Vivek Rajput
Abstract- Unemployment is a complex and pervasive issue with far-reaching consequences for individuals, communities, and economies. This review synthesizes current research on the causes, effects, and policy responses to unemployment, focusing on its economic, health, and social impacts. The article highlights the role of unemployment in exacerbating economic inequalities, increasing public health risks, and deepening societal divisions. It also examines the relationship between unemployment and wage inequality, as well as the role of government interventions such as unemployment insurance (UI). Additionally, the review explores the implications of technological advancements on the labor market and the evolving nature of unemployment. The article concludes by discussing potential policy solutions aimed at reducing unemployment and its associated social costs, underscoring the importance of targeted, evidence-based interventions.
