Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice - Essay Example

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Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice

With the slightest earthquakes, cracks mark the surface, and even the toughest man or sturdiest structure feels its effects and aftershock so as the blow of recession is faced by both white collared and blue collared workers. From late 2007 to early 2009, a dramatic decline in job vacancies and pairing market deterioration caused rising number in unemployment and permanent layoffs as this is by far the worst recession in American history in equivalence to the coined name Great Recession where, as reported, resulted to 10.6 million jobs deficit in just two years. And even with the declared end of the Great Recession in early 2009, the height of unemployment rates continues to shoot upward as the government strives to face the colossal job creation challenge in order to get a resilient economic recovery (Peck, 2010). Three years has passed and the government is still running the same marathon with the victory far from sight. As explained by Peck (2010), the Great Recession may be technically over but going back to the normal economic state is still afar. He used the words “New Jobless Era” to define this time when job opportunities and offerings sink to the bottom. ...Show more

Summary

Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice Name Institution Course Date Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice Recession – the greatest depression of the current generation – has already transformed lives not only of the Americans but also the entire working population globally and it is foreseen to do its continuous modification of the people’s lifestyle, homes, and personality until the far future…
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Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice essay example
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