The Unemployment Of The United States - 1026 Words

In the United States, the unemployment rate measures the number of people actively searching for employment as a fraction of the labor force. While things seem to be looking up for the economy with lower gas prices and grocery bills are decreasing, unemployment still seems the plague the country. Only 63 percent of working-age Americans have a job or are actively looking for one -- the lowest share of the population participating in the labor force since 1978. (The population of working-age Americans here includes anyone over the age of 16, including those who have retired and students). Some of this is due to the fact that Baby Boomers retiring HuffPost s Mark Gongloff wrote. â€Å"Most of it has to do with the fact that the economy is still too weak to create enough jobs to draw people into the market. This is most clearly evident in the fact that younger people are leaving the labor force, too or never even entering it because they can t find jobs† (Goyette, 2014). There are plenty of jobs available in the United States. The fact of the matter is, most are low paying jobs and people with years of work experience and college degrees are not willing to accept those jobs at first. The reality is most people have to start at the entry level and work their way up, unless they have good connections or it is a family owned business in which they do not have to worry about competing for promotions. Unemployment Rate in the United States averaged 5.82 percent from 1948 untilShow MoreRelatedUnemployment Of The United States1545 Words   |  7 Pages Brian Winter Ms. Cintorino English 11-R 5 April 2017 Unemployment in the United States Many people believe that their job defines their place in society and that productive, con-tinuous work is one of the elements needed for a happy life. Therefore, when a person becomes unemployed, he/she may lose hope, disrupt relationships, become depressed or sick, and even su-icidal. â€Å"Long term unemployment can often be financially, emotionally, and psychologically de-structive† (Krulick). In order to maintainRead MoreUnemployment Issues Of The United States Unemployment970 Words   |  4 PagesUnemployment Issues in the United States Unemployment is one top issue that our government faces on a daily basis. Many people are being unemployed as we speak. Even though the government is trying to take a lead on this major issue, the rate of unemployment is just too high. Why I feel strongly about this issue is because many of us continue to search for jobs daily and still no reply. There are many reasons behind being unemployed and those reasons are little issues that th e governor himself canRead MoreThe Effects Of Unemployment On The United States942 Words   |  4 PagesOver the course of many years the United States has done a very good job of creating and supplying jobs for the citizens. This could be an effect of our economic standings or is there a reason other countries do better than others? There are many countries that are doing better than the United States in the aspect of unemployment, but the US currently has a very low rate of 4.8% (List of Countries). The country that is currently doing the best is Qatar with a rate of 0.4%. This could be for manyRead More Unemployment in the United States Essay1008 Words   |  5 Pages The unemployment rate has dramatically increased over the last several months. This increase has created many complications for the American people. Although the United States economy has created over 7 million jobs, there is still a long way to go until the economy is back on track. The unemployment rate is divided into variables; such as employment level, unemployment level, labor force and stock variables. At a certain time in a recession they are measured in quantities. Due to aRead MoreThe Unemployment Rate Of The United States894 Words   |  4 Pagesnational unemployment rate in the United States from December 2015 is 5.0 percent, which has reduced from the previous months in 2015. The unemployment rates for Whites are 4.5 percent, which is lower than the national average. But sadly the unemployment rates for minorities are much higher. According to bls.gov the rate for unemployment for African Americans is 8.3 percent; although this number is the lowest it has been since 2007, theirs is still higher than the national average. The unemployment rateRead MoreUnemployment Rate Of The United States1719 Words   |  7 PagesBrandon Phan Phan 1 Ms. Barrett English 5 20 November 2015 Rough Draft With an unemployment rate of 5% and a population of about 326,079,646 people, there can be about 163,039,823 unemployed people in the United states. There are many things that the United States government can do to reduce Unemployment. In order to reduce the unemployment rate in the United States, the United States government could reduce the federal minimum wage to allow employers to hire more employees because ofRead MoreThe Unemployment Trend Of The United States Essay981 Words   |  4 PagesI will first discuss the unemployment trend from 1988 to 2010 using the article by Marios Michaelides and Peter R. Mueser titled Recent trends in the characteristics of unemployment insurance recipients. They wrote that, â€Å" Data from the Benefit Accuracy Measurement (BAM) program indicated that important changes in the composition of the unemployment insurance (UI) population took place from 1988 through 2010; changing shares, by gender, race and ethnicity, age, education, industry, and occupationalRead MoreUnemployment And Its Effects On The United States1443 Words   |  6 PagesThe United States is full of amazing things, historic landmarks, pizza, Nascar and countless other things that help set our nation apart. However there is one thing that our nation shares with every other nation in the world that isn’t so great, in fact many people would agree it is one of the worst things for a nation to have. No it’s not smallpox, it’s unemployment. Unemployment is unfortunately something a nation cannot vaccinate against. Sadly nations are always going to experience unemploymentRead More Structural Unemployment and Cyclical Unemployment in the United States2779 Words   |  12 PagesIntroduction: The high and persistent levels of unemployment in the United States have become one of the most debated topics among economists, policy makers and the unemployed for more than a decade; especially its impact and best approach to resolving the increasing unemployment rates. It is important to note that as much of a global phenomenon unemployment it is, unemployment occurs in numerous forms, economists have broken down unemployment into three main types: Frictional, structural and cyclicalRead MoreUnemployment Rate Of The United States1764 Words   |  8 Pages2000’s the unemployment rates of the United States have been constantly changing. For most of this time unemployment rates were increasing at a quick pace as the country was dealing with internal financial issues of its own. When people are out of work the rates of depression and crime seem to skyrocket. This is due to the lack of funds coming into a home which result in some less than admirable acts being committed. Ther e are many causes of unemployment and many effects that unemployment can have