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The Government Should Play An Active Essay

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Four years after the outbreak of the global financial crisis, the world economic growth has decelerated and unemployment is increasing again. According to a United Nations report, the world unemployment could hit record levels this year and continue rising until 2017. The International Labour Organization (ILO) forecasts that jobless numbers around the world will rise by 5.1 million in 2013 to 202 million people, topping 2009’s record of 198 million. "Unemployment remains as dire as it was during the crisis in 2009," (Ernst, 2013).

Unemployment has always been the top worrying issue of the government. Unemployment rate is the litmus paper of a country’s economy, security and its overall production force. When unemployment rate increases, consumption rate decreases. Since unemployed rate is high, the people spending power struggles, causing the economic wheel to stop rotating. At the same time, high unemployment rates indirectly induce a widespread of insecurity within the general population which very likely cause social unrest and increasing c...

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