There has been a significant shift in the world economy in the recent past. The recession continues to persist despite the confidence exuded by different governments that the job market is expanding. The number of people looking for a job continues to rise every day. The big question many people ask is how many people are employed in America today. In terms of absolute numbers, the people employed is estimated to be 125 million people.
Can we do anything to help those seeking jobs be successful? It has been suggested that interventions for businesses to encourage them to hire is a solution. Some programs might be stimulus packages, tax breaks, and programs to reward a company for expanding their business and creating jobs. For the job hunter, assistance in training for job skills will help those hardest hit by unemployment.
The entrepreneurial boom witnessed today is a byproduct of the recession that many economies around the world continue to see. So, what is the trend going into the future? Is the job market Dead? That is the big question.
You have all the technology you need to run a company on your smartphone and laptop. There is no reason to spend a fortune running a business. All you need is a little creativity and imagination, and your business is a success.
There are hundreds of examples of young individuals that go straight into self-employment after losing their jobs. It is easy to come across college graduates applying for up to hundred jobs per week without getting any response.
What causes unemployment, you may ask. There are several theories, one being that regulation imposed on businesses cause a decrease in the number of people hired. Some of the rules that are suspect are minimum wage laws, union activities, taxes, benefits required to be offered to employees, and any other mandatory requirements that might increase business operating expenses, thus cutting into profits.
Some economists describe a cyclic nature to unemployment, stating that such rates will rise and fall over time. That is little consolation to you if you are one of the unemployed. Also, the low level of unemployment seems to be pretty constant over a long period. Not much indication of a cycle predicted.
The frustrations of being unemployed may cause added discord in the household. Even though unemployed parents have more time to spend with children, often frustration and stress make that time unproductive.
The firms and companies are also finding it easier. There is no need to struggle with huge employee costs associated with maintaining employees. By outsourcing most of the services to freelancers, the companies can avoid the costs that are associated with hiring in-house workers such as the HR costs, employee benefits and bonus schemes, the pension plans and insurance costs.
Can we do anything to help those seeking jobs be successful? It has been suggested that interventions for businesses to encourage them to hire is a solution. Some programs might be stimulus packages, tax breaks, and programs to reward a company for expanding their business and creating jobs. For the job hunter, assistance in training for job skills will help those hardest hit by unemployment.
The entrepreneurial boom witnessed today is a byproduct of the recession that many economies around the world continue to see. So, what is the trend going into the future? Is the job market Dead? That is the big question.
You have all the technology you need to run a company on your smartphone and laptop. There is no reason to spend a fortune running a business. All you need is a little creativity and imagination, and your business is a success.
There are hundreds of examples of young individuals that go straight into self-employment after losing their jobs. It is easy to come across college graduates applying for up to hundred jobs per week without getting any response.
What causes unemployment, you may ask. There are several theories, one being that regulation imposed on businesses cause a decrease in the number of people hired. Some of the rules that are suspect are minimum wage laws, union activities, taxes, benefits required to be offered to employees, and any other mandatory requirements that might increase business operating expenses, thus cutting into profits.
Some economists describe a cyclic nature to unemployment, stating that such rates will rise and fall over time. That is little consolation to you if you are one of the unemployed. Also, the low level of unemployment seems to be pretty constant over a long period. Not much indication of a cycle predicted.
The frustrations of being unemployed may cause added discord in the household. Even though unemployed parents have more time to spend with children, often frustration and stress make that time unproductive.
The firms and companies are also finding it easier. There is no need to struggle with huge employee costs associated with maintaining employees. By outsourcing most of the services to freelancers, the companies can avoid the costs that are associated with hiring in-house workers such as the HR costs, employee benefits and bonus schemes, the pension plans and insurance costs.
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