Persuasive Essay On Unemployment

While this is often true, it can create problems when a student does not have the money to pay for a quality education. The cost of college has risen an estimated 250-500% over the last 30 years while consumer price index has only increased by 115 percent during the same time frame (White, 2015; Eskow, 2014). The amount of student loan debt is increasing, along with the cost of college. The income of many young people today cannot keep up with the rising costs of college education and housing. Part of the problem with student loan debt begins when students choose to attend a college that exceeds their financial resources and rely on federal student loans as well as private student loans to make up the difference. Eskow found that even public colleges and universities are becoming difficult to pay for without taking out student loans often averaging $30,000 for tuition, room, and board (2014). Since many people do not have enough money to cover college education expenses, they rely on student loans, both federal and private, to fill the gap. Financial advisor Ramsey stated that often the loans students take out pay “for an off-campus standard of living, and no debt was needed to get the degree” (2013). “The Project on Student Debt reported in 2013 over ⅔ graduating seniors were leaving school with student loans” averaging approximately $28,400 (White, 2015). Taking on almost $30,000 in debt before even starting a career can have a significant impact. It can force people to get a job just to pay off the student loans, not based on what they got an education for prepared for or what they studied. This also can cause a setback in future plans, having to delay many adult milestones due to lack of

Living or subsistence wage is amount of income needed to maintain basic standard of living. Theoretically, this wage should bring people out of poverty if implemented. The real take home wage for most workers are far below this ‘utopic’ living wage. Absence of living wage for most workers has been recognized as a contributing factor to the difficult task of upward social mobility with resultant diminishing equality of opportunity and relative poverty for most workers in this country today. The concept of working poor is born out of this dystopic social stratification. The threat this and other social determinant factors posed to the realization of the lofty goal of ‘American Dream’ are the subject of this paper.

Before people push a minimum wage increase, they need to be totally aware of all of the positive and negative results and consequences that might occur as a result. The issue concerning what to do about the minimum wage has served as an ongoing controversy amongst several people. The federal minimum wage should not be raised for several reasons including the harmful effect on small businesses, the increase of poverty, and the augmentation of competition for jobs.

Welfare started as a temporary response to the economic crash in the 1930s. Its primary goal was to provide cushioning to the families who lost the ability to be self-sufficient during the Great Depression. Yet, as America slowly rose back to becoming prosperous and wealthy, a significant chunk of America's population stayed below in the transitioning social system. The welfare system started to become counterproductive to the government so that, in the 1990s, Clinton hastily came up with legislation to end welfare, more famously known as the Welfare Reform Act of 1996. This road that Clinton led ended in a downfall as more people than ever before are now dependent on the federal government for food, housing, and income. Our current welfare reform may need another reform before welfare can truly end.

Although America is known as the richest country in the world, 43 million of its citizens are in poverty. Unfortunately, some of them work full time, yet are still in poverty due to the low minimum wage (“Should We Raise”). In 1928, the first federal minimum wage of 25 cents per hour was set by President Franklin D. Roosevelt to prevent workers from being underpaid. Since 2009, the federal minimum wage has been $7.25 (Smith). The age old debate of whether or not to raise it is still going on in the US. The federal minimum wage should be increased to keep up with inflation, help support the poor, and stimulate the economy.

I decided to write about how I felt regarding the federal government's involvement in controlling the minimum wage and that I felt they are disconnected in their understanding of the impacts on communities when they raise the minimum wage. I work for a manufacturing company in the U.S. and I understand wholeheartedly what the impact of salary increases due to our bottom line. In very competitive markets the difference between success and failure can be separated by the difference of only a few dollars per part, and while in other countries, their manufacturing bottom line is subsidized by their governments we are forced to generate profits the old-fashioned way through supply and demand. This is why I decided to take a stance in my persuasive essay and challenge the status quo of the Department of Labor and Wages. No longer should the federal government dictate a national minimum wage but should allow each state to establish their own minimum wage based on the economic condition of their counties and their state, as a whole.

In addition, opponents of the dream act claim that the 800,000 young people that qualified for DACA are taking jobs that belong to U.S. citizens. The dreamers have a tough fight ahead of them as attorney general Jeff Sessions went on to attack the dreamers uncompanionably by explaining that, because of them “hundreds of thousands of jobs were denied to U.s workers and given to the DACA beneficiaries. The statement made by the attorney general implies that there is an exact number of us jobs available and that the millions of Americans who are currently unemployed can blame fully blame the dreamers without taking into consideration the many factors that contribute to the unemployment of Americans. However it is important to note that the general failed to provide evidence or statistics to support his claim. Therefore, I will point out limitation to his argument by providing clear statistics that show that, the US labor market has been relatively healthy in recent years and even continues to improve. To illustrate, the graph below represents the US unemployment rate. The graph shows that, the US experienced a steady decline in the national unemployment rate, and according to data released in September by the US department of labor, there is an estimated 6.17 million job openings as of July 2017.

Humanity reaches unbelievable heights, discovers old civilizations, creates supersonic aircraft, launches every day new high tech gadgets, but fails to resist the challenge of the 21st century- the poverty. The U.S.A. has experienced crisis and prolonged period of economic instability which threatened first of all the economic security of individuals, families and whole communities. The minimum wage becomes a wealth inequality and economic segregation that endangers the ability to eat and remain healthy, have access to education and new opportunities. In these circumstances, replacing the minimum wage with a living wage will serve as a relief for the poor and will bring benefits to the local businesses and the economy as well.

The people of America are all for raising minimum wage to fifteen dollars an hour but what the people do not know is that raising minimum wage is not going to help the people in poverty. Raising minimum wage is only going to hurt the people in the middle and lower class by making the cost of living go up, leaving the people with education based jobs making around the same income, and creating a bigger career mess.

One of the most acrimoniously debated problems in American society today is the debate over the minimum wage. The minimum wage, established in 1938 by President Roosevelt, was made to be a safety net for people who provided unskilled labor, but also needed to provide for themselves. Up until that point, people had no guarantee that they would be paid. The minimum wage was quite literally one of the only lines of defense unskilled workers had in harsh times, such as near the end of the Great Depression. In today’s society, the minimum wage is still a means by which unskilled workers can provide for themselves, but many people have lost track of what it originally meant. The minimum wage is no longer specifically meant for people in dire need, having to take the first job they find. People now perceive it to be something into which they can settle, even in today’s society, where opportunities for hard workers to be promoted are frequent and encouraged. Despite the chances people have to seek out promotions, most $15 minimum wage proponents believe that they are entitled to having the minimum wage increased because they believe it would put them at a “livable wage” and that businesses owe them higher pay because of the cash flows they generate. As a federally mandated expense to businesses, it is critical for people to consider the possible negative outcomes of trying to forcibly make businesses, whether large or small, pay an increased minimum wage as drastic as $15. Not only will it negatively affect the U.S. economy, but it will also put minimum wage workers at the same level of disadvantage, if not more.

Imagine spending your day with lights, sirens, blood, and death. Imagine having someone’s life in your hands every time you go to work. Then imagine working 24 hour shifts only to return home and sleep for a few hours before returning to your second job and doing it all over again just so you can provide for your family. This is the life of emergency medical technicians across the country and many others like them. Now imagine that the teenager next door that work at the local fast food chain makes the same amount of money as you do. Due to the current minimum wage increases being seen across the country, this is being becoming the reality in this country. The increase of the current minimum wage is targeted to help individuals in low paying

The American society has made huge developments since the Civil War era. Advances in technology, transportation, and home quality have had a wonderful effect on the economy, but at a hefty price. While the standards of living have rose dramatically, it has become harder to produce enough income to acquire them. In the 1930s, a minimum wage act was established to help the victims of the Great Depression out of poverty which is still running today, but now it is hard to live of minimum wage while trying to support a good health or a family. There has been a high demand for the increase of minimum wage, but politicians fear the effects of this drastic change. Writer Rex Huppke and “The Economists” have wrote detailed articles concerning politicians’ ideas on minimum wage and how they plan to address this issue. The narrators address these controversy in their articles, but their writing is varied on the facts, opinions, and main idea of increasing minimum wage.

The poverty levels in America are a major problem. The cost of things like rent and education have risen dramatically in the recent years, making it difficult not only to live, but also to become a skilled worker with a lot to offer companies. Unfortunately, minimum wage has not kept up with rapidly rising prices. People working on minimum wage cannot support themselves, much less a family. Many think that the problem can be easily solved with a raise in federal minimum wage, but those people fail to understand the many trade-offs that would accompany. Not only would a minimum wage raise to 15$ have a major effect on employers costs and the cost of goods, but it would also cause a major rise in unemployment(Gitis and Holtz-Eakin). A raise in minimum wage would not only fail to move the lower class out of poverty, but would have adverse effects on the majority of them.

If an aspiring college student doesn’t have the necessary funds to attend school, there is another option they could use to pay for school. Student loans are a popular choice so that the student can pay for school. While this may seem like a great option for affording school, it can be a devil in disguise for many. The New York Times reports that Americans owe over 1.4 trillion dollars in student loan debt (Kelly 1). This happens when a college student takes loans with the belief that the college degree they get will help them achieve a higher salary which will in turn will help them pay off their debt. This often isn’t the case. A student takes the loans and attends school, but does not receive the salary that they were hoping to acquire from attending school. A standard payment plan for students is to pay off their debt in ten years, but according to a study conducted by US News, the average bachelor degree holder takes twenty-one years to pay off (Bidwell 1). This is a common occurrence as well, a report conducted by The Institute for Collee Access and Success shows that in 2012, seventy-one percent of college graduates had student debt (Serrato 1). The current system that the government offers to help those struggling to afford a secondary education is a flawed program that needs restructuring.

Money is an important component that can help ones to function properly in this society. However, money defines our self-worth and value in this society. For decades, unemployment has become a big issue in our community. The younger generation are the one who suffers the most from the crisis. In 2009 alone, 6.7 million youths joined the ranks of the unemployed, and compare this with an average annual increase of 191,000 in the 10 years before the crisis 1997 to 2007(Elder,2010). Youth unemployment is a crucial issue in our society. Unfortunately, a lot of young people are going through that situation. When it comes to find a job, young people are the less fortunate for many reasons. For instance, some employers might be biased on ages and believes that young people do not have skills or enough experiences to perform at the level required for the jobs. The problem of youth unemployment has many causes and consequences in our society. Youth unemployment can affect the economy, family relationship, increase crime rates and, mental health.