Employment and Its Effect on Economics :: Economy United States Essays Business

How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come? What is the current state of our economy? Well many economists think that this year the economy will slowdown. In the last ten years or so our ecomony has been driven by factors such as high consumer spending and the soaring property market, our economy has have already witnessed the housing market slowing down this in turn will have an effect on household spending. As for our manufacturing industry this has reported its worst fall in output in more than 10 years, increasing fears over the health of the UK economy. Also Factory production it is reported fell by 4% in the year 2002, This is the largest annual slump since 1991, this is according to figures from the Office for National Statistics. Britain's manufacturing industry is going through its worst recession since the early 1990s, however high consumer spending has so far protected the wider economy. 2004 has seen a rise in economic growth both in the UK and worldwide. Britain has had what economists call full employment for quite some time the problem for the future is that this could soon change and we could end up like germany with 10.5 % of the population out of work. The reason that this could happen is that many jobs that exist today were created by the boom in the housing market in the 90?s however in the last four years or so house prices have doubled which has resulted in lower consumer spending growth this in turn has an knock on effect on the on the level of employment required in the retail industry and this is a problem. How can employment be classified? There are four types of job. These are primary, secondary, tertiary and quaternary jobs. Primary jobs involve getting raw materials from the natural environment e.g. Mining, farming and fishing. Secondary jobs involve making things (manufacturing) e.g. making cars and steel. Tertiary jobs involve providing a service e.g. teaching and nursing. Quaternary jobs involve research and development e.g. IT. Employment Structures Employment structure means how the workforce is divided up between the three main employment sectors - primary, secondary and tertiary. Employment structures change over time. Developing Countries usually have a high percentage of the population in primary employment.

Math Essay

At the end of each unit, DB participation will be assessed based on both level of engagement and the quality of the contribution to the discussion. At a minimum, each student will be expected to post an original and thoughtful response to the DB question and contribute to the weekly dialogue by responding to at least two other posts from students. The first contribution must be posted before midnight (Central Time) on Wednesday of each week. Two additional responses are required after Wednesday of each week. Students are highly encouraged to engage on the Discussion Board early and often, as that is the primary way the university tracks class attendance and participation. The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each week. A grandmother is looking for a plan to finance her new grandchild’s college education. She has $50,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the future value of the investment. You must use the advertised interest rate, the number of compounding periods per year, and the time the funds will be invested. If you are not given the number of compounding periods a year, make it up. 1. The principal is $50,000. This is P. 2. Research the annual interest rate for your investment. This is r. 3. State the time in years for the investment (as in when the new grandchild will be attending college). This is t. 4. State the number of compounding periods per year. This is n. 5. Model the future value of Grandma’s investment as an exponential function, with time as the independent variable: F(t) = P(1 + r/n) nt 6. State the future value of Grandma’s investment. 7. Use the internet or library resources to find the average cost of a college education today; will grandma’s investment be able to cover the cost in today’s dollars; what about in the future? 8. Summarize your findings in writing using proper style and grammar. 9. Include references formatted according to APA style. 10. Respond to a classmate’s posting. If you think there may be an error, feel free to help your classmate without providing the correct answer. Otherwise, analyze the post in comparison to yours or add new information to the discussion. In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings. For assistance with your assignment, please use your text, Web resources, and all course materials. | |

Global Warming Latest Oceans

The  Intergovernmental Panel on Climate Change (IPCC)  published its fifth Assessment Report in 2013-2014, synthesizing the latest science behind global climate change.  Here are the highlights about our oceans. The oceans play a unique role in regulating our climate, and this is due to water’s high specific heat capacity. This means that a lot of heat is needed to raise the temperature of a certain amount of water. Conversely, this large amount of stored heat can slowly be released. In the context of oceans, this capacity to release vast amounts of heat moderates climates. Areas that should be colder because of their latitude remain warmer (for example, London or Vancouver), and areas that should be warmer remain cooler (for example, San Diego in summer). This high specific heat capacity, in conjunction with the ocean’s sheer mass, allows it to store more than 1000 times more energy than the atmosphere can for an equivalent increase in temperature. According to the IPCC: The upper ocean (from the surface down to 2100 ft) has been warming since 1971. At the surface, sea water temperatures have risen by 0.25 degrees Celsius as a global average. This warming trend was geographically uneven, with areas of greater warming rates in the North Atlantic, for example.This increase in ocean temperatures represents an enormous amount of energy. In the Earth’s energy budget, 93% of the observed increase is accounted for by warming ocean waters. The rest is manifested by warming in the continents and melting of ice.There have been significant changes in how salty the ocean is. The Atlantic has become saltier due to more evaporation, and the Pacific has become fresher because of increased rainfall.Surf’s up! There is enough evidence to state with medium confidence that waves have gotten larger in the North Atlantic, by as much as 20 cm (7.9 in) per decade since the 1950’s.Between 1901 and 2010, global mean sea level has risen by 19 cm (7.5 in). The rate of increase has accelerated in the past couple of decades. Many continental land masses have been experiencing some rebound (an upward vertical motion), but not enough to explain this sea level rise. Most of the observed rise is due to the warming, and therefore expansion, of water.Extreme high sea events produce coastal flooding and are usually the result of the coinciding effects of a large storm and high tide (for example, the 2012 landing of Hurricane Sandy on the New York and New Jersey coastline). During these rare events, water levels have been recorded higher than during extreme events in the past, and this increase is mostly due to the rising mean sea levels discussed above.Oceans have been absorbing carbon dioxide from the atmosphere, increasing the concentrations of carbon from man-made sources. As a result, the pH of the oceans’ surface waters has decreased, a process called acidification. This has important implication for marine life, as the increased acidity interferes with shell formation for marine animals such as coral, plankton, and shellfish.Since warmer water can hold less oxygen, the concentration of oxygen has decreased in many parts of the oceans. This has been most apparent along coastlines, where nutrient runoff into the ocean contributes also to lower oxygen levels. Since the previous report, vast amounts of new data were published and the IPCC was able to make many statements with more confidence:   it is at least very likely that the oceans have warmed, the sea levels have risen, contrasts in salinity have increased, and that the concentrations of carbon dioxide have increased and caused acidification. Much uncertainty remains about the effects of climate change on large circulation patterns and cycles, and still relatively little is known about changes in the deepest parts of the ocean. Find highlights from the report’s conclusions about: Observed global warming effects on the atmosphere and land surface.Observed global warming effects on the ice.Observed global warming and sea level rise. Source IPCC, Fifth Assessment Report. 2013. Observations: Oceans.