The Costs of Unemployment in Zimbabwe

Abstract

The term unemployment is defined by the International Labour Organization (2010) as the scenario where people are without jobs and have been actively looking for work within the past four weeks. Unemployment has been a bone of contention the world over but due to its high prevalence in Zimbabwe, its effects have been grossly perceived in the various age groups ranging from 18-60 as citizen’s fall far below the daily living wage in the country due to unemployment (ZimStat, 2012). The effects of unemployment are severely negative and this is further worsened by the high inflation rates in Zimbabwe thus leaving unemployed citizens living in squalor or abject poverty unable to afford food, cover school and hospital expenses making unemployed youths resort to crime such as theft and prostitution. The writing below will vividly portray the costs of unemployment in Zimbabwe from an individual, social and socio-political perspective

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