The Affects of the United States Economy

1195 WordsFeb 18, 20185 Pages
“UNEMPLOYMENT” The United State economy has been affect in many ways. Unemployment is one of these ways in which the economy is affected. Manufacturing companies are taking their business else where therefore causing many to be lead off. The fall of the economy at the end of our former president George W. Bush as led many of our citizen to be unemployed. It is the second highest rate that this country has seen since the 1980s. Our highest unemployment rate was in 1982 with a percent of 10.80 of our citizen been unemployed. The unemployment rate of our society today is at 9.60 percent leaving it 1.20 percent shy of 1982. According to the US labor report of August 2010, “The unemployment rate in the United States was last reported at 9.60 percent in August 2010. From 1948 until 2010 the United States’ Unemployment rate averaged 5.70 percent reaching an historical high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May 1953” (CIOL, 20010). Since the Obama administration, I have seen some changes in our Unemployment. Companies are hiring more than they did two years ago. Therefore opening up new jobs for our citizen such as welding, construction, and banking. In Conclusion, it is now time for us to focus on the big picture. It is not the time to turn a blind eye to the problems our country. If we as a society and a country continue to force, our government to think of the people and not of themselves there will be great changes. If our
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