Hi then, is unemployment, i.e. having no job,

Topic: EducationSchool
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Last updated: May 19, 2019

Hi Hamed! How are you?Not bad.

And what about you Fatma?I’m Ok, but you look a little stressed. What’s wrong?Remember I had sent my CV to two companies last week? Thosetwo haven’t shown any interest in me so far. Neither has the one I had appliedfor three weeks back.

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Are you for real Hamed! Do you expect them to come back toyou in less than 10 working days? They will need days to go through all the CVsthey have got.In my opinion, something else is the reason for that. Myfather always says that getting a good job was easier before than it is now. Hesays people were smarter in the past than they are now.

Interesting outlook, but I am afraid I can’t agree with him.He says, for example, he has only got a High School Diplomaand he was offered a job immediately after he completed his school studies in1980. On the other hand, look at 2018: many young people don’t get an immediatejob offer even after they complete their Bachelor Degree, let alone High SchoolDiploma, he says.I’m sorry Hamed, but your father is looking at it from thewrong angle. It has nothing to do with smartness.

There were only very fewyoung people with a High School Diploma in 1980. So it was very easy for themto get jobs, where as we have got many more post graduates in Oman today.Obviously, it is not easy for a High School graduate to get a steady job.Are there any jobs left for us, I wonder.Of course there are. More companies and industries arecoming up every day.Why, then, is unemployment, i.e.

having no job, increasingall over the world? In my opinion, unemployment is one of the biggest issuestoday.Young people without a job is certainly an issue, but therate of unemployment is actually coming down in many countries. For example, inthe USA, the UK and Germany it has decreased very noticeably in the last 7years.

In the year 2010, which is 7 years back, the US had 10% of its workforcewithout any job. However, the US rate of unemployment has come down to nearly4% now.That’s good news, but the fall in the price of oil isgetting me worried. What’s going to happen if it continues to fall like this?Oh Hamed, you should play less football and read more newspapers!As a matter of fact, the price of oil is increasing: it is standing at $67today compared with $29.64 in January 2016. The future is not as bleak as youthink it is!You seem to know everything Fatma! How do you manage to knowabout all these stuff?I watch news programs on TV and read most of the localnewspapers.

I also read The Economist. It’s a London based weekly that looksinto these kind of things.Wow! Could you lend me your copy of The Economist after youread it?Gladly Hamed, but will you get time to read it after yourfootball?To be honest Fatma, I’m not sure myself!

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