Current Studies On Employment And Unemployment

Employment and unemployment have been important issues in the literature of economics for years, and considered as important indicators for the real sector. Increasing employment and reducing unemployment allow to increase social welfare as well as economic welfare. In order to increase social and economic welfare by using various employment policy tools, interventions are made in the labor market from time to time. Such interventions are supported by a variety of sectors. According to World Bank data, the increase in world unemployment rates from 4.8% to 6.5% in the last 30 years (1991-2020) reveals how big this problem is and it can be a leading indicator of a possible crisis that may occur in the real sector.