8) 2013 should be the darkest year for American Apparel till date. Net loss has reached an all-time high with 106 million USD in 2013, which is a 400% increase compared to only 37 million USD in 2012. The year was more disastrous because their operating expense was too high due to strategy for inventory management and finishing the E-Commerce platform. The service via E-Commerce wasn’t up to the mark because it was underprepared leading to further loss. 9) The sales of the company have increased relatively in 2013 but it is cancelled out by their exorbitant net loss.
The figures show that the economic recovery which led to stock market rally has not yet found its way to ordinary wage earners. The working poor are counted in the US as a person who has been in the workforce for at least 27 weeks (as employed or unemployed), but whose income did not reach above the level you have defined as a kind of minimum decency threshold. The biggest differences in how common it is to be working poor is visible when the figures are broken down by educational level. Education can serve as an approximate measure of class. The higher the education level, the less likely it is to be working poor, and it is the pattern for all ethnicities and both
Debt has overcome the children of america. College gets teens into debt straight away. Right after highschool debt is already started for them. Life beings with debt. In a survey done by pew research center they found that four in ten US households (37%) have student debt.
This means that we are one of top five developed countries with the most poverty among the richest nations. Also, more than 4.9 million of these poor children are under 5 years old. As stated in The Guardian, the Unicef Annual Report explains that poverty has increased since 2008. The global recession is the primary reason for the increase in poverty as unemployment rates left many families unable to provide care for their
FAO reported that 2008 was the second largest crop in history. That same year, according to Action International, five million children died of hunger. It has been shown that the planet can produce food for a population more significant than the current one. However, 1.02 billion people suffer from famine (1 in 6.5), and 100 million more joined last years. The poor are not responsible for hungry lives, without water and electricity.
Fairchild (2002) reports that at the point when low-wage understudies enter fifth grade they are up to two years behind their associates of higher financial status in perusing appreciation and perusing acknowledgment aptitudes.Arithmetic calculation was significantly more powerless to learning misfortune over the mid-year than perusing. Understudies are well on the way to overlook aptitudes kept up through reiteration for example, math certainties and calculation, while ideas are for the most part kept up at a higher level. In every one of the studies looked into there was a consistent decrease in accomplishment from third evaluation on. Understudies from low financial gatherings appeared considerably bigger decreases in accomplishment scores in perusing and dialect abilities than their
China, a high GDP country has one of the largest amounts of people densely packed into multiple cities include Hongkong, Shanghai and Guangzhou. But that 's when they start cutting corners. Recently, a study that was conducted showed that “about 7.74% of children aged from 10 to 15 were working in 2010, and they worked for 6.75 hours per day on average and spent 6.42 hours less per day on study than other children. About 90% of child labourers were still in school and combined economic activity with schooling” (Tang). This accounted for the children who could not get the schooling and therefore get forced into labour.
In 2011, Korea's spending on private education per high school student averaged 218,000 won per month, with the parents in the country spending a total of 20.1 trillion won for it as a whole (‘43% of Koreans Receive Higher Education’). This tell that Korean spends enormous money on private education. Not only high school or middle school students but elementary school students are attending private school. According to the Ministry of education, it is confirmed that EBS(Korea Educational Broadcasting System) is decreasing private education. Expense to English and math was both more than 160,000 won decreased in average each year (‘“EBS Decreases Private Education”..both English and Math More than 160,000 Won’).
The United States of America has established that its economic health depends on the academic success of its students. Data from the National Center for Education Statistics (NCES,2005) indicate that Caucasian, African American and Hispanic young adults who have at least a Bachelor 's Degree have higher median earnings than their peers with less education; African American college graduates earn 60 % more than high school graduates; African American workers who dropped out of high school earned 30% less than high school graduates . In general, young adults with a Bachelor 's Degree are less likely to be unemployed than their peers with less education and this pattern holds for all three racial groups (NCES, 2005). Subsequently, the decline in academic achievement has been on the rise and is influenced by external factors within the school system. Students that are less educated in today’s society are more likely to have difficulties in setting priorities and making appropriate life choices.
The Philippines is turning into a nation of grade school drop-out.” This is the strong statement of Brago (1996) in her column in Manila Chronicles. We may not want to accept that statement but the reality is manifested in the following records: • According to World Bank (WB, 2014), in 2012, 58 million children were out of school; in which half of these lived in conflict-affected countries. • Dumlao (2006) reported that 18.1% of children aged 6 to 12 (of primary school age) in the Philippines were out of school. • Most of drop-outs (740,000) come from the public elementary school according to the records of statistics and research division and more than 300,000 public high school students have also stopped schooling, Carcamo (2000) said. • Contreras (1998) noticed that 60% of the attrition of children from school happens in Grades 1 and 2.