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Unemployment

Many Theories are loving by divergent unhesitating to expound the infers aback unemployment. One infer of unencroachment may be downswings (periods of recession) in the profession cycle.

Another infer aback wide-scale unencroachment refers to structural unemployment. Structural unencroachment arises from longer-term changes in the management, forcible peculiar industries, regions and occupations. Structural unencroachment repeatedly expounds regional unemployment. Some industries in India possess lost their profession and so encroachment to the cheaper imports hence from abroad.

Some unhesitatings expound that new technology is a action of unencroachment which is to-boot unconcealed as technological unemployment. The topic is that the importation of new technology is destroying jobs and profession occasionliness at the identical occasion imports from low-wage developing countries are undercutting issue done in this empire.

However, multifarious studies may deny this to-boot. New technologies generally acceleration in submissive new products, or services and consequently new areas of encroachment. Sometimes lesser workers may be required in some areas of product where peculiar tasks are captured balance by machines, but elevation productivity boosts balanceall proceeds and then the claim for new jobs in the management as a unimpaired.

Q1: What are the deep actions of Unemployment? Do you acquiesce that technological up-gradation in any activity may action unencroachment in that activity? Provide your impression delay one illustration. (2.5 Marks) 

Q2: Structural unencroachment in multifarious countries has touchedits foremost peak during corona pandemic, but it seems that most of the industries in KSA are not that affected. Discuss the role of the Saudi Government in reducing the impression of Corona pandemic on encroachment in Saudi Arabia. (2.5 Marks)

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