Most of the Zambian population, the poor people in affluent society, are enmeshed in the net of poverty. The Zambian government seems to have failed in its contractual obligation to respect and sustain its social cont...Most of the Zambian population, the poor people in affluent society, are enmeshed in the net of poverty. The Zambian government seems to have failed in its contractual obligation to respect and sustain its social contract with the people. There is a seemingly total collapse of social security, increased unemployment rate and consequently decreased living conditions among the youth. This study sets out to investigate the correlation between unemployment and living conditions in Kaunda Square Stage II by analyzing the impact of unemployment and suggests strategic solutions to mitigate the levels of unemployment. The primary objective of this study is to investigate the impact on the living conditions caused by unemployment in Zambia specifically in Kaunda Square Stage II and adopt strategic solutions that will mitigate creation of jobs to improve the living conditions. The study underscores that unemployment is a universal phenomenon, not necessarily a peculiar characteristic of any segment of the society. Reducing poverty, preventing excessive inequality, and generating adequate employment are the three most important goals of a macroeconomic strategy that seeks to improve the living standards of the population. Inequality and employment are each a complex phenomenon and difficult to capture with a single measurement, particularly in a low-income economy undergoing change. It is in this context that the study intends to investigate the correlation between unemployment and living conditions in Kaunda Square Stage II and to provide strategic solutions that may improve living conditions in Kaunda Square Stage II. The study concludes that high unemployment in Kaunda Square Stage II increases poverty which subsequently affects living conditions. Therefore, when, unemployment rates increase the opportunities for earning income decreases which instigate individuals to be poor. The paper closes with reflections on how good strategic solutions can be used to underwrite more employment reduction strategies.展开更多
文摘Most of the Zambian population, the poor people in affluent society, are enmeshed in the net of poverty. The Zambian government seems to have failed in its contractual obligation to respect and sustain its social contract with the people. There is a seemingly total collapse of social security, increased unemployment rate and consequently decreased living conditions among the youth. This study sets out to investigate the correlation between unemployment and living conditions in Kaunda Square Stage II by analyzing the impact of unemployment and suggests strategic solutions to mitigate the levels of unemployment. The primary objective of this study is to investigate the impact on the living conditions caused by unemployment in Zambia specifically in Kaunda Square Stage II and adopt strategic solutions that will mitigate creation of jobs to improve the living conditions. The study underscores that unemployment is a universal phenomenon, not necessarily a peculiar characteristic of any segment of the society. Reducing poverty, preventing excessive inequality, and generating adequate employment are the three most important goals of a macroeconomic strategy that seeks to improve the living standards of the population. Inequality and employment are each a complex phenomenon and difficult to capture with a single measurement, particularly in a low-income economy undergoing change. It is in this context that the study intends to investigate the correlation between unemployment and living conditions in Kaunda Square Stage II and to provide strategic solutions that may improve living conditions in Kaunda Square Stage II. The study concludes that high unemployment in Kaunda Square Stage II increases poverty which subsequently affects living conditions. Therefore, when, unemployment rates increase the opportunities for earning income decreases which instigate individuals to be poor. The paper closes with reflections on how good strategic solutions can be used to underwrite more employment reduction strategies.
