Subdued Job Report

Overall activity in our nation’s manufacturing sector has declined and in recent years to the lowest level in more than two decades. Thus, the declines resulted in increased unemployment rates among the manufacturing industry in the U.S. One cause of the joblessness increase is because companies employ worker’s that are so productive that fewer employees are required to produce more goods. Ultimately, the U.S. economy is no longer manufacturing-based; rather, nearly 85 percent of U.S. jobs now come from the service sector.

In any economy, no matter whether it is controlled by the government or by free markets, people need to work in order to support it. The government does not generate tax revenue by magic. There have to be people in that economy earning an income to ensure that the government continues to collect taxes. In a free market economy, the same applies because there are some services which only an organized government can supply (such as protection from extra-national threats), but there also those which the people get for themselves because of the working of the markets. In any scenario, unemployment is, at the very least, a drag on the economy, and it can be much worse. This paper examines how the unemployment rate in the United States is underreported, and how that fact effects the sluggishness of the present economy.

The purpose of this report is to conduct a critical appraisal of a published article.

Overall Adam discovered how much job opportunities in factories have been declining over the last couple of years. Whether it be to new machinery coming in to do someone’s job or bringing the work offshore so Americans don’t have the opportunity to work. Something is going to have to change or at some point it will all be machinery running the factories.

It is hard when you are a middle class family, and eventually a good life passes to be a low income family. Not just a Paycheck from Unnatural Causes describes how unemployment, and change on class & income can transform people 's health. The film presents how a middle white family started seen discrepancies among being working class and the rich. In fact, they start to understand what mean being unemployment. Basically, the film briefly explains the reasons why companies have to move to different places not matter the wellbeing of their workers. Thus, what really matter in this industrialized world is profit, and that 's what company holders are seeking at cost of anything. Clearly, companies do not care what is going to be the life of an unemployment because chair holders never have to experience it generally. In reality, the closure of companies directly constitute to a negative impact on the rate of jobs and the stress level on the people who lose their jobs which is connected to the health of the US.

Beginning with unemployment in the 2007-2009 recession, U.S. unemployment rates peaked at 10% as well as held 41 consecutive months at rates higher than eight percent (Lazear 1). The U.S. economy plummeted during this time; many attributed the shift to a large decrease in the number of employed workers. To be able to better understand the unemployment issue, we must first examine the form of unemployment faced by the U.S. economy. Many believe that the changes faced by the U.S. labor market

My perception of the blue collar Americans was transformed as a result of the book. Previously I had always felt that is someone wanted to find a job, they could. If a hard working American went out into the work force looking for a job that could support them, then they would certainly find one. However after reading the book, I now understand that it is not always this easy. Sometimes the jobs that are offered to the blue collar Americans are not good enough to support themselves or their

Issues like downsizing and overseas relocation had always seemed distant to me until my co-workers at one factory told me that the unit I was working in would be shut down within six months and moved to Mexico, where people would work for 60 cents an hour”, in this statement he gives the readers reasons for factory work being a hard way to live. Lastly, this statement he made, “The things that factory work has taught me how lucky I am to get an education, how to work hard, how easy it is to lose that work once you have it are by no means earth-shattering” the author is giving examples of the different lessons that leads to my main claim about his purposes for writing his article.

According to an article written by Sam Kennedy (Kennedy, 2014), the Lehigh Valley lost jobs this past February for the first time in about four years. This pushed some long-term unemployed persons and

Mills continues about the unemployed individual, '...but when in a nation of 50 million employees, 15 million men are unemployed, that is an issue, and we may not hope to find its solution within the range of opportunities open to any one individual'. (Mills 1959: 9)

The article is very well writing and seems to be very well researched in many areas throughout the entire article. What I am not impressed with is the way that the author executed some of the beginnings and endings of topics. There were some instances where it did not make any sense to me.

Before entering into details about these findings, I would like to provide some information about the labor market.

There is no question, especially in the light of the rear view mirror of the car industry in the last decade, that any book written by an ex-executive the industry will have some revisionist history. In this regard Lutz did not disappoint, and from a self-described product guy, he seems to lay out the reasons for the incredible collapse of his industry everywhere else except at his feet. For some reason the forces that commandeered Detroit, and to a larger extent the car industry as a whole, were in part because myopic leadership was out of tune with the wants and needs of the consumer. This accusation of tone-deafness is certainly nothing new for many industries devastated by the Great Recession.

Jobs’ gave his commencement address at Stanford students graduation ceremony in 2005, which had an audience size of about 23000. The audience is composed of immensely diverse groups of people including the graduating students, their families and friends, faculty, honored guests and other Stanford afflicted groups. For this analysis, however, I am going to a particular part of the audience, the graduating class, to whom I believe the

The United States is currently experiencing a slow recovery from the recession of 2008-09. The current unemployment rate is 7.7%, which is the lowest level since December of 2008 (BLS, 2012). However, this rate is believed to higher than the rate that would occur if the economy was operating at peak efficiency, and it is also believed that there are structural issues still underpinning this performance. For example, the number of Americans who have exited the work force as the result of prolonged unemployment is believed to be higher than usual. In addition, the Congressional Budget Office (CBO, 2012) notes that long-term unemployment of greater than 26 weeks is at a much higher rate than normal, which will have adverse long-run effects on the economy, since workers with long-term unemployment often find their career paths derailed.