Registered unemployment and underemployment

A project of http://youthcm.com

Youth Career Management (YCM) reports that: For unemployment, we also have a distinction between registered unemployment and underemployment.

Registered unemployment rate

 The total numbers ofpeople without work (or work less than 12 hours per week) that a CWI is a Centre for Work and Income is registered as unemployed and available for a job of at least 12 hours per week.

Hidden unemployment: these are the people who are not registered as unemployed but want to do paid work.

It may include:

- Housewives who do pay work to do, but not registered with a CWI.

- Young people who after their training best to have a job, but by studying the probability of work to enlarge.

- Most people on disability benefits that certain activities might want to do.

You see, the registered unemployment rate does not completely reflect the real situation.

You can also become unemployed because you are such a good company to work but that company will suddenly merge with another business to their competition and enhance profits. Then suddenly a number of jobs are deleted, including you. And then there was therefore a very good job, but there is nothing to do. And it is difficult to establish a similar kind of finding employment at another company.

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