Sentences with phrase «widespread unemployment»

The phrase "widespread unemployment" refers to a situation where a large number of people within a given area or society are unable to find employment or jobs. Full definition
That's why you're increasingly hearing them talking up the concept of universal basic income, a social welfare program that would ensure widespread unemployment doesn't bring about equally widespread poverty and social unrest.
There are also legitimate concerns that Puerto Ricans, who already pay some of the highest electricity rates in the US and are now facing widespread unemployment because of the storm, won't be able to afford to pay them.
Famine, an AIDS epidemic, foreign debt and widespread unemployment plagued the country.
The dissolution of the Soviet Union in 1991 caused great economic and social problems, including widespread unemployment and poverty.
Basic Income is often held up as the method to deal with widespread unemployment as a result of mass automation.
And such a crash could be triggered by a number of events — a recession that causes widespread unemployment, rising interest rates and even global shocks like failures in China's opaque shadow banking system.
Demographic pressures, as a result of migration to urban areas, result in widespread unemployment, overcrowding and the spread of infectious diseases.
But in every one of these transitions there's been hew and cry about how jobs are going to be lost, there will be widespread unemployment, this scorched earth of despair, and it's never come true.
Hardly surprising given the blood letting of the First World War and the revolutions from left and right followed by the economic recession and widespread unemployment.
We all know in Ghana that widespread unemployment is the greatest threat to our future stability and social coherence.
The end result was widespread unemployment.
In response to past economic crises such as the Great Depression, Americans demanded government policy solutions to widespread unemployment and rising income insecurity.
Considering the rising cost of university tuition and the widespread unemployment that makes it hard for young scholars to find well - paying work to fund it, Wade says his site has seen the number members who are university students grow from 30 per cent in 2006 to approximately 50 per cent last year.
This method avoided identifying cheap real estate in communities where prices were unlikely to increase due to a poor local economy or widespread unemployment.
Meanwhile, the bond market sees the economy remaining in a funk, with slow growth, widespread unemployment and low inflation.
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