This article applied the concept of a labor market to baseball. It suggested that infielders are better hitter s than outfilders and explain this in economic term.
This is an article by the New York Times addressing the issue of gender equality in the job market. Married women who have children must take time off work and the employment business is harsh in terms of promotion and pay when it comes to taking time off work - naturally women are disadvantaged in our society today. The articles dives in to explore the situation.
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 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 explains how Germany has been able to stave off current trends and maintain a robust economy. Instead of firing workers to save money it has retained them saving their human capital. The also excel because they focus on small businesses that are usually niches and they also have very smart outsourcing practices.
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.
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
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)
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.
USA: this article discusses how, following the most recent recession, the US labor market improved throughout the country, driven by rising retail sales and "solid growth" in manufacturing.
"Labor market conditions continued to strengthen modestly, with all Districts reporting some degree of improvement,"
The article also goes on to discuss labor demand and growing economies.
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
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!
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...
This Article talks about the demand for the installation of elevators in Kabul businnes buildings. Unfortunetly the instability of the city matched with earthquake prone nature of teh region make any installation a difficult investment.
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
Interesting article, as it shows how San Diego is using the building of a new baseball park as a way of boosting the economic development in a "run down urban area". It talks about how most professional sports stadium builders try and say that it will boost economic development but in the end it sits there for most of the year without much economic development. This article shows how this one is different. San Diego is forcing the owner, John Moores, to build many hotels and other buildings around the area to pay back the city for helping to finance the stadium. In return it should produce economic development for the area.
The article discusses Scotland's high literacy rates. As the article itself states 'Literacy levels are a very important measure of the social and economic well-being of any society'. 73 % of Scots have 'internationally recognized' literacy skills from the article.
This provides a good indication of Scotland's development. Literacy rates are also key determinants of economic growth (plentiful and educated workforce more likely to be productive and contribute to economic growth) and thus reflects well upon Scotland's economic and social potential.