Unemployment

of a multi-ethnic neighbourhood but also the negative ones. However, the journalists sound too optimistic because the problems mentioned here are insignificant compared to what really happens in multi-racial areas: extreme poverty, illiteracy, unemployment, criminality... The American government is certainly taking action to limit immigration and improve the immigrants’ condition but the massive illegal immigration seems to be out of their control.

say that the lack of liquidity , loss of confidence among investors and debt witch are increasing make of Morocco a country in economic and financial stagnation that affects the social plan by price increases , wage restraint , the evolution of unemployment , crime, and instability of the security's situation and life will lead to a revolution in the absence of a credible response Benkirane government.

competition and the creativity, energy and money of course that companies spend to be THE ONE. Quality websites creation becomes now more important than TV advertisement. Relocations are now as a fashion phenomenon and contribute to increase unemployment in industrialized countries. Indeed competition obliges companies to get cheap labor forces in poor countries to be able to supply the best product at the best price all over the world. This phenomenon of relocation seems to be at its beginning

fonctionnaire Trade Job Métier Trade union Syndicat Income Revenu Jobmarket Marché de l’ emploi (to) Be a jobholder Avoir un emploi Jobseeker Demandeur d’ emploi Odd-job Petit boulot Unemployment Redundancy Chômage (to) Be unemployed Etre au chômage Cyclical unemployment Chômage conjoncturel (to) Generate jobs Créer des emplois (to) Lay off Supprimer des emplois (to) Be made redundant Etre mis au chômage (to) Cut down Supprimer des postes (the) Dole L’ allocation

relationships. • Globalisation can also create opportunities for employment. • It encourages investment in less developed countries. • It could reduce poverty in the developing world. Negatives of globalisation: • Globalisation can also lead to unemployment and exploitation. • Companies move to countries where labour is cheap. • This creates redundancies, or job losses. • Some companies exploit their employees in developing countries. • Salaries are low and working conditions are often poor.

the 5th country for its exports and the 6th for its imports. In 2009, the exports represent 26 % of the GDP and the imports 27%. The balance of trade (goods and services) became overdrawn in 2004, and this deficit increased in 2005 and 2006. The unemployment rate remains higher that the average of the other countries developed in 9,5%. The rate of employment (63,8 % in 2009), close to the European average (64,8 %), is lower the EU’s one (66,2 %), and of the average of developed countries, in particular

segment Sales of champagne, a significant category for LVMH has been witnessing difficulties due to its positioning. In terns of presence, the sales of champagne are highly concentrated. About 80% of champagne is sold in Western Europe, where local unemployment is still rising. This is a luxury category that does not benefit to the same extent from strong demand in emerging markets offsetting weakness in developed luxury markets. Also limited retail presence and limited presence in emerging markets have

Hemingway & G. Stein -, authors who lived in Paris after the First World War. This term has latterly been used as shorthand to designate groups of young people who have been affected by economic shocks and often involved in lengthy periods of unemployment after the end of the First World War. The story is set in Long Island and New York City during the summer of 1922. The narrator, Nick Carraway, is a young man from the Midwest who comes to New York City for business after having fought during

the frequency of financial crises increasing with the growth in international capital flows. The human costs of such financial volatility can be very high, as shown by the effects of the Asian crisis – bankruptcies, poverty increase, rising unemployment, reduced schooling, reduced public services, and increased social stress VI. Making the Most Out of Globalization A. THE CHOICES: Given this picture of globalization, warts and all, is it worth keeping? What is to be done? As mentioned at

done with, for example, employment. As we said, economic situations were and are too different, except for inflation: 2% in Euro area, 2,5% in England. About growth, differences are strong. We also find differences on unemployment rate. According to English study their unemployment rate is hardly of 3,1% (5,1 according to OCDE) against 8,8% in Euro area. That’s a motivated reason of England to not accept to belong to single currency. • The second criterion is about flexibility. According to