Improving the Employment Rate

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 in America is a huge factor with noticing on how well the labor force has been doing in the past. Overall the unemployment rate in America has been slowly decreasing in the past couple of years. “The unemployment rate hit 10 percent in October [2009], and there are good reasons to believe that by 2011, 2012, even 2014, it will have declined only a little” (Peck). It is a slow process, but hopefully in the future it will not be a problem anymore. Another statistic that should be looked at is the poverty rate in America. “The official poverty rate in 2006 was 12.3 percent, down from 12.6 percent in 2005” (U.S. Census Bureau). The poverty level has relatively remained level and has not changed drastically. The poverty

Population levels have risen drastically, partially due to increased illegal immigration activity, that affects the job market for Americans.

The job market is not growing, but the American population is. Big business and government are not addressing the job crisis for the average working class. Policies are not being put into place to support those who are suffering. The American Dream seems to be changing into the American Nightmare. Society is favoring a technologically advanced world of big business where the average citizen is not looked after or supported. This kind of treatment is hurting not only the working people, but also the country as a whole. The United States is slipping in the ranks globally, and other more successful countries have continued to show that maybe the solution to this problem is to stop and finally listen and tend to the everyday

percent of people are out of work which means 11 million Americans are looking for open

The recent job growth is impressive with an increase in 3.4% though the unemployment rate is still at 10% (U.S. average is 5.2%). With this recent increase, there is

The United States is the leading economy across the globe and experienced several tribulations in the recent past following the 2008 global recession. Despite these recent challenges, there are expectations among policymakers and financial experts that the country will experience solid economic growth. Actually, financial analysts have stated that the U.S. economy will be characterized by increased consumer spending, increased investments by businesses, reduced rate of unemployment, and reduction in government cut. Some analysts have also stated that the country’s economy will strengthen in 2014 with an average of 2.7 percent or more. However, these predictions can only be understood through an analysis of the current macroeconomic

In 2012 the unemployment rate was at a high rate of 8.1%, according to Marilyn Geewax on the website The Two Way. Geewax also claims, the unemployment rate in 2016 lessened to 4.9%. Jobs around America are always changing depending on the economy.¨The Broken Basic Bargain¨ focuses on how the economy has both its highs and its lows just like jobs do in ¨Mike Rowe: Learning From Dirty Jobs¨.

During the Great Depression, the stock market had crashed horribly and the country was in financial crisis at the time. Many people, were out looking for jobs to help their country. Most importantly, what got the country back on its feet was the fact that many people went from the status of being unemployed to employed. But now it seems like America is having a minor unemployment crisis that is not as major as the Great Depression, but one that should definitely not be overlooked. Strangely enough, this crisis has become extremely controversial on how to properly correct the situation. Seeing as the rates of unemployment only seems to increase, the question of forcing citizens to work is an alternative solution. Moreover, the unemployment crisis

If we want to get back to an equal and steady employment level, then we would have to create about 5.6 million jobs. But, at the current pace that everything is going right now, we would not get there until July of 2018. I think that the federal government could start rebuilding our infrastructure, rebuilding the abandoned houses and buildings, and help long term unemployed workers reenter the labor force.

The job market has seen its share of ups and downs in the previous years due to the financial crisis caused when the housing bubble burst in 2008. There is growing concern that the influx of illegals into the country are taking away jobs from the native of the country making them social enemies of all things. The Pew Research Center has an estimate of 11.3 million illegal immigrants are found living in the United States in 2014 with an average of 350,000 crossing through the border illegally each year (Passel & Cohn, 2015). The numbers suggest that the current trend is that those people are coming into the country to look for a better a life, which in most cases this is correct but the fact remains that they still need to find a place of employment.

1. What should the federal government do in order to encourage investment in human capital?

Ever since the Recession of 2008, the process of acquiring employment has become extremely challenging and exhausting. After months of searching, a significant amount of job seekers are willing to accept any job offers that will allow them to put food on the tables. If you follow the United States’ economic recovery, you probably know that there are about 10.5 million unemployed Americans and constant debates about how to create more jobs. What you may not know is that there are actually four million open jobs waiting to be filled. So how is it possible and who is there to blame?

In America, there is a large amount of job openings going un-filled because there are not enough people looking to fill those jobs. The percentage of adult Americans that are working or actively looking for work is at 62.6 percent (Soergel, 2015). The labor force participation rate in America has been in a decline, which reflects the changes in demographics and the effects of different economic policies. The labor force participation rate is the ratio between the labor force and the overall size of the national population in the same age range.

At the end of 2012 the National Unemployment Rate was 7.8% (“Labor Force Statistics from the Current Population Survey”) and employers were struck with the daunting task of filling 3.6 million job openings (Smith.) In an article for Forbes on the subject of the daunting prospect of the job search, Jacquelyn Smith shares this startling fact: “The average number of people who apply for any given job: 118.” With the downturn in the economy in recent years, candidates for any given job can include inexperienced job seekers, seasoned competitive candidates, and even those who are looking to start their second or third career. The job market is flooded. Employers are overwhelmed by the sheer number of applicants, sometimes willing to compromise