Personal Organisational Development Essay Example | Topics and Well Written Essays - 2500 words

Personal Organisational Development - Essay Example However, the country currently induces foreign investors in its economy, which has led significant growth. Currently, the country’s economic prospects ranges at 78% for the service sector, and a reserve valued at ?250 billion (Great Britain, 2012, p, 57). These advantages translate into increased balance of payment for the country. Further, it is economically sound to rate UK as one of the best countries to secure employment opportunities due to its broad spectrum of industries. Through the establishment of the Keynesian theory towards an evaluation of the UK economy, it is evident that the UK economy holds diverse employment opportunities to graduates. The theoretical approach stipulates that, during the short run and long run periods, productivity of the economy will shape up to conform with the desired increase in investment thus propelling the growth of opportunities. The implementation of the theory in transforming the economy is vital since it declares that supply may re main constant during an increase in the level of demand for employment opportunities. Therefore, the constant supply of labour force from graduates will lead to an increase in its demand, which consequently results to high salary offers, decreased unemployment levels reduced rate of inflation (Yaeger and Sorensen, 2009, p, 114). Despite the economic crisis witnessed in the previous period, UK’s investment growth and the constant maintenance in population translates to unlimited opportunities for graduates from different careers. Finance companies in the UK seem to be engaging on continued promotion of their services while neglecting the fact that the sector suffers broadly from crises. It is evident that the corporations derive challenges from the increased number of unpaid loans while the employee population, demand for salary increment to match the escalating costs of living. The corporations admit that the prospective employees who qualify after the recruitment should be k nowledgeable of the past financial performances. Since the year 2005, the economy of UK witnessed a slight increase in the rate of unemployment at a level of 7.3% with a 1.3% emanating from the financial sector. Arguably, the country’s wealth of diverse investments helped it to recover from the GDP deficit rated at 1.2% in the unemployment levels. Predictions of a continuous rate of reduced unemployment among the citizens seemed ill to the extent that the economy realized a high of 7.8% and a low of 7.3% in 2008-2012. Analyses depict that the concurrent changes in the employment sector of the economy are implicit on the exchange rates of the GBP. Anticipations of the UK financial sector as presumed by economic advisers are that the country would recover the employment rates and eradicate unemployment through implementation of foreign policies. For example, they derived an understanding that the country’s reserves were instrumental in reshaping the employment levels thr ough an increase in funding and reducing the sovereign debt. This implicates on increased advantage of exchange rates over other foreign currencies for example, the American dollar. They implied that the foreign exchange advantage would lead to an increase in the GDP and per capita incomes (Duckworth andTummons, 2010, p, 42). This would implicate at immediate increased employment rates. However, the increase in the debts that befell the finance industry