Best Financial News

The US is finally showing a genuine rebound after years of stop-start economy highs and lows. The global-economic downturn took its toll on the US economy, and since the downturn, the economy has rattled around, sometimes exceeding expectations, but more often falling short of projected growth goals. Now it appears that genuine and sustainable growth has returned to the USA.

The US economy is getting better and better

Bill Clinton reigned over the longest episode of sustained growth in recorded American history, though sadly he is mostly remembered for his sexual indiscretion. Barack Obama has been in office for quite a while now, but it seems that his promises to rebuild the economy are coming true.
Yet again, the US economy grew between April and June at an annual rate of 4.6%, when the best estimate was a mere 4.2% growth. Now in October, the US economy is still growing at a great rate according to the US department of commerce.
Courtesy:- http://www.news-business.net/category/financial-news/

Job and Training – Then and Now

Students in India have always suffered from theoretical knowledge that they get during the course of their education at school and college. However, an appropriate amount of practical approach makes it easy for an individual to understand the industry’s work scenario and helps him to catch things much faster without wasting time in getting trained. On the other hand, employers also look forward fora candidate who already have a basic set of skills and knows about the work culture of a company.

The difficulty in filling up jobs in India in 2012 was 48 per cent when the global standard was 34 percent. In any case, skills are a necessary condition for improving incomes and being fit for a job. The Roshni scheme appears to be another example which says training improves your chances of landing a job.However as per the current situation of our education system, individuals have to go for separate training to get a sense of skills that are required for working with a company.

However, on the other hand there are certain people who are unable to get jobs or areleaving because of low income, poor working conditions,lack of jobs near home and even because of low status of available jobs in society. Adding to this, 85 per cent of all jobs in India are informal i.e. employees don’t have any written contract, not eligible for paid leave, not secured under any social benefits. But still, India has always seen a small increase over time.

Ultimately, it’s the skills that need to be developed and also relevant opportunities that are fit for qualified people to get a better ratio of employment in India.