Wong Ka Hing, Tom 6B
I have just read a news about the continuously enhancement of jobless rate. The government warned that more and more businesses would fall victim to the global financial turmoil because of the worsening unemployment; however, some economists said, it is only a start of a vicious cycle, it signified that the jobless rate will rises rapidly in the coming year.
I think the jobless rate is only a bad effect that directly reflects the economic crisis in the entire world, included Hong Kong. Not only the jobless people are the victims of the global economic crisis, but also all the HongKongers. Under this economic condition, the prices of everything are peak; however, their pitiful salary are not enhance in the mean time. It is beyond dispute that the companies are also affected by the global financial turmoil; nevertheless, the influence on them is relatively small; therefore, I think the big companies should bear the responsibility to low down their employers’ life stress, and to tide over this economic crisis together.
In short, I think the effects and also the side effects of this global financial turmoil have already spread in numerous territories and cause a lot of severe problems, hope this windstorm will far away from us in the foreseeable future.