The Labor Market - 1090 Words

Introduction The landscape of the labor market is a critical factor in the economic comparison of different countries. Countries with a friendly job market are economically stronger because such an economy is able to achieve high living standards for its citizens. This paper therefore endeavors to explore some of the trends in the labor market in the US, EU, Japan and China Unemployment Rates As per August 2016 the unemployment rate was reported to be at 4.9% percent by the Bureau of Labor Statistics and this is the first time the unemployment rate fell below 5% since 2008. However, despite the fall in unemployment rates it is worth considering that only a few of the adults are working. Only 62.7% of the adult Americans are working and this has been so since the late 1970s.n On the other hand, the unemployment rate in the EU was rated at 10.2% in April which is the lowest rate since 2011. In the EU, Greece is by far the country with the highest unemployment rate of 23.3% particularly due to its economic meltdown. On the other hand Malta and Germany have recorded the lowest unemployment rates in 2016 of about 4%. In Asia, the unemployment rate in China by June 2016 was rated to be 4.05%. In the first half of 2016, 7.17 million jobs were created in the majority of the Chinese urban cities therefore accounting for 71.7% of China’s yearly target of 10 million jobs. In Japan, the jobless rate rose to 3.1 % in August 2016 from 3.0% in July. The unemployment rate in JapanShow MoreRelatedThe Labor Market1304 Words   |  6 PagesLabor economics seeks to understand the functioning and dynamics of the markets for labour. Labor markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labor services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. There are three main groups of actors or participants in the labour market: individuals, firms (or employers), and the government. IndividualsRead MoreThe World Labor Market1291 Words   |  5 Pagesthe labor supply created the world market labor (Lecture, February 25, 2014). For example, this resulted in millions of people to come to America and involve themselves in working for our country. However, migrants tend to always get paid little amounts which does not really help them out the way that they need or hope for but they stick around anyways. In addition, increased migration primarily helps the government’s economic state. For instance, the United States has a large labor market. ThereRead MoreAnalysis Of The Labor Market1247 Words   |  5 Pages Labor Market Fiscal and Regulatory Issues in Health Services, HA6500 Nwogwugwu Enyioma National American University Labor Market- delete Introduction The healthcare sector has been one of the most prominent employers of labor in the United States (U.S), and it keeps growing. The recent changes in U.S demographics, quality of professionals, policies, technology and the systems of funding and reimbursements have affected and caused changes in the organization and utilization ofRead MoreThe Labor Market Of The Labour Market1403 Words   |  6 Pages â€Æ' The labour market is defined as the place where employment and employee interaction take place, otherwise known as ‘Job Sector’. In the labour market, employers and companies whether big or small always compete to hire the best skilled, highly motivated and hard-working of individuals to compete for the best job available. (Economic, 2015). A labour market in complex terms is defined as an economic function which supplies different level of demand and supply of labour (Webster, 2015). E.g. labourRead MoreLabor Market in Singapore2318 Words   |  10 PagesChina and India. With these different stages of development, Singapore’s labor market had adapted itself by transforming from a labor abundant and capital limited city into a labor deficient and capital rich country (Chia 2005). Singapore is now a popular export-manufacturing base, regional headquarter for foreign multinational company and a financial centre (Chia 2005). The industrial structure has also prog ressed from a labor intensive export manufacturing to a capital and technology intensive manufacturingRead MoreThe Labor Market Of China2456 Words   |  10 PagesIntroduction The labor market in china has its unique features: cheap labor and huge labor force. These features have attracted many foreign investments and a consequently, the state owned enterprises started to suffer from competition. All these changes forced China to reform is labor relation system. This report aims to analyze the strengths and weakness of labor relation system in china, especially in terms of the strengths and issues in labor market and training. 1 Outperformance of labor markets in chinaRead MoreRecruiting in Labor Markets10081 Words   |  41 PagesChapter 7—Recruiting in Labor Markets MULTIPLE CHOICE 1. The limitations the U.S. government places on available visas for high-skilled foreign workers a. protect U.S. high-skilled workers from the outsourcing of their jobs overseas. b.- make U.S. firms less competitive world-wide. c. have resulted in fewer terrorist threats in the U.S. d. have resulted in lower salaries for high-skilled U.S. workers. ANS: B PTS: 1 DIF: Moderate REF: p. 193 OBJ: 1 NAT: AACSB Reflective Thinking LOC: EnvironmentalRead MoreGentrification Of Gentrification And Labor Markets1397 Words   |  6 Pagesresidents and firms, a frequently overlooked subject is gentrification’s ability to displace labor from an economic standpoint. This review will primarily demonstrate that the limited research on gentrification and labor markets has concluded that a relationship between the two does seem to exist. In particular, the literature has shown that gentrification may negatively impact the manufacturing sector of the labor market, which has negative implications for urban economies. The review will also summarizeRead MoreEffects Of Beauty On The Labor Market Essay1204 Words   |  5 Pageslaboratory experiment was conducted to fully study the impact of â€Å"beauty premium†, the positive association and relationship between attractiveness and wages, on economic success in the labor market. The experiment was conducted by Tatyana Deryugina, a professor of finance and her companions. Although illegal, labor market discrimination has occurred based on physical appearances and Tatyana wanted to test this notion. Deriving from this experiment, they were able to conclude that the beauty premium doesRead MoreThe Can adian Labor Market Of Canada1274 Words   |  6 PagesCanadians. Even today the Canadian structures and systems are affected by this legacy distressing the lives of everyone and especially the racialized people in Canada. This paper is an attempt to understand ethnicity exhibited in the Canadian labor market. There is a long history of maintaining unfair policies and biased practices towards Canadians who are racially different on the basis of skin color and other apparent features. Sadly with time unfavorable policies and differential treatments targeted

Essay on Eco Criticism - 1998 Words

Research Paper Literature Volume : 3 | Issue : 1 | January 2013 | ISSN - 2249-555X Ecology in Relation to Ecocriticism – A Theoretical Approach Keywords Ecosystem, ecological concern, ecocriticism, theoretical analysis. V. Shoba Dr. P. Nagaraj PhD Research Scholar, Department of English and Foreign Assistant Professor, Department of English and Foreign Languages, Bharathiar University, Coimbatore, Tamil Nadu, India Languages, Bharathiar University, Coimbatore, Tamil Nadu, India ABSTRACT One has to learn from nature, failing, he had not lived at all is the opinion of Henry David Thoreau. Whatever human beings do to the ecosystem have the reflections back. If man does not harm nature, the nature keeps him safe. Ecological concerns†¦show more content†¦Glotfelty had urged literary critics in a 1989 Western Literature Association meeting to develop an ecological approach to literature, which would focus on the cultural dimension of humans’ relationship to the environment. At the same meeting, Glen Love delivered a speech titled â€Å"Revaluing Nature: Toward an Ecological Literary Criticism†, and Glotfelty and Fromm included that text in their volume. Cheryll Glotfelty, the Sanford distinguished Professor of the Humanities for 2000-2002, revived it as ‘the study of nature writing’. The call for â€Å"ecocriticism† was seconded at Western Literature Association by Glen Love, Professor of English at the University of Orgeon. Glen Love seconded it in his President’s speech, entitled â€Å"Revaluing Nature: Toward an Ecological Literary Criticism†. Since 1987, the term â€Å"ecocriticism† bloomed into usage. Thomas K. Dean considers Eco-criticism â€Å"a study of culture and cultural products (art works, writings, scientific theories, etc.)†¦in some way is connected with the human relationship to the natural world†. He extends his explanation of ecocriticism â€Å"a response to needs, problems, or crises, depending on one’s perception ofShow MoreRelatedEcologism1381 Words   |  6 Pagesproposes eco capitalism If a Mimimalists definition of Ecologism is to be adopted, extencive questioning results as to the independence of the ideology, since many conventional politics have been greatly influenced by green thought eg. the Green Party in the UK. Burke has also proposed Green Capatalism, where enphasis is placed on the market to deal with environmental concers whilst supervised by governments to discourage certain practices eg. high taxes imposed on leaded petrol in the UK. Eco SocialismRead MoreA Critical Note on New Historicism Essay2751 Words   |  12 PagesIntroduction: The records of literary criticism and theory are almost as old as literature itself. As known, literary criticism is a sort of mental exercise of evaluating, classifying, analyzing, interpreting, judging, and valuing the literary art. This indicates that criticism also includes creative skill to comprehend the literary artist’s work first, and then put forward one’s valid view. In this sense, it is reall y ‘meta-literature’. The world’s successful critics and theorists are only the renownedRead MoreAnalysis Of Tianjin Eco City Project1532 Words   |  7 PagesTianjin Eco-city, which started in 2008/2009 is an ambitious project brought about by cooperation between China and Singapore, aiming for a responds to challenges the urban development has caused. Its aim is to be an example for the future improvement of the metropolis creation and performance; Singapore Prime Minister Lee Hsien Loong and Chinese Premier Wen Jiabao made an statement for a â€Å"A thriving city which is socially harmonious, environmentally-friendly and resource-efficient – a model forRead MoreAn Ecological Translation of Shakespeare’s The Tempest Essay1517 Words   |  7 Pageshis â€Å"garments rather new dyed than stained with salt water†, but â€Å"Antonio and Sebastian cannot see them so. Gonzalo’s comment on the abundance of greenery in the island, ‘ how lush and lusty the grass looks! How green!† (2.1.51) Apart from Gonzalo’s eco-affability, it also shows how amidst Nature, man’s outlook/ perception broadens, refreshens, vitalizes and advances to a considerable magnitude towards spontaneity of Man-Nature bonding. It stands in sharp contrast to the monotony and stagnancy ofRead MoreEco-tourism Causes Damage to the Environment Instead of Conserving It1533 Words   |  7 PagesEco-tourism causes damage to the environment instead of conserving it. Eco-tourism is considered by most if not all as traveling to natural areas with responsibility in mind which the environment is conserved and the well being of the local people are taken care of as well as being sustainable on an ecological scale with a sole purpose of experiencing natural areas that builds environmental and cultural understanding, positive reception and upkeep (Brown 2011). However, tourism in natural areas cannotRead MoreThe Wellfleet Whale By Stan ley Kunitz Essay1743 Words   |  7 Pagestimes, a new genre of poetry has emerged and marked with mix feelings and the difficulty of recognition. Eco-poetry surface recently in the 1990’s. Since the 1990’s, eco-poetry continues to gain acknowledgment from the general poetry community as well as have many poems published under the eco-poetry genre. One poem that will be examined today holds many of the elements eco-poets found important in eco-poems. The poem, The Wellfleet Whale, by Stanley Kunitz, prompts issues on the natural world in generalRead MoreAnalysis Of The Book Red Bird 1830 Words   |  8 Pagesillustrates true Eco-Criticism. Oliver’s illustration of Eco-criticism relates to themes of love, sorrow, empowerment, and laughter, which makes one reflect a certain way. As a result of how Oliver captured her works, she makes one look at the world at a different perspective, and have a peerlessness for the world. Eco-criticism is the the genuine relationship that humans have with the environment. Eco-criticism is illustrated all through out in the poetry in Red Bird. Eco-Criticism relates to themesRead Morestuff the tigers Essay1050 Words   |  5 Pagesas questions, ‘And what we supposed to do exactly?’, Mr. Clarkson might have influenced your opinion on this issue by his presentation of the issues in a friendly tone, ‘So why should I care if my children never see a tiger?’, and humorous manner, ‘eco mentalists’. Probably he wants to manipulate us using his humor and the way of writing and I am surprised at your newspaper for allowing this to happen when it concerns a serious topic. He also uses exaggeration (‘... we are told the polar bear is nowRead MoreSustainability and Corporate Social Responsibility at IKEA928 Words   |  4 Pagesorganization is easily altered due to economic pressures, technological improvement and stakeholder needs and demands. Going green or being eco-friendly is one such demand. IKEA is among the top sustainability leaders in the Scandinavian region. The company is able to confidently respond to questions of responsibility raised by consumers, employees, and investors regarding eco-friendly products and services. They have answered the call for both without sacrificing quality or price. Environmental and sustainabilityRead MoreInnocent Smoothies1064 Words   |  5 Pagesplace itself on the side of the consumer as supporting green issues and responsible business practices and this has evidently proved to be in favour with the company’s brand image which has resulted to its success. On the other hand, it has faced criticism from cynics who argue that the company’s ethical position is a facade as they have sold a 20% stake to Coca-Cola which led to thousands of dissatisfied and betrayed customers who previously supported the company’s initial brand values. This has

Resource Based View of the Firm Free Essays

Design/methodology,’approach – The paper proposes a link between value theory and accountability using a Resource Value-Resource Risk perspective as an alternative to the Capital Asset Pricing Model. The link operates first from the labor process, where value is created but is imperfectly observable by intra-firm mechanisms of organizational control and outside governance arrangements without Incurring monitoring costs. Second, It operates through contractual arrangements which Impose fixed cost structures on activities with variable revenues. We will write a custom essay sample on Resource Based View of the Firm or any similar topic only for you Order Now Findings – The paper thereby explains how value originates in risky and difficult to monitor productive processes and is transmitted as rents to organizational and capital market constituents. It then reviews recent contributions to the RUB, arguing that the proposed new approach overcomes gaps inherent in the alternatives, and thus offers a more complete and integrated view of firm behavior. Originality/value – The RUB can become a coherent theory of firm behavior. If It adopts and can Integrate the labor theory of value. Associated measures of risk arising from the labor process and mechanisms of accountability. Keywords Resources, Risk management, Labor, Competitive advantage Paper type Research paper Value, profit and risk 1 . Introduction To what extent is strategy framed in accounting terms and what role do accounting numbers and techniques play in setting strategy? In both cases the answer is probably not enough, In view of the potential contribution on offer from accounting generally, and from critical accounting In particular. In recent years, the resource-based view (RUB) of the firm, has achieved widespread dissemination In academic literature and management practice (Acted et al. , 2006). It explains nominative advantage, or delivery of sustained above-normal returns (Apteral, 1993) or economic profit (Barney, 2001), in terms of firms’ bundles of resources (Amity and Shoemaker, 1993; Rumble, 1984), which are valuable, rare, inimitable and non- substitutable (FRI.) (Barney, 2001, emphasis added). A theory linking asset value and abnormal returns Is therefore The author would Like to thank participants at the European critical Accounting studies conference, multiversity AT York, 2 Institute of Chartered Accountants in Scotland, whose financial support helped develop the ideas in this paper. How to cite Resource Based View of the Firm, Papers

Business Ethics free essay sample

A discussion of theories of business ethics in todays highly competitive market. (more) Business Ethics free essay sample In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context: * Every promise and every set of promises, forming the consideration for each other, is an agreement. Section 26(b) from Contract Act 1950 An agreement made without consideration is void, unless- * Is a promise to compensate for something done. It is a promise to compensate, wholly or in part, a person who has already voluntarily done something for the promisor, or something which the promisor was legally compellable to do. Case law First case University Malaya v Lee Ming Chong (FC) 1986 Facts: Lee was given a scholarship to study in Canada on one condition that he must work for the University for 2. 5 years. Upon Lee’s return, he left the University and argued that he had not provided consideration and hence there is no contract between Lee and UM. Federal court held that there was consideration as UM paid the fees. Reference: Ferrell, O. C. (2010). Business Ethics: Ethical Decision Making and Cases, 8th Ed.. Cengage Learning What were the incentives for Countrywide to write so many subprime loans? Word count: 168 Countrywide Financial benefited financially from offering subprime mortgage loans. Since the interest rate, fees and terms of subprime mortgages are typically higher than conventional loans, the lenders are able to profit from this type of loan (Moulton Bozeman, 2011). Between 1982 and 2003, Countrywide reported substantial earnings, and the offered profitable returns on stock investors. By offering mortgages and loans to borrowers who would not ordinarily qualify, the ees and interest were collected from thousands of borrowers with this type of loan. They also extended loan privileges to a large amount of the population who would not ordinarily be able to own homes. I feel that Countrywide Financials Incentive for offering subprime mortgage loans was for financial benefit. I believe that they should have known the effects these types of loans would have If the economy took a downturn. They were too Interested In the profits to be made and continued the practice despite the negative effects It would have on people and the country as a whole. Moulton, S. , Bozeman, B. (2011). The Pulicness of Policy Environments: An Evaluation of Subprime Mortgage Lending. Journal of Public Administration Reseach Theory, 21(1), 87-115. dot:10. 1093/jopart/muq005 Ferrell, O. C. (2010). Business Ethics: Ethical Decision Making and Cases, 8th Ed. , What was Countrywides logic in thinking that originating loans for people with poor credit ratings would result in positive outcomes? Word count: 182 Before the real estate crisis, the subprime mortgage industry was praised for helping people attain homeownership (Ferrell, 2010). Subprime mortgages helped minorities and lower income people be able to afford to own a home. At the time, it was thought of as a positive financial tool. Since there were more people being able to attain loans to own a home, other industries benefited from the effects of the subprime mortgage practice. Contractors, the building supply industry and real estate agencies were all profiting from these lending practices. It seemed that these types of loans were helping many industries. In a speech given by Govenor Edward Gramlich in May, 2004 (www. federalreserve. v), he spoke of these lending practices and said the increased availability of subprime mortgage credit has created new opportunities for homeownership and has allowed previously credit-constrained homeowners to borrow against the equity in their homes to meet a variety of needs.