I. 🍃Introduction
- Definition of unemployment
- Importance of studying unemployment in economics

II. Causes of unemployment
- Cyclical unemployment
- Structural unemployment
- Frictional unemployment

III. Effects of unemployment on the economy
- Lower output and GDP
- Inefficient use of resources
- Lower exports
- Lower income and wages
- Lower total demand
- Lower tax revenue
- Increased government spending on unemployment benefits

IV. Effects of unemployment on individuals and society
- Rise in poverty
- Reduction in ability to buy basic necessities
- Fall in living standards
- Lower development
- Reduction in household spending on education and healthcare
- Unemployed workers losing skills and becoming out of date with new technology
- Unemployed workers experiencing depression and low self-worth
- Possibility of a rise in crime

V. Solutions to unemployment
- Fiscal policy
- Monetary policy
- Education and training programs
- Job creation programs
- International trade agreements

VI. 👉Conclusion
- Summary of the effects of unemployment on the economy and individuals
- Importance of implementing solutions to reduce unemployment.