Unemployment – the Macroeconomic Imbalance

Abstract

Through the socio-economic generated implications, unemployment is a very complex social phenomenon. The economic reality showed there is no single solution for unemployment. There are no pure and perfect solutions, only integrated programs in the anti-crisis political system. The phenomenon itself cannot be eliminated, it can only be addressed. Through the socio-economic generated implications, the unemployment is a very complex social phenomenon, being related with poverty. Unemployment induces a drastic decrease of the living standards. As a macroeconomic complex imbalance, it impacts all the compartments of the national economy. The economic history of our century reveals that unemployment has become a mass nature. The financial difficulties of the companies, inlet by covid-19 global crises, caused a mass disorder of all the economic activity, impacting the labour market and a concern of the government to find ideal solutions to increase employment.