首页
登录
职称英语
(1)You know tilings are bad when the nation loses 11,000 jobs in November an
(1)You know tilings are bad when the nation loses 11,000 jobs in November an
游客
2023-12-03
23
管理
问题
(1)You know tilings are bad when the nation loses 11,000 jobs in November and Americans are overjoyed. Sure, unemployment has come down a meager 0.2 percent to put us at 10 percent, but that’s still me worst level in decades. And more important, there’s no real end in sight. Even if jobs start to come back sooner man expected—which may happen as more stimulus money starts to kick in—U.S. unemployment is likely to remain high for years to come, as much as 7 or 8 percent even into next year. "The average American will not be better off in five years—unemployment will remain high and wage growth will continue to be flat," says George Soros, who forecast an "age of wealth destruction" four months before the crisis hit.
(2)But in this recovery, flat is the new up. Any near-term uptick in jobs will probably be small, because there’s still plenty to be milked from existing workers. November’s numbers show mat the average workweek is only 33 hours, giving bosses plenty of room to crack the whip before hiring new employees. And one big reason for me November surprise was that the Obama administration has spent billions making sure job losses weren’t worse. Even if me administration diverts bank-bailout money to support small businesses, as has been suggested, it will be impossible to replicate the stimulus surge of this year. Growing debts simply don’t allow Washington to spend much more.
(3)One of the key differences between this recession and past ones is that credit has remained so tight for so long. Even though interest rates remain as low as they were in the easiest years of easy money, the cash simply isn’t flowing. This is particularly devastating for the small businesses that create two thirds of America’s new jobs; they depend largely on bank loans, which have tailed off 17 percent since last year. Nobel Prize-winning economist Joseph Stiglitz, who attended Obama’s recent jobs conference in Washington, notes that small-business owners also tend to raise capital via home refinancing and credit cards. Now that the mortgage market has collapsed, and credit limits are being slashed and rates raised to 30 percent, neither of those options are viable. "There’s simply no magic bullet for jump-starting job creation right now," says Stiglitz.
(4)Meanwhile, globalization continues to take a toll, even on white-collar jobs. Emerging markets like China and Brazil have come out of the financial crisis richer and stronger; their better-educated, more-productive workers are increasingly able to perform jobs higher up the food chain. A recent McKinsey Global Institute report found that 71 percent of U.S. workers hold jobs for which there is decreasing demand, increasing supply, or both. Even million-dollar-a-year McKinsey consultants should be worried; how much longer will it be before $200,000-a-year partners at India’s Infosys eat their lunch?
(5)The cultural and political implications are sobering. Studies show that high unemployment has disastrous consequences for civic engagement. Depressed, laid-off people retreat from their churches, schools, and ballot boxes, an effect that is viral. "Having ever been unemployed makes you permanently less connected to your community," says Harvard professor Robert Putnam, author of Bowling Alone, the bestseller on social disengagement in America nearly a decade ago. Consider that unemployment among black men ages 16 to 19 stands at a devastating 57 percent, up from 34 percent in November two years ago. Couple this with the fact that the crisis may exacerbate the gap between rich and poor, which has been widening since the 1980s, and you have a situation ripe for ugly, populist politics.
(6)Any long-term fixes will mean focusing on primary-and-secondary-school education, to ensure a globally competitive workforce, and on affordable health care for all to help buffer wage inequality. Neither is simple or cheap. But they are crucial if Americans want to maintain their standard of living. A new Fidelity survey found that one in four workers aged 22 to 33, part of this new recession generation, now say they want to stay with the same employer for life, up from last year’s 14 percent. It’s a touching commitment. The question is how many employers are really looking to get hitched. [br] Which of the following does NOT contribute to the high unemployment rate in America?
选项
A、Economic recession.
B、A downturn in small businesses.
C、Competitive foreign workforce.
D、Inadequate government aid.
答案
D
解析
由第2段第4句可知美国政府提供了大量资金帮助就业,D与原文意思相反,不是原因之一,为正确答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3240127.html
相关试题推荐
Mr.Starristoogoodahistoriantoofferanypatexplanation;instead,heconc
Ihaveadreamthatonedaythisnationwillriseupandliveoutthetruemeani
这位民族英雄没有死,他的故事照亮了千百万人的心。Thisnationalheroliveson,hisstorylightinguptheh
Thosestudents,whohavepassedtheexamination,theyneedn’ttakethecourseth
Whilemanynationshaveagingpopulations,Japan’sdemographiccrisisistr
Whilemanynationshaveagingpopulations,Japan’sdemographiccrisisistr
Whilemanynationshaveagingpopulations,Japan’sdemographiccrisisistr
Whilemanynationshaveagingpopulations,Japan’sdemographiccrisisistr
Thegovernment’scontinuingfailuretoaddressournation’sgut-wrenchingu
Thegovernment’scontinuingfailuretoaddressournation’sgut-wrenchingu
随机试题
[originaltext]Goodbye,Lina,thankyouforyourtime.[/originaltext]A、Youarew
当火灾探测器发出火警信号时,火灾报警控制器即发出火灾声、光报警信号,同时启动水喷
OraclePrimaveraP6软件能使用户轻松( )多个工程。A.控制和协调
淫羊藿的入药部位是A.全草 B.叶子 C.皮 D.根
以下不属于施工机械的单机核算内容的是()。A.施工现场项目经理工资 B.
销货单连续编号,针对的是营业收入的()认定。A.发生 B.完
某隧道根据定期检查结果,将开展专项检查,根据专项检查相关知识回答下列问题。(4)
严禁在堤身两侧设计规定的()内取土A、保护范围 B、管理范围 C、30m范围
先天性梅毒牙指A.成釉细胞增生突入牙乳头 B.牙齿发育时牙乳头组织向成釉器突起
以下关于物价风险的表述中,错误的是()。A.一般而言,在物价指数上涨时,全新价
最新回复
(
0
)