Different societies view unemployment differently some view, Macroeconomics

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Different societies view unemployment differently some view

Problem

Different societies view unemployment differently. Some view it as a social ill and others as an economic problem. For instance the USA unemployment insurance (UI) is used by the government to provide a safety net to those that have lost their jobs due to no fault of theirs. In 250 words, discuss, compare and contrast the unemployment of the USA culture with that of Singapore. Cite your work.

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Macroeconomics: Different societies view unemployment differently some view

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