Recession

Unemployment is liable to be the major financial theme of 2013. Early signs recommend that the jobless rate has started to rise and that looking for some kind of employment has ended up harder. This is especially the case amongst the youthful.Unemployment is generally perceived as an awful thing. While financial analysts and scholastics make persuading contentions that there is a sure common level of unemployment that can't be deleted, hoisted unemployment forces huge expenses on the individual,…

Iceland is a Nordic island nation, and is often considered to be a country in the continent of Europe. The island is small with an area of 39,769 miles squared, and a recorded population of 334,252 individuals, as of 2016. Despite its small size, Iceland is one the the world’s most developed countries. However, even the most developed countries have had to face demographic challenges. There are five distinct demographic challenges that Iceland has had to face. Immigration rates in Iceland…

Nowadays, Australia is facing two crucial economic issues, which are increasing the budget deficit and house affordability. In a long term, those two issues can deteriorate the economy that has been in slow growth in the last three years. First, the increasing budget deficit affects an increase in the Australian debt, which deteriorates the economic growth. Second, as the housing prices are significantly overvalued, the Australian economy grows slowly. (In order to solve the rise in budget…

Caterpillar and the Global Financial Crisis Despite being a multinational corporation (MNC) and the global leader in the manufacturing of construction equipment, mining equipment, engines (diesel, natural gas), turbines, and locomotives, Caterpillar (CAT), like other global leaders, was susceptible to adverse effects cause by the global credit crisis of 2009 (CAT, 2016). As such, the company’s exposure to risks associated with conducting business overseas were exacerbated by deficiencies in the…

Stephen Tate Econ 200 Current Event: The Economic Crisis in Venezuela The economic situation in Venezuela is truly parlous. The country with a population of roughly thirty-one million people is having mass shortages of food, and common necessities such as toilet paper. Yet the reason for this economic crisis is years in the making, and has to deal with very much the political system adopted within the country. According to The Guardian and writer Julian Borger the oil rich country is facing a…

affecting families synchronizing schedules, extracurricular activities, bills, and student achievement. The Great Recession of 2008 and 2009 had many effects on the state of the economy; however, how economic downturns effect student achievement is not usually addressed. When the economy is negatively shocked from factors of the great recession, it calls to question whether the recession affects the younger generation similarly to the adult generations. In student achievement, the primary and…

Dismissing an employee is not an easy and fun job. Set in the crisis of the US economy in 2008, when many businesses have to cut staff, but many of them do not dare to directly dismiss their employees forced to use the landfill service. The movie “Up in the air” is really worth for human managers thinking. The following short video cut from this movie involves in delivering a bad news. In this essay, I will discuss how the two main characters (Ryan and Natalie) fire someone. Up in the Air is a…

Factor 3: Global Economic Influences on the Australian Economy a) Australia has been a participant in world trades, investments and financial flows for many years. Thanks to improved technology, market growth and many other facets of the global economy, this globalisation has only become easier and is now at a point where every country is affected by global economic influences, good and bad. An example of this at play in Australia would be the recent political uncertainty with the US…

Do conservatives really lower taxes? An analysis on the impact of conservative rule on rates of taxation. “There are only to sure things in life, death and taxes”, the old adage clearly illustrates one of the realities of modern life. It is impossible to escape taxation. Given this basic principle there can be huge differences in the rates of taxation between different countries and at different times. In this essay I will consider the impact that conservative parties, traditionally associated…

Job Loss and Unemployment Just last year, over 2.5 million people lost their jobs due to layoffs, quits and workers getting fired. The unemployment rate is now at a steady 4.9 percent; citizens of the United States lose their jobs every day. Layoffs at work can cause it, or it can simply be that one 's boss has fired them. Job loss and unemployment can affect one 's everyday life. Not only does losing a job affect one, but it also affects one’s family. On the contrary, they do have grants for…