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    Rhythm Talukder
    This document is an assignment submission for a computer applications course. It was submitted to the lecturer Jerin Haque Chhanda by student Md. Hasibul Hasan Talukder on May 28, 2020. The 3-page document discusses issues related to unemployment in the United States, including rising unemployment since the 2008 financial crisis, ethical implications of unemployment and factory closures, criticisms of hiring standards and lack of training, and some efforts by businesses to address unemployment.

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    Submitted To: Assignment

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    Rhythm Talukder
    27 views3 pages
    This document is an assignment submission for a computer applications course. It was submitted to the lecturer Jerin Haque Chhanda by student Md. Hasibul Hasan Talukder on May 28, 2020. The 3-page document discusses issues related to unemployment in the United States, including rising unemployment since the 2008 financial crisis, ethical implications of unemployment and factory closures, criticisms of hiring standards and lack of training, and some efforts by businesses to address unemployment.

    Original Title

    UNEMPLOYMENT

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    This document is an assignment submission for a computer applications course. It was submitted to the lecturer Jerin Haque Chhanda by student Md. Hasibul Hasan Talukder on May 28, 2020. The 3-page document discusses issues related to unemployment in the United States, including rising unemployment since the 2008 financial crisis, ethical implications of unemployment and factory closures, criticisms of hiring standards and lack of training, and some efforts by businesses to address unemployment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views3 pages

    Submitted To: Assignment

    Uploaded by

    Rhythm Talukder
    This document is an assignment submission for a computer applications course. It was submitted to the lecturer Jerin Haque Chhanda by student Md. Hasibul Hasan Talukder on May 28, 2020. The 3-page document discusses issues related to unemployment in the United States, including rising unemployment since the 2008 financial crisis, ethical implications of unemployment and factory closures, criticisms of hiring standards and lack of training, and some efforts by businesses to address unemployment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Assignment

    Course Title: Computer Applications


    Course Code: CST 1206

    Submitted To
    Jerin Haque Chhanda

    Lecturer

    School of Business & Economics, UIU

    Submitted By
    Md. Hasibul Hasan Talukder
    Id- 111 201 258
    Section-E

    Date of Submission: 28 May 2020

    Page 1 of 3
    UNEMPLOYMENT

    An Issue of Discontent

    After realizing that the current pool of prospective employees lacks many basic skills necessary
    to work, many companies have become concerned about the quality of education in the United
    States. Unemployment has become a significant problem since the onset of the financial crisis
    in 2008. In the years following, unemployment reached as high as 10 percent in the United
    States. Although it has fallen to about 6 percent since then, many consumers remain
    unemployed.

    Most would argue that unemployment is an economic issue, but it also carries ethical
    implications. Protests often occur in areas where unemployment is high, particularly when
    there seems to be a large gap between rich and poor. In Milan, Italy, high rates of
    unemployment caused consumers to protest as top leaders from the European Union attended
    a conference. Italian protestors were opposed to the hiring and firing rules being proposed by
    Italy’s prime minister. They called for laws that would provide more protection for workers
    terminated without cause. Factory closures are another ethical issue because factories usually
    employ hundreds of workers. Sometimes it is necessary to close a plant due to economic
    reasons. However, factory closures not only affect individual employees, but their communities
    as well. When an Electrolux factory moved from Webster City, Iowa, to Juarez, Mexico, the city
    of 8,000 people lost its main employer. This is having repercussions on other businesses in the
    area because more unemployed people mean fewer sales.

    Another criticism levied against companies involves hiring standards. Studies appear to show
    that while there are plenty of people unemployed, approximately 35 percent of companies cite
    employees’ lack of experience as to why there are so many unfilled positions. Yet only about 28
    percent are investing in more training and development for new hires. While it is important for

    Page 2 of 3
    employees to have certain skills, many feel that businesses must be willing to train employees if
    they want to fill their vacancies and decrease the unemployment rate.

    On the other hand, several businesses are working to reduce unemployment. After becoming
    frustrated with high unemployment rates, Cincinnati-based Fifth Third Bancorp partnered with
    Oregon-based Next Job to try to get unemployed bank customers reemployed. The two
    organizations collaborated on a website that featured job seekers who needed employment
    and provided one-on-one coaching. More recently they have taken this endeavor a step further
    by featuring the stories of three job seekers and engaging the public to use their social
    networks to connect each job seeker with a potential employer.

    Additionally, businesses are beginning to take more


    responsibility for the hard-core unemployed. These are
    people who have never had a job or who have been
    unemployed for a long period of time. Some have mental
    or physical disabilities; some are homeless. Organizations
    such as the National Alliance of Businessmen fund
    programs to train the hard-core unemployed so that they
    can find jobs and support themselves. Such commitment
    enhances self-esteem and helps people become
    productive members of society.
    The End

    Page 3 of 3

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