Social costs Essay Example | Topics and Well Written Essays - 250 words

Social costs - Essay Examplece, the long-term unemployed people in these countries become discouraged and difference the labor force market prematurely instead of continuing to search for the telephone circuits that have evaded them for a long while (Junankar, 2009). This is mainly likely for the older times who are unemployed because they take quite longer to get jobs.Most persons in these countries who have been unemployed suffer certain erosion in their acquired job skills since they havent been applying them. This is apparently a much bigger social problem for the individuals who have been out of employment for a long time. The erosion is make up worse for individuals with skills in specific fields which change more rapidly (Junankar, 2009). Much unemployment also involves a waste of time as well as the countrys productivity.The most noticeable difference in social costs of unemployment in the USA and Canada is in health care. Canadas healthcare performance is of high qualit y on most factors than in the USA. Additionally, healthcare attention is universal for all Canadians. In the United States, the complaint is that most people are uninsurable therefore, do not have access to most basic health care amenities which Canadians are entitled to. This creates a burden on the speck chamber services in the States which in turn increases healthcare costs significantly (Junankar,