This was mainly because of Europeans entering America. Between 1930 and 1970, there was a large decrease in immigrant population in the United States. It was at an all-time low of about 5 percent, due to the Restrictive Immigration Legislation cause mostly by World War II. New Admission Laws were made in 1965, which caused the immigrant population of South Americans, and Asians to enter the U.S. Ever since then the amount of illegal immigrants has increased with the years.
There was a drastic drop in consumer spending and a pile up of unsold goods which slowed down production. Whilst this was happening stock prices continued to rise and by the end of that year prices had reached levels that were unjustifiable from anticipated future earnings. During the peak of The Great Depression, industrial production in the US dropped by 47% and the real GDP had declined by 30%. The most concerning out of these statistics was the unemployment rate which was said to have exceeded 20% at the height of The Great Depression. The average income of a conventional American family had decreased by 40% from 1929 to 1932.
With so many young men leaving Mexico, there has been a rapid decrease in Mexico’s work force. This can be problematic because this would result in a high dependency ratio. There are a lot less workers in Mexico, which means that there are fewer taxpayers. The elderly and youthful populations are not capable of working which will disturb the economy of Mexico. Another problem with this is that the birth rate will drop in Mexico, as there are a lot more young woman seeking partners than
Barclays lost more money than they could have made by the fines they are currently paying for their role in the manipulation of the Libor rate. The company is being sued by other companies because of the money they’ve lost in the process of manipulation of the Libor rate. Who suffered from the manipulation? Consumers and municipalities suffered a great loss due to the manipulation of Libor rates by the banks that were involve in the scandals. Municipalities around the states suffered up to 400 million on the Libor manipulation scandals.
1.1) The current Unemployment statistics in South Africa according to: • The General Population South Africa’s unemployment rate stands at 25.2%, creeping up by 1.1% from last year. There are now more than 5m people without work • Youth Unemployment Unemployment among the youth (15-34 years) is a staggering 52.20%. 1.2) Factors that contribute to these Unemployment Statistics: GENERAL POPULATION • Political – Unequal Education From a political standpoint, it is evident that apartheid had robbed many individuals of proper and basic education. Although, Black Economic Empowerment (BEE) programmes were initiated post-apartheid, it is evident today that the inequalities BEE were meant to address have not been dealt with efficiently.
They increase all the socio-economic issues that our community is facing. Crime and poverty increases and this lead to an increase in unemployment and HIV/Aids in our community. Most of them end up using drugs and they become addicted in using illegal substances which is something not good for their health. 1.2 Problem statement How can we help our youth from dropping out of school? And in what ways can we help them.
The United States has promises of freedom, equality, and access to opportunities for all in order to build a life. For millions of individuals that promise is lost to them. Living your life in a sequestered bubble is dangerous, one is so focused on their own lives that they are ignorant to the suffering around them. It is important to let the reality kick in, and learn that this country is hurting due to such high levels of violence. There are several factors that contribute to these levels of violence, such as the war on drugs, mass incarceration, and militarization of the police.
A statistic shows that China had 4.09% of people in China was unemployed in 2014. If the unemployment rate is high, it will cause that country become dangerous, because it will cause crime, such as theft, doing the illegal things and others that are dangerous. According to Xin Hua News (2015), more than 168,000 narcotic-crime suspect was arrested by police in 2014. There had about 70 tonnes of drugs, including 25.9 tonnes of methamphetamine and 9.3 tonnes of heroin. Unemployment will cause lower salaries because more workers but less jobs, so the people that cannot find a job in China they will find a job in other countries.
Revenues and benefits go to the wealthy at the expense of everyone else. For instance, the middle class is progressively shrinking. According to White House’s Council of Economic Advisers, the percentage of people who are middle class has fallen from 50 percent to 42 percent. On the contrary, a 2012 report by the Congressional Research Service reveals that the wealthiest 10 percent of households went from controlling 67 percent of the country’s wealth in 1989 to almost 75 percent in 2010. Moreover, this uneven distribution of wealth has contributed enormously to increased poverty and deprivation in the US.
The main part of this investment will be the United Arab Emirates (Dubai in particular). The financial crisis led to layoffs of organization, the unemployment rate is the highest in the United States 26 years ago, and the like is the case in India, China, England, Japan, Pakistan and other counties. . This creates world peace may affect people's despair. More, many analysts say, many Third World countries, the government will cut its budget to reduce spending on