The Unemployment Of The United States - 1026 Words

In the United States, the unemployment rate measures the number of people actively searching for employment as a fraction of the labor force. While things seem to be looking up for the economy with lower gas prices and grocery bills are decreasing, unemployment still seems the plague the country. Only 63 percent of working-age Americans have a job or are actively looking for one -- the lowest share of the population participating in the labor force since 1978. (The population of working-age Americans here includes anyone over the age of 16, including those who have retired and students). Some of this is due to the fact that Baby Boomers retiring HuffPost s Mark Gongloff wrote. â€Å"Most of it has to do with the fact that the economy is still too weak to create enough jobs to draw people into the market. This is most clearly evident in the fact that younger people are leaving the labor force, too or never even entering it because they can t find jobs† (Goyette, 2014). There are plenty of jobs available in the United States. The fact of the matter is, most are low paying jobs and people with years of work experience and college degrees are not willing to accept those jobs at first. The reality is most people have to start at the entry level and work their way up, unless they have good connections or it is a family owned business in which they do not have to worry about competing for promotions. Unemployment Rate in the United States averaged 5.82 percent from 1948 untilShow MoreRelatedUnemployment Of The United States1545 Words   |  7 Pages Brian Winter Ms. Cintorino English 11-R 5 April 2017 Unemployment in the United States Many people believe that their job defines their place in society and that productive, con-tinuous work is one of the elements needed for a happy life. Therefore, when a person becomes unemployed, he/she may lose hope, disrupt relationships, become depressed or sick, and even su-icidal. â€Å"Long term unemployment can often be financially, emotionally, and psychologically de-structive† (Krulick). In order to maintainRead MoreUnemployment Issues Of The United States Unemployment970 Words   |  4 PagesUnemployment Issues in the United States Unemployment is one top issue that our government faces on a daily basis. Many people are being unemployed as we speak. Even though the government is trying to take a lead on this major issue, the rate of unemployment is just too high. Why I feel strongly about this issue is because many of us continue to search for jobs daily and still no reply. There are many reasons behind being unemployed and those reasons are little issues that th e governor himself canRead MoreThe Effects Of Unemployment On The United States942 Words   |  4 PagesOver the course of many years the United States has done a very good job of creating and supplying jobs for the citizens. This could be an effect of our economic standings or is there a reason other countries do better than others? There are many countries that are doing better than the United States in the aspect of unemployment, but the US currently has a very low rate of 4.8% (List of Countries). The country that is currently doing the best is Qatar with a rate of 0.4%. This could be for manyRead More Unemployment in the United States Essay1008 Words   |  5 Pages The unemployment rate has dramatically increased over the last several months. This increase has created many complications for the American people. Although the United States economy has created over 7 million jobs, there is still a long way to go until the economy is back on track. The unemployment rate is divided into variables; such as employment level, unemployment level, labor force and stock variables. At a certain time in a recession they are measured in quantities. Due to aRead MoreThe Unemployment Rate Of The United States894 Words   |  4 Pagesnational unemployment rate in the United States from December 2015 is 5.0 percent, which has reduced from the previous months in 2015. The unemployment rates for Whites are 4.5 percent, which is lower than the national average. But sadly the unemployment rates for minorities are much higher. According to bls.gov the rate for unemployment for African Americans is 8.3 percent; although this number is the lowest it has been since 2007, theirs is still higher than the national average. The unemployment rateRead MoreUnemployment Rate Of The United States1719 Words   |  7 PagesBrandon Phan Phan 1 Ms. Barrett English 5 20 November 2015 Rough Draft With an unemployment rate of 5% and a population of about 326,079,646 people, there can be about 163,039,823 unemployed people in the United states. There are many things that the United States government can do to reduce Unemployment. In order to reduce the unemployment rate in the United States, the United States government could reduce the federal minimum wage to allow employers to hire more employees because ofRead MoreThe Unemployment Trend Of The United States Essay981 Words   |  4 PagesI will first discuss the unemployment trend from 1988 to 2010 using the article by Marios Michaelides and Peter R. Mueser titled Recent trends in the characteristics of unemployment insurance recipients. They wrote that, â€Å" Data from the Benefit Accuracy Measurement (BAM) program indicated that important changes in the composition of the unemployment insurance (UI) population took place from 1988 through 2010; changing shares, by gender, race and ethnicity, age, education, industry, and occupationalRead MoreUnemployment And Its Effects On The United States1443 Words   |  6 PagesThe United States is full of amazing things, historic landmarks, pizza, Nascar and countless other things that help set our nation apart. However there is one thing that our nation shares with every other nation in the world that isn’t so great, in fact many people would agree it is one of the worst things for a nation to have. No it’s not smallpox, it’s unemployment. Unemployment is unfortunately something a nation cannot vaccinate against. Sadly nations are always going to experience unemploymentRead More Structural Unemployment and Cyclical Unemployment in the United States2779 Words   |  12 PagesIntroduction: The high and persistent levels of unemployment in the United States have become one of the most debated topics among economists, policy makers and the unemployed for more than a decade; especially its impact and best approach to resolving the increasing unemployment rates. It is important to note that as much of a global phenomenon unemployment it is, unemployment occurs in numerous forms, economists have broken down unemployment into three main types: Frictional, structural and cyclicalRead MoreUnemployment Rate Of The United States1764 Words   |  8 Pages2000’s the unemployment rates of the United States have been constantly changing. For most of this time unemployment rates were increasing at a quick pace as the country was dealing with internal financial issues of its own. When people are out of work the rates of depression and crime seem to skyrocket. This is due to the lack of funds coming into a home which result in some less than admirable acts being committed. Ther e are many causes of unemployment and many effects that unemployment can have

Political and social changes in Rome as a result of the wars Free Essays

The most obvious were the increased role of the senate, the influx of wealth that arrived in Rome and the introduction of Hellenize. It is believed that these changes were not just the beginnings of the downfall of the republic, but of the entire Roman Empire. Indeed, Assault, writing in the first century BC states that although â€Å"every land and sea lay open to her. We will write a custom essay sample on Political and social changes in Rome as a result of the wars or any similar topic only for you Order Now It was then that fortune turned unkind and confounded all her enterprises. The senate was already a powerful body in Romeos government, these events, forever greatly increased its power. Constitutionally, the senate was an advisory body; the Alex Horniness, passed in 287, gave the power to make decisions to the Continuum Plebes. In practice, however, the senate was the governing body of Rome and It ruled unchallenged throughout the second century. This power was obtained through Its successful control over Romeos wars of expansion. In fact, the crisis caused by the Second Punic War helped the senate’s rise to power more than any other single factor. The senate consisted of ex-magistrates who had an enormous amount of experience in government. These senators took control of Rome and showed real leadership, particularly after Canaan. They provided loans, slaves for the army and food and arms, thus ending the war successfully and increasing their prestige. The Influence the senate held over the magistrates was another factor In their Increased power. Even though Roman magistrates were not obliged to seek or follow the senate’s advice, they would usually submit all important issues to the senate before showing them to the assemblies. The senators would have been able to keep a tight control on the actions of the magistrates even if they didn’t volunteer heir plans. The senate could find another magistrate to veto any unsatisfactory motion they put forward. The Alex Villa Annalist was passed in 181 as a check on any over-ambitious magistrate, It gave the senate the power to control the actions of consuls and procrastinates such as Gossip Africans who ruled unchallenged in Spain for 10 years. The influx of wealth that arrived in Rome led to the deterioration of traditional values. The booty and riches from the successful wars against Hannibal and Macedonia allowed the upper classes to spend lavishly on food, houses, works of art and other expensive goods. This led to a gradual decline In morals as their wealth led to increased greed and laziness. The upper classes â€Å"treated their wealth as a mere plaything† according to Assault. There were attempts from the conservative faction of the senate, specifically from Coat the Elder, to limit the extravagance of the ruling classes. The laws they put in place were, however, very difficult to enforce and, unsurprisingly, quite unpopular. An example of this is the Poplar law which was passed In 215. It attempted to restrict the amount of Jewelry and expensive clothing o the civilized society he expected of Rome, especially during one of the most taxing wars in Romeos history. As the nobles of Rome competed for popularity among the masses, they poured more and more money into the public games. This is another example of the deterioration of the moss moratorium as the new events became more violent and brutal, this had an adverse affect on the character of those who watched them. The money that flowed into Rome as a result of these wars was therefore a huge factor in the deterioration of the traditional Roman way of life. The wars with Greece exposed the Romans to the cultural influences of the Hellenic world. Perhaps the most important outcome of the wars of expansion was the introduction of Hellenize to Rome, the extent to which the Romans were affected by the Greeks is shown in the writing of Horace who states that â€Å"captive Greece had captivated her barbarous conqueror†. Greek culture influenced many things about Roman daily life but the most predominant aspects were religion and education and the reaction to those changes was twofold. Plutarch says that many upper class citizens were happy to see their sons educated in Greek culture and religion, two of these philistines were Gossip Africans and Flamingos. The conservatives, such as Coat, were worried that the ambitions of the younger generations were tainted by Greek learning and that their new ideas would undermine the existing customs in Rome. The result was a widespread blend of traditional Roman values and the new Hellenic ideas which produced a Graces-Roman society. The wars of expansion were a massive event in shaping the political and social structure of Rome. This is shown through the increase in the power of the senate, the influx of wealth that flowed into Rome and the introduction of Hellenize to Roman society. How to cite Political and social changes in Rome as a result of the wars, Papers

Department Stores Supply Chain Collaboration

Question: Discuss about the Department Stores Supply Chain Collaboration. Answer: Introduction The report is focused on strategic analysis of an Australian based company. For this report the organisation selected is the Woolworths, the largest supermarket retailer in Australia. Across the Australian retail industry, the company has achieved significant growth and development (Woolworths Limited 2015). The report aims to analyse the underlying strategy of the company and evaluate the external issues that area driving the company to move the jobs offshore. Further, the strategic analysis evaluates the internal factors that made the company to develop a strategy of moving its jobs offshore. There are various tools for strategic analysis that are used in this study for analysing Woolworths current level of strategic position in the retail industry by analysing the internal and the external environment of the company. The report identifies the key stakeholders of the company and discusses how the shift of offshore activities will affect these stakeholders. The report also explains why a number of jobs will continue to be based in Australia and the associated implications. Overview of the organisation In Australia, the organisation with the biggest supermarket chain is Woolworths. It is owned by Woolworths Limited. Established in 1924, the company has opened its initial store in Sydney's Imperial Arcade. Currently, the organization is one of the leading players in the industry and has been maintaing its position since 80 years. The company along with Coles form a duopoly of supermarkets in Australia and constitutes 80% of the Australian market. The company sells groceries (packaged food, vegetables, meat, fruit, etc.). The Macro Wholefood Market delivers range of products meeting the specific requirements of families such as vegetarian food, gluten free diet, and organic foods (Woolworths Limited 2015). The total number of stores in both Australia and New Zealand are 3000. The four levels of Woolworths private label brands are- Woolworths Homebrand, Woolworths Select, Woolworths Gold, and Woolworths Fresh (Bailey 2016). After the company has been listed publicly on the ASX, it ann ounced the loss of $1.235 billion in 2016 for the FY16 financial year. In 2011, Woolworth has announced moving jobs offshore by effectively pricing local suppliers outside the market despite its net profit of $2.12 billion in the same financial year (Cfmeu.com.au 2011). There was no excuse to manipulate the supply chains and send more manufacturing jobs offshore. Therefore, this act of the company is rationale to perform the external and internal analysis of Woolworths. External analysis of the company This section deals with the strategic analysis of the companys external environment. To evaluate the external issue causing the offshore movement PESTEL analysis is used as a tool. It refers to Political factors The political climate is greatly affecting Woolworths in Australia due to the competition policy launched by the federal government, which eliminates the small retailers and allow giant ones to sustain. However, there is regular fluctuation in currencies in Australia due to unpredictable policy changes according to Keith (2012). The company has benefits of tax consideration even during offshoring and avail the GST free opportunities. Offshoring may also prevent Woolworths from the financial uncertainty due to fluctuations in dollars. Further, moving jobs offshore would reduce the companys compliance obligations and taxations in some markets. Economic factors The harsh trading conditions are making the market development for Woolworths more difficult. According to Glover (2015) the manufacturing workers are earning more in Australia per hour when compared to the workers in New Zealand for the same length of time. Moreover, they also earn more on average when compared to US, Canada and UK (PESTEL Analysis 2017). Further Arli et al. (2013) stated that it is expensive to put the manufacturing workers in the Australian factories because in the past three to four years the productivity as an industry has not increased but there is a 3-4% increment in the payment of wages. The high manufacturing cost in Australia is the driving force for Woolworths to move jobs offshore using a strategy of low manufacturing cost overseas (Hughes 2013). It can be argued that business operations offshore may help Woolworths to claim back the tax credits in Australia while it only pays tax overseas. Further, the offshore jobs may provide access to the low cost of materials. It provides an opportunity to increase the investment in overseas if the dollars goes further (Blundell 2013). It will be cheaper for Woolworths to set up its production base overseas by shipping large product volume to Asia or vice versa. Thus, low freight cost in overseas market would boost profit margins of Woolworths and speed up the delivery. Social factors Woolworths is the trend setter of greener and healthier lifestyle that enhances the customer loyalty. However, Australian customers have a changing pattern of needs, attitudes and buying trends. By operating business offshore the company would be less bound to this change. Further, the overseas employees are highly skilled compared to Australia and are fluent in English with university education. Therefore, offshoring will help minimise the barriers to developing new products and promotes innovation (Hughes 2013). Technological factors Australia is less adaptive to advance technologies as compared US, UK and Japan. Therefore, it is effective to move jobs offshore to meet the higher quality expectations. The current IT structure in Australia is too rigid to allow the implementation of RFID technologies (Mo et al. 2011). Environmental factors The petrol and the winemaking business of Woolworths are having adverse effects on the environment conditions therefore the business areas of the company are affected in terms of profitability (Woolworths Limited 2015). Therefore, the company is adopting the strategy to compensate loss by generating high revenue from offshore business. Legal factors The retail industry in Australia is greatly affected by the Australian Competition and Consumer Commission and the Trade Practicing Act and other foreign trading policies. For example, the implementation of carbon tax has effected Woolworthss business operations across the economy. Therefore, the company must employ a fair policy while operating its business (Chalmers et al. 2013). Internal analysis of the company This section presents the internal analysis of Woolworths to evaluate the effectiveness of the strategy employed by the company. SWOT analysis is used as strategic analysis tool to analyse the Strength, Weakness, Opportunities and Threats of Woolworths. Strength (Glover 2015) leading Australian retail industry with committed and dedicated team The companys ability is enhanced by strong human resource, technological resources and strong presence across the country High financial performance every year with generation of revenue that is 6.5% greater than the forecasted growth High recognition of its brand and efficient operations High customer loyalty as the company offers multiple shopping options for the clients such as online purchases, virtual stores Enhance market leadership positions with faster and efficient delivery options Weakness (Blundell 2013) External environmental conditions effect its growth in the Australian retail sector- It is restricting its move to the wider markets. As a consequence it is collaborating with Coles and is keeping higher prices of the product Compared to its competitors Woolworths has negligible global presence Failure in sustaining competitive advantage as it mainly competing with Coles It pays rent as unit which is 1.5 times lower than other retailers and has its locations in non primary retail centres Loss of $1.235 billion in fiscal year 2016 Opportunities (Bailey 2016) Good growth potential due to advancement in supply chain, changes in the consumer lifestyle changes, computerisation effecting the retailers power Can promote its brand with advanced technological resources and greatly engage in sponsorships and advertisements It can meet the changing requirements of the customers by adopting the strategy of multi-option retailing Threats (Arli et al. 2013) Higher competitors such as IGA, Coles, Alde in the retail industry are the main threat to Woolworths Rise in the cost of raw materials affecting the profit margin Fierce competition with international companies such as Walmart, TESCO, Aldi High wages of manufacturing workers Substitute products entering the Australian market hampering the customers loyalty It is difficult for the food manufactures to stay afloat with the combination of increment in wages, high Australian dollar and the supermarket price. Further, there is an increase in competition due to new entrants in the market. Therefore, Globalisation would be the effective strategy for the company to sustain itself. Moving offshore would overcome the price challenges faced by the company in the Australia as the products would be manufactured at cheaper prices overseas (Hughes 2013). Woolworths has faced a huge loss in 20 years with declining sales in food and liquor amidst the fierce competition from its rivals Aldi and Coles and it is losing money due to renewal of old stores requiring more capital. Conclusively, it is best strategy for the company to move jobs offshore as it can compensate some of its loss by cutting jobs from support office and supply chain (The Guardian 2017). Key stakeholders and the impact of shift of offshore activities The stakeholders are the internal parties of a business and must maintain a good relationship with them to increase the business productivity. The key stakeholders of Woolworths include employees, suppliers, customers, shareholders and the government. The media, unions, community interest groups, franchisees, and non-governmental organisations are the other stakeholders of Woolworths. The stakeholders are affected by business action and concerns due to their stake in the business (Hughes 2013). According to Hajkowicz et al. (2012) the offshoring has a profit motive which will help the firm in Australia to make more money making the countrys economy stronger. The offshoring activity will ensure greater shareholder returns, which will have positive impact on the companys stakeholders. Offshoring may be advantageous from a microenvironment point of view but it incurs a huge loss for the employees. Since the jobs are exported the countrys employment tends to decrease which may affect the companys relationship with the employees who have helped in making the company a giant one. The customer satisfaction may be affected as in the overseas the call centre services may annoy the customers. However, offshoring may increase the purchasing power of customers, as the products turn cheaper when manufactured overseas (Burke 2017). The benefits of offshoring may be exaggerated by the intermediaries which may gloss over the disadvantages associated with it and the cost. Kljenak et al. (20 13) believed that exporting the low skilled jobs overseas might benefit the employees in Woolworths (Australia) to have high skilled and more fulfilling jobs. The offshoring will positively affect the suppliers if it drives the volume-based sourcing opportunities and lowers the cost of good. The vision and sustainable ethos of Woolworths can be entrenched further by respecting the local culture while expanding the business in offshore. Associated implications of the number of jobs that continue to be based on Australia There are many implications for the number of jobs based in Australia. For these jobs it is implied to generate high skilled employees by training and education programs. It implies for innovation and strategies to meet the customers ever changing social trends (Blundell 2013). Woolworths is required to increase its sales and create new jobs in Australia, as there are number of risks in moving jobs offshore. A business can only run with the support of the stakeholders. Therefore, in the quest to target new market and customers it become difficult to sustain the competitive market. It is necessary to retain the old customers and suppliers to maximise the opportunities and decrease the risks by following the ethical considerations (Hughes 2013). The business must implement strategy according to the political conditions of Australia and implement fair policy in its operations. Conclusion Based on the internal and external analysis it can be concluded that the primary factors driving the moving jobs offshore are the economic and political parameters. The government influences and the changing social trends of customers adversely affect the economic stability. The strategy of offshore jobs will help Woolworth to gain greater economic benefits then in Australia due to low freight cost, low material cost, financial certainty, tax benefits, access to high skilled workers, high quality infrastructure and best service providers. The strategic analysis of Woolworths has helped in identifying how the external and internal environment affects its business operations and strategies in negative manner. However, the companys strategies are focused on attaining highest-level growth in its operations and sustain the global competitiveness. By moving the jobs offshore, it can establish an impression of giant retail chain. Moreover, since the company has already established its mark in Australia, it can easily increase its market share in different countries. References Arli, V., Dylke, S., Burgess, R., Campus, R. and Soldo, E., 2013. Woolworths Australia and Walmart US: Best practices in supply chain collaboration.Journal of Economics, Business, and Accountancy| Ventura,16(1), pp.27-46. Bailey, M., 2016. Absorptive Capacity, International Business Knowledge Transfer, and Local Adaptation: Establishing Discount Department Stores in Australia.Australian Economic History Review. Blundell, L., 2013. Resurrection of a retail giant.Property Australia,27(9), p.22. Burke, J. 2017. Woolworths sends jobs offshore | Food Beverage. [online] Foodmag.com.au. Available at: https://foodmag.com.au/woolworths-sends-jobs-offshore/ [Accessed 5 Jan. 2017]. Cfmeu.com.au. (2011). Woolworths killing off manufacturing jobs - time to address the supermarket duopoly | CFMEU Mining. [online] Available at: https://cfmeu.com.au/woolworths-killing-off-manufacturing-jobs-time-to-address-the-supermarket-duopoly [Accessed 5 Jan. 2017]. Chalmers, J., Carragher, N., Davoren, S. and OBrien, P., 2013. Real or perceived impediments to minimum pricing of alcohol in Australia: public opinion, the industry and the law.International Journal of Drug Policy,24(6), pp.517-523. Glover, D., 2015.An economy is not a society: Winners and losers in the new Australia(Vol. 7). Black Inc.. Hajkowicz, S.A., Cook, H. and Littleboy, A., 2012.Our Future World: Global megatrends that will change the way we live. The 2012 Revision. CSIRO, Australia. Hughes, J., 2013. Operating Australian Offshore Seismic Surveys: Can we cut through the Bureaucracy and Stakeholder Perceptions with Good Planning and Sound Science?. Keith, S., 2012. Coles, Woolworths and the local.Locale: The Australasian-Pacific Journal of Regional Food Studies,2, pp.47-81. Kljenak, D.V., Lukic, R. and Jovancevic, D., 2013. SUSTAINABLE COST MANAGEMENT IN RETAIL.Metalurgia International,18(8), p.69. Mo, J. and Lorchirachoonkul, W., 2011. Design of RFID cloud services in a low bandwidth network environment.International Journal of Engineering Business Management,3(1.), pp.38-43. PESTEL Analysis. 2017. PESTLE-PESTEL Analysis of Woolworths. [online] Available at: https://freepestelanalysis.com/pestle-pestel-analysis-of-woolworths/ [Accessed 5 Jan. 2017]. The Guardian. 2017. Woolworths to cut 500 jobs and close stores across Australia. [online] Available at: https://www.theguardian.com/business/2016/jul/25/woolworths-to-cut-500-jobs-and-close-stores-across-australia [Accessed 5 Jan. 2017]. Woolworths Limited. 2015. Environemnt. Retrived from https://www.woolworthslimited.com.au/page/A_Trusted_Company/Environment/