY OF ENGLISH
GROUP DISCUSSION
ENGLISH 2
Topic: UNEMPLOYMENT
Group: 6 Class: 232_ENTH1511_07
4 Lê Thanh Thu
PEER ASSESSMENT
Full name
Student’s ID
Vũ Thành Thắng
1 Unemployment solutions
3. Presented third main point (The third part is being presented by Le Thanh Thu)
Not only does unemployment affect the individual, but it also poses a problem to society
as a whole. The effects of unemployment are felt in many areas, including the economy,
social welfare, and security.
Firstly, reduced income for individuals and the economy. When workers are unemployed,
they lose their primary source of income for spending and saving. This decreases consumer
demand and investment, impacting the revenue and profits of businesses. Consequently, the
Gross Domestic Product (GDP) decreases, weakening the economic power of the nation.
Secondly, unemployment impedes economic efficiency as a portion of the labor force
remains unused in production. This reduction in productivity lowers the actual output
compared to potential output, hindering the economy's ability to achieve resource allocation
efficiency and production efficiency.
Moreover, unemployment can lead to a high inflation rate through two main channels.
That is when workers lose their jobs, they may have to dip into savings or receive
government assistance to maintain their livelihoods. This influx of money into circulation
can cause monetary inflation. And unemployment leads to reduced spending and
consumption of goods and services. This reduction in market demand can cause supply-
demand imbalances, resulting in demand-pull inflation.
Furthermore, the risk of homelessness and financial difficulties escalates for the
unemployed. They may struggle to pay rent or mortgage payments, leading to potential
eviction or foreclosure. The threat of homelessness can trigger a cascade of social and
mental health issues, complicating the reintegration process into society.
Then, unemployment exacerbates crime rates, posing significant security and safety
challenges for communities. Some unemployed individuals may resort to criminal activities
such as theft, robbery, or drug trafficking to generate income. This not only affects
individuals but also poses substantial security risks for communities. Criminal activities can
intensify tension and anxiety within communities, leaving people worried about their safety.
Besides, unemployment not only results in loss of income but can also lead to various
mental health issues. Feelings of anxiety, depression, and stress are common reactions to
unemployment. Lack of confidence and self-esteem can reduce the happiness and well-being
of the unemployed, especially when they struggle to find new employment or fail to
maintain their daily lives.
Finally, unemployment can significantly impact family and social relationships. Financial
pressure and concerns about the future can lead to conflicts and tension within families.
Social isolation is also common, as unemployed individuals may feel isolated and
unsupported by the community. This can lead to a reduction in social support and make
recovery from unemployment more challenging.
In conclusion, unemployment negatively impacts various aspects of society, including
economic stability, social welfare, and public safety. A classic example occurred during the
COVID-19 pandemic, when the jobless rate hit millions of people. This had a significant
impact on the nation's economy, people's lives, and communities, and its effects are still
being felt now. So, it emphasizes how crucial it is to put in place sensible employment laws
in order to lessen its negative impacts and promote a society that is safer and more
successful.
4. Presented fourth main point (The fourth part is being presented by Vu Thanh
Thang)
The increasing unemployment rate is becoming a pressing issue in society today, directly
affecting the livelihood of workers and the overall development of the country. To address
this issue, a coordinated and concerted effort from multiple parties is required, including the
government, businesses, and workers.
From the government’s perspective, there should be a focus on investing in education and
training to improve the quality of human resources. There needs to be innovation in training
programs, with an emphasis on practice and application, as well as strengthening the link
between training institutions and businesses. Tax incentives and credit should be provided to
create a favorable business environment for companies to grow, thereby creating new jobs
for workers. Support policies should be directed towards businesses with development
potential, creating sustainable employment and having a positive impact on society.
Additionally, the system of policies supporting the unemployed needs to be perfected.
Providing unemployment benefits, job search assistance, and vocational training for the
unemployed can help them reintegrate into the labor market.
On the part of businesses, a good working environment for employees should be created.
Ensuring reasonable wages, good benefits, and caring for the material and spiritual life of
workers to attract and retain talent is essential. Companies need to build a good corporate
culture, creating a professional and friendly working environment for employees.
As for the workers, they should participate in training courses and develop professional
skills to meet the demands of the labor market. Workers need to be proactive in learning,
enriching their knowledge and skills to enhance their capabilities and adapt to new work
environments. They should actively seek employment, not shy away from challenges, and be
ready to adapt to new work environments and job requirements. Workers should have a
progressive spirit, a desire to learn, and continuously improve themselves.
Addressing the issue of unemployment is a collective responsibility of society, requiring
the efforts of everyone. Only with coordinated collaboration and joint efforts from the
government, businesses, and workers can we effectively solve this pressing problem,
contributing to the overall development of society.
CONCLUSION
1. Reviewing all main points
We’ve just talked about Unemployment is not only an individual challenge but also a
profound social issue that affects Vietnam’s economic development and social stability. The
state’s efforts in addressing unemployment have yielded positive results, but there is still
much work to be done. To minimize unemployment, comprehensive coordination among
local authorities, businesses, and workers is essential. Additionally, policy innovation and
favorable conditions for creating more employment opportunities are crucial. Ultimately,
each individual must proactively enhance their skills and professional qualifications to
improve their competitiveness in a dynamic labor market.
2. Ending the presentation
We’ve finished our presentation. Do you have any questions about our topic?
All comments are welcome.