Diversity, Globalization And Workforce In America
Research Paper
Diversity, Globalization and Workforce in America
Submitted by: Prashant Sharma
Subject: ITKM–505
Professor: Michael Lohle
Date: November 21, 2014
Introduction
Our age has seen the great recession that began in 2007 December, still after 7 years its devastating effects can be seen in the labor market of workers in the USA. It has changed the beliefs, aspirations, experiences, and concerns of the working force in the America. These changes are the result of the changing nature of work in a knowledge-driven, volatile and global economy. Due to recession companies faced shortage of cash, because at that duration there was very big liquidity crunch. This made companies to change their tactics, in order to save money …show more content…
The practice of offshoring which was unimaginable in the 1980s, was now desirable and possible. Though researchers still argue on the quantity of impact on US jobs from offshoring, but it is clear that it had impacted on main industries and jobs, specifically low wages work (Thomas, 2007).
The frequent change in the leadership of an organization due to mergers and acquisitions is also a one of the main transformations of US workers jobs. According to the data almost 6% jobs were reduced due to mergers between 2001 and 2006. Adding into that automated technologies like internet or phone based customer care systems are further contributing in shrinking down the workforces. Employers are looking for more automated solutions in various domains to reduce their expense, which leading into less jobs because machine technologies are taking their place (Horn, What Workers Really Want and Need, …show more content…
A recent research was conducted on the random 25,000 United States citizens. They were employed, unemployed and underemployed between 1998 – 2012, one of the most volatile duration in American history. The study showed that there is a decline in job satisfaction among labor, workers doubt that their loyalty to employers is reciprocated, losing hope in their government and policy makers, and are frustrated about inadequate training and educational programs for unskilled or unemployed labors (Horn, What Workers Really Want and Need, 2013). The data was put together for the declining of job satisfaction among the US workers based on the various factors. The charts below summarizes
Diversity, Globalization and Workforce in America
Submitted by: Prashant Sharma
Subject: ITKM–505
Professor: Michael Lohle
Date: November 21, 2014
Introduction
Our age has seen the great recession that began in 2007 December, still after 7 years its devastating effects can be seen in the labor market of workers in the USA. It has changed the beliefs, aspirations, experiences, and concerns of the working force in the America. These changes are the result of the changing nature of work in a knowledge-driven, volatile and global economy. Due to recession companies faced shortage of cash, because at that duration there was very big liquidity crunch. This made companies to change their tactics, in order to save money …show more content…
The practice of offshoring which was unimaginable in the 1980s, was now desirable and possible. Though researchers still argue on the quantity of impact on US jobs from offshoring, but it is clear that it had impacted on main industries and jobs, specifically low wages work (Thomas, 2007).
The frequent change in the leadership of an organization due to mergers and acquisitions is also a one of the main transformations of US workers jobs. According to the data almost 6% jobs were reduced due to mergers between 2001 and 2006. Adding into that automated technologies like internet or phone based customer care systems are further contributing in shrinking down the workforces. Employers are looking for more automated solutions in various domains to reduce their expense, which leading into less jobs because machine technologies are taking their place (Horn, What Workers Really Want and Need, …show more content…
A recent research was conducted on the random 25,000 United States citizens. They were employed, unemployed and underemployed between 1998 – 2012, one of the most volatile duration in American history. The study showed that there is a decline in job satisfaction among labor, workers doubt that their loyalty to employers is reciprocated, losing hope in their government and policy makers, and are frustrated about inadequate training and educational programs for unskilled or unemployed labors (Horn, What Workers Really Want and Need, 2013). The data was put together for the declining of job satisfaction among the US workers based on the various factors. The charts below summarizes