Employment prospects beyond the year 2010 - Term Paper Example The wide extent of policy actions applied by different governments during the beginning of the recession has helped stabilize financial markets and advance faster recovery, but there are still structural problems that should be conquered, and this happens to be the more challenging aspect of addressing systemic causes of the recession (United Nations, 2011, p.1). For instance, even when the banking sector made some progress in disposing some problematic assets, it is still susceptible to multiple risks. Those risks can further depreciate real estate markets, distress sovereign debt markets, and reinforce low credit growth (United Nations, 2011, p.1). Many developing countries and economies in transition, however, are demonstrating more positive signs of growth, since the third quarter of 2009 (United Nations, 2011, p.1). A strong economic rebound has been posted by emerging economies in Asia and Latin America, chiefly China, India and Brazil (United Nations, 2011, p.1). These countries mostly used policy buffers, such as sufficient fiscal space and foreign-exchange reserves, to generate “aggressive stimulus packages†(United Nations, 2011, p.1). ... Constant high levels of unemployment, with rising numbers of workers who lacked jobs for protracted periods, are holding back private consumption demand (United Nations, 2011, p.1). They also contribute to escalating housing foreclosures, which are adding to the frailty of the financial system (United Nations, 2011, p.1). High unemployment and underemployment also harm public finances too (United Nations, 2011, p.1). This paper will explore the employment prospects beyond 2010 for the United States, Europe, and Asia. Employment Prospects The financial fragility of global economic conditions has affected remunerative employment growth and the latter stands for the “weakest link in the recovery†(United Nations, 2011, p.10). From 2007 to the end of 2009, around 30 million lost their jobs due to the global financial crisis (United Nations, 2011, p.10). This figure is said to even underestimate the entire intensity of the job crisis, since it relies on official labor statistics, which for numerous developing countries, only make up the formal sector employment in urban areas, and so it indicates that there is unrecorded unemployed found in low-productivity and unofficial rural economic activities (United Nations, 2011, p.10). The economic output, especially for developed countries, remain below expected rates, and slow economic growth did not provide enough jobs to hire back all those who lost their jobs since the recession took place (United Nations, 2011, p.10). Furthermore, governments that continue to follow fiscal tightening, which comprises of tax hikes and spending cuts, only depreciate possibilities of greater employment growth rates (United Nations, 2011, p.10). Some developed economies,
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Juvenile crime in the United States is ballooning out of control along with adult crimes, and politicians and law enforcement officials don’t seem to be able to do anything about it. Despite tougher sentencing laws, longer probation terms, and all other efforts of lawmakers, the crime and recidivism rates in our country can’t be reduced. The failure of these recent measures along with new research and studies by county juvenile delinquency programs point to the only real cure to the U.S.’s crime problem: prevention programs. The rising crime rates in the United States are of much worry to most of the U.S.’s citizens, and seems to be gaining a sense of urgency. Crime ranks highest in nationwide polls as Americans’ biggest concern (Daltry 22). For good reason- twice as many people have been victims of crimes in the 1990s as in the 1970s (Betts 36). Four times as many people under the age of eighteen were arrested for homicide with a handgun in 1993 than in 1983 (Schiraldi 11A). These problems don’t have a quick fix solution, or even an answer that everyone can agree on. A study by the Campaign for an Effective Crime Policy has found no deterrent effects of the “Three Strikes and You’re Out†law recently put into effect by politicians (Feinsilber 1A). It has been agreed however that there is not much hope of rehabilitating criminals once started on a life of crime. Criminologist David Kuzmeski sums up this feeling by saying, “If society wants to protect itself from violent criminals, the best way it can do it is lock them up until they are over thirty years of age.... I am not aware of any treatment that has been particularly successful.†The problem with his plan is that our country simply doesn’t have the jail space, or money to ... ... Tribune 8 February 1998: 1B Feinsilber, Mike. “Unrepentant Repeaters Stymie System†Medford Mail Tribune. 28 February: 1A Howell, James C., ed. Guide for Implementing the Comprehensive Strategy for Serious Violent and Chronic Juvenile Off Works Cited Andrews, D.A, Phd. Principles for Effective Delinquency Prevention and Early enders. United States: The Office of Juvenile Justice and Delinquency Prevention, 1995. Howell, James C. and Barry Krisberg. Serious Violent and Chronic Juvenile Offenders. California: Sage Publications, 1995. Juvenile Department, Jackson County. 1997 Report on Programs and Statistics. Salem: Jackson County Juvenile Department. Ryan, Michael. “They’re Turning in Their Gunsâ€. Parade. 3 May 1998: 10-11 Schiraldi, Vince. “Exaggeration of Juvenile Crime Drives Stiffer Penaltiesâ€. Medford Mail Tribune 16 January 1998: 1A
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