Outcomes - Unemployment

Unemployment is a big problem for the economy. Not only is it a severe personal blow to those concerned, but it is also an economic waste. Not only are the unemployed not working, and therefore not contributing to the economy, but they will also be claiming benefits and costing the government money. The aim should be to keep unemployment as low as possible.

To help understand why unemployment occurs and how to avoid it there are a variety of resources:

• An explanation of unemployment and how it is measured
• Relevant theories about unemployment
• Worksheets to help understand what causes unemployment in the Virtual Economy