Unemployment Problem In The USAd Singapore

Ministry of Manpower (MOM) recently shared that Singapore's employment rate has decreased rapidly last year (govsingapore, 2016). Last year, there is only 100 job increment and that is the lowest in the last 17 years. (govsingapore, 2016). With difficulties in making up the quantity of jobs available in Singapore, the government decided to introduce SkillsFuture to improve the quality of jobs (govsingapore, 2016). It gives Singaporeans a chance to explore their dreams or pick up additional skills set from young to old (Yang, 2016). This campaign changes the future economy and individuals in Singapore.

Singapore’s economic factors is developing at a fast pace as a vibrantly free market economy. Singapore’s per capita income is the highest in ASEAN and are also encouraging new entrepreneurs and franchises to set up their bases here.

This essay aims to compare the industrial relations in both Singapore and Japan. It will first indentify both countries industrial relation system, whether it is unitarist, pluralist or radical. It will then touch on the various aspects in the industrial relation system: trade unions, system to resolving industrial conflicts, wages related policies and discrimination at work. In addition, it will look at the policy of lifetime employment and seniority in wages, policies which Japan companies have been well-known for adopting. This essay will then conclude and summary, to what extend are both system similar or different, after comparing the various aspects as listed above.

Unemployment is one of the largest problems within the welfare system. Since unemployment is one of the country’s biggest concerns there should be a system to support those affected by it. One of the problems is that many applying for unemployment are unskilled. This can be fixed by providing job training. Another one of the problems with unemployment is created by the requirements that must be met in order to receive and retain benefits. A solution to this is to change the constraints associated with unemployment benefits. The biggest issue is that those living off unemployment can not afford all their necessary expenses even after they have been re-employed. One fix for this is to create a tiered system of benefits. Therefore, solutions

However, life has changed, globalization and feminism have had a huge impact on the work environment all around the world. Technology has also made many jobs easier, yet very, very similar. Because of these changes, unemployment has become an issue all around the globe. The government views the unemployment situation as an individual problem.  From the government’s perspective, unemployment is due to the lack of training of the individual.  However, because

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. “Long term unemployment can often be financially, emotionally, and psychologically de-structive” (Krulick). In order to maintain a place in society, a person must be able to pay bills, support a family, and contribute to the community. Unemployment in the United States is a ma-jor social problem; better plans should be started by the government to help reduce the

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. “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).

With the United States population steadily growing larger in quantity, and the United States simultaneously losing employment opportunities leads to a seemingly dim future for today's youth. The unemployment rate for young people ages 14-24 have risen over the past years. Many young people lack the skills and resources to obtain employment, while older youth who graduate college have a difficult time obtaining a job, especially one in the field they attended school for because of the lack of graduate jobs available. Even though there are some programs that assist youth with obtaining a job temporarily such as the Summer Youth Employment Program in the New York State, this still is a significant issue that must be addressed. The negative effects that unemployment has on the youth is that they will lack the opportunity to gain work experience early to

When just a regular person writes his or her check, and he or she doesn’t have that money in the bank, the check most likely doesn’t go through. So, why can the government get away with writing Americans checks when there is also no money in their bank? If there is money to be spent, why would it be given to a person with no job? The Unemployment rate is at 5.8% according to the Labor Force Statistics from the Current Population Survey in October 2014. The rate has been shifting over the last 10 years. It will go up and it will go down over the next 10 years as well. Unemployment is a debatable topic with tons people, but is it aiding or hampering our country? The United States government should rid themselves of unemployment, because it makes

The United States economy suffered a period of economic decline, which is known as a recession, for eighteen months from 2008 to 2009. Since then the U.S. economy has enjoyed an ongoing period of economic growth, which is known as a recovery or an expansion. This expansion can be tracked through the decrease of the unemployment rate and the increase in consumer spending.

I 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, “ 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 occupational status, reflected changes in the composition of the unemployment and in the UI takeup rate”. Their article also wrote that “[Their] [f]ocusing on the composition of the UI population by major demographic and job characteristics—gender, race and ethnicity, age, education, industry, and occupational status—it uses data from the BAM program, established by the U.S. Department of Labor to monitor calculations of UI eligibility and the provision of benefits by states.” I will use these trends to show how they relate to Mississippi in the O-S-R-O-R model because even though their focus was on the United States as a whole certain aspects relate to Mississippi and its recent trends on unemployment and its benefits.

With foreign manufacturing industry entering Singapore market the manufacturing sector and its share in GDP grew from 16.6% in 1965 to nearly 30 % in 1980 and in 1993 manufacturing contributed to about 28 % of the total GDP and accounted for nearly 28% of employment. Singapore’s GDP raise to 13 times between 1960 and 1999. The nation has shown greatly decrease of figure of poverty. (United Nations 2000)

However, the development of Singapore’s society cannot be predicated on pure economics alone. Even though globalization has enabled Singapore to fare well in economic development, however, termed the perils of success, globalization has brought about undesirable

Singapore is an island that lies just off the southern tip of the Malay Peninsula between the South China Sea and the Indian Ocean. Its strategic location on major sea lanes has provided the country with an economic importance in Southeast Asia. Singapore is often considered as a base for global enterprises looking to expand into Asia and Asian enterprises looking for global connectivity. Located at the heart of Asia, Singapore is sitting at the centre of business opportunities. Having the four key attributes - Trust, Knowledge, Connected and Life, Singapore is being positioned as an ideal city to Work, Live and Play. Singapore was ranked first in Mercer’s Quality of Living Survey 2009.

The Republic of Singapore celebrated its 42 years of independence in year 2007. Situated at the southern tip of Malaysia, Singapore currently holds a population of 4.68 million as of June 2007. At 704.0km2, it is ranked 4th in the world for its population density. During the past four decades, the economy as measured by real Gross Domestic Product (GDP), multiplied by over 20 times (Ghesquiere, 2007, p.11). As a small and extremely open economy, Singapore long term survival is very much dependent on the ability to maintain its viable position and remain afloat in the sea of global competition (Mun Heng et al, 1998, p.14).