There is less opportunity of jobs than before. If immigrants become citizens it would mean more people looking for jobs. Despite the improving economy, we still have millions of citizens out of work. Whether it's lack of skills or lack of opportunities, many of those citizens will be forced to take the low-paying unskilled jobs. If you pump in millions of new workers seeking jobs, it decreases the amount of work available.
In term of economy, Marion Jacobs assumes that university graduates earn more money than high school leavers. This is no longer true because now there are a lot of people who do not have any degree from any university but earn a lot of money. Meanwhile, some other degree holders do not even have a job or they do have but
However, the hiring policies at Tanglewood require employees to start out as store associates and work their way into managerial positions. I have found that many recent college graduates are reluctant to put in several years as a shift leader and department manager positions in order to be promoted. Additionally, the retail industry holds a negative image of providing low pay, requiring long hours, and of their being frequent conflicts with lower-level employees. The environmental scan also shows that unemployment in the area is considered to be relatively high, thus making it easier to hire employees. But, recent forecasts suggest that expansion in the professional and managerial sectors may reduce that number of individual qualified for these jobs.
The constant increment in the wage given to the students in order to increase the college graduation rate has been unsuccessful in tackling the situation and the increased amount of students enrolled in college courses are not directly proportional to the amount of students graduating from these colleges. The most probable reason behind this decrease in the degree attainment rate may be due to the inappropriate balance within the student body or alterations within this student body. Other possible reasons behind the decrease in graduation rate is the
He goes on to say in the second misperception, “college graduates are finding it harder to get good jobs with liberal arts degrees”, but “the recession has no differentiated among major fields of study in its impact” (192). Ungar believes students who focus on one particular field of study do not learn necessities such as writing and literary texts, and this puts them at a disadvantage when compared to a liberal arts graduate. While long-standing jobs, such as doctors and lawyers, will not become extinct soon, liberal arts graduates have a better chance of employment in most areas. 95% of employers surveyed would give hiring preference to graduates with skills to contribute in the workplace. 74% would recommend a liberal arts education to a young person they know today, so they will be prepared for success in today’s global economy.
Recession- The recession is an opposite of boom stage. The unemployment increase, most of firms are losing confidence and stops invest or expand. They may change their planning and started to survive. The customers are likely to save money then spend and the percentages of loans are high and may increase. Individuals are losing jobs and the government have to spend more money of benefits.
Recession is two consecutive quarters of negative economy growth. During recession, there is low level of demand because people don’t have much money to spend. So they look for cheaper products that they can afford. At this time businesses confidence gets low as people aren’t demanding for their products so they would have to cut out their productions as they don’t need to make as much products. At this time they would need to provide cheaper price to attract their consumers and to increase the demand.
The United States’ economy is essentially the base of society. However, throughout history, as the economy has grown, serious problems have come up. The poverty rate today is extremely high, the minimum wage is not sufficient in providing for a family, and there is also discrimination and inequality all over the employment frontier. Also, many businesses are reluctant to enable employees to form unions. All of these problems over time have led to serious debate for change in the economy.
Bill Nye says that most students are distracted by the opposite sex because they are worried about looking good and making a good first impression on the opposite sex. This could be right for two students out of every twenty but then those students are also not doing what they wanted to be doing at college; getting a good education so they can get a better job. The fact that only a very few students are distracted by the opposite sex doesn’t mean that Baldwin Wallace should make a significant change for the rest of the student
Although they may have the motivation and willingness to work hard, students often need practical help (161). Unfortunately, in this fast-paced society, there are consequences to dropping out of college (164). Leonhardt mentions how there are limited pay raises for those without college degrees (160). Also, not everyone has the opportunity to acquire a job that is usually only given to college graduates. Although non-graduates may live satisfying lives, many worry how long their prosperity will last (164).