The price of destructive fire is estimated at over $11 billion a year in the U.S. Loss of businesses leads to loss of jobs, which is a price that is beyond calculation. It is sobering to come to the realization that the richest and most technologically advanced nation in the world led all major industrialized countries in per capita deaths and property loss from fire during that time. Chapter 2 Living Victims Of The Tragedy. The Commission outlines the struggles of victims who are maimed and disfigured by burn injuries. The reader is made aware that half of these victims are children, who must live out the rest of their lives with physical, as well as
The author of the article goes on to say that people in the US are sentenced to do time for crimes that would not produce such a sentence in other countries. According to another article in the New York Times (2008), states spend close to ten percent of their budget on corrections (Liptak &, 2008). In 2007 alone, states spend close to $45 million tax dollars. Not only is simply housing an inmate costly, but healthcare also provides a financial burden. In 1998, the states paid a little over seven dollars a day per inmate for healthcare (Kinsella, 2004).
* 36 million days were lost overall (1.5 days per worker), 30 million due to work-related ill health and 6 million due to workplace injury. * £20 billion (approximately 2% of GDP) is the estimated annual cost to society of work-related accidents and ill health.To promote improved health and safety, HSE provides strategic direction, investigates and enforces regulations, and works with employers and other groups to promote better workplace
In 2004, delays and stoppages to the firm’s production due to the collapse of equipment cost Alliance $2.6 million in repairs and a two-week shutdown. Alliance’s obligation to pay a divide payment of $3 million to National Industrial Supplies, and their previous $4 million annual loan repayment to their bank cripple the firm’s ability to finance expenditures. The firm is facing a difficult decision with choosing between postponing capital improvements, renegotiating debt obligations, or reducing dividend payments to National. Capital improvements will potentially save the firm money in costs for repairs, production delays, and plant shutdowns. Moreover, Alliance’s customers are sensitive to delivery times.
After two straight years of financial losses in 1994, CEO Ron Allen rolled out a new strategy called “Leadership 7.5.” Allen targeted to reduce Delta’s cost per each available seat mile from more than 10 cents to 7.5 cents, which would match that of major competitor Southwest Airlines (Bryant, 1997). Along with a new company strategy a change followed with Delta’s human resource strategy. This changing policy devastated employee morale and resulted in a decline of customer service, efforts to unionize, and dissatisfaction among personnel. Delta couldn’t keep the past primary policy about human resources so there were several significant changes in Delta’s organization and corporate culture. There are many programs that Delta has built after passing through the cost-cutting reformation in 1997 for getting back its capabilities on customer relationships like rewards and recognition program above and beyond and more.
Newcastle herald 23rd march 2013, More mining jobs axed, Whitehaven coal laid off 40 workers in NSW to deal with lower coal prices. The company lost $47 million in the first half of the financial year and is expected to be the same in the second half. As prices aren’t lowering and they are still trying to find ways to save money, more jobs will be redundant.800 workers have been sacked in just 6 months from Queensland, Brisbane, and NSW hunter valley. With all these job losses more and more families are having to find new homes and new jobs because they have no money. Newcastle herald 23rd march 2013, Apple blames record labels for high prices, Australia has to
(Doc. 1) Soon after in the years following the crash, the unemployment rate in 1931 was as high as 16% and then shot up all the way to 23% in 1932, putting many Americans out of a job and out of money. Next, many people’s life savings that were earned throughout their lives have now vanished. (Doc. 2) After people have realized that their stocks have completely hit rock bottom, people stormed to the banks to try and get what remained of their money to store at home, usually in their mattress, because they felt that it would be safer there.
It’s very hard for people who is released from jail to improve in life because of the difficultness in finding a job. The levels of poverty thus increase. Also, after release it is more likely for them to face unemployment and more economic problems. The Pew article is stressed on statistics on the economy of former inmates. According to the Pew's Economic Policy group and the Pew Center, on the States shows that after release, former male inmates work nine fewer weeks annually and takes home 40 percent less in annual earnings, making $23,500 instead of $39,100.
Breadwinners are lost, families destroyed, more kids grow up without fathers or mothers, welfare costs increase, the entire sex ratio is thrown out of balance and prisoners face grim prospects when released. The hyper-incarceration statistics for African-American males are much worse. We incarcerate one in nine African-Americans between the ages of 20 and 34. In 2003, it was calculated that "At current levels of incarceration newborn black males in this country have a greater than a 1 in 4 chance of going to prison during their lifetimes, while Hispanic males have a 1 in 6 chance, and white males have a 1 in 23 chance of serving time." By 2007, just four years later, the U.S. Department of Justice
He looks in to the costs associated with accidents in the work place and references a US study saying in now runs in to the billions for compensation claims each year. The Savery and Lucks example looks at the association with long hours and work place accidents and discuss theories to explain why employees are more likely to fall prone to illness or injury when subjected to long working hours. Due to an increased focus on Occupational Health and safety in workplaces over the last decades, the total amount of hours worked by employees appears to have steadily fallen With this fall in working hours, reported accidents and illnesses declined. Another US study within the Steel industry referenced the number of lost workdays from illness and injury from 1988 through to 1992 was a result of fewer working hours (Robertson, 1994). So the author is suggesting we are getting smarter each year in helping identifying certain job roles that need additional resources to help ease too much over time demands.