The economic consequences of unemployment.

Unemployment has a negative impact on the economy in general and on the standard of living of specific people in particular. An unemployed person has no earnings, which means that he does not have the money to buy goods and services, this leads to a drop in purchasing power and demand. Due to the falling demand, many goods remain unsold, and the manufacturer cannot cover his costs, pay workers’ wages, pay taxes, rent, etc. The result is an economic downturn.

One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.