...Erik Casimir Lindholm Professor: Will English 1 Essay #4 May 13 2012 Unemployment today The unemployment rate today is less than it has been before, but it is still more than a year ago. This is a problem that always is an issue, and wherever you go in the world, there are almost always some people without a job. Today’s unemployment rate is a problem not just for the people without a job, but for the government and the state’s economic status. But how does unemployment affect our economy? Because with a lot of jobs, there is a good quality of life, and the money in the society is divided into all families instead as it is today, when some have too much and others have nothing. With a job to earn money from, a parent can take care of its family by providing with food and shelter, and this is one of the basic ideas of survival today. ------------------------------------------------- Unemployment rates by age today in the United States of America* ------------------------------------------------- Teenagers – 24.9% Whites – 7.4% ------------------------------------------------- Adult Women – 7.5% Hispanics – 10.3% ------------------------------------------------- Adult Men – 7.4% Blacks - 13.05 ------------------------------------------------- *Statistics taken from The Bureau of labor statistics; http://bls.gov/news.release/empsit.nr0.htm There are many factors contributing to the difference between African Americans and Whites. Fewer black people...
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...| | 12/1/2013 | | An economy is the wealth and resources of a country or a region. Economy mainly refers to the consumption of goods and services in a specific country or region. The United States of America is known across the entire world as having the largest economy. The economy in the United States today is now where near what it was many years ago. The current economic situation has the country trying to regain its high economic status. The United States economy is really not good in its current state, but somewhat better than it was five years ago. Many people are not aware of the problem that we have in this country. I think that the biggest question in this country in reference to the economy is how we got to this place, with this economy. There is so much blame and finger pointing as to how the United States economy ended up this way. My opinion is that part of the problem in this country is that we depend on other countries to produce things for us that we could or should produce ourselves. The United States economy has changed and somewhat stayed the same as compared to five years ago. Points in this paper that will be discussed will be exports, imports, interest rates, inflation and unemployment. Exports are defined as goods or services produced in the United States and sold in another country. (O'sullivan) Imports are goods and services produced in a foreign country and purchased by residents of the home country. (O'sullivan) The United...
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...What I see as the Biggest Challenge Young Adults Face Today Zig Ziglar believes that “sometimes adversity is what you need to face in order to become successful” (Junttila, 2010) but will young people in this 21st century be able to succeed considering the myriad of challenges they face on a daily basis. The problems faced by young people today are more than usual. We’ve heard time and time again that the youth is the future? Is this really true, considering the weight of their problems? They are riddled with obstacles which serve to hamper their future. Three of the biggest challenges young adults face today in my opinion is unemployment, lack of role models and obesity. Persons between the ages of 16-24 face multitude of problems. One can only imagine. Let’s take a closer look at youth unemployment. Unemployment is defined as the situation where an individual is willing and able to work, but for some reason is unable to find work. A study carried out in the United States, stated that young people are nearly three times likely to be unemployed than the rest of the population, this is the largest gap in twenty years. The study also went on to say that the number of people aged 16-24 who are not in full time education or employment has increased a great deal. Over the last quarter it has increased by 8000 youths with 498 000 in that age group without a job (Invincibles, Seeberger & Adair, 2015). There is another study carried out in the Caribbean by the Caribbean Development...
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...end Poverty in America? Jake Hauser English 102 12/6/13 Today in the United States, more than 46 million Americans are living in poverty. The word poverty is defined as; the state of one who lacks a usual or socially acceptable amount of money or material possessions. In other words, poverty is essentially the state of being poor. In a broad perspective, there are two types of poverty. There is relative poverty which refers to people who live in poor accommodations, cannot afford certain necessities, and struggle to make ends meet. In most cases for theses people, there is welfare available to help them so it would be rare for them to go without somewhere to live or to go starving. The other kind of poverty is known as absolute poverty. This is the kind of poverty that you would see in third world countries. These people have no food, no water and no help and it usually leads to death. Believe it or not, poverty is a worldwide problem that is taking place in every nation on the globe. In fact, half of the people in the world today are living on less than $2.50 per day. Statistically, Haiti is the most poverty stricken country in the world, with 77% of it’s population living below the poverty line. It also has a 40% unemployment rate, and many poverty-stricken people live on less than $1 a day. The United States may not be the most poverty stricken country in the world, but that doesn’t mean that there still isn’t a big problem in our country. One out...
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...In the world today young adults face numerous of problems. We often think Young Adults are ready for the real world such as college, career, and the adult social scenes. Some Young Adults find it difficult to adjust to making a change in their life. To me, education, unemployment and crime are major challenges for them today in this world. Noticing that each challenge have some negative effect on each individual which causes them to occur in bad situations. Many Young Adults find they are over-loaded and over whelmed with great difficulty in making changes that they find her to do. They sometimes feel confused and even have a sense of loneliness which can cause health problems. Sometimes something that occurs in your life can cause Young Adults to become depressed, like a divorce which has a high rate, death, or break-up. In my opinion clearly, there is a need for a intervention to help these Young Adults who are on the wrong path in their life. DiscussionA challenge facing youth is unemployment. When looking back as far as decades ago, the youth of today have a very hard time finding a steady good job. During the time period we have notice that economy has had a downturn which affected jobs and several other companies. Studies show that across the globe, the economic crisis has had a dramatic impact on the challenges facing young people seeking jobs. Between 2008 and 2008, the youth unemployment rate has seen the largest annual increase on record, reversing the Pre-Crisis trend...
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... Comm/215 Rocquie O’ Rourke The Struggle for Teen Jobs 2 The Struggle for Teen Jobs If jobs are scare today, where can teens learn about managing money, job experience and what type of career they might be successful in and where they want to go in life. The percentage rate in Ohio is at 67%, California is 32.7%, and the lowest is in Nebraska at 9.7%. The adult unemployment is at a high of 7.3% and growing faster everyday with the economy. Teen unemployment can also hurt the family income, for the parents are unemployed and they cannot even find jobs. The teen unemployment figure is simple alarming, while the rest of the country is in an economic recession. The percentage of teen job loss in the past two years, is greater than all U>S> workers the first five years of the great depression of the 1930’s.The employment rate amomg teens is dismal with the rates of teen unemployment varing from stae to stae.. Your teen is competing with adults looking for jobs because their one family income cannot sustain the increase in food, gasoline, education and all the expenses thy have to cover to provide for their families. Most of us come to that retirement age and we think that we can retire but we find out...
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...from all over the world. After conducting a little research on Brazil, I would consider them to be a very forward and outside the box thinking country. Much of their exports are derived from services which ranks #1 at 66% of their total GDP. Most of these services include mail, banking, telecommunications, energy, commerce and computing. In 2011 Brazil boasted a positive trade balance of $20 billion, nothing to scoff at in today's economy. Agriculture has boosted some of Brazil's economy, although the total agriculture exportation is not very high at 6% of the total GDP, the expansion of their agricultural boom has negated the need for vast imports of most of their agricultural needs. This has showed a significant reduction in their total imports of food, from 22% in 1970 to a paltry 8% today. Brazil began blazing a trail of economic prosperity way back in 1985, when the country was delivered from a dictatorship governed by the military, to a democracy. The past 15 years Brazil has been consistently electing presidents into office that cared deeply about moving their country ahead and brand it as a serious contender in the world economy. The most current president, Dilma Vana Rousseff a female, made a landslide election with over 60% of the popular vote. She is a staunch supporter of a world economy, and is a powerful leader for Brazil. What I found to be interesting was the serious decline in unemployment over the last four years. In 2007 unemployment was at a relatively...
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...Business and Economics Graduate Program (MBA) ECO 500- Managerial Economics Unemployment in Lebanon Case Study 2015 Instructor’s name: Dr. Hamdar Student’s name: Ola Al Zein Date: 1/6/2015 Unemployment in Lebanon Case Study Table of Contents 1.0 Abstract 2.0 Introduction 2.1 Study area 2.2 Objective 2.3 Problem Statement 3.0 Review 4.0 Methodologies 4.1 Statistics 4.2 Data 4.3 Figures 4.4Small Case Study and analysis of the methodology part 5.0 Conclusion 6.0 Summary 7.0 Recommendations 8.0 References Abstract This case was conducted during May 2015. It is concerned with the unemployment dilemma in Lebanon that youth are especially facing. It studies the problem from different sides including the migration of the Syrian refugees to Lebanon, the instable political situation, the down economic situation and passes briefly through the stopped plans of exploring gas and oil in Lebanon. It takes into consideration the real situation of unemployment in Lebanon, its reasons and of course; recommendations for the betterment of this particular situation. Introduction: Study Area “ Global job crisis” is perhaps the best word to start with this case study, as the situation was seen by the International Labor Organization in their “World of Work Report 2014: Developing with Jobs”. We do have a job crisis now, in 2015...
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...Reshaping the World through Entrepreneurship, Education and Employment: - The world economic forum in Davos discussed how the reshaping of the world could be brought about through Entrepreneurship, Education and Employment. The speakers were Professor Klaus Schwab, President Park Gun-Hye, and President Ellen Johnson-Sirleaf. President Park addresses the issues of slow growth, high unemployment and income inequality. A new course has to be taken towards creative economy and entrepreneurship. This can be achieved through robust international co-ordination along with national responses of focus, discipline and values. The world has to deal with climate change and natural resource depletion. The existing macroeconomics labour policies need a paradigm shift. Growth should be sustainable and inclusive. The world needs a mechanism to break through the constraints to reshape it. The creative ideas of single person can transform the world. Creative economy is the mantra for the future. Today creative economy should tap the brilliance of the human brain, innovating the way ahead with science and information technology and create employment. A creative mind innovates ideas, which should be developed by entrepreneurs. The key is to encourage entrepreneurs. All barriers should be eliminated. A financial system should be developed to give support to the entrepreneurs, ensuring a loan free support, using investment capital method. The governments should encourage an ecosystem, which...
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...readers can understand how the end of work started declining in stages has we read through each section. With that, the analysis of the critique is focused on section 1, which focuses on the current technology revolution viewed from the standpoint of its effect on employment and global economy. Rifkin described that the world is entering a phase in history, which is characterized by the rate of unemployment in the world today. He said “ Unemployment is now at the highest level since the great depression of the 1930s” (Rifkin 2005: xv). He furthered mentioned how the growing numbers of underemployed or unemployed and new extrants into the workforce find themselves victims of technology development and new technologies are replacing labor force. Rifkin wrote, “Today, all three of the traditional sectors of the economy: agriculture, manufacturing, and service are experiencing technological displacement, forcing millions onto the unemployment rolls”(Rifkin 2005: xvii). I think that the book The End of Work is very informative, and it helps provide an understanding to the unemployment rate in the world today. Rifkin makes the most important point on how technology today is taking over the work force, there by causing the mass of unemployed worker displaced from the economy. This argument raise the question why is technology such a powerful force? I think that the reason why technology is such a powerful force to our economy is because a lot of technical advancement has improved and...
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...A note on Canadian unemployment since 1921 Dave Gower The recessions of the early 1980s and early 1990s resulted in high unemployment rates. Some people have compared these rates with those of the Great Depression of the 1930s. This note examines unemployment rate data for recent years and earlier in this century. Since 1945, Canadian unemployment data have been generated by the Labour Force Survey (LFS). Before that, however, no regular measure was taken. Using various methods, a variety of labour statistics have been estimated back to 1921. The calculation procedures used for the pre-war data differ considerably from those used for the more recent data. Therefore, the earlier numbers should be considered only an approximation of what would have resulted if the LFS had been conducted before the Second World War. It is encouraging to note, however, that these early unemployment rate data generally follow trends in other economic indicators. Any comparison of unemployment rates over such a long period of time must be tempered by the fact that the social impact of unemployment during the 1930s was undoubtedly different from today. The labour force participation of married women was much lower then; therefore, unemployment was more likely to deprive a family of its sole source of employment income. To make matters worse for such families, today's network of social programs was largely absent. The results The event often called the Great Depression actually consisted of...
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...What are Social Problems (a) Generally, a problem is a social condition that has negative consequences for individuals, our social world, or our physical world. If there were only positive consequences, there would be no problem. A social problem such as unemployment, alcoholism, or drug abuse may negatively impact a person’s life and health, along with the well-being of that person’s family and friends. Problems can threaten our social institutions, for example, the family (spousal abuse), education (the rising cost of college tuition), or the economy (unemployment and underemployment). Our physical and social worlds can be threatened by problems related to urbanization and the environment. It has to be noted that social problems need to seeing as interconnectedness of the problematic issues under study. Social problems should not be viewed as a separate issue to be solved independently from others. We need more than one theoretical approach in studying social problems. The study of social problems develops an appreciation for the complexity of social problems and why divergent perspectives are required in order to analyze so many different issues. You may not just look at Child defilement or unemployment as a single social problem because at some stage they tend to have linkages for a certain trait to continue escalating Second, a social problem has objective and subjective realities. A social condition does not have to be personally experienced by every individual...
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...Challenges Young Adults Face Today Being a young adult today has many difficult stages of life that can be quite challenging, even under the best circumstances. During puberty, young people are invaded by a series of new emotions and feelings. Daily pressures faced by teachers and peers. They are exposed to the heavy influence of television, film, music and the Internet. Hence, a United Nations report defines adolescence as "a period of transition that is often characterized by stress and anxiety." Today, young people looking for a quick solution to their problems, for example in drug addiction, prostitution, euthanasia, bullying, suicide, among others. In this case drugs affect our body, losing their logical thinking , and making the forget all those problems that have been disturbing them. Sometimes they just have influences that affect a person for lack of will and likewise assessed, fall into the same temptation of drugs, both legal and illegal like. There are people who have everything but if they lack love and security they seek this out, or just out of curiosity mind and then create a rollercoaster of a problem. Drug addiction is a touchy subject, because many people go so far as to sell everything they have and leave everything for a single dose of what make them happy, drugs. The only treatment to come out of this is the support from hi/hers family and most of all depending on thee person who is at the moment with this addiction has the willpower to go to rehab...
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...TERM PAPER UNEMPLOYMENT AND ITS SITUATION IN ASIA Submitted to: Sir Abdul Farooq Submitted by: Muzammil Shahid (10) Ifzal Ahmed (09) Hajra Fazal(29) Adeel Abid(08) (F005-BBA) Date: 11, December 2006 Contents 1. Introduction 3 1.1 Statement of problem 3 1.2 Objectives of Study 6 1.3 Methodology and source 7 1.4 Organization 7 2. Review of literature 8 3. Analysis of Data 23 3.1 Global Causes of Unemployment 23 ...
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...Developing Countries Many people confuse the term of developing nation and third world country. Some countries have a more developed economic system, but that does not mean it is a third world country. Other people try to use these terms as a ranking scheme for the states of developing countries according to the One World Nations page. The web page dictionary.com describes a third world country as “country is a country in which the predominant culture and society is made up of mostly minority groups and where poverty is abundant”. The only difference between a developing country and a third world country is the ability or the chance the country has to come up from the economic instability they are in. An example of a developing country is Mexico. Mexico has been struggling for a long time already to come up from that developing phase. Many people might think that Mexico is not one of the many developing countries, but it is. Mexico has the six characteristics that define a developing country the first one being low levels of living standards. During the mid-90s, there was a huge problem with the indigenous people that still live in Oaxaca Mexico. The Mexican government wanted to take their lands away to build manufacturing companies there. Most of the people that lived there were poor and their only way of creating income was by the form of agriculture which is the second characteristic of developing countries. They did not receive much help from the government for their schools...
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