Short term crisis - long term problem economic for HR - Essay Example

Comments (0) Cite this document
This is because, economic analysts project that the increasing unemployment rates will lead to reduced wages in future. In…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.6% of users find it useful
Short term crisis - long term problem economic for HR
Read TextPreview

Extract of sample "Short term crisis - long term problem economic for HR"

SHORT TERM CRISIS - LONG TERM PROBLEM and Short Term Crisis - Long Term Problem The increasing rateof unemployment and specifically among the youth in the UK is causing some serious economic and social challenges in the nation. This is because, economic analysts project that the increasing unemployment rates will lead to reduced wages in future. In addition, the same challenge is more likely to cause some serious problems to the overall economic outlook in the nation. However, most of the strategies undertaken to address the challenge of unemployment among the youth in the UK are only short term. This, therefore, is interpreted as trying to apply short term measures in addressing a long-term challenge.
According to the most recent statistics, approximately 264,000 youth in the country has been unemployed for a period not less than 12 months. Some of the proposed recommendations are that the government and all the involved stakeholders within the UK economy should develop long-term measures to address the problem. If the same situation is maintained, there is the likelihood that the unemployed youth will become men while at the same time being poorly qualified and unproductive. Such a situation would work against the economic growth of the nation that sometimes faces competence challenges in the workforce.
One of the greatest challenge that the UK government faces in trying to address the problem is that almost a third of the unemployed youth in the country do not claim unemployment benefits. In such cases, the government is incapable of reaching out to such youth in order to help them secure employment. To further complicate the matter is that some of the youths in the country often find it hard to take the initial steps towards employment. In some cases, unemployment challenges among the youth are often attributed to the youth having unrealistic demands within the job market. While a similar situation may be replicated it the U.K, the challenge of job expectations is less significant considering the various factors that come into play when it comes to m unemployment among the youth in the UK. Some of the best ways of addressing the problem include; improving both local and national coordination to address the employment issue and increasing the part times jobs in the country. Read More
Cite this document
  • APA
  • MLA
(“Short term crisis - long term problem economic for HR Essay”, n.d.)
Short term crisis - long term problem economic for HR Essay. Retrieved from
(Short Term Crisis - Long Term Problem Economic for HR Essay)
Short Term Crisis - Long Term Problem Economic for HR Essay.
“Short Term Crisis - Long Term Problem Economic for HR Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Short term crisis - long term problem economic for HR

Short Term Long Term Goal

...?Prompt: Please answer all parts below: Why are you seeking to pursue your MBA study at this moment of your life? Describe your short and long term career objectives. How will you measure your success? Who do you want to be in the future? What steps will you take to achieve your goal? Explain how an MBA will contribute to these goals. Coming from a family of entrepreneurs, I was taught early in life that while formal education can teach you how to earn a living, self-education can make you a fortune. That is why although I’ve already had a considerable amount of success in my business ventures owing to my raw talent and the aptitude for business that I have gained over the years, I...
3 Pages(750 words)Essay

Short Term Long Term Goal

...understanding of sales and returns was inherent to me right from the start. Since then, I have never lost sight of my goals of pursuing entrepreneurship. In college, my friend and I started a clothing import company which enjoyed considerable sales. I also joined the companies of AXA Advisors, Philip Simon Developments USA, Inc and later Shoesapart, Inc. to learn fundamental business structures and to have an in-depth scope into daily business operations. Despite these developments, I know I can still be better. Thus, my short term goal is getting accepted to the CEIBS MBA program. My recent trip to China made me discover the great business potential that it holds. Not only does it offer accelerated and...
2 Pages(500 words)Essay

Short Term vs. Long Term Memory

...? Short Term vs. Long Term Memory The memory is a very fascinating gift that allows individuals to know everything that they know. However the process by which memories are created, stored and retrieved is not that simple, therefore psychologists have made many models to describe how it works. One such model is the three stage model where memories pass through three stages that are Sensory Memory Storage, Short-term Memory and the Long-term Memory. The Short-term memory consists of the visuospatial sketchpad, the phonological loop and the central executive. However the...
4 Pages(1000 words)Research Paper

Short and Long-Term Memory

... Short and Long-term Memory Introduction The nature of memory has been a prominent concern of psychologists and health care practitioners. Memory oftentimes is dramatically affected by physiological injuries or impacts, such that gaining a deeper understanding of the concept is essential to human health. The nature of memory is not only closely linked to cognitive and neurological functioning, but also is a component of how we constitute our sense of self and reality. An extensive array of medical research has charted major components of human memory. The major memory divisions are recognized as short-term and...
3 Pages(750 words)Research Paper

Professional Goals (Short Term and Long Term)

...? Professional Goals (Short Term and Long Term) of the Nursing of the Concerned May 11, Professional Goals (Short Term and Long Term) It goes without saying that nursing is a profession that is intimately associated with values, service and morality. A nursing professional who is not affiliated to a sense of service and philanthropy is certainly not conversant with the quintessence of nursing profession. However, it is also a fact that professional goals and aspirations also need to be configured in the light of the demand and supply forces governing the job market (Lumby, 2001, p. 127). The contemporary...
4 Pages(1000 words)Essay

Financing: Long Term and Short Term

...? Financing: Long-term and Short-term Heather Jenks Corporate Managerial Finance BUS 657 John Brock Date of Submission: Introduction Any form of investment or business need to acquire finance that they will use in one way or the other in order to get established. Finance makes one of the fundamental requirements for establishment and good running of a business. Finance, however, may be acquired through different methods depending on its availability and the ease of repaying it. Financing means the provision of financial materials that a business requires. There are two major categories of financing that normally exist in most businesses (Jim, 2011). These categories are...
10 Pages(2500 words)Essay

Human Resources management

...satisfying strategic objectives for cost-savings whenever possible. This proverbial juggling act for the HR manager represents even more job responsibilities, however this is highly important to remain a successful business, both internally and externally, after the recession has ended. This requires a human resources manager with considerable strategic ability to recognise how to reach long-term results using short-term human resources strategies. At the heart of the economic crisis is internal business change at the HR level and meeting employee needs is a fundamental aspect of coping in tough business...
10 Pages(2500 words)Essay

Long-term and short-term goals

...When a person possesses a set of long-term goals based on values and principles, short-term objectives logically flow in that order. In the short-run, transferring to a prestigious institution of higher learning is an objective; a successful, productive career in business and management is a long-run goal. Together, these goals and objectives are mutually supportive and follow logically from each other. I recognized this years ago as a child watching my father apply his own knowledge of management principles to his work life in the plastics industry. Moved in part by his success, and in part by my own desire for a thriving career, I have...
1 Pages(250 words)Admission/Application Essay

Short term and long term memory

...cognitive the perspective of psychological science that deals with how we en process, store, and retrieve information Psychological science deals with has to do with things that Every Person Should Really be Interested. This pneumonic phrase allows for a rapid level of recollection with regards to the fact that cognitive process involves “encoding, processing, storing, and retrieving. This technique is easy to create and lasts quite a while; helping these terms to be stored in memory that is longer than just short term. correlation coefficient a statistical measure of the extent to which two factors vary together, and thus of how well either factor predicts the other By associating the correlation coefficient with the process... of...
1 Pages(250 words)Essay

Long-term and short-term effects of alcohol

...has some serious effects or consequences and has terrible results. Some of the long-term effects of alcohol include bowel and breast cancer, sexual and reproductive health complications, cirrhosis and liver failure, nerve damage, family and social problems and brain injuries caused by poor decisions made while drunk. An individual may also cause heart and chest complications and this may lead to serious complications such as hypertension, stroke or heart attacks (Maisto, 2011). Heavy drinkers may also suffer from legal and financial problems from poor performances at the office caused by alcohol addiction. The most serious effect either...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Short term crisis - long term problem economic for HR for FREE!

Contact Us