Informative things

 What is Unemployment? Unemployment is a circumstance in which a person who is actively looking for job is unable to find work. Unemployment is seen as a significant indicator of the economy's health. The unemployment rate, which is calculated by dividing the number of jobless persons by the total number of people in the labour force, is the most used measure of unemployment. Many governments provide unemployment insurance to select unemployed people who meet certain criteria. Unemployment is a key economic indicator because it indicates workers' ability (or inability) to find gainful employment and contribute to the economy's productive output. People who quit the workforce for other reasons, such as retirement, higher education, or disability, are not included. With more unemployed employees, total economic production will be lower than it would be otherwise. During their unemployment, unemployed workers must maintain at least subsistence consumption. This indicates that ...

Poverty Poverty is the state of not having enough money or material possessions to live comfortably. Poverty is defined as a state of being unable to meet one's basic necessities. In this context, determining what constitutes basic necessities is necessary before identifying poor people. These can be defined as "those necessary for survival" or more broadly as "those reflecting the community's predominant standard of living." The first criterion would apply exclusively to individuals on the verge of famine or death from exposure; the second would apply to those whose nourishment, housing, and clothes, while adequate for survival, fall short of those of the general population. The difficulty of definition is exacerbated by the noneconomic connotations that the term poverty has acquired. Poor health, a lack of education or skills, an inability or unwillingness to work, high rates of disruptive or disorderly behaviour, and improvidence have all been linked to p...