includes the economic prosperity, economic depression, and economic recovery, that is experienced for a long period of time. The recession is also defined in the reduced demand for services, wherein there is a reduction in different types of services and really affects in the growth of the gross domestic product rate or the GDP rate. Inadequate goods and supply really affect the economy by having a scarcity and limited supplies of goods. The word “recession” refers to a period of economic activity is
affected business reported in decrease rate of customers which causes stock price to fall, due to the situation at hand the government slash the economic progression report to 0.5% in the year 2003 to balance out the pressing issue. However the government together with the other industries including the Singapore Tourism Board has overcome the problem when a relief package being issued to aid those affected by the SARS outbreak economic progress fall which instigated a fee rebate for airlines and cruise
Merriam-Webster dictionary defines the American dream as, “a happy way of living that is thought of by many Americans as something that can be achieved by anyone in the United States especially by working hard and becoming successful.” This “American dream” appeals to many immagrants and draws them to the United States where they hope to turn their lives around for the better. Entrepreneurs such as Jerry Yang, the founder of Yahoo and Indra Nooyi, the CEO of PepsiCo, are immigrants that proved
unemployment and the distress it may cause on hospitality graduates. The literature will review sub-topics that will assist the researchers with answering the research questions which includes: What are the impacts of unemployment on hospitality graduates? What are the distresses that hospitality graduates face as a result of unemployment? How the distress faced impact the graduates? The sub-topics of that will be discussed in the literature will include causes of unemployment, consequences of employment