It is easier to climb the social ladder and earn more than one’s parents in the Nordic countries, Australia and Canada than in France, Italy, Britain and the United States, according to a new OECD study. Intergenerational Social Mobility: a family affair? says weak social mobility can signal a lack of equal opportunities, constrain productivity and curb economic growth.
According to official figures, there are 32,000 people in the UK who are in their 80s and still hard at work, a figure that has increased by more than half in the past 10 years.
In England there are 1,453 GPs, 1,207 hospital doctors and 14,816 nurses and support staff still practising past their 65th birthday
There are 1.016 million workers over the age of 65 in the UKOf these, 324,000 are aged over 70 and 32,000 are over 80Some 12.7% of all men aged over 65 are in work, compared with 6.7% of womenIn the NHS in England there are 1,453 GPs, 1,207 hospital doctors and 14,816 nurses and support staff over the age of 65
China - The most popular online seller for Cheap Nike Shoes which website is www.clothestoworld.org has said that the www.clothestoworld.org Nike enterprise has recently released the outstanding achievement of the first quarter of the new fiscal year. The profit increasing of Nike¡¯s first quarter of the new fiscal year has been up to 38 percent. On the other hand, the operating income has been grown to 8 percent. However, the incoming of Nike in the Chinese market has been fallen to 3 percent.
In the industry view from website clothestoworld.org, the more difficult problem which has been encountered by Nike is short-term growth bottleneck in the Chinese market. In order to solve this problem, the Nike has actively made strategic adjustments to the selling strategic for Cheap Nike Shoes in Chinese market.
In the first quarter of the new fiscal year which has been ended on August 31, people could find Wholesale Nike Shoes that the net profit of selling for Cheap Nike Shoes has been rose to 780 million dollars which has rose 38 percent compared with 567 million sales volumes at last year. The Nike¡¯s charge man has also said that the company¡¯s posted revenue is 6.97 billion dollar.
The reporter from website clothestoworld.org has also noted that the sales volume of Cheap Nike Shoes in China has also had greatly decline although the wholly selling performance of Nike shoes had great increasing in the first quarter of the new fiscal year. Nike's latest filing for sales volume has shown with people that the company's revenue in the Chinese market was 574 million dollars which had been decreased by 3 percent.
In fact, Nike had already announced in July that the Nike¡¯s sales performance in China would have great declining. However, they may not avoid this kind of situation. In the near future, this problem would be solved as soon as possible.
The professional investment advisor has pointed out that the Adidas¡¯s growth performance was not better than that of Nike. This is mainly because Adidas¡¯s failure in the Russian market. The Russian market has been regarded as Adidas's third largest market which could help Adidas have well competition with Nike. On the other hand, the downturn of the global golf market has also caused a greater impact to Adidas.
For Nike¡¯s downturn in Chinese market, some industry insiders such as Handbags Wholesale website clothestoworld.org have believed that this is mainly because the strategies of Nike. Although Nike does not have too much substantive channel development initiatives, they have also taken many actively measurements to adjust their strategies.
Indigenous peoples are the most greatly affected populations by climate change, the so-called “green economy” (which is bullshit in my opinion), and further exploitation by greedy capitalists.
Furthermore, indigenous women and children are the most affected in this group. Hundreds have been tortured and killed by state military groups, corporate mercenaries, etc. and IPs have also been called ‘terrorists’ for defending their homes. This is an outright violation of their basic human right to live and right to self-determination, which concerns the individual, not the state or the government.
Their lives are hanging in the balance and we who can help them, must fight with them.
In the Kari Oca II Declaration, an updated and more modern version of the Kari Oca Declaration which was part of the Rio 1992 conference, indigenous peoples from all over the world, including the IPs from the Philippines, call on everyone to defend their right to self-determination and to look to traditional ways of progress.
The last sentence of the declaration says that “We walk in the footsteps of our ancestors.” I believe we have walked too far from ours. It’s time for solidarity, and it’s time to face the struggle for justice, not just for indigenous peoples, but the entire order of the universe itself.
The Kari Oca II Declaration can be downloaded here; learn what the voices of the mountains and the seas are singing about.
This infographic is brought to you by Rappler, one of the Philippines’ online news blogs.
It shows that the economy of Brazil has changed in the past 20 years, as it has higher GDP and a higher proportion of energy being supplied by renewable sources. However, a trend may appear as the population will continue to grow, and resources will run out and so there will be a higher demand and more wants and needs that wont be able to be satisfied as economic goods will run low.
Highlights the constant changes within phones and technology today-shows what is 'cool' and what is now outdated. The iPhone 4 was a amazing product with such advanced technology that would not have been around even 10 years ago yet the constantly developing phone industry are always creating new, amazing products that cause new economic trends with sales and popularity.
The Week Magazine The war in Syria: 3 economic consequences of Western intervention The Week Magazine ome form of U.S.-led military action against the regime of Syrian President Bashar al-Assad seems all but certain, thrusting the region into a...
The rise in inequality experienced in the United States in the past three-and-a-half decades is not just a story of those in the financial sector in the greater New York City metropolitan area reaping outsized rewards from speculation in financial markets. Rising inequality and increases in top 1 percent incomes affect every state.
by Estelle Sommeiller and Mark Price, Economic Policy Institute
Economic inequality is, at long last, commanding attention from policymakers, the media, and everyday citizens. There is growing recognition that we need an inclusive economy that works for everyone—not just for those at the top.
While there are plentiful data examining the fortunes of the top 1 percent at the national level, this report examines how the top 1 percent in each state have fared over 1917–2011, with an emphasis on trends over 1928–2011 (data for additional percentiles spanning 1917–2011 are available at go.epi.org/top-incomes). In so doing, this analysis finds that all 50 states have experienced widening income inequality in recent decades. [MORE]
Lost generation facing life of low-paid, insecure jobs
Published on 17 April 2013
YOUNG Scots and women workers face a generation of blighted job prospects, according to a hard-hitting report examining the scourge of underemployment, over-qualification and changing practices in the workplace.
Although MSPs hope some of this will ease as the economy recovers, the fear is a legacy of low-paid, insecure jobs as a result of too many people being unable to secure full-time work making use of their skills and qualifications.
The term underemployment refers to people working fewer hours than they want to, or taking on jobs which do not use all their skills.
It was the focus of a Holyrood inquiry which warned the problem had grown significantly since the onset of the economic crisis five years ago, which hit young people particularly hard.
The Economy, Energy and Tourism Committee of the Scottish Parliament fears workplace practices introduced during the recession, such as zero-hours contracts which give no guarantees of work to employees, could persist long after the recession is over.
Committee convener Murdo Fraser said: "This inquiry has found the focus on headline unemployment or employment levels only provides one side of the story.
"Underemployment can have a similarly devastating impact on income and on the ability to secure long-term employment."
The Conservative MSP added: "While underemployment may decline when demand returns to the economy, we need action now to prevent negative labour market trends becoming embedded in Scotland."
The committee took evidence from a number of sources on the issue and analysed the difference between unemployment and underemployment, links to other unemployment trends, and the issue of so-called labour hoarding where employers seek to hang on to skilled staff in bad times.
The inquiry found young people were worst affected by underemployment, which was worst in the retail, social care and tourism sectors. "Not only does underemployment inhibit young people's capacity to be independent, but it has a long-term effect on employment prospects," stated the report.
The MSPs also found "a distinct gender profile," with women more affected (11.3% to 8.7%) because of the sectors involved and "caring responsibilities in relation to children and gender stereotyping".
The young are also bearing the brunt of the trend. "In percentage terms, young men aged 16-24 constitute 32% of the total number of male underemployed workers and young women aged 16-24 constitute 25.6% of the total number of female underemployed workers," the report claims.
"The committee is particularly concerned by the higher levels of underemployment experienced by young people. The situation has a particular impact on the least-skilled as it becomes harder for them to secure employment of any kind."
The report argues: "The committee is concerned there is a risk some of the trends that have emerged during the economic downturn – such as involuntary part-time work, self-employment where it is a replacement for employment, zero-hours contracts and temporary contracts with recruitment agencies – may become embedded in a way that makes work significantly more insecure, particularly for the young and unskilled."
Strong regional variations are also highlighted, with the level of the problem ranging from 13.6% in Dundee to 5.1% in Aberdeen, broadly relating to the general unemployment levels.
The disabled were also found to suffer more from the phenomenon, prompting deputy convener Dennis Robertson of the SNP to say: "Disabled people may be disproportionately affected by underemployment and we have called for more data to be collected on employment trends for these groups."
Talking of where young people, women and disabled people were finding themselves in the jobs market, Grahame Smith of the STUC said: "You might call it a twilight zone workforce that doesn't feel engaged and is not protected.
"A lot of criticism of young people is not true, but look at how they are treated in their first time at work."
A Scottish Government spokesman said: "The Government is always open to suggestions on what more can be done, within our limited powers, to address the negative impacts of underemployment here and now and will consider the report's recommendations carefully. However, work is already under way in a number of the areas highlighted for action. For example, the Commission for Developing Scotland's Young Workforce, led by Sir Ian Wood, is currently considering how young people can make an effective transition through the education system and be better prepared to succeed in the world of work."
As the title shows the econmic crisis at the minute is similar to that in the 80s when Thatcher was in power. 'Capitalist' views are again in the spotlight and many people are again unemployed, putting a strain on the economy as more people need to be supported by the welfare state.