Majority of the of the unemployed individuals were caused by the lack of educational background that hindered their employment opportunities. Another aspect of the increase in wages directly affected the unemployment rates due to cause and effect of the sheer fact that the cost of labor has now increased reducing the demand of the hirable workforce; this makes a competitive businesses hire less people if the revenue does not meet the desired amount based on the labor costs. ... This contributes again to poverty such as those who drop out of school whether voluntary or those victimized by unavo...

• Word Count: 1355
• Approx Pages: 5
• Grade Level: Graduate