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The problem is that the congress passes a reform that they have very little information on and what they have previously not thought about therefore creating very expensive standards in the market and at the same time the standards make very little difference globally. The best illustration to this scenario is the happenings in 1970 while adopting the auto emission standards (Heidi, 2013). Absence of government regulation on markets will give room to better achievement of safety objectives, productivity and health but limited to the use of psychometric tests.
Its absence will also give way to better and more technology, greater rates of employment and improved drugs to take care of the sick in hospitals and homes. In a free market approach without government regulations, there are more advantages like great deal of freedom to individuals when it comes to the process of decision-making. There is also efficiency in allocation of resources to various uses. The achievement of the efficiency is mostly through the price system. Many know that changes in prices direct buyers and sellers behaviors since they act as signals to them (Heidi, 2013).
Directly affecting the employability, government regulation halts risk taking and innovation and interferes with production therefore resulting to decline in employment. This for example has to do with government regulation costs where people or businesses in the market lack enough money for investing in taking risks with new technology and ideas. This denies a company the chance to expand their market and hire more workers. Government regulation on employability over regulates through setting standards for each aspect of.
This essay starts off with talking about technology and globalization, which has brought about the use of psychometric tests while recruiting employees. Just recently, software came up relieving the employer the duties of recruiting and hiring his or her employees manually. For organizations using this phenomenal, all they need is update what they want on the internet and those seeking jobs and meeting the qualifications highlighted by the employer, the computer automatically selects the person for short listing.
The essay follows one of the main points with information about pressure mounts on to the congress for example to pass the reform law fearing that it may not get reelection leaving many unemployed youths stranded with their papers in the name of “Psychometric tests”. This is where the media comes in with a negative contribution by focusing only on the bad side of the problem rather than concentrating on the best possible solutions of fixing the problem. Then the essay discusses its problems.
The problem is that the congress passes a reform that they have very little information on and what they have previously not thought about therefore creating very expensive standards in the market and at the same time the standards make very little difference globally. The essay concludes with a valuavle point, telling us tgat for an employer to get a matching employee, he or she needs not to put up an interview to get the best, internet does all that work giving the employee to key in details and submit the curriculum vitae online.
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