Issues of unemployment are not something new as many countries are struggling to solve this issues including Brunei. Brunei’s population have been rising since 2001 (diagram 1). In diagram 2, it shows that Brunei labour force in 2011 was 185,900 people which are higher compare to those in the previous years (175,700 people in 2007 and 179,600 in 2009). With respect to the rising amount of labour force, both the employment for man and women rises (Diagram 2). However, the unemployment rate in Brunei have been fluctuating since 2007 (3.6%) and in 2011, the unemployment rate is at 1.7% (diagram 3). Despite the lower rate, issues of employment are still issues in many countries. According to the education minister, roughly 20,000 school leavers are trying to find jobs. This number account to 5% of Brunei populations. They aimed to reduce the number by 80% as high unemployment can lessen the people quality of life, slower economic growth and create gap between the rich and poor. Higher number of registered jobseekers does not automatically indicate the rate of unemployment.
People are blaming that the foreigner took a large number of available job in Brunei and reducing the local job opportunities. They also claimed that Brunei relies on foreign workers in skilled technical and managerial positions as well as lower paid jobs in construction and retailing. As of December 2012, only 36% or 2187 out of 6130 job positions were taken up by the local and the rest fall to the foreigner (Fitri Shahminan, 2013). Majority of foreigners hired are in retail or construction sector. They have the skills needed, more efficient and more importantly cheaper. Difficulty to find job at their home countries and low level of education attainment have caus...
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...d municipal department in order to increase the employment rate. Numerous job fairs have been held to help reduce unemployment, speed up the process of working and encourage more workers to enter private sectors. Blaming entirely on foreigner for the increasing rate of unemployment can be misleading. There are many other causes of high unemployment in the country. Mindset of the jobseeker should be more open and to accept any job opportunities given. Wage structure in the private sector should be altered to make it more financially attractive for jobseekers to enter and earn enough income for their living. This is one of the important steps needed as jobs in the government sector are limited and qualification requirement are higher. The country can reduce the dependency of foreign workers if the local are willing to take similar jobs that the foreign are taking now.
Ultimately, temporary foreign workers and unemployment are two interweaving issues that Canadian businesses and government officials will have to deal with as the economy seeks to be restarted and refreshed. Though TFWs do not have a strong effect on unemployment—due to their need for unappealing jobs in inaccessible locations—they still spring open a debate on what the government should do in regards to foreign workers and immigrants, how to ensure that Canadians are always considered first for jobs, and what sort of “skills gap” really exists in the country and how it can be dealt with. Canada’s wide and vast geography and numerous natural resources are both a blessing and a curse for its economy and employment. If politicians and business leaders can effectively manage both, it will make the country all the better.
Shanghai is one of the most cities with developed economy due to this many people come to the town to find work. During 1983 and 2000 years the number of migrant workers increased from 0.5 million people to 3.87 million people. A large percentage of migrant workers work on manufacturing (25.8%). 19.6% and 13.9% people earn money on construction and trade, respectively. In public organizations often work native citizens than immigrants. In the other spheres such as skill...
Businesses need workers in order to function, but occasionally the salary employees receive can be a problem. Canadians constantly want a higher pay, but the company or manager supposes the opposite. That is where the role of new immigrants comes into place. New immigrants look for a job when they first arrive, which means that they will accept the first job they acquire. The jobs that citizens do not wish for can be occupied by them. Another problem with the workforce is Canadians not wanting to accept job positions because of being forced to move elsewhere. Newcomers have no trouble with moving for a job because wherever there is work that is their new home. More peopl...
It is well-known fact that in New York City people are able to find job. It influences for arriving a lot of immigrants there. While immigrants work in jobs with little salary, in addition they manage to find jobs with high wage. Foreign-born workers in the City made up 100 PERCENT OF CHEMICAL ENGINEERS, 71 percent of biomedical and agricultural engineers, 40 percent of accountants and auditors, 27 percent of chief executives and legislators, and 21 percent of elementary and middle school teachers (“The Role of Immigrants in the New York City Economy”). The role of immigrants in the New York City economy is very important due to the fact that they ...
There are three main categories of jobs that will not be, that is cannot exported as described by Friedman. “The first is the specialized people, celebrities and those who have special skills like surgeons. The next are local jobs that require face to face and hands on activity. For example plumbers, dentist, and teachers. Lastly the third category is the largest portion it...
Unemployment, it is all too common of a label in this day and age for the American society. In Joshua Cooper Ramo’s article, “Unemployment Nation,” he clearly states: “the government can’t hire everyone” and that there is a decrease in jobs nationally. Ramo’s article was published in the Spetember 21, 2009 TIME magazine and includes many personal tragedies that happened to real Americans who have lost their jobs and are unsuccessful in finding another employer. Many hardships are about to sweep over the United States with an increase in percentage of Americans who are jobless, but with unemployment on the rise, where or how can America create more stable jobs?
As esteemed journalist Tom Piatak wisely puts it, “The trickle of outsourcing threatens to become a flood.” His words speak the truth as outsourcing has left United States’ workers jobless, and it continues to increase the unemployment rate every year. During February of 2009, American workers lost a record 651,000 jobs alone, increasing the unemployment rate to 8.1 percent, the highest it has been in 25 years (Katel). Multinational corporations, hoping to cut down costs and stay profitable in the market, outsource by exporting American jobs to third-world countries such as China and India. It may seem noble that outsourcing provides third-world countries with job opportunities, but the United States’ markets and industries are greatly affected. Outsourcing is harmful to the United States’ economy because it paves the way for job losses, decreases product consumption, and widens the gap between the rich and the poor.
Richard J. Braxton is a Ph.D., Director, at Innovation Center –Index Shared Services. The aim of his article is to understand the problem of youth unemployment in the Gulf Cooperation Council region and how best the government can critically address this issue. He gave several options that can be clear solution to the problem. His emphasized that the GCC countries need to adopt effective training and development programs to provide the unemployed youth with the knowledge, skills, and abilities in order for them to compete for job vacancies.. The article also gave many facts elaborating more on the issue, so that his audience gets more interested and engaged in the topic. The articles outlines so many important steps to be considered by the government, and...
The largest cause of unemployment can be attributed to recession. The term recession refers to the backward movement of the economy for a long period. People spend only when they have to. (Nagle 2009). With people spending less there would be less money in circulation therefore, enterprises would suffer financially and people would suffer too. This is so because recession reduces the fiscal bases of enterprises, forcing these enterprises to reduce their workforce through layoffs. These enterprises lay off their workers in order to cut the costs they incur in terms of wage and salary payments.
International businesses are also finding new ways of increasing diversity abroad. Instead of using expatriate employees as management, they are starting to hire locals. Companies that operate abroad are realizing that using expatriate employees is not a permanent solution. They are often expensive, and are not capable of translating their skills into the new environment. In a company that operates globally, it is important that the company knows how to relate to the local markets, and a great way to do this is by hiring local talent. Hiring locally is cheaper, there is not a language barrier, and they are accustomed to the business environment in the area(5). They can also help the business by providing a new perspective into international markets, and offer ways that the company can improve their diversity abroa...
There are a multitudinous number of both economic and social difficulties associated with unemployment. One fundamental reason why the government particularly stresses on reducing unemployment levels is as a result it poses a great cost on the economy. Not only does it affect the economy, but also it poses a great threat towards the living standards of the unemployed people itself. This could lead to many receiving less or no income based on whether or not they receive unemployment welfare benefits from the government. Reduction in income, would lead to a less disposable inc...
In this essay, I will be talking about how the changes in demographic characteristics of Indonesia over the past 10 years can affect its economy in terms of unemployment, GDP (Gross Domestic Product), and poverty. Unemployment is an economic condition marked by the fact that individuals seeking jobs but remained unhired. A country's GDP is the total market value of all final goods and services produced in a country. Poverty is when the income of people is below the GNP (Gross National Product) per capita of a country with scarcity of means and subsistence.
People need money to purchase all kinds of goods and services they needed every day and sometimes, for goods or services they desire to own. To fulfill that, they have the essential need to earn money. In order to earn money, they must work in either in fields related to their interests or to their qualifications. However, people will meet different challenges during their jobs-hunting sessions, such as many candidates competing for a job vacancy; salaries offered are lower than expected salaries and economic crisis or down which causes unemployment. Unemployment is what we will be looking into in this report. Dwidedi (2010) stated that unemployment is defined as not much job vacancies are available to fulfill the amount of people who want to work and can work according to the current pay they can get for a job they chose to work as. There are four major types of unemployment: frictional, structural, cyclical and seasonal unemployment.
Unemployment rates is the number of unemployed people divided by the number of people in the labor force. According to IndexMundi (2018), the unemployment rate of whole world in year 2017 is 7.9%, which was increased 0.6% compare with year 2016.
There are many people moving from their native countries to foreign countries. It has many reasons such as educational and economical, religious and political problems. Reason of labor migration lack of work opportunities, and receive sufficient income at home. As we know, the number of people who migrate from their native countries is getting higher and keep increasing. According to statistics, Number of labor immigrants was increase to 145855 all over the world between April and June 2013(Immigration Statistics, April to June 2013).This essay seeks to evaluate the positive and negative impacts of labor migration. This research will begin by evaluating the economic effects of job migration, it will then proceed to investigate the social effects.