A Quote by Tae Yoo

Major drivers of global unemployment are lack of job creation and skills shortage or mismatch. — © Tae Yoo
Major drivers of global unemployment are lack of job creation and skills shortage or mismatch.
Unemployment insurance was meant to be a bridge for temporary spells of unemployment. The bad news is all the evidence is that the longer you have unemployment insurance, the longer people stay out of work, their skills erode. The job they ultimately get pays less. And that's not to their benefit.
Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.
While labour market reports scream with dramatic youth unemployment data, hundreds of employers cry out for employees with the right skills sets. As recruiters, we suffer this shortage every day.
The lack of education and lack of skills don't hurt the unemployed, they hurt America and American business, making us less competitive in the global market.
The best solution would be better strategies for more rapid economic growth and getting people jobs and increases in income. You should simply be clear about matching problems and solutions. If the problem is someone can't find a job because they don't have the skills and they need some retraining, extending emergency unemployment isn't going to solve that. You need the job training programs or the skills bills that come out of the House and are sitting in the Senate.
Trade is not the cause for unemployment. In fact, the biggest drivers for unemployment are innovation and increased productivity. It has nothing to do with trade.
Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil.
Despite our high rate of unemployment, 300,000 jobs go unfilled largely because many of the unemployed lack the skills needed today as a result of technological progress.
They keep extending these unemployment benefits to the point where people are afraid to go out and get a job, because the job doesn't pay as much as the unemployment benefit does.
My real passion is social justice, resolving the lack of empowerment, the lack of skills, the fact that young people can't get on the housing ladder, they feel they can't have a decent job, they feel they aren't in control of their lives.
Obama has had two raging successes in his term: He has slashed unemployment by persuading millions to give up hope and leave the labor force; and He has cut illegal immigration by casting the United States into a permanent job shortage. Some achievements!
Amongst high unemployment rates, a competitive job market and a shrinking global economy, the emerging social media industry only continues to grow.
If you discourage saving and investment, that means you're walking in the opposite direction of job creation. You're discouraging good job creation and job growth.
Shortage of time is not your problem. Shortage of money is not your problem. Shortage of Connection to the Energy that creates worlds is at the heart of all sensations of shortage that you are experiencing.
If you and your skills are a complement to the computer, your wage and labor market prospects are likely to be cheery. If your skills do not complement the computer, you may want to address that mismatch. Ever more people are starting to fall on one side of the divide or the other. That's why 'average is over.'
I'm not yet convinced that we will face an unemployment problem created by AI. There will certainly be some occupations eliminated - drivers of vehicles, many production jobs, etc. Whether this creates mass unemployment depends on how quickly this happens. If it happens overnight, it will be a huge disruption.
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