Unemployment, A Tentacle to Drag Us Under?

IN June 17,801 million people were “officially” unemployed in the E.U.

According to Eurostat, the E.U’s official statistics office, this figure is higher than May’s unemployment figure by 123,000 making Junes figure a record breaker. The highest unemployment number since the E.U was formed in 1999.

“Another horrible set of labour market data for the Eurozone, which bodes ill for consumer spending and growth prospects,” said Howard Archer, chief European economist at IHS Global Insight.

Not the most optimistic and uplifting comment there, but Mr Archer is merely pointing out what we can all see.

What’s more to add to the woes analysts are pin pointing Germany as being next in line for unemployment rises.

Eurostat also said that inflation was unchanged at 2.4 % in July which remains above the ECB’s mandate target.

The unemployment is just one of the tentacles attached to the nightmare animal that is the European quagmire of debt burden and recession!

Jonathan Ravelas, chief market economist at BDO Unibank was quoted as saying “What the European Union did in the last two years was to provide the necessary steps to prevent a default. However, the problem continues to evolve as the global economy slows down,”

He also said he expected Europe’s debt crisis to be at the forefront all the media headlines for the next few years, which, he says is at best optimistic.

So more doom and gloom you say?

We’re not here for doom and glow, just opportunities!

Ok, so we can’t ignore the global downturn and overall market depression but that doesn’t mean there isn’t still A LOT of money to be made every day.

Seriously,

Local market are still moving continuously the FTSE companies are still leap frogging each other every single day, and were there’s movement there’s profit!

Barring a complete Euro break-down the markets will continue to fluctuate.

A spanner in the works though and the straw which could break the E.U’s back would be the collapse of the US markets.

The paper, spit and prayers holding together America’s financial foundations is so unstable right now.

A sharp fall on the NASDAQ could completely wash away the false economy created by the FED. Obviously American politicians and American based credit agencies like Moody’s, Standard & Poor’s and Fitch are going out of their way to shift the focus from home to Europe across the water but it’s hard to believe it’s much worse and the numbers coming out of America show things there are in a lot worse condition.

One to keep an eye on sure, but until it happens keep your better eye on the markets as they bounce up and down everyday.

Unemployment Solutions For Jobless Youth

All the current news relates to a continued increase in unemployment totals. Tables and figures released show higher jobless rates, especially for the youths of most countries. The young are bearing the brunt of the global economical downturn with the lack of job opportunities for youngsters who are without work experience.

Unemployment Figures:

Recent unemployment figures released for the UK showed an increase in the three months up to and including September 2011. One in five 16 to 24s are not in full-time work, education or training.

Other European, and indeed worldwide figures for the unemployment amongst younger people, normally taken as between 16 and 24 years of age, are also on the increase.

Some Unemployment Reasons:

Although these figures are very poor and indeed shameful, there is possibly a logical explication for a part of the rise in this particular period. It must include a number of youngsters who have reached the normal school leaving age, roughly between 16 and 18 years old. It is reasonable to suppose that a number of these will intend to either take a summer holiday before the starting work, or to be awaiting examination results and so to find out whether they will be acceptable into further education is studies at college or university.

Towards the end of September, there will be a quantity within this age group who would have taken advantage of the possibility of doing seasonal work, for example within the holiday industry, which will naturally end in the second half of September.

Unemployment Prospects:

Despite these factors which would almost certainly have increased the total figure, the overall picture is gloomy. Furthermore, all reports suggest that more or less all global economical factors will ensure that these high figures of youth unemployment will remain at a daunting level.

Government ministers in most countries are under to pressure to do something about youth unemployment, especially as they are made increasingly aware of the long-term problems this high number of jobless young people will face. They will probably continue to feel these devastating effects, which start immediately after having finished schooling.

These effects are self perpetuating, as the awareness of the lack of work opportunities is enforced during their search for employment. There are very few jobs advertised, and job centre’s notice boards are relatively bare. The youth, without work experience, are being effectively blocked from starting their working career.

This will almost certainly have lifelong lasting effects for the majority of those so afflicted.

The most pernicious effect on these jobless people, and especially so for the youth, is that of the mental state. The continue lack of response to applications for the very few number of jobs advertised, or available, plays more and more heavily on the mind. There is an ever-increasing feeling of frustration and annoyance that all previous work undertaken to reach the required educational level comes to nothing. And as time goes on, seemingly always with fewer jobs coming onto the market, so these feelings increase and deepen and so give way to a forlorn and total lack of all hope. Possibly to depression.

Some government help is promised!

The U.K. government has announced a £1bn plan, over three years, to provide subsidised work and training placements for thousands of young people. This youth contract scheme will give employers subsidies worth £2,275 to take on 160,000 18-to 24-year-olds, for a six months period.

The new programme begins next April and aims to get young people into a range of employment sectors, – from retail and construction to the green economy.

Up to 400,000 work and training placements will be created in England, Wales and Scotland by giving employers wage incentives equivalent to half of the youth national minimum wage.

Another 250,000 young people will be offered work experience placements lasting up to eight weeks. These will be available to every unemployed 18- to 24-year-old who wants one and has been seeking work for three months or more.

A £50m programme for the 25,000 most disadvantaged 16-and 17-year-olds in England – those not in employment, education or training – to get them onto an apprenticeship or into work.

At least 20,000 additional incentive payments for firms in England to create apprenticeships for 16- to 24-year-olds

These intentions provide hope to the many, many young people who, at the moment, are feeling, very anxious and uncertain about their future.

The problem is that like all government schemes there is the unavoidable delay between the problem becoming apparent, the announcement of corrective measures to be taken, and the actual start of the programme and it’s filtering down through to the people concerned.

The UK government has also announced its intention to put billions of extra pounds into the economy in an effort to kick-start growth. Part of this outline plan is based on the fact that, unlike several of the other countries in the Euro-zone, the UK has a relatively good position within the worldwide money-lending set. That is to say, the credit rating is relatively high so that the government is able to borrow money at a low rate of interest; certainly much lower than most companies can borrow commercially from banks.

The intention is apparently to underwrite loans which are to be given by commercial banks to companies wanting to expand. It seems totally reasonable to hope that almost all such expansion will automatically involve employing more people. Hopefully this would include young people as well as those who have already had work experience.

A further move is to invest billions of pounds to upgrade parts of the infrastructure, that is to say much of it will be in the improvement, or expansion of rail and road systems etc. Obviously this does not just mean work for the construction industry, as other parts of the country’s economy will be affected by the planning and designing of these expansions, and subsequently the manufacturer and provision of materials to carry out the work.

Although this seems to be, and will certainly prove to be, of overall benefit to the country as a whole, these are relatively long-term objectives given that the unemployment situation is very current. The very nature of these major projects means that there are unavoidable delays in the actual planning, planning consent and consensus processes, and meaning years before the intended works start.

In the current context perhaps the greatest benefit for the jobless young will be to give them some hope for the future, although at their age, three or four years delay before these projects actually start will seem a very long time indeed.

A Solution for Unemployment:

The general unemployment rate has been compared to that during the “great depression.”

Reference has also been made to what became known as MP Norman Tebbit’s slogan” On yer bike! “, though what he actually said after riots in 1981 was: “I grew up in the ’30s with an unemployed father. He didn’t riot. He got on his bike and looked for work, and he kept looking ’til he found it”.

Despite this having some value at the time, it has much less so nowadays with the lack of jobs evident throughout the UK, and indeed Europe and much of the rest is one of the world as well. With few exceptions the increased facility of uprooting and moving to another country is nullified by an equal lack of opportunities in most target areas.

Perhaps the idea behind Mr Tebbit’s phrase still applies!

On reflection his comment was less about a two wheeled means of transport, and relocation, but rather the wider proposition that one should not always hang around waiting for somebody else to provide a solution for what is, after all, a personal problem!

Perhaps the individual, who is the base unit of the “young jobless,” should very seriously consider taking matters into their own hands, and seeking to create their own personal solution, to their own personal problem!

The very fact of seriously considering such a proposition, looking into all possibilities available, and targeting a specific possibility, will very greatly changed the whole mental outlook. The mere taking of the decision and acting upon it, would immediately eliminate a great deal of the frustration and feeling of hopelessness which must now be being felt.

Any tendencies to depression will be converted to excitement at the possibilities.

The fact remains that many great commercial successes in America and in Europe, were founded during the years of the great depression. During those dark days between 1929 and 1932, the British unemployment rose by nearly 130%! And this was good when compared with France and Germany, where the figures were about 230% increase, and even more so in America where a staggering 600% increase was recorded!

A similar situation now applies. Lack of growth and an apparent lack of possibilities.

But by the same token, those opportunities ARE there!

They just need to be sought out and pursued!

It is very certain however, that those opportunities are only open to those who make the effort!

It is hard to imagine there being very many included in the unemployed youth who are incapable of using, or have no access to a computer and the basic skills to use same. This machine, together with an Internet connection, gives the possibilities of searching and selecting an opening for any would be entrepreneur that has never before been so widely available.

Indeed, the computer together with Internet access, will not only provide the means of searching for ideas, but can also itself be the very means of self employment, and of earning a living income; and oft-times far beyond!

There are a multitude of possibilities on offer, but care should be taken in selecting a proven route to creating an on-line business. One which promises almost instant, and untold riches for little or no effort will surely disappoint!

However, there are systems which will reward effort and dedication.

The total mental attitude of hopelessness will be overcome by just looking into, and acting on one of the opportunities.

The unemployed person, youth or otherwise, will become infused with hope, based on sure possibilities.

And such action does not stop anybody keeping a weather eye on the job adverts!

Take steps to help yourself to a positive future!

Germany – An Important Hub for International Freight Transport

As Europe’s largest economy and with the fourth highest GDP in the world, Germany is a world leader in exports. The freight services sector in Germany is supported by a wide range of shipping companies and freight companies. Germany does import fuels and raw materials, however it has a large trade surplus and its exports are in high demand in many overseas markets.

In fact, Germany was the world’s largest exporter from 2003 to 2008, according to the World Trade Organisation, and thus a key player in freight forwarding and international freight. In 2009, it was the world’s second largest exporter and the third largest importer of goods, whilst still generating a trade surplus of nearly 200 billion dollars. Germany is the world leader in mechanical engineering, with about 20% of the global market. Germany’s most important trading partners are the European Union, especially France, and the United States.

Since the expansion of the European Union in 2004, Germany has also seen an increase in freight transport and trade with countries such as Cyprus, Czech Republic, Estonia and Hungary

Freight services to and from Germany are shaped by the country’s location right in the centre of Europe. It has borders with more European countries than anywhere else. This includes Denmark, Poland, the Czech Republic, Austria, Switzerland, France, Belgium and the Netherlands. It is bordered by the North Sea in the North West and the Baltic Sea in the North East. Germany is crossed by some of the most important rivers in Europe, such as the Rhine, Danube and Elbe.

Its position at the centre of Europe and its high levels of import and export trade mean that Germany has become an important hub for transportation and international freight.

Evidence of this can be found in the highly modern transport networks available to the freight company and shipping company. Firstly, there is the Autobahn network, with no blanket speed limits on most of the routes.

The high speed trains, the Inter City Express (ICE) travel at speeds of up to 300 km/h, connecting major German cities and international destinations. These are used by many shipping companies and freight companies seeking to transport international freight to or from Germany.

There are also a number of airports in Germany,with Frankfurt International and Munich International the global hubs of Lufthansa. Other important airports are Berlin Tegel, Berlin Schonefeld, Dusseldorf, Hamburg, Cologne and Leipzig. Again, these are very important to the shipping company and freight forwarders, consolidating Germany’s position as an international hub for freight transport.

canals connect the Elbe with the Ems, the Ems with the Dortmund and Baltic and the North Sea. Meanwhile, the Kiel canal connects the Baltic with the North Sea. The Rhine is the most important river and carries more freight forwarding than any other European waterway. The total length of inland waterways is 7500 km.Major river ports are Duisberg, Cologne, Bonn, Mannheim and Karlsruhe on the Rhine, Magdeburg and Dresden on the Elbe and Kiel on the Kiel Canal.

Major ports include Rostock, Luebeck, Emden, Hamburg and Bremen. Hamburg is the largest port in Germany, accounting for a third of all freight transport and with an illustrious history as a ‘Hansestadt’ at the heart of international trade in Europe since the Middle Ages.

As a hub for international freight services, it is not surprising that Germany’s trade buddies are diverse and widespread. France is the destination of 10% of freight transport of exports from Germany, followed by the United States at 9% and the UK at 8%. Italy accounts for 7% of all international freight from Germany, followed by the Netherlands and Belgium.China is home for 3% of freight transport from Germany, Russia 2% and Japan just under 2%. freight transport between Germany and China has been growing fast, with rising trends in both imports and exports.

Although growth of the domestic economy in Germany has been slowed by the integration of the eastern German regions, which is a costly and long term process, an aging population and high unemployment rate, Germany continues to dominate the international freight markets. Shipping companies and freight forwarders continue to thrive in this robust economy.

Germany’s continued high levels of exports and imports. combined with its central position in Europe and its accompanying role as a freight transport hub, means that Germany is a major driver of international trade and freight services worldwide.