UNEMPLOYMENT IN THE TIME OF ECONOMICAL CRISES

Abstract

This article is a brief presentation of the periods of economical crises that occurred along history as well as a presentation of the effects that these crises had on the evolution of unemployment among the working population. The total effort the population, economy, and society in general can undertake subsequently to economical crises is immeasurable, and one can prefigure the adaptation of economic theories to the conditions and demands of the actual epoch to be a lasting and laborious process.

Keywords

• unemployment
• unemploiment rate
• economical crisis
• economic theory