Who understands unemployment?
The issue of unemployment is wide and complex, and different people have different views on it.
Some important points of view:
Economic perspective: Economists view unemployment as a macroeconomic problem that can be caused by recessions, technological advances, and changes in labor market policies.
Social perspective: Sociologists focus on the social effects of unemployment, including poverty, crime and social isolation.
Political perspective: Politicians debate the government's role in combating unemployment, such as tax breaks, job training, and the social safety net.
Personal perspective: People who experience unemployment may experience financial uncertainty, depression, and low self-esteem.
Some notable people about unemployment:
• Keynes: The famous economist John Maynard Keynes believed that government intervention could help reduce unemployment.
• Milton Friedman: Policy analyst Milton Friedman believed that market economies would naturally move toward full employment.
• Adam Smith: Known as the father of economics, Adam Smith believed that the labor market is best regulated by free market principles.
• Martin Luther King Jr.: Civil rights activist Martin Luther King Jr. believed that racism and discrimination contributed to rising unemployment rates.
• Dolores Hueta: Labor activist Dolores Hueta believed that unemployment should be tackled through workers' rights and labor organizing.
In the context of Bangladesh:
• Bangladesh Bureau of Statistics: Bangladesh Bureau of Statistics (BBS) calculates the country's unemployment rate.
• Bangladesh Bank: Bangladesh Bank sets policies on economy and employment policy.
• Ministry of Labor and Employment: The Ministry of Labor and Employment implements policies and programs to reduce unemployment.
• Non-Governmental Organisations: Non-Governmental Organizations (NGOs) training, employment organisations
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