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People can become unemployed if the company they work for, no longer needs the specific service offered by the person. Also if the department a person works for closes.

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10y ago
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6mo ago

People may become unemployed due to various reasons such as company downsizing, technological advancements leading to job redundancy, economic recession, lack of skills matching available job opportunities, or personal reasons such as health issues or relocation.

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Q: Why do people get unemployed?
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How many people are unemployed in California?

California has the most people unemployed of all 50 states in the USA. There are approximately 4,023,428 people unemployed, which is a 10.8% unemployment rate. This was researched in July 2012 by using official government websites and the US census website.


How many people are unemployed in leicester?

As of August 2021, the Office for National Statistics reported that 10,000 people were unemployed in Leicester. The unemployment rate in Leicester was around 7.7% at that time.


What do you call people in the population who do not work and they are not unemployed?

People in the population who do not work but are not unemployed are typically referred to as "non-labor force participants." This category may include retirees, students, stay-at-home parents, individuals with disabilities, and others who are not actively seeking employment.


What would the unemployment rate be with 9 million people unemployed?

To calculate the unemployment rate, divide the number of unemployed individuals by the total labor force and multiply by 100. If 9 million people are unemployed and the total labor force is, for example, 150 million, the unemployment rate would be 6%.


How many people are unemployed and broke in the US?

As of October 2021, the U.S. unemployment rate is 4.6%, which translates to roughly 7.4 million people currently unemployed. It is challenging to determine how many of these individuals are also financially broke as financial status can vary significantly among the unemployed population.

Related questions

Can unemployed people get loans?

Yes! a person who is unemployed can get the Unemployed Loans. The Loans for unemployed people provides finance so that the unemployed person can manage the expenses till unemployed.


How many people are unemployed in the world today?

In the world, there were 205 million people unemployed in 2010. (bybusiness.net)


How many people in Pittsburgh PA are unemployed?

Roughly 93,700 people are unemployed within the city of Pittsburgh.


Who is the Catholic patron saint of the unemployed?

St. Cajetan is the patron saint of unemployed people.


What was the number of people unemployed in 2007?

In 2007 there were 7,078,000 unemployed people in the US. See Related Link below for details.


If the number of people classified as unemployed is 50000 and the number of people classified as employed is 250000 what is the unemployment rate?

You need to divide the unemployed by the TOTAL number of people (employed + unemployed). Then you can convert that number into a percentage.


What is that called when people do not have jobs?

unemployed


How many people are unemployed in Utah?

68,410 people


What has the author Linda Bailey written?

Linda Bailey has written: 'Characteristics of unemployed people in Wearside' 'Characteristics of unemployed people in Tyneside'


A word to describe people who dont have a job?

Unemployed.


How many people are unemployed in North Belfast?

In west Belfast 2 out of 3 people are unemployed so I assume the number would be the same


How many people are unemployed in Australia?

612,800 people or 5.4%