philippineembassy-usa.org/philippines-dc/embassy-dc/ph-us-bilateral-relations-dc/ Philippines - ECONOMY The Great Recession. (n.d.). State of Working America. Retrieved July 27‚ 2013‚ from http://stateofworkingamerica.org/great-recession/ The NBER ’s Business Cycle Dating Committee Yap‚ J.‚ Reyes‚ C.‚ Cuenca‚ J. (2009). Impact of the Global Financial and Economic Crisis on the Philippines. Retrieved July 28‚ 2013 from http://www.unicef.org/socialpolicy/files/Impact_of_the_Global_Finanical_and_Economic_Crisis_on_the_Philippines
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temporarily between jobs. For example‚ people who been fired or voluntarily quit and are looking for another job. 2. Cyclical unemployment This type of unemployment occurs when there is a lack of jobs that result because of a downswing in a business cycle or a short term cyclical fluctuations in the economy. When the economy fall into a recession‚ the aggregate demand for goods and services will decrease and some companies will close down or retrench some workers. Cyclical unemployment is more
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One of your businesses from P1 And the business in another country Provide graphs for all relevant parts Economic environment facing the business 1. Trends in the national economy (Recession‚ rising demand‚ supply issues) Explain all parts of the business cycle‚ Fear of excess borrowing by customers Rising interest rates Skills shortages Unemployment and employment 2. Trends in the global economy • Expansion of the EU • war and its threat • Fear of terrorists
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threats] o Internal scan of the environment Explain five environmental influences on effective HR planning? How have these environmental factors influence the way human resources are planned? Shorter economic cycle ▪ Shorter economic cycles [prosper‚ recession‚ prosper‚ recession with shorter intervals] are here to stay ▪ Example: SIA competition from budget airlines such as AirAsia forces it to start their own budget carrier service recently ▪ Example:
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UMEMPLOYMENT RATE ¹data from February 2014 Source: Statistics Indonesia The average unemployment rate in Indonesia based on the last 5 years (2009-2013) is 6.78%. The unemployment in Indonesia hit the highest in 2009 with 7.9%‚ and the lowest rate of unemployment was in 2012 with 6.1%. From the above graph‚ we can see that there is a decrease in unemployment rate from 2009 to 2012 falling from a rate of 7.9% in 2009 to 6.1% in 2012. This may be due to the fact the government in Indonesia‚ has
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are as follows: Increasing Population i.e. High population growth. Recessions. Inflation. Corruption. Disability to do the job. Nepotism. Demand of highly skilled labour. Attitude towards employers. Undulations in the business cycles or agricultural sector comprising of the factors such as low production‚ natural calamities such as drought‚ famine or any natural disaster. Unsatisfied incomes or salaries of the employees. Willingness to work: Young people are not ready
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theme of this text: Changes in the macro environment affect individual firms and industries through the microeconomic factors of demand‚ production‚ cost‚ and profitability. Drawing on current business publications‚ find some updated facts for each case that support this theme. Drawing on current business publications and the two cases in this chapter it is prevalent that several changes in the macro environment have had an effect on the profitability of individual firms and industries. The text
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Toyota Trims Production Further Kwame Jarvis Effective Business Communication Dr. DiSiena TABLE OF CONTENTS Executive Summary (Abstract)…………………………………………………………………...3 Introduction………………………………………………………………………………………4 A. Statement of the Problem B. Scope or Limitations C. Procedures Body of Report……………………………………………………………………………………5 A. Background……………………………………………………………………………….5 B. Determinations of Criteria………………………………………………………………...6 C. Discussions of Findings…………………………………………………………………
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that we should be able to understand the national income accounting system‚ and to know how to distinguish between monetary and the fiscal policies. Also‚ to understand the importance of macroeconomic policy and how it has influence in the business cycle when inflation as to demonstrate knowledge in terms of the monetary and bank systems as to identifying economic progress. Briefly after that the professor went over the course requirements‚ as to our participation in class‚ completion of our
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measures to insure an Expansion which will help the economy out of an Depression and in direction of a Peak. This process is clearly defined in the business cycle as seen in fig.1. In the case of the US‚ a recession leads into a Depression which has a lot of identifying characteristics; low income‚ low output‚ low demand low business confidence‚ low Investment‚ Deflation‚ Cyclical Unemployment‚ high Government spending and low import (export Balance at Payment surplus). The characteristic
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