italiy's unemployment rate increasing.

by mfortier on September 17, 2013 - 4:19pm

Mathieu Fortier                                                                                                                                      September 13

 

Italy's unemployment rate going up

 

The article ‘’Italy factory jobs disappearing overnight’’ by Emma Jane Kirby posted on September 11th 2013 discusses Italy’s economy. As some may know, the economy in Italy isn’t going very well. The article focuses on the loss of jobs in the country. Many small businesses had to lower their production costs and therefore moved to Poland.  A small industry directed by Fabrizio Pedroni decided to relocate its business in Poland during the night when no worker was around. About 30 workers lost their jobs and weren’t even warned. In an interview with the director, he claims that it was the only choice he had because the banks refuse to lend money to small industries. Since 2007, 55,000 firms have relocated or closed creating a loss of half a million jobs.  Italy now has an unemployment rate of 12%. Many directors and workers blame the government as the source of the problem because of erratic bureaucracy.

 

I think that it must be very hard for all of those workers who have lost their jobs. Those citizens will have a hard time finding a new job and many have apartments and houses to pay. If industries continue to move out of the country, soon there won’t be a lot of jobs left and the unemployment rate will keep going up. Therefore, if the government doesn’t do something about the problem, the economy will be getting worse and worse as well. I also understand the population to be mad about this social problem; they lose their job in the blink of an eye and there is a low chance that they will find another one quick enough to pay their bills.

 

http://www.bbc.co.uk/news/world-europe-24037545

Comments

I think that this summary is very interesting. The failing economy is the root to a lot of the problems in Europe today. I therefore think it is a very important issue because on all of the effects it has on its population. Unemployment more specifically, is a huge social issue in Europe today. I think that it is unfortunate that the governments aren’t doing more to help out their citizens when it comes to their unemployment rate. I think that 12% is really high for an unemployment rate. The government should be putting plans into action in order to change this. The society can not continue to lose jobs over night like that. The government should help to make it easier for small businesses to survive in order for the people who work at these places to keep their jobs. I agree with what you are saying and hope that this situation will get better for Europeans.

I think that this summary is very interesting. The failing economy is the root to a lot of the problems in Europe today. I therefore think it is a very important issue because on all of the effects it has on its population. Unemployment more specifically, is a huge social issue in Europe today. I think that it is unfortunate that the governments aren’t doing more to help out their citizens when it comes to their unemployment rate. I think that 12% is really high for an unemployment rate. The government should be putting plans into action in order to change this. The society can not continue to lose jobs over night like that. The government should help to make it easier for small businesses to survive in order for the people who work at these places to keep their jobs. I agree with what you are saying and hope that this situation will get better for Europeans.

This is shocking to hear that since 2007, 55,000 firms have relocated or closed creating a loss of half a million jobs. That is just insane that the government hasn’t tried to step in and do something about it. It is devastating to think that so many have lost their jobs and can no longer support their families. My dad and mom have both lost their jobs and it puts a huge strain on couple’s marriages. Not having an income can be stressful due to the fact everyone has expenses to pay. I agree with everything this person said about this article. Finding a job now has to be extremely difficult for people. If they find a job right now they will probably jump at the opportunity for it.

This could be devastating for the country as a whole, not just for workers. The fact that banks are not loaning money needed to keep factories within their own countries means that there is less money flowing in Italy. It is a dangerous slope to remove local work forces, where can people go from there? Many will need to be reeducated. Which means there are less people working, keeping the economy rolling. This may be a smart business decision at the moment, but what are the long term repercussions?

This summary is very interesting and your point of view as well. Your point of view, really explains the points you are trying to make about the industries moving and people looking harder for a job. This country must be devastating to see everyone loosing their jobs, industries moving to other places which people will have a harder time to find a job, and the populations reactions to this social problem. Overall good summary.

This is really worrisome; this is a huge amount of jobs lost! I wrote a summary about Italy which talked about women abuse and the lack of resources for women. The fact that the economy is in bad shape adds to the problem, since there's little money to be given to shelters and other organizations.While reading the article I found it alarming that, " About 30 workers lost their jobs and weren't even warned" It's really scary that there's no governmental policy that would protect jobs and prevent those type of actions to be done. I think that if there would be stronger unions or laws that would protect jobs, maybe the situation would not be as bad as it is.

I believe that the topic of your article is very interesting. The fact that it is getting even worse is awful because 12% for the rate of unemployment is already a high rate. Also, for the 30 unemployed people at once in an industry is a lot. I would also add that I think it is unbelievable to fire people without telling them ahead because many people will have a hard time especially if the unemployed were the only one to work to live.

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