Causes and Consequences of Unemployment Unemployment results from insufficient effective demand for goods and services in an

Causes and Consequences of Unemployment
    Unemployment results from insufficient effective demand for goods and services in an economy. Some believe that structural problems and inefficiencies in the labor market cause unemployment. / Others believe that regulations like minimum wage laws / imposed on the labor market lead to unemployment. / The consequences of unemployment can be as serious as homelessness. / The other major consequence of unemployment / is anxiety in the minds of the unemployed people.