Global Labour Markets custom essay

[meteor_slideshow slideshow=”fe1″]

Question 1:
While we celebrate the limited impact that the GFC had on the Australian economy, globally, the situation is very different. The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007, on the eve of the global crisis, the International Labour Office (ILO) said in its annual Global Employment Trends report. “The increase that we’ve seen is the largest since we began tracking these global and regional trends in 1991 and in some countries we actually know this increase in unemployment is the largest they’ve seen since the Great Depression,” said Lawrence Jeffrey Johnson, who directed the publication of the report.
Explain in your own words, why a reference to the jobless is more meaningful than a reference to unemployment in the global context.

Question 2

Discuss the notion of vulnerable employment along the following dimensions:
(a) sector of employment;
(b) type of employment;
(c) wages;
(d) working conditions;
What has happened to vulnerable employment as an effect of the GFC?

Question 3

A number of policies have been suggested to stabilize economies hit by the GFC. Consider the following policies:

(a) cuts in government expenditure
(b) social programs supporting health and education;
(c) policies that increase labour productivity

For each policy define their impact on GDP and employment growth, and illustrate their impact on the quality of employment.

Use tables from the weekly readings whenever appropriate.

Question 4

Discuss the role of policies directly to support Small and Medium Enterprises at the light of their relationship with both labour and credit markets.

[meteor_slideshow slideshow=”fe2″] has been offering academic support services to students since 2002 and more than 60% of our customers are return clients. We have skilled and experienced writers in all academic levels and subjects. Entrust us with your assignment and you will get a custom essay which is 100% original within its deadline. Get value for your money, confidentiality is guaranteed and customer support services/communication with your writer are available 24/7. Place your Order Now.

Focus Essays has been there for more than 10 years to offer students like you academic writing services.

Get our experience by placing an order with us and use the discount code PAPER15 to get 15% discount on all orders.

We deliver URGENT ORDERS within 6 hours. Get a quotation from the calculator below.