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.
Discuss the notion of vulnerable employment along the following dimensions:
(a) sector of employment;
(b) type of employment;
(d) working conditions;
What has happened to vulnerable employment as an effect of the GFC?
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.
Discuss the role of policies directly to support Small and Medium Enterprises at the light of their relationship with both labour and credit markets.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more