Determinants of Urban Unemployment: Factors Affecting Employment Status

Unemployment is a serious macroeconomic problem worldwide. It is not only the issue of developing countries but it is also a problem of developed nations. ILO (1998) forecasted the global unemployment to be higher in 2010. Higher unemployment causes many socio-economic crises and political unrest. As a result, unemployment situation in a region or nation should be given greater emphasis and appropriate policies should be designed timely.