Contemporary Economic Analysis: Written Assignment The Impact of a Reduction in Sunday Penalty Rates for Casual Employees on the Price Mechanism The Australian Financial Review recently published an article titled “Sunday penalty rate to be cut to 50pc” (Dunckley 2014). In summary: A Fair Work Commission ruling has reduced the 75% penalty pay rates for casual employees in Australia who work on Sundays to 50%. Penalty rates
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Name: Mohamed Sadeq Mohideen Module: Contemporary Economic Policy Topic: What is the natural rate of unemployment and explain why unemployment rates are sometimes inaccurate. How can governments mitigate unemployment problems in the short run and long run? Unemployment is always the result‚ when the available workplaces cannot adapt to the job seekers. When the number of persons‚ who offer their working capacities‚ exceeds the number of available workplaces‚ this leads to a lack in
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Unemployment is present in every economy and measures how healthy an economy is. It is when workers who are able and willing to work don’t have jobs. It is quite impossible to reach zero unemployment no matter how high aggregate demand is because there is always ’natural unemployment’ that would occur in most businesses booms. A country measure’s unemployment by taking the unemployment rate‚ which is the number of unemployed‚ expressed as a percentage of the labor force. (Labor force-the total number
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International Campus KUALA LUMPUR | UHB 2422ADVANCED ENGLISH FOR ACADEMIC COMMUNICATION | Draft 1 (One) Title: High rate of unemployment among graduates in Malaysia; causes‚ problem and solution Submitted to : Mr. Shamshul Helmy Zambahari (Mr.Sham) English Lecturer UTMSPACE‚ KL International Campus UTM‚ Jalan Semarak 54100 Kuala Lumpur Prepared by: : 1. Wan Zaizul Adlan B. Wan Zulkifli (SX070956EEJ04) 2. Mohd Nazim B. Zakaria (SX080641EEJ04) 3. Fuad
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162 Microeconomics Title : Minimum wage will cause unemployment‚ inflation‚ say employers‚ economists Group: JBM1123u Group Members: Muhammad Asyraff bin Ab Hamid 2010357469 : Mohamad Lukman bin Abd. Manaf 2010114997 : Muhammad Faiz bin Mustafa 2010504183 Lecturer: Miss Diana binti Mazan Executive Summary Minimum wage policy will lead to surging unemployment‚ “black market” labour and inflationary pressure‚ employers
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Since the recession the United States economy faced in 2008 and 2009‚ the economy has been slowly recovering. Currently‚ the unemployment rate in the United States is 4.9%(“Unemployment Rate” ). The Federal Reserve predicts that by the end of 2017‚ the unemployment rate to decrease to 4.8 % (“Economic Outlook” ). Inflation is also decreasing and it is expected to continue to until 2017 ( “Economic Outlook”). As inflation decreases‚ the price level will fall and the purchasing power of consumers
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reducing unemployment and inflation. In your discussion make use of the diagrammatic representation of the macroeconomy developed in lectures in Term 2 | Unemployment and inflation are factors that have negative effects on the performance of the economy as a whole. Therefore‚ policies to achieve low and stable price inflation‚ a high and stable level of employment are big macroeconomics issues of our time. This essay focuses on discussing the role of government policy on reducing unemployment and
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alleviate the problem of youth unemployment in Kenya. However‚ these strategies and efforts have come under intense scrutiny in the recent years with the ever rising unemployment rates. This research set to critically examine the existing strategies and efforts to alleviate unemployment among the urban youth with the view to make recommendations on how best the strategies can be implemented. The research also aimed to suggest other viable strategies to help reduce the unemployment problem. The research was
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Kazi 1 Youth Unemployment in the Caribbean: Social and Economic Backgrounds : Kazi‚ Tamjidul Huda Kazi Table of Contents Acronyms Terms of Reference Introduction School-to-Work Transition Some Impediments to Labour Force Entry The Caribbean Context Defining Youth Youth Unemployment Rates Specific Social Problems in the Caribbean Youth Development Policies and Programs in the Caribbean Regional Programs International Development Organizations Global Policy Framework Effectiveness of Youth
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There has been a constant fall in unemployment amongst black people. Society and their stereotypes about black people have a lot to do with it. Discrimination is also a reason. Millions of African Americans live in communities that lack access to good jobs and good schools and suffer from high crime rates. African American adults are about twice as likely to be unemployed as whites‚ black students delay their white peers in educational completion and achievement‚ and African American communities
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