Symbolic Interactionist theory
Explanation:
This anylysis strives to explain how people's social standing affects their everyday interactions, it examine stratification from a micro-level perspective.
The cause of unemployment in many countries is competition in the labor market. There are few employment opportunities. It leads to a situation where every available opportunity, there are more than one qualified individual. The effect is that it causes social and economic effects. The poverty index among the unemployed is high since some people do not have a source of income.
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