Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … labor force and explain how the unemployment rate is calculated. Shortcomings of the current methods of measuring labor force participation rate and unemployment
Labor force is people between 16 and 65 years of age either employed or seeking employment. Labor force includes students, retirees, and prisoners, those engaged in gainful employment as well as persons without reported income.
In the United States of America, unemployment rate is calculated from the monthly surveys done by the Federal Bureau of Labor Statistics. It is estimated by dividing the number of persons without employment by the size of the available workforce that includes the employed and those unemployed.
Romer (1986) states that this method used in calculating the unemployment rate also includes; Social Insurance Statistics such as unemployment benefits. He claims that this method is not detailed since some benefits expire before one can find a job. In addition, the other method, employment office statistics, is not helpful as it involves monthly collection information of people without jobs who access employment offices.
Compare the perspectives of Marx (Alienated Labor) and Maslow (Hierarchy of Needs).
Marx theory of alienation is in reference to the disassociation of things that belong together. He means it from a social perspective that people are separated from things that they need. For instance, labor separates one from his family or freedom or alienation of one from self.
Maslow's theory also regards needs. He claims that there are things that man needs naturally andThe most important of his pyramid he called deficiency needs which includes friendship and love, security, and physical needs So both theories address human needs.
Contrast the perspectives of Marx (Alienated Labor) and Maslow (Hierarchy of Needs).
Marx theory of alienation is based on capitalism and refers to work as through capitalism as an impediment to needs satisfaction. Maslow theory on the other hand only mentions human needs and not in relation to other engagements. He places the fundamental...
This robs the workers their right to control the value of their preventing from benefiting from the products they produce (Langman & Fishman, 2006), while Maslow's hierarchy of needs illustrates humans need respect and the desire to be valued by others. They engage in activities to give them the sense of contribution.
Is it possible for a worker to be both satisfied and alienated?
A worker can be alienated and satisfied without much realization. This depends on where the need is placed. The need has to be satisfied and deprivation of the need results in alienation. For instance, one can be satisfied with family but alienated to work, but if the work is not of value then they will not mind the alienation, they might not realize it.
List and discuss three (3) ways unions have fought for workers rights.
They have made the labor market competitive. Competition results in proper allocation of resources, in the labor market resources constitute individuals with varying skills. In the competitive markets, laborers are compensated according to their value in the market. When competition is perfect, wages include compensation of unfavorable working conditions.
Unions help in controlling the wage imbalance in the markets. Worker use unions to air their grievances regarding unfair wage distribution. The unions protect worker against wage inequalities such as the one experienced during economic crises (the great depression of 1930).
The unions not only give the workers a "voice" within their workplaces, but also provide them with options to express their issues regarding internal disputes. Workers have a formal way of settling their dissatisfaction with the employers, the unions help in resolving issues related to payments, prevailing working conditions and related issues.
List and discuss three (3) strategies employers have used to…
References
Langman, L., & Fishman, D.K. (2006). The Evolution of Alienation: Trauma, Promise, and the Millennium. Lanham.
Maslow, A. (1954). Motivation and personality. New York: Harper and Row Publishers.
Romer, C. (1986). Spurious Volatility in Historical Unemployment Data. The Journal of Political Economy, 1 -- 37.
Unemployment and Crime Rates There has long been a correlation between unemployment rates and crime. This correlation is most evident in large metropolitan locales such as New York City. The purpose of this discussion is to explore the effect of Unemployment on the crime rates in New York City over the past few years. Initially the paper will focus on data and statistics concerning the correlation between the increase in unemployment
Immigration and Its Effects on the United States Labor Force During the time period of 1881 and 1924, the First Great Migration shifted about 25.8 million people from across the globe to the United States, boosting the country's population by approximately 50%. Huge numbers migrated from Western Europe. The following Great Migration, proceeding from the 1960s, has given a figure of about 26 million new residents all over the country. It
Labor Negotiating Practices The issue of labor negotiating practices is one of the most important issues that companies must address. This is because the sensitiveness of labor problems is reflected in their legal implications. The battle between employers and employees becomes more and more difficult and requires advanced negotiation skills. Company's Stance towards Labor Issues The company that is analyzed in this case is represented by the companies that joined their forces in
The more effective such systems of transport, the easier it is for labor to either to commute to work a fair distance from their home. Cities provide concentrated sources of labor that may not need to commute far distances. Also, the willingness of laborers to leave their home communities and relocate is an important cultural factor to remember, as well as the cost of transportation. Finally, in some areas,
Unemployment in the Recent Recession: A Comparison of Cyclical and Marxian Theories The recent (or ongoing) recession has affected the entire globe, though some countries have been harder hit than others. In the United States, unemployment hit higher levels than it has seen in quite some time -- more than doubling at the depth of the recession in 2010 from its pre-recession low (in the current decade) in 2006 and 2007
Unemployment Rate The Disparity in the Unemployment Rate in the United States A recent article in the Sun Journal by Margaret Fisher (2012) has raised some serious questions as to the true state of the economy. While statistics from the department of labor assert the unemployment rate has dropped, giving the impression that the economy is in a recovery mode, Fisher maintains that this is misleading due to the fact that many