INOU CONFERENCE 2012 Working for a Better Future Tackling the Unemployment Crisis On October 25th 20-2025

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Although a clear reason is a change in the number of job seekers, the unemployment rate may also be affected by a change in the size of the labor force. When workers become discouraged and stop looking for employment, they leave the labor force.
What Are the Main Causes of Unemployment? There are many reasons for unemployment. These include recessions, depressions, technological improvements, job outsourcing, and voluntarily leaving one job to find another.
1935 President Franklin Roosevelt enacted the Social Security Act of 1935 that created the unemployment program to relieve the economic hardship of workers who lost their jobs through no fault of their own.
Those who are unemployed report feelings of depression, anxiety, low self-esteem, demoralization,6,8 worry, and physical pain. Unemployed individuals tend to suffer more from stress-related illnesses such as high blood pressure,34,35,36,37 stroke, heart attack, heart disease, and arthritis.
Unemployment insurance payments (benefits) are intended to provide temporary financial assistance to unemployed workers who are unemployed through no fault of their own. Each state sets its own additional requirements for eligibility, benefit amounts, and length of time benefits can be paid.
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