An Effective Way to Address the Problem of Unemployment (Research Proposal Sample)

Proposal Essay: An Effective Way to Address the Problem of Unemployment
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Proposal Essay: An Effective Way to Address the Problem of Unemployment
Introduction
Unemployment has increased sharply over the past three years, fueled by the effects of the Covid-19 pandemic. It presents a significant challenge around the globe since countries are not utilizing their labor potential. Furthermore, unemployment has ripple implications on the Gross Domestic Product (GDP) and the prevalence of poverty in a region. In the US, unemployment declined to 6.9% by November 2021, indicating that 8.4 US citizens are unemployed today (U.S. Bureau of Labor Statistics, n.d.). These figures show that unemployment prevalence is a critical challenge in the country. Furthermore, it affects the optimization of government functions since unemployment uses up a significant portion of the taxpayers ‘money. This report proposes three critical solutions to mitigate the unemployment problem. 
Need for this study
This research is crucial in developing actionable strategies to control unemployment. It is vital to understand that unemployment limits the amount of money circulating in an economy apart from limiting consumer purchasing power. It also indirectly affects educational outcomes and access to quality care which are critical elements in augmenting people’s quality of life. In addition, unemployment is associated with drug abuse and crime aspects, which negatively affect the economy. Therefore the study will play a crucial role in developing feasible solutions to a problem that affects countries significantly. The proposed solutions will provide the basis for tackling the unemployment problem by addressing its root cause. Additionally, it will contribute to the body of knowledge on the subject and therefore play a crucial role in increasing