Buy custom The Unemployment Rate
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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
17 / 4516 |
Essay's paper body
This extra labour supply are mostly from the influx of illegal
immigrants from China, imported labour ( 30,000 ), hiring of expatriates ( net
increase is 40,000 from 1992 to 1994 ) and the returnees from overseas. Thus,
the supply of labour is greater than the demand and gives pressure on employment...
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Thus,
the supply of labour is greater than the demand and gives pressure on employment.
From March to May of 1995, the total labour supply had risen 4.4% but the total
employment had just increased 3.6%, so this aggravated the unemployment rate.
However, this is just a superficial reason. The following reasons can explain
the reason of unemployment in a deeper way...
Essay fragment
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