|
|
|
|
| Home > Global job crisis scenario |
|
Global Job Crisis Scenario |
|
|
|
|
|
The worldwide economic recession has lead to a drastic job crisis scenario. Moreover, according to the predictions, it is expected that the global economic meltdown will lead to some major increase in the unemployment sphere. The economic crisis had a tremendous impact on the job market, affecting all types of organisations and industries. The employees of various organisations are consistently losing their jobs. Today, the world is facing the threat of a severe global job crisis that still might add several million people to the unemployment list of 2009. The global economic and job crisis underscores all the efforts of the various development organisations that frames relevant strategies to promote creation of more jobs.
In US, China, Japan, European countries, North American and almost in all the countries throughout the world, there's a massive growth in the flood of job losses and unemployment rate.
Facts about Global job crisis:
Predictions suggest that the global job crisis situation might deteriorate more in the coming days. With more and more job-cutting in various companies, the employers have started looking for intense professional staffs. What is more pathetic is that most of the renowned multinational companies are making more cut-offs in the number of employees. Nevertheless, the big organisations have resolved to idea of launching an employment website or job boards, that can earn tremendous profits in the job crisis market.
The increasing rate of job-cuts and unemployment have also given rise to major social unrest in the form of massive riots and violent protests. Anti-government demonstrations regarding job protections was also visible in many parts across the world. While in several countries, externally-oriented industries like aviation and BPOs and real estate and insurance industries have also suffered losses. Survey suggests that the present condition will result in some more industrial unrest.
Strategies to overcome the global job crisis:
The reports of the specialised agencies of the United Nations have predicted that the there will be a sharp increase in the number of unemployment people and working poor all around the world. Some of the strategies that can possibly improve the present job crisis condition are:
- More public investment in the community infrastructure, housing and emergency public works.
- Strategies by any government sector, public sector or any private sector should include a wide coverage of the unemployment benefits.
- More and more insurance schemes should be implemented.
- Maximum support should be extended to various small and medium enterprises.
- The development strategies must necessarily include measures promoting job creations, expanding social protection and emphasises social dialogue.
Most importantly, all these strategies should be implemented after a thorough and elaborate environmental diagnosis and analysis of the entire action plan.
|
