... jobs are paying well, proving that highly skilled labor is what employers want! “There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services,” says L. Mishel, Research Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society. “The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-destructive because there will not be enough purchasing power to grow the economy,” M. B. Zuckerman. My feeling is that the trend from unskilled labor to ...
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... person missing the cards will receive a new card with a new number. If a person only has money in their wallets and that gets stolen, there is now way for retrieving the money. The person will report it but unfortunately the money will not be returned. When I first started college, I was told by my professors to buy books for their classes. I went to the bookstore and it was filled with more students than books. Knowing that probably ½ of these students were looking for the same books as I was, I ran for the books I needed. I was on line to pay and as I saw the total for all my things, I realized I didn’t have enough money to pay. I decided to on my card becaus ...
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... those who gain could repay those whom loose and still have some left over. Important in this theory is that it is possible for the gainers to repay the losers, not that it is required. The problem with this theory is that a single person may gain a great amount and many others may loose a great amount as long as the result is a net gain. CBA looks at the costs involved in the policy to determine if it is justifiable. This creates difficulties when we realize it creates a one vote per dollar scenario. This does not follow the ideas of democracy we seem to want to follow. When it becomes possible for people to buy the CBA justice cannot follow. Unreliability: ...
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... tend to become multinational. The presence of companies with foreign capital monopolizing specific commodity secto rs (pharmaceuticals, photographic materials, electronics, cosmetics etc.) is far from rare. One particular kind of development regards medium-sized companies, frequently derivations of small family-run businesses with a specialized production, which as a result of management flexibility have succeeded in reconverting production and using technol ogical innovations which, with increased competitivity, enable them to penetrate international markets, in this way contributing to the consolidation of the Italian image and presence throughout the worl ...
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... on the constant rise, employees of other airlines are pushing for higher pay also, but undeniably American is in the worst position right now. It looks to me like the pilots were not very happy with the decision to purchase new aircraft from Boeing back in November when it was first voted on. It seems as though instead of purchasing new aircraft the pilots wanted a pay increase. What the pilots want is a pay increase of 11% over the next four years. What the have been offered is a 5% increase. The argument that the pilots have put forward is the fact that their offer does not even keep up with inflation. It looks as though a strike would be very unli ...
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... by its member countries. The size of a country’s stockholding is determined relative to it’s economic strength relative to the worldwide economy. The United States is the single largest stockholder, holding around seventeen percent, this along with the other six industrial large nations ( together they form the G-7 ) amass a little less than fifty percent of the holdings. The bank’s headquarters are located in Washington D.C.. It is often here that its Board of Executive Directors, representing all member countries, debate and decide upon new policies and practices. is very set in their lending ways. The Bank in no way donates or grants any money, all loaned fund ...
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... my part. When a student receives a grade from one of their teachers a lot of times they get a number grade saying that they received a certain percentage of credit for an assignment. If a student receives a grade of a 95 then they have fulfilled 95% of the total possible credit. A grade of 95 in most cases is equal to the letter grade of an A. When a student receives a number grade of 70 then they have gotten credit for 70% of the work. This 70% works out to a C, which is customarily known as satisfactory. This satisfactory grade of a 70 means that on a test the student has basically absorbed only 70% of what should have been. This 70% means that a f ...
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... also believes that the short term will be rough on "companies pricing power and profit "margins" because of the current disinflationary trends. He is also concerned with the continuing job losses because of downsizing, right sizing, and mergers. He believes that these things will "take their toll on employment and consumer purchasing power." In spite of all these short-term woes that we're faced with, Yardeni is still quite optimistic about our economic future. He recently published a report entitled "10,000 in 2,000" which is very positive. He believes that the end of the cold war is a definite plus. He went on to say that "no economy in the world can ma ...
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... a single currency will lead to higher levels of unemployment in some parts of Europe because countries will no longer be free to devalue their currencies in order to maintain their international competitiveness. Are these fears justified? The force of the skeptics argument depends crucially on the time frame under consideration. First by removing the possibility of devaluation can a single currency condemn a region or nation to permanently higher unemployment than it would otherwise have? The answer is No. In the long-run both a nation's unemployment rate and its real exchange rate (that is the price of foreign goods and services relative to the price o ...
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... a 20 year period is clearly higher for Stocks, except for a period in the mid-1970’s when stock returns dropped below T-bills. Periods of high inflation in the 70’s are the primary drivers of the stock ROR decline. T-bills have historically had a much lower 2.5% maximum ROR that has not been prevalent until the past few years. Bonds have consistently had negative ROR’s until recently when the trend seems to be following stocks. Analysis of 3 and 10-year investment time frames emphasize the importance of the period that the investment is made over. Three and ten year investments yielded a large difference for stocks and very similar results for both bonds and ...
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