Employment Problems in the US Essay -- Work Corporation Job Loss Unemp

Employment Problems In The U.S.Downsizing, restructuring, rightsizing, even a term as obscure as census readjustment has been utilize to describe the plague that has been affecting corporate America for grades and has go forth many of its hardest working employees without work. In the year 2001 we had nearly 1.8 million jub cuts, thats almost three times as much as the year 2000(Matthew Benz). In the 1990s, one million managers of American corporations with salaries over $40,000 also disordered their jobs. In total, Fortune 500 companies have eliminated 4.4 million positions since 1979 including the 65,000 positions cut in February of 2002 (Ellen Florian). Although this downsize of companies can have many reasons behind it and cannot be avoided at times, thither atomic number 18 simple measures a company can emergence to urinate the assist easier on the laid- discharge employees and those who survive with the company.There be many reasons why a company might need to downsi ze. In todays corporate America, it is a plain fact that far fewer employees are necessary to maintain a successful operation. Many times, it is the case where a technological advance or breakthrough makes it possible to replace a previously human job. It is also an every-too-common scenario that outside influences such as jerky shifts in the market or changed government policies force corporate executives to make coinciding decisions regarding their staff and these external changes. The fall in interest judge and energy prices have helped companies control spending in the economic recession, barely controlling these costs has taken some of the focus away from there employees and satisfying there wants and needs (Economist Vol. 362). Yet another problem veneer the employment of our citizens.Another one of the major problems in todays business gentleman are the salaries being paid to the workers. Since employers are not paying their workers mettlesome wages, the workers have li ttle to put sand into the economy. Some cities have opinionated to make mandated pay raises for employees who have been with firms for so many years. It would also see to it that employees make well above poverty levels to insure that more coin is being put back into the economy (Eric Roston). This causes the system to plummet and forces companies to downsize to economize from going under. Wall Street firms cut positions in order to learn the Dow Jones Security ... ...ortunities for growth and skill development. After a restructure, there are many ways an employee can grow vertically and horizontally in spite of appearance their company. Since so many positions are eliminated in such a process, the stay employees sometimes need to learn new skills and adapt to handling greater amounts of work than ever before. While this may be an inconvenience at first, these skills and abilities can assist these people in future job searches.The downsizing process is a fact of life. It aff ects all people from managers to laid off employees and their families as well as those who remain with the company. It is something that will continue to fall out with no end in sight. As long as our institution market continues to grow, so too will the concept of downsizing grow. This process can lead to psychological problems, and creates anxiety and frustration for those of both ends of it. This is a problem that most likely will not have an booming solution, or at least not any time soon. It is something that we all must deal with in one way or another, and as for the victims of downsizing, the only thing they can do is try to piece their lives back together and hope for the best.