Why the Rich are Getting Richer and the Poor, Poorer

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The report of Robert Reich: “Why the Rich are getting Richer and the Poor, Poorer,” is an eye opener and a warning for society regarding unemployment that it will be facing and is currently facing due to a lack of technology and education. It clearly articulates that the jobs of routine producers and in-person servers have vanished totally as modern techniques have replaced them. The author has stated that the only people whose jobs are on the rise are symbol analysts. As stated in the report, symbol analysts are the real problem solvers. Their skills are highly in demand worldwide because they are the ones who first analyze the problem and then solve it. The Hart Report, on the other hand, also states the same problem of unemployment and the global recession which has left employers focusing on employees not only with specialists’ skills but also a “broader range of skills and knowledge” (page 6-7). The Hart Report clearly reflects what the needs of contemporary employers are, but the question is whether it is the universities or the students themselves who fail to cope with the requirements of the contemporary world which is filled with technological advancement and critical thinking. The Texas Work Source has also played an important role in examining what is actually missing in today’s generation and the reasons behind such a great decline in employment. The central Shafiq 2 problem discussed by all the three reports is the employment crisis which the millennials will be facing due to the educational problems, either in the schools or in the students, and at the same time the increasing demand of symbol analysts. All three reports are an eye-opener for the millennials, as they have clearly demonstrated all the prob... ... middle of paper ... ...annot turn the students into symbol analysts, but they can at least take several measures through which they can instill the qualities of symbol analysts in their students and make them deal with the problems they are going to face in the near future. Alamo WorkSource and San Antonio Inc. Creating An Economic and Workforce Advantage: A Regional Workforce Development Summit and SA, Inc.’s Third Economic Roundtable. San Antonio, Tx: Alamo WorkSource, 2005. Hart Research Associates. Raising the Bar: Employers’ Views On College Learning In The Wake Of The Economic Downturn. A Survey Among Employers Conducted On Behalf Of: The Association of American Colleges And Universities. Washington D.C.: Hart Research Associates, 2010. Reich, Robert. “Why the Rich Are Getting Richer and the Poor Poorer.” The Work of Nations. New York: Vintage Books, 1991. Print.
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