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Top Paying Careers In Criminal Justice

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Crime is at large, now more than ever. We get to hear of unimaginably heinous misdeeds every day that can be nerve-wracking for the people who suffer from it. The motivations behind these actions could base on religion, race, ethnicity, nationality, gender, castes, and everything else that creates a bias in our society. The harsh reality is that it exists on every level and every scale, and people from all age groups and genders are equally prone to it.

Fortunately for us, we have adequate and competent law enforcement agencies to protect our interests and ensure the safety of our lives against these perpetrators. It might be risky, but is a highly noble profession that guarantees a respectable career. And with the development of proper governing bodies, this field has also adapted an efficient system to function with several branches.

Individuals who feel strongly about the security of others, or harbor a strong sense of morality readily line up to join this line of service. Besides securing the people from crimes, they also obtain a steady source of income for themselves. One with sufficient room for professional growth, although that is dependent upon the branch of law enforcement which they serve.

Choosing to pursue a career in this field can be a bold decision, but its many rewards make it worthwhile. If you can also see a future in this area, then here are the top-paying options that you should consider before picking any categories. These should help make your career even more exciting than it already could be.

1. DEA AGENTS

A DEA (Drug Enforcement Administration) agent works as part of a team that tackles drug trafficking and apprehends people involved in it. Because they deal with a range of tasks while performing their duties, a dea agent salary can be rather appealing for most people. Serving in this profession requires them to be proficient in several languages, have an apt understanding of body language, be remarkably flexible, and an expert in paying attention to details and decision making. You can expect an average yearly income between $60,000 and $90,000.

2. LAWYERS & ATTORNEYS

Criminal justice lawyers and attorneys can enjoy a comfortable living, thanks to the magnitude and abundance of cases for them in this area. They function by advising their clients in civil and criminal trials and informing them of the possible course of actions within their legal rights. Besides that, advocating before the court of law is a primary part of their job. They need to spend a total of seven years in undergrad and law school to consider bar exams and licensing for practicing. Upon completion, you can enjoy a yearly income of above $70,000.

3. DETECTIVE & PRIVATE INVESTIGATORS

This section of the criminal justice body specializes in active law enforcement practices and maintain order in a city. Detectives rank higher than police officers and work on solving specific cases by examining records, collecting evidence, and apprehending criminals. Most of them are advance from the position of a police officer by clearing specializing exams that test their physical and mental competence. Once they promote this level, they can get a salary of up to $90,000 in a year.

Private investigators offer similar services, but since they are not part of a system, they are more flexible with their work. They may be unlicensed and undertake all nature of cases. Thus, making them more suitable for private investigations.

4. POLICE OFFICERS

Police officers play a more significant role in the day to day activities of our lives. They maintain order, file reports, make arrests, apprehend offenders of the law, and respond to calls for individual assistance. Qualifying for this job requires them to clear training and pass several medical, physical, and written exams. After completing them, they can serve state or federal agencies following the defined code of law. You should expect to earn $40,000 to $60,000 a year. To get into a higher pay scale, try to apply getting done with your undergrad.

5. FEDERAL MARSHALS

Federal marshals perform a more narrow scope of duties. They are prominent members of the US government’s executive branch. Their job description involves providing adequate security to court officers and officials and ensuring the smooth functioning of the judicial system. Part of their job also requires them to convey and fulfill court orders, like arrest warrants or prisoner transfers. Individuals can join this field after completing a degree in criminal justice and three years of practice in this area. They are likely to start from a pay scale of above $38,000 a year.

6. FORENSICS ANALYSTS

Forensics analysts are the Sherlock Holmes of the world of criminal justice. They collect and analyze evidence related to criminal cases and make reasonable deductions or draw appropriate conclusions from their findings. They work closely with medical examiners, officers, and lab technicians to perform their duties. Exhibiting a sound understanding of ballistics, fingerprinting, biochemistry, and other implicit details of cases is essential for their jobs. People wanting to work in this branch need to complete a bachelor’s in criminal justice and get a forensic science specialization through enforcement agencies. They can start working with annual pay of $37,000 and expect gradual growth with time and experience.

7. PROBATION OFFICERS

Probation officers work on rehabilitating and reforming the lives of law offenders, convicts, and people still waiting for their sentencing. They supervise the activities of released criminals and run background checks on arrested individuals to help with the sentencing. A vital part of their job also involves providing recommendations on matters related to sentencing and reviewing court orders. They offer rehabilitation assistance and referrals to counseling, training, and community service programs for offenders. That makes their job rather important in intercepting and eliminating crime from our streets. These can start their careers from $35,000 and expect to go up to $60,000 a year with gradual growth.

8. COURT CLERKS

Court clerks provide clerical support with matters related to the municipality and court systems, as well as federal licensing agencies. They perform all the associated services and administrative duties for the judicial system. That involves issuing licenses, collecting fees, maintaining fiscal accounts, and verifying the propositions made in the court. They need to complete a 2-year associate degree and other technical programs from vocational schools. Depending on their performance, experience, and work, they can earn between $20,000 and $75,000 a year.

SUMMARY

These are top-paying career options in criminal justice that you need to consider for your future. Make sure to prepare for rigorous physical and mental exercise for all of them, as this field deals with everyone identically. Rest assured, you can envision a respectable and satisfying life ahead of you after joining this field.

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GCC returns to growth amid high oil prices and strong responses to COVID-19

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Gulf Cooperation Council (GCC) economies are expected to return to an aggregate growth rate of 2.6% in 2021, according to the latest issue of the World Bank Gulf Economic Update (GEU), “Seizing the Opportunity for a Sustainable Recovery.” The six-member GCC is composed of the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain.

Their robust recovery, which is due to stronger oil prices and the growth of non-oil sectors, will accelerate into 2022 as OPEC+-mandated oil production cuts are phased out and higher oil prices improve business sentiment and attract additional investment. These favorable oil market conditions have shrunk fiscal and external imbalances as export earnings recover. However, the outlook in the medium-term is subject to risks from slower global recovery, renewed coronavirus outbreaks, and oil sector volatility.

The World Bank’s latest GEU report focuses on addressing the wage bill in the GCC—the amount of government spending devoted to the salaries and benefits of state employees. Well-paid, public sector jobs are part of the region’s social contract, as well the free health care, education, social security benefits, and subsidized housing and utilities which citizens are often also offered.

“With high population growth and limited options in the private sector, the wage bill has become unsustainable in some GCC countries, as it is a large part of government spending and of the economy overall,” said Issam Abousleiman, World Bank Regional Director for the GCC. “Given their improved fiscal situation, this is an opportune time for GCC governments to accelerate their reforms agenda and reach the goals they set for themselves.”

According to the report, the average GCC wage bill over the past two decades has exceeded the Organisation for Economic Co-operation and Development (OECD) average, except in Qatar and the UAE. Many GCC countries have public sectors that are well within OECD norms size-wise, in terms of the numbers of employees. However, public servants are paid a wage premium of between 50–100%, which results in a high wage bill relative to the countries’ total spending and GDP.

Despite the oil price crash, spending on the wage bill and the numbers of people employed in the public sector have both risen inexorably upwards. Kuwait’s 2022 budget allocated KWD 12.6bn (about US$42bn) for salaries and benefits, or 55% of its total expenditure. Other countries in the GCC are in a similar position: Oman’s wage bill has doubled in the past decade despite efforts to cap its growth. Saudi Arabia’s allowances for civil servants rose from SAR 44bn in 2016 to SAR 148bn in 2019 and now form more than a third of the government’s total wage bill.

These high wage bills are adding excessive pressure to GCC budgets, especially in countries with fewer resources and limited fiscal buffers. In consequence, most are either introducing or expanding their tax bases, trimming back benefits, and exploring early retirement options for some staff. Rather than providing a prescriptive solution in their report, World Bank economists highlight some of the options adopted by other countries and suggest GCC countries reach consensus among stakeholders before moving forward.

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Finance

What can I do with an Economics degree?

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A degree in economics will increase your employability in any industry. High-skilled graduates are in high demand worldwide. The wide range of problem-solving and analytical skills that students with economics degrees have made them a versatile and valuable asset to the economy industry makes it a very interesting field. This filed is really difficult in getting in degree and quite who has ever learned economics have thought “I need help to do my economics assignment” but it is worth spending 4+ years if you are really into it.

Here’s a list of top economics jobs, including details about what you can expect and skills required.

Economist careers

A professional economist will research and analyze economic data, issues, and trends. You will need to complete a postgraduate degree in economics to be qualified to work as an economist. A professional economist will also need to be able produce economic forecasts and reports that can be presented to clients (individuals or financial institutions) and provide business advice.

Local and national government, private and public banks, insurance companies, think tanks, large multinational corporations, financial consultancies and accountancy firms are all possible employers. This role requires a solid understanding of current affairs and economic contexts.

Bank jobs in Economics

Economists are attracted to banking careers. These jobs offer great earning potential and high demand. A background in economics is highly valued for roles in financial management, financial planning and risk analysis. Bank careers focus on advising and providing services to a wide range of customers and clients, with a strong emphasis on meeting the financial needs of their clients.

Accountancy careers in economics

Further professional qualifications are required to become a qualified accountant. However, economics graduates can find many roles in accountancy. You can work in multiple industries and be an accountant. Your job focuses on the financial position of an individual, company, or organization. Accounting careers often involve recording, classifying and interpreting financial data.

Strong analytical skills and computer literacy are required for these careers. Accounting jobs are best suited for graduates in Economics who can easily make sense out of complex data sets.

Careers in economics and financial consultancy

Economists and economists are vital to the financial consulting industry and the business world. There are many opportunities for economics graduates to find employment in large and medium-sized companies that need to conduct economic research. A role as an economic researcher requires a thorough understanding of economic theories, models, analytical and problem solving skills, and mathematical ability. Similar roles would be filled by financial consultants working in the field of economics. However, they might work for multiple clients and produce reports as well as advising on business strategy. This role requires a high level of industry knowledge and understanding of corporate finances.

The public sector offers many opportunities for economic careers

Economists are highly valued in all aspects of public and private spending. The public sector often includes jobs in economics, including transport, commercial, waste and energy services. The recent global recession and tightening of economic regulation worldwide have led to an increase in the demand for economics students.

Careers in economics that involve data analysis and actuarial work

An actuary can be described as a business professional who advises on and evaluates the impact of financial uncertainty and risk. Accurate knowledge of both economics and business is used by actuaries to provide reports and develop strategies for reducing these risks. The majority of the entry-level roles in this field involve insurance and pensions. However, later you may be able move into areas such as banking, investments, or healthcare. Actuaries need to be proficient in mathematics and statistical compiling, as well as able communicate complex data to non-experts.

Careers and jobs in alternative economics

A background in economics can make it seem that almost anything is possible. Other common roles and careers in economics include stockbroker and insurer, business manager (retail merchandizer), retail merchandizer and pricing analyst, statistician and financial consultant, and salesperson.

If none of these interests you, what are you able to do with an economics degree? These are just a few of the options you might want to explore: international development and human resource management, journalism law, management, marketing research, politics, public relation, taxation and taxation. Or you can even start your own business as an entrepreneur!

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How Smart Investing can be a Significant Strategy for Traders

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Despite being one of the biggest sources of passive income, the forex market is still unexplored by many. The main reason is the risk involved. Traders, especially those with little experience, fear losing money because its an unpredictable and uncertain industry. However, the truth is that with smart investing strategies, you can save yourself from losses.

Strategies have always been an essential part of forex trading. Beginners are also advised to go through reviews, strategies, and recommendations from experts. For those who are just getting started, here are some of the strategies that can help in trading and smart investing.

Understand About Trading Styles and Your Goals:

When you decide to set out on a trading journey, the very first thing is to get a clear goal in your mind about the methods you are going to use. Each trading style has a separate risk profile attached to it. Therefore, the right decision is essential to have a successful trading journey.

Maintaining a slow pace

The best key to a successful trading career is consistency. Indeed, all traders have lost money, but if you have a positive edge, you can be at the top in no time. The best way to gain success is to educate yourself and create a trading plan for the future. Sticking to the plan and working on it is what you need to focus on.

Exploring new trading plans

Yes, consistency is important but never be afraid to reevaluate your trading plan if things are not working. The more your experience grows, the better your needs might change. Your plan must reflect your goal. In case your financial situation changes, you need to work with a new plan.

Checking your emotions

Keeping your emotions under control is what you need to look forward to. Never let your emotions do the talking for you. Remember, ‘revenge trading’ rarely ends on a positive note. If you lose a trade, don’t go all in and invest everything in it. Rather, try to stick to your initial plan and maintain the loss over time.

Knowing the market

The exact importance of educating yourself on the Forex market is essential. Try to understand every trend the trade has to follow and take time to study it all. You also need to know what exactly affects the capital before you risk it. This is a future investment that you are focusing on for positive revenue in returns.

Acknowledging your limits

The exact limit that you are willing to risk needs to be acknowledged before using it. The money invested in trade can never be returned after investment. This is why you need to set boundaries for yourself before actually using the capital. Never risk more capital than you can afford.

Knowing where to stop

Try to act upon the orders by maintaining a stop and limit-based order. The last thing you need to do is actually sit back and analyze the market every time. Trailing stops are very useful as it helps to specify the movement of the market in the future. In this case, if you place contingent orders, it will not limit your risks for loss.

Choosing the right trading partner

The right selection of the trading partner is as important as choosing the base capital. The right partner can help you create an influence over proper execution, pricing, and customer satisfaction. Take time to decide the partner and select it according to your need.

Bottom line

The above-detailed steps will help you to be a successful trader and help you towards success. But, remember, trading is an art, and the only way to ace it is by discipline and practice.

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