In The News

Nelson D. Schwartz February 19, 2009
Jobs vanish around the globe as people worry more and countries struggle to enact policies to stabilize local economies. A UN agency estimates that job losses could total 50 million by the end of 2009, reports Nelson Schwartz for the New York Times. Many jobseekers could be bitter and prepared to protest and seek new political leaders. Economic instability has replaced terrorism as the biggest...
Nayan Chanda February 16, 2009
Migration is a major force of globalization: Workers on the move seek opportunity and alleviate poverty in the process of dispersing and collecting new ideas. A harsh global economic recession has reduced opportunities for foreign and domestic labor alike, stirred protectionist instincts and prompted reverse migration around the globe. The most immediate impact, explains YaleGlobal editor Nayan...
Michael Schwirtz February 16, 2009
Russia has the second largest immigrant population the world, after the US, once inviting workers from former Soviet republics to construct luxury hotels, office buildings and homes amid a decade-long oil boom. A drop in world oil prices hit the emerging economy of Russia, striking its migrant workers particularly hard. Employers withhold wages, and the government sets quotas on jobs for...
Sam Coates February 12, 2009
Foreign workers make up less than 10 percent of the UK employment base. Rather than accept responsibility for a bleak job outlook and problematic financial policies, politicians lambasted release of a statistic that exposes disappearing jobs for citizens in the midst of a campaign on “British jobs for British workers.” UK ministers were chagrined, notes a team of reporters for the Times in...
Nayan Chanda February 6, 2009
As jobs vanish by the hundreds of thousands, the desire to intervene from politicians is only natural, an attempt to restore economic order and prevent social unrest. In capitals throughout Europe, workers protest and vow to remove politicians who fail to provide immediate economic relief. The US is no different, as the president and Congress race to save jobs with a stimulus package now valued...
January 30, 2009
More than 2.5 workers throughout France rallied behind a one-day strike, urging the government to protect jobs and wages. But as slumping sales and global recession have closed factories, policies and protests fail to address severe inequality that leaves some workers with secure jobs and benefits and many others, particularly among the young, without. In France, the government has focused on...
Melanie Rodier January 23, 2009
The purpose behind most outsourcing is to increase efficiency and reduce costs. Firms can go to agencies that provide specialized and time-limited support in investor reporting, analyst research, legal research, regulatory oversight or information technology. “Outsourcing providers often invest in the latest technology, offsetting the expense by sharing the technology among several clients,”...