Question

Describe in brief the adverse effects of unemployment.

Answer 1

Adverse effects of unemployment:

1. Wastage of human resources as idle manpower is unutilized.
2. Increased dependence on the working population, lowering overall quality of life and standard of living.
3. Reduction in the country’s production level, as the unemployed could contribute if gainfully employed.
4. Creation of social and political tensions within the country.
5. Increase in poverty due to lack of income among unemployed.
6. Increased economic burden on society because of more dependents on the employed population.