Group items tagged

This article discusses how a flexible labor market model can only lead to less permanent-job contracts, lower wages, and even lead to eventual unemployment. For example, the share of employees with temporary contracts is much higher in the EU than in Romania, however, it has been noted that the EU has higher unemployment rates than Romania... Further consequences of the implementation of a flexible labor market model are also evaluated. Link to "What is a Flexible Labour Market?": http://tutor2u.net/economics/revision-notes/a2-macro-flexible-labour-markets.html

Good article to talk about unemployment. Not only does it talk about the unemployment rates in the last few months in the US but it also talks about which job sectors are hiring (a good example of structural unemployment/employment)

This article talks about how the unemployment rates are starting to strike Europe too, making special emphasis on the fact of the unemployment rates in some countries such as Spain and Ireland, that are passing through several difficulties recently.

This article discusses how the labor market in Germany has improved over the past year, especially recently in January and February 2011. Unemployment has declined sharply by over 75,000!

The labor market in Germany has improved and unemployment declined thanks to the country's solid economic upswing.

This article discusses how Germany's labor market improved sharply in February and unemployment declined by much more than expected, owing to the country's solid economic upswing and increase in aggregate demand for jobs in the country. And demand for employees continues to increase...

America has done a better job keeping GDP up than almost any other developed nation affected by the Great Recession. But it's done a far worse job keeping unemployment down. Why? America has a very weak labor union movement. An underconsumption of labor union movements here engenders market failure. This article discusses this idea in further detail.

This article discusses the recent decline in unemployment in the US. The US has had decreased unemployment each month over the past 3 months, and this is with the terrible snowstorms in January. This is a very good sign that the recession is truly coming to an end.

this article is about Brown County and its unemployment rate. Unemployment rate in Brown County keeps rising from December 2010 to today. In December 2010, it was 11.4 % and now it is 13.7%. also, it means that 2900 were unemployed out of 21500 civilian work force last month. Highest unemployment rate was in January 2010, when it was 14.7%.

We all know Spain is one of the worst affected economies that crisis has left, due to many circunstances which won´t be exposed here. This artcle is releated with the course as it talks about the evil: unemployment and how it is growing at Europe

This article explores how the business cycle affects unemployment. There is an unusually high unemployment rate in the U.S., and the way businesses operate tells a great deal about why this might be.

This article explains the monetary policies that are being taken by the US Government in order to reduce unemployment rates.

This article talks about the UK government setting a minimum wage which probably will create unemployment as we read in the weekly reading activities.

this article talks about how corruption and inequality hamper economic development of India. As we have studied, economic development depends on three factors. These are poverty, unemployment and equality. This article says that there's corruption and inequality in India. So it is clear why there are problems in economic development of India

People are dropping out of their jobs at a higher rate than ever, even though hiring has bounced back a bit. Unemployment rate is up to 8.9%. The recession has driven younger people out of the job market and back into school. People over 55 are going back to work because their savings were depleted due to the recession. -Michael

The article discusses the reason why India's private sector employment is relatively low given the high economic development and prosperity. Wages are said to not have risen to levels suggested by per capita income figures and this has been attributed to the plethora of cumbersome laws and regulations that govern Indian labour markets. Due to the inflexibility, private sector employers respond by not hiring too many workers in the first place due to fear of disputes. At least 45 laws exist at the national level, and up to 4 times as many at the state level. The author cites a change in government's attitudes to labour market as the remedy to India's unemployment.

The Recovery Act of 2009 gave 787 billion dollars for economic stimulus, this action by the government is a prime example of Keynesian economic theory as the government is bolstering economic growth and development while simultaneously reducing unemployment. It is recorded that 1.5 million private sector jobs have been saved and there has been six straight quarters of economic growth.

This article discusses international trade between the US and China. This article talks about differences in currency value between the two countries and how the US is trying to solve these currency imbalances in order to lower unemployment in the US.

This article talks about how unemployment has been raising during the recession but now the recovery situation is contributing to the creation of new jobs.

This articles describes the strained relationship between the United States and Mexico because of their respective protectionist policies. There is talk of both countries decreasing or completely removing these policies to allow for better trade within each country. This would decrease domestic trade and increase exportation between countries. Unemployment would decrease due to the increased trade between countries.