Labor Statistics reported today. Employment rose in retail trade and health care but declined in information. The jobless rate had (risen/fallen/stayed unchanged) from (?) percent in the (previous month) to (?) percent in the (last month). Both the number of unemployed persons‚ at 11.3 million‚ and the unemployment rate‚ at 7.3 percent‚ changed little in August. The jobless rate is down from 8.1 percent a year ago. Among the major worker groups‚ the unemployment rates for adult men(7.1 percent)
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explain this apparent contradiction? A recent news came out dated June 6‚ 2013 by Reuters that Philippines’ jobless rate stood at 7.5% in April‚ the highest in three (3) years according to the National Statistics Office (NSO). Philippines is said to be the Southeast Asian country with the highest rate of unemployment even the fastest growing economy - a jobless growth indeed. Downsizing strategy is common nowadays in business sectors and firms. This is to improve the
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certain times. The article I am reporting on is “Jobless Rate Hits 5-Year Low” (New York Times). This article raises the point that the labor market for America is continuing to improve with job growth advancing in recent months and the unemployment rate falling last month to the lowest level in years (The unemployment figures indicate how many are not working for pay but seeking employment for pay. It is only indirectly connected with the
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immediate and devastating impact of job loss on the family is normally income. Although television shows that profile people with significant savings to draw from when they become unemployed‚ most families have no emergency savings to use if they become jobless. This means that not only are luxuries out of the question for the family‚ but often even simple things like food become luxuries that the family simply cannot pay for it. As a result‚ many families turn to food storerooms or state assistance programs
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September of 2007. In Philippines‚ the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Philippines Unemployment Rate Philippines jobless rate increased to 7.5 percent in April from 7.1 percent reported in January and 6.9 percent in April of 2012. The unemployment rate was pushed up by job losses in the agricultural sector due to extreme weather conditions. | The employment rate reached
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Global Why is employment important? Employment is important if you want to have a normal life; three decent meals a day‚ a place to stay and other things such as clothes‚ shoes etc. This is most especially if a person has to provide for his or her family. In order to provide good quality education to your children‚ you need to be employed first so that you can have the means to pay for their education expense. Employment is important for a person’s well-being. Work often boosts a person’s morale
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Youth Unemployment Amar Chamas Charbel Makhlouf Pamela Atallah Mohamad Fattouh Nazih Chbeir PSPA 202 American University of Beirut Question 1- What is the problem? When we refer to youth adults we mean those individuals who are between 20 and 40 years. Youth Unemployment can be defined as individuals who are raging between 20 to 40 years‚ are not being working for a period of time‚ and are seeking to find job. “More than 200 million people are globally unemployed today‚ with the unemployment
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and observed‚ one of the greatest topics discussed by our high leaders and/or politicians – as well as people of the world – is unemployment. The word itself has the implication for the majority of the public from the world’s great population are jobless; whether part of our people are living with no career or currently in the search for a career to afford a living. There are variations of reasons to why this situation occurs to a number of citizens in this globe; furthermore‚ these reasons also offer
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Causes of Unemployment The current unemployment rate is 7.4 percent it has continuously rising‚ the unemployment rate has increased 0.1 percent over the past year. Unemployment is the level of joblessness among people actively looking for work in the economic system. This seems to be a constant problem in Canada. There are always people struggling for an occupation. Unemployment has many factors leading to this cause. A common cause of unemployment is many of the unemployed have gotten fired
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Merely based on gratuitous and problematic assumptions‚the author recommendate that it is a better choice for corporations to locate in Helios.To substanitate the recommendation‚the arthor cites the evidenct that Helios’s ybemployment rate was lower than the regional average.In addition‚the author provides evidence that Helios was trying to attract more companies that focus on research and development of innovative technologies to expand its economic base.This argument seems to be plausible at first
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