How Cultural Diversity Is Changing the Workforce In today’s society there are many culturally diverse people in the workforce. Most organizations can no longer make the assumption that every employee has similar beliefs or expectations. When entering into the global marketplace, people are considered one of the most valuable resources to an organization’s success. A well-managed culturally diverse workforce has the potential to thrive if managed correctly; or if mismanaged, there can be devastating negative attributes. With great expectations, culturally diverse employees can foster positive outcomes in the workplace. A company’s acknowledgement to embrace diversity and change, and implement the value of management techniques are …show more content…
From our research, we identified three different perspectives on workforce diversity that people embrace, each with different implications for a work group’s ability to realize the benefits of its cultural diversity. We use these observations here to examine critically some of the themes and basic assumptions of previous research and to propose new directions for both researchers and practitioners interested in diversity (Ely &Thomas, 2001). When organizations have a diverse economy, it makes the company strong. Once our nation has embrace the changes from the demographics that reap the economic benefits of a diverse and inclusive workforce. Burns et al. (2012) stated in their investigation that:
“In June 2012, approximately 155,163,00 people were in the labor force (those actively employed or seeking employment). With a total U.S. working-age population of approximately 243 million individuals, the labor force participation rate currently stands at 63.8 percent. Out of those 155 million individuals in the labor force, 142,415,00 are currently employed, with unemployment hovering around 8.2 percent”.
Statics stated by 2020 the labor force is projected to reach more than 146 million U.S. citizens, a 5.9 percent from today. Economists predict the labor force participation rate will decrease over the coming decades, as an aging
total labor force of the Nation. And as new factories come into operation, we must find
If immigrants, legal and illegal, are coming to the United States for better opportunity one would assume that they would reside in areas where employment is plentiful. Becerra also points out that of the 11.9 million illegal immigrants, 8.3 million are represented in the workforce meaning that 70% of illegal immigrants are in the workforce in 2010. This is greater than the total 2010 average labor force participation rate of 64.7% (Databases, Tables & Calculators by Subject, 2015) supporting that statement that illegal immigrants reduce unemployment as their participation rate exceeds that of the total
Increase of labor supply in low-skilled areas will lower salaries and strengthen unemployment rate (competition between native-born workers and undocumented immigrants for the same jobs). Job availability would diminish. However, the workforce would be diversified as varying talents and capabilities would be broadened. Production will increase. The nation’s labor force of 154 million people includes an estimated 8.3 million unauthorized immigrants. The 5.4% unauthorized-immigrant share of the labor force in 2008 rose rapidly from 4.3% in 2003, and has leveled off since 2007 ("A
As of March 2011, the current unemployment rate in the United States is 8.8%. (US Dept of labor) With the US Census Bureau estimating that 8.7 million illegal immigrants reside within
Today’s management in the workforce is composed of all types of people verses thirty years ago when white males held a majority of upper-management positions in companies. These positions are now held by a mixture of ethnic back grounds and women who hold just as many if not more management positions then men. Just by looking at the changes in management demographics shows how important it is for people to understand cultural competency in the workplace. Dr. Roosevelt Thomas Jr. (1999) stated, “Diversity is the collective mixture of whomever we have in our workforce characterized by their differences and similarities” (p.11). Managers and supervisors must understand the characteristics of a diversity mature individual; they also need to be
In the beginning of 2012 the employment growth averaged 151,000 per month. This averaged about the same monthly growth in 201l, which was at 153,000. “Both the unemployment rate (8.3 percent) and the number of unemployed persons (12.8 million) were essentially unchanged in July.” The employment rate in 2012 for ages 16 and over was 8.3 and the rate for 25 and over was 6.9. In 2011 the rate for 16 and over was 9.1 and 25 and over was 7.8. (BLS, 2012)
In first decade of the 21st century, the US Unemployment Rate was approximately 6%, but this does not mean that 94% of the country had a job.
The unemployment rate rose to 4.7 percent in December, less than half of its maximum during the recession, while the rate of labor participation, which remained unchanged for the past three years despite the demographic pressure, increased to 62.7 percent. The average hourly earnings for all private workers increased by 2.9 percent during 2016.
In 2014, the most recent complete fiscal year, the Gross Domestic Product (GDP) of the United States was $17.42 trillion (The World Bank, 2015). This is an increase of 3.9% over the 2013 GDP of $16.7 trillion and a drastic 17.2% increase over the GDP just 5 years ago in 2010 (Trading Economics, 2015). The US GDP represented 28.1% of the total world economy during that time (Trading Economics, 2015). Along with the improved GDP, the US has also experienced a reduction in the unemployment rate. The unemployment rate at the beginning of 2010 was 9.8% and it fell to 5.6% by the end of 2014 (United States Department of Labor, 2015).
The United States labor force currently stands at 156 million vs. Vietnam’s 52.93 million. Foreign investors are attracted to Vietnams lavish labor supply as the country is a solid base for sustainable economic growth. Vietnam’s employee population ratio currently stands at 76% (17% higher than the United States) and is steadily growing at a rate of 5.9%. Despite the economic downturn of 2008, the U.S. economy has steadily grown at a modest pace of 2%. The current unemployment
As mentioned in our text, Economics (Arnold, 2011), the total U.S. population is broken up into two separate groups. They are as follows: 16 years and under, the armed forces, and the institutionalized (these 3 sections make up the first group). The second group consists of all others in the total population-labeled the civilian non-institutional population. The civilian non-institutional population is made up of two groups-those in the labor force, and those not in the labor force. Those who are considered to be in the labor force are either employed or
The current labor force market in the United Kingdom was last reported to be in good standing. Between April to June of 2017 and July to September of 2017, the number of people in work fell slightly along with the number of unemployed people. There were 32.06 million people in work, which is 14,000 fewer than for April to June 2017. The employment rate was 75.0% and the unemployment rate was 4.3%, which is less than the 4.8% rate announced earlier in the year. The labor force participation rate decreased to 78.4% in August of 2017 from 78.6% in July 2017. The current UK unemployment rate is the lowest rate reported since 1975. Average weekly earnings for employees in Great Britain increased by 2.2% in nominal terms, while the average
In any society, how we see ourselves and how others treat us depends on many factors. Race, ethnicity, and cultural background are identifiers of individuals. Most people have confronted prejudice based on these identifiers, either personally experiencing discrimination or knowing someone who has. Beyond ensuring organizational compliance with a country’s anti-discrimination laws, it is incumbent upon managers to support diversity in the workplace and to be culturally competent.
Often the idea, when having cultural differences in employees, is that treating everyone the same can avoid uncomfortable situations. This causes more harm than good, companies can be stuck in their ways of teaching and not individualizing their teaching based on the person. The more the world is becoming diverse the reality is that instead of treating everyone the same, companies should celebrate the diversity, not everyone learns the same but even more so in different cultures. It’s very important to know the differences when teaching employees and getting to know them, you will learn know their motivations and their way that could possibly improve your business. This also helps the other employees see different ways of doing things that could also better their performance. Some ways that cultural diversity influences motivation in learning are by showing other employees that there is more than one way to something and helping the diverse employee learn the way they learn best and it helps us connect with customers that are culturally diverse.
In olden days, the managers considered culturally diverse workforce as a dangerous aspect of the organization, because at that time they could not properly manage the diverse workforce. But still now if the diverse employees are not effectively managed, they would provide serious disadvantages to the organization.