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The article talks about the recent recovery of american jobs. There is a annual real GDP growth of 2.2% to 3.0% by 2013. Also the unemployment rate will decrease from 9.3% to 6.9% by 2013. America is slowly recovering.

The Article referrs to how the government has to interact, to improve employment and annual real GDP

"The U.S. trade deficit widened more than expected in September as imports rose to their highest level in almost a year. The Commerce Department said the trade gap increased 8.0 percent to $41.8 billion, the largest since May. August's shortfall on the trade balance was revised slightly to $38.7 billion from the previously reported $38.8 billion. Economists polled by Reuters had expected the trade deficit to widen a bit to $39.0 billion in September. When adjusted for inflation, the trade gap widened to $50.4 billion, the largest since May, from $47.4 billion the prior month. This measure goes into the calculation of gross domestic product. The increase in the so-called real trade deficit in September suggested the government will probably lower its initial third-quarter GDP estimate." This does not surprise me at all with their trade balance widening because of the debt they are in. Their debt are in the trillions and there isn't a lot the US are doing. Yes, their economy might be improving slightly but a lot of people are without jobs creating a sort of dilemma.

Last month, the White House and labor unions announced an agreement to tax high-cost, employer-sponsored health insurance plans. Labor leaders say the proposal is too high a price to pay for the limited health care package they expect to emerge from Congress, therefore, there is really no support for this agreement.

A lot of people have preached in the past about how we should destroy the social class system, about how the difference between wealthy and impoverished is an abomination and that the workers should rise up against their oppressive bosses and show them that the employers need their employees and not the other way around. However, most people probably haven't considered the economic angle to it. I hadn't, till I read this article, and I didn't more than the first few sentences to get me thinking. In a country where 10% can buy whatever they want and the other 90% can barely afford to feed their families, how do you get anything done. Those 90% probably do menial labor all day, creating goods and providing services for the 10% that act as their directors, and while this system works out fine for those 10%, your entire aggregate demand is still comprised of only the wants and needs of a tenth of your population. The fewer people you have with the ability to buy things, the smaller your macro-economic activity will be and, thus, your GDP. Now, while this kind of inequality is not fatal to a countries economic stability, per the previous reasons, it definitely puts it at a disadvantage to countries of equal wealth, resources, and population where demand is spread more evenly per capita.

This article talks about the scarcity of jobs for citizens living in Greece. Greek citizens are not having much luck finding any occupations, even simple ones such as working as a waiter in a restaurant or working in a supermarket. This is mostly a dilemma for the Greek youth, furthermore, data shows that more than half of the citizens under the age of 25 are out of work. The greatest challenge for employers is not a lack of cheap labor but a shortage of demand for their products, therefore, due to the fact that their products aren't selling they can't hire people because their company will be going into debt.

Because of the decreased amount of work opportunities the unemployment rates go higher. That is bad enough for any country, and even worse for a country like China who are dependent on their production and export. The scarcity of work opportunities get bigger, and creates competition on the market. This will contribute to a poorer population since the competition gets higher and people then work for less money.

This article talks about the creations in jobs in Nigeria, and how that influenced the initiative for a better future and a better living standard. Also, women are mentioned to having more jobs and more jobs created for them, resulting in a development. Even though this is a big step, there are a lot of sectors that need aid, which do not only include employment.

The situation occurring in India right now exemplifies the conflicts behind allowing MNCs to embed themselves in a developing economy. FDI is a great source of income for developing economy, being an instantaneous source of employment for in that economy and being a mutually beneficial setup for MNCs in need of additional labor. The problem is that FDI tends to just be a band-aid approach, helping to sustain the economy and cover its financial issues but not really allowing said economy to progress any further. What certain government parties are saying to the Indian government is that they want MNCs to be forced into some sort of investment in India's future growth if those companies are going to embed themselves in the country.