WAYS TO REDUCE UNEMPLOYMENT AND ITS SOCIO-ECONOMIC IMPACT

Authors

  • Bazarova Gulnora Gulamovna Andijan State Technical Institute, Department of Economics, Candidate of Economics Associate Professor.

Keywords:

unemployment, labor market, employment policy, economic development, workforce, entrepreneurship.

Abstract

Unemployment is one of the most significant socio-economic problems affecting both developed and developing countries. A high unemployment rate leads to economic instability, poverty, social inequality, and reduced productivity in society. This article analyzes the causes of unemployment and examines effective strategies for reducing unemployment levels. The study highlights the importance of education, professional training, technological development, entrepreneurship support, and government policies aimed at labor market stabilization. The research is based on theoretical analysis and comparative evaluation of international practices. The findings indicate that integrated socio-economic policies and investment in human capital significantly contribute to lowering unemployment rates and ensuring sustainable economic growth.

References

Becker, G. (1993). Human Capital: A Theoretical and Empirical Analysis. University of Chicago Press.

Friedman, M. (1968). The Role of Monetary Policy. American Economic Review.

Keynes, J. M. (1936). The General Theory of Employment, Interest and Money. London.

International Labour Organization (2023). Global Employment Trends Report.

Stiglitz, J. (2015). The Great Divide: Unequal Societies and What We Can Do About Them.

World Bank (2022). World Development Report: Jobs and Economic Transformation.

OECD (2021). Employment Outlook.

Blanchard, O. (2017). Macroeconomics. Pearson Education.

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Published

2026-03-13

How to Cite

Bazarova Gulnora Gulamovna. (2026). WAYS TO REDUCE UNEMPLOYMENT AND ITS SOCIO-ECONOMIC IMPACT. Ethiopian International Journal of Multidisciplinary Research, 13(03), 407–409. Retrieved from https://eijmr.org/index.php/eijmr/article/view/5552