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A few other things affecting such unemployment would be high taxes, under consumption, low exports compared to imports and low government spending. This is currently a type of unemployment being seen in the United States today. It is most likely also spread out of the U.S. and into foreign countries...
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It is most likely also spread out of the U.S. and into foreign countries. How this is happening is, the current market crash at Wall Street is ruining a lot of investments people and businesses have made creating a fear in spending money on things they don’t need, such as cars and electronics, this brings down the demand for such products causing less income to business, which will in turn effect the ability to stay open and in the end creating job loss and an increase in unemployment...
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