Unemployment refers to individuals that are employable and seeking to work but have not been able to get jobs.
In the economy it is found that the unemployment rate of teenagers is much higher than that of adults. Youths are 3 times more likely to be unemployed compared to adults. The global your unemployment rate is 13% compared to that of adults which is 4.3%.
This high rate of unemployment iamong youths can be attributed to the following factors: inadequate qualifications, lack of graduate jobs, cyclical unemployment, geographic unemployment, and in case of underground economy.
C) to determine the amount and/or percentage increase or decrease that has taken place.
Explanation:
Horizontal analysis can be regarded as an approach which is been used in analyzing financial statements through making comparism between specific financial information for a particular accounting period along with the information from other periods. This approach is been used by Analysts to make analysis of historical trends.
It should be noted that Horizontal analysis evaluates a series of financial statement data over a period of time to determine the amount and/or percentage increase or decrease that has taken place.