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Erica Yeo

Divisions between haves and have-nots begin with having skills - or not - The Globe and... - 1 views

www.theglobeandmail.com/...article4906878

inequality divisions globeandmail challenges currentevents

shared by Erica Yeo on 22 Nov 12 - No Cached
  • Baby boomers are targeted because after struggling to get an education in skills that would land a job, and after decades of effort, they have accumulated some wealth.
  • To them, we symbolize intergenerational inequality.
  • Your future will be defined by how well you learn skills that match the needs of the job market. Those who gain useful skills will find higher paying, more rewarding jobs; those without that knowledge will face low-paying, unstable prospects.
  • ...9 more annotations...
  • progressively widening inequality gap between members of your own generation.
  • large numbers of unfilled jobs co-existing with high levels of youth unemployment.
  • what if Canadian universities were the root cause of the skills gap, rather than the solution?
  • fail to report what portion of their graduates find work that requires a university education.
  • 40 per cent of Canadian university graduates aged 25 to 29 were employed in “low-skill” jobs,
  • Canadian graduates turning to jobs-focused colleges for further training.
  • reduces Canadian productivity and prosperity
  • they just keep spending public money to produce graduates with few job prospects,
  • And the class of 2013 may come to realize that the most damaging inequality is not that of financial disparity, but rather the inequality of hope.
  • Erica Yeo on 23 Nov 12
     
    Discussion Questions: 1. Why should a widening financial income gap be concerning to the economy? 2. What are the economic differences of the baby boomer's generation (1940's-1960's) and the current generation? Do you think these differences affected the education requirement of today's jobs?
Erica Yeo

Crude Oil Rises on Gaza Conflict Amid Declining U.S. Stockpiles - Bloomberg - 2 views

www.bloomberg.com/...-weeks-as-stockpiles-fall.html

crude oil gaza conflict u s bloomberg challenges currentevents

shared by Erica Yeo on 29 Nov 12 - No Cached
  • boosting speculation that the conflict between Israel and the Palestinians of Gaza may disrupt crude supply from the Middle East.
  • Prices advanced earlier after American Petroleum Institute data yesterday showed crude inventories fell for the second week in three. An Energy Department report today is forecast to show supplies increased.
  • “Crude trade will remain choppy until we have some clarity on the Israeli-Gaza conflict,
  • ...5 more annotations...
  • Societe Generale SA raised its predictions for global oil prices next year,
  • Crude for January delivery was at $87.58 a barrel, up 83 cents, or 1 percent, in electronic trading on the New York Mercantile Exchange at 1:38 p.m. London time. The contract dropped $2.53 yesterday to $86.75, the biggest decline since Nov. 7. Prices are down 11 percent this year.
  • The bank increased its price outlook for Brent to $110 a barrel from $103 previously, according to an e-mailed report.
  • Crude stockpiles in the U.S. slid 1.9 million barrels in the week ended Nov. 16, the API’s report showed.
  • Gasoline slid 4.8 million barrels, compared with a gain of 1 million barrels in the Bloomberg survey. Distillates, including diesel and heating oil, declined 4.4 million barrels, compared with a projected 1 million-barrel decrease.
  • Erica Yeo on 29 Nov 12
     
    1. What affect do you think the american stockpiles of crude oil have on the supply and demand graph of crude oil? 2. Since the middle east contributes to most of our oil resources, what are the possible solutions to the price increase of crude oil if the conflict between israel and palestine continues?
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