Unemployment and Its Impact On American Cities Michael Collins Marygrove College Abstract The United States, its cities, and regions for decades have been trying to maintain low unemployment rates. It is a well know fact that the economy in America is facing tough times and many companies are being forced to pass out pink slips. As a result, America and its cities have being confronted with some of the highest unemployment rates in the 21st Century. Politicians have employed many strategies and ideologies to help regulate the unemployment rate. Unfortunately, over the past 10 years these strategies and ideologies have failed.
The protest movement at Tiananmen Square began out of Chinese students desire to commemorate Hu Yaobang, former General Secretary of the Chinese Communist Party (CCP). Hu Yaobong’s death on the 15th of April of 1989 sparked a wave of protests calling for democracy. By the 3rd of May, students petitioned the National People’s Congress and the CCP Central Committee for educational reform which was rejected ten days later. This prompted a series of hunger strikes in the square and in response a declaration of martial law by the CCP on the 20th of May. Between May and early June 1989, more than 200,000 soldiers from the Government’s People’s Liberation Army (PLA) were stationed around Beijing.
The pressure placed on them also makes them place intense pressure on the hourly employees, which results in low morale (hourly employees feel like the foremen don’t listen to them, are too harsh, etc.). • The plant is open 24/7 and uses 12 hour shifts, which is problematic. Due to the “strenuous nature of the long shifts”, employees show up late and call in sick often so line foremen constantly have to scramble to find substitutes at the last minute. • If they allow production to drop as a result of these problems, they get to be verbally reprimanded by their managers. Is it any wonder why turnover is a problem?
Germans were forced to pay for various repairs across different country what inevitably caused damage to country’s economy. The instability across the nation has been consistently rising, and the ruling government had to resign. In Italy the dissatisfaction of the nation with the government has also been significant, especially taking into account the defeat at Ceporetto or the collapse of the economy, which over past years was based on manufacturing weapons and other equipment that was needed for participation in the war. Both in Italy and Germany people were desperate for a change, they needed economic growth and development. There were no jobs, poverty was spreading.
A good start.”3 Of course, most Massport employees did not receive their jobs through patronage, and the agency employed many highly capable experts in the transportation industry. As retired Federal Aviation Administration (FAA) agent Michael Sullivan noted on the day after the attacks, ''I don't think Logan is weaker than any other airport. The problem is systemic.”4 Nevertheless, as the condemnations continued, the morale of the authority’s workforce plummeted. Its public image sank to all-time lows.
Both the husband and the wife had well paying jobs, great health care, but they were still unable to afford the medical treatment that they required. It’s really scary to know that even those with health care can be reduced and forced into such a helpless state. Another example of unfairness is this elderly gentleman named Frank and his elderly wife. He is forced to work even though he’s worked all his life just to pay for his and his wife’s medication. Even employees of theses big shot insurance companies just can
1. Explain the hedging strategy of Metallgesellschaft After the Gulf War in 1991 oil prices fell significantly; as a result demand for forward oil contracts increased dramatically. Forward contracts are agreements between a buyer and a seller who are both obliged to perform against a certain price at a certain agreed upon date in the future. The goal of forward contracts is to lock in a certain price for a commodity, in this case oil, to avoid large price fluctuations in the future. MG Corp, MG AG's US subsidiary, was a major seller of these contracts, which in 1993 resulted in obligations to supply nearly 160 million barrels of oil over the next ten years.
Introduction The troubles facing the Green Mountain resort are to do with staffing issues /concerns and the problem with turnover. Although the location of the resort is not ideal (located in the poorest area of the state), the management had attracted a group of hard working employees. Yet due to lack of promotion and advancement at the resort, the excellent members of the staff have moved onto other resorts leaving behind the novices and poorer workers. This is where the underlying problem arises, as the staff turnover rate was so high due to new employees having to be hired, that the added training for the variety of assignments staff would undertake was crippling management. This sort the management to find a solution to fix their high turnover rate.
On the other hand, some say they are highly skilled and deserve their money because of all their hard work. Professional athletes and actors are highly overpaid because their skills are far less superior than many other professions including, doctors, teachers, firefighters, and police officers. Actors and professional athletes are overpaid because they do not have to risk their lives, while soldiers, policemen, and firefighters, risk their lives daily. According to the National Law Enforcement Memorial’s article, “Law Enforcement Facts,” statistics show that on average, 154 police officers die in the lie of duty per year in the U.S. “Firefighter fatalities in the United States, 2012,” an article in the National Fire Protection Agency stated that in 2012, 64 firefighters died in the line of duty in the U.S. Once, a 16 year old boy driving a Mercury Sedan collided into two power poles in Paso Robles on August 6, 2013. Tonya Strickland, an author in the San Luis Obispo newspaper described the scene, “It ended up being one of the most dangerous rescues of their careers.(...)
But this irreprehensible customer service does not come easily. It requires very dedicated employees that go above and beyond to ‘wow’ the customers. Ironically, the same elements that enabled Nordstrom’s success are responsible for its current misfortune. The controversial Sales Per Hour System (SPH), the decentralized management structure, and the not very clear distinction between working hours and non-working hours, have had very damaging consequences for Nordstrom. This firm’s significant earnings growth came to an end in the late 80’s when employee complaints, union allegations, law suits and regulatory orders began to arise.