The US economy went into recession in March 2001 and in response‚ the government introduced a tax rebate programme which amounted to cheques of $300 or $600 being sent to about 2/3 of US households. The aim was to mitigate the recession. What would consumption theories discussed predict to be the outcome? A recession is a prolonged period of time when a nation’s economy is slowing down‚ or contracting. Such a slow-down is characterized by a number of different trends‚ including: * People buying
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Analyse the causes of Unemployment in the UK Introduction Unemployment means being out of a job and being out of work for many reason‚ which could include various reasons such as educational factors‚ willingness to work‚ inflation‚ recession and many other reasons associated with a person or the employer. It is made up of those who want work and excludes those who are retired‚ disabled and those who can work but are not seeking a position or job. Tong says (2012) ‘government collects labor statistics
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Increasing global women unemployment threat to economy. The International Labour organization shows the gap between the males and females in global labour market was in control in the early 1990’s but it gradually increased significantly after the global economic crisis in 2007.Huge women unemployment is seen in most of the developing countries. In developing countries women involves in trade related sectors. Women contribute to the economy in large scale. Most of the domestic‚ cottage or small
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The problem of unemployment has all along been existed in Pakistan since its inception. It has occupied a centre in the country therefore‚ Pakistan’s new generations suffers from this problem a lot. Causes behind the unemployment of youth. 1-there are no vacancies for youth in the market‚ it is already saturated. 2- Population explosion. 3-Education system is backward so that youth are not fully prepared to come to the market demands. 4-Fiscal deficit in budget has detracted the ratio of the
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Impact of the Recession on the Sports Industry Sports all over the world have become a big business. But with this rising recession‚ the general environment has had some negative effects on these industries. Its mostly the professional sports that this has been having a huge affect on. The national football league is seriously debating having a lockout due to financial hardship‚ and other sports businesses and leagues are also taking a hit. Apparel stores all over the world are
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The only way to cut crime in our country is to make punishment server Year after year the world has change. Those changes have had the good and the bad impact in society. One of the bad impact is crime and violence. According to statistics in Albania in recent years crime has increased. Our country is the first in Balkans with the highest percentage of murders. There is an increase in burglaries‚ robberies‚ violence. The statistics show the murders level plot 4 to 100 residents.
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Some Consequences of Unemployment We often hear about the main causes for unemployment. When consumers buy fewer goods‚ shops and factories may have to reduce the number of workers or close entirely. As the government collects less sales tax‚ civil employees may likewise lose their jobs. Changes in technology may also bring about a rise in unemployment as workers are no longer needed in certain sectors. Natural disasters such as tornadoes and floods may cause so much damage that normal employment
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Yuvraj Suri- Employment How has Unemployment been linked with poverty in past few years? Unemployment lies at the core of poverty. For the poor‚ labor is often the only asset they can use to improve their well-being. Hence the creation of productive employment opportunities is essential for reducing poverty and it is crucial to provide decent jobs that secure income for the poor. As the rate of unemployment increases the poverty would also increase as the people’s wants would increase. GLOBAL
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Unemployment in Saudi Arabia Abstract: We can state that the main goal of any development plan in any place in the world is securing jobs for citizens. In the kingdom‚ we are living through unprecedented growth. We have seven million foreigners and we rank second after the U.S. in remittances. Yet‚ 10 percent of Saudis are vying for getting the 2‚000 riyals offered by the Hafez program for job-seeking citizens. In this research‚ we are going to discuss
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employers to post job openings that bar unemployed applicants‚ and by making unemployment a protected classification. As these proposed laws will impact businesses and how they operate‚ it is crucial for businesses‚ human resource professionals‚ and labor and employment counsel to understand the changing laws and the implications on employers with operations in each affected state. Once a better understanding of the anti-unemployment discrimination issue is gained‚ employers will be better prepared to
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