Monday, November 24, 2014

Global unemployment rises above 200 million

     This article mentions that unemployment is more than just an American issue, it's a global one. Global unemployment is on the rise, especially in younger workers who are not yet established with experience. Even though the economy has been improving and doing well recently many corporations are deciding to hold onto extra funds, buy back shares, or reward shareholders instead of investing in growth and new employees. The article also says that the number of people not in education, employment, or training is also on the rise globally.
     I can agree with this article that unemployment is a global issue. The article mentioned that Spain and Greece are two heavily affected countries, through the Europe trip I first hand witnessed the depression in Greece. Many businesses are shut down and vacant. 

5 comments:

  1. I believe the global problem of unemployment is aroused by overpopulation. I don't see this problem getting better because the population is expected to just keep rising. There just aren't enough jobs to give out when the world is overpopulated. Instead of trying to fix unemployment, I think they should ultimately focus on the over population problem.

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  2. I agree with Tyler that this issue is a side effect of overpopulation. I also think that the U.S. is avoiding this problem because unemployment is becoming less of a problem.

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  3. in this day and age we cannot look at the global economy. It effects us so much more now then it ever did before.

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  4. I disagree with Tyler. There are tons of jobs out there for people. It's just that people do not want to go out and look for these jobs. Americans are getting lazier and lazier in my opinion

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  5. I agree with Tyler 100% on his comment it will not get better. That is why some people believe God will make a natural disaster soon that will kill off a lot of people so we can start fresh without tons of people and crazyness. Because with more and more people things will get harder to do like find a job. So the u employment rate will keep going up.

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