Synthesis Work and Worker in 21 Century - 784 Words

DÆ °Ã† ¡ng VÃ… © Ä Ã¡ » ©c Phá º ¡m Thanh Hà   Composition 2 4 November 2014 Optimism Pessimism in the changes of American Workforce: Reason? Considering how long the humanity has been in existence, Finding Jobs is a extremely difficult concept. There are many arguments about how to find and keep a job in today’s world and ways to make it more practical. In â€Å"The Untouchables†, author Thomas L.Friedman discusses how the American fungible and non-fungible jobs are affected by the Globalization. In Hudson Institute’s article â€Å"Work and Workers in the Twenty-First Century†, their analysts show their opinions about the current trend of jobs in the near future and envision it in the next twenty-plus years. In both articles the authors discuss the topics of†¦show more content†¦Second, both author discuss what is the effect in the changes of job because of outsoucing. According to Friedman, some jobs are lost to the outsource (some to China, some to India), he said â€Å"Not only does my work have to fit into somebodyà ¢â‚¬â„¢s global supply chain, but i myself have to understand how I need to compete and have skills sets required to work at pace that fits the supply chain and I had better be able to do that as well or better than anyone else in this world†. Hudson Analysts show that 20% of U.S manufacturing workers now have jobs that depend on exports. So the workers will not only compete with their counterparts across town or in other parts of the U.S, but also with workers around the globe. Then Employment growth, meanwhile, will remain concentrated in services, which also will benefit increasingly from export markets and will offer high salaries for skilled workers. And For those who maintain and improve their skills, the changes should bring increasing rewards, but it will be traumatic for those who fall behind the skills curve and resist retraining. Last, the changing is affected by some other aspect such as Ages, Ethnic Diversification and Digitizing. Thomas L. Friedman said that mos t jobs in U.S now is outsourced by automated and digitized. And Hudson show that the growth of Asian and HispanicShow MoreRelatedThe Keynesian Era During The Middle Of The Nineteenth Century1720 Words   |  7 PagesBefore the â€Å"Keynesian† era in the middle of the nineteenth century, economists Adam Smith, David Ricardo, Thomas Mathus, and John Stuart Mill all shared somewhat similar economic views of the world. Some of the main concepts covered during this time included the division of labor, theories of rent, value, and distribution, theories of market â€Å"gluts† and population, and opportunity cost, competition, and trade. 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