One of the many problems that people in the United States face today is the problem of unemployment. Unfortunately, many Americans who are in desperate need of steady income just cannot find a reliable source of employment. In the United States, the rate of unemployment is currently 4.8 percent. Furthermore, in the state of Alabama, the unemployment rate in 5.9 percent. By looking at those statistics, it is easy to see that there definitely could be a direct correlation between high unemployment rates and rural areas. The Black Belt region of Alabama has some of the highest rates of unemployment in the nation. The region known as the Black Belt is in parts of Alabama, Mississippi, Georgia, and Tennessee. Specifically in Alabama, the …show more content…
Additionally, there are many vacant buildings and lots in these towns where production facilities used to sit that could still be used and would not take away necessary farming land. Furthermore, incentives could be offered to the plants if they opened in these rural areas. Local government (not state or national, as that could cause even more issues) could provide small tax cuts to the business for opening in their town, such as a lowered taxes on the land on which they build their facility, or lowered tax rates on the water supply for the building. Because these towns will be receiving more income from sales tax as new people travel to the area, these small cuts will be minuscule in the eyes of the money that will be flowing in from the new jobs being formed. Luckily for these plants, in many rural areas, there are already abandoned buildings that could be bought and used for production. Additionally, these businesses will benefit by opening in small towns by having committed workers who live nearby and will be willing to work their hardest for the company. In recent times, many politicians have promised to bring jobs back to the United States. If these politicians stay true to their word, unemployment single caution light that hangs over the center of my town is a warning to those who are entering the town. It says, “Turn around; there absolutely is nothing here.” To help out these
Since the early 2000’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. There are many causes of unemployment and many effects that unemployment can have on not only our economy, but our personal lives as well.
Russell County, Kentucky has a poverty rate of over twenty-four percent (United States Census Bureau, n.d.). The poverty rate for Russell County is twice that of the National average (Semega, Fontenot, & Kollar, 2017). In May of 2017 the unemployment rate in Russell County was over eight percent (Unemployment Map, 2017) while the unemployment rate for the United States was slightly over four percent (Bureau of Labor Statistics Data, n.d). The population of Russell County is recorded by the Census Bureau to be 17,
Businesses coming from other towns realized that there were no houses or residential areas around or nearby the area. Sometimes some of the employees will probably start a company town, which is when a company in particular is owned by all the businesses and buildings in the area (pbs.org). The company towns all started when they found out that the workers had no house to live in with their family and that was a big issue for them. So they wanted to solve that problem, and to solve that problem, they made Company Towns. After they made company towns, it really helped the community by providing a house for them to move into and live in it and it also
The chart above compares the over all socio-economic data for all three counties in addition to the entire state of Ohio and the US according to recent census data. The comparison by county shows diversity among the counties and a correlation of an increase in the number of employees, median household, and median property value. Lucas and Summit County are similar in all areas with the difference of the adaptation to the different industry when the steel/auto industry crashed in the 1970s. Summit County’s residence and ability to increase even at the smallest fraction shows how the service industry and healthcare have been able to provide a living to many of the dislocated employees in the region.
Production-based farming drives people out of the smaller communities because the production damages the economy of the town. Berry reflects, "The little towns that once had been social
As the population of the Washington Metropolitan Area increase vastly due to immigration from various part of the nation and other part world, the unemployment rate seems to also increases simultaneously. The inability of someone of working age to not be able to get a job or the difficulty of getting a befitting job has increased extraordinarily. As of the 2015, U.S. Bureau of Labour statistics illustrated that, majority of the cities in the Washington Metropolitan Area are currently experiencing an extreme awful unemployment rate. The District of Columbia has the highest unemployment rate of 6.9 percent, Prince George’s County with a rate of 5.1 percent, while majority of the counties in the Washington Metropolitan Area supasses the United
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
The unemployment rate averaged 8.5% in 1975, almost 10% in 1982, and has been above 8.8% for more than two years, with little evidence of any improvement ahead.”
Over the past five years, the federal government has also found it difficult to measure “improvement” in states. Currently, success is based in terms of job entry rate or increases over time in job entry rate, retention rate, and earnings gain. States may use quarterly unemployment insurance wage records, surveys, administrative records, or a combination of those data sources. States are given wide latitude in the sources of information they report. Also, to further distort the findings, there is no baseline data with which to make comparisons (Danziger, 2000).
The pace of recovery of Georgia's economy has been deemed as modest. The demand for new jobs are slowly increasing, which in result is causing the unemployment rate to stay the same or even rise. With less job openings, more Georgians are in an impoverished state for longer periods of time. This, in effect, hurts the economy because without any money being earned from employment, there is less money to be spent on goods and services to help boost the economy. Also, less jobs means more people are dependent upon the
Unemployment varies among, class, gender, and rate. In the article, we look at the unemployment rate among black people. Indiana is one of the five states where unemployment among black people is below national average. The state is looking for solutions such as placing a focus on education, so that way it can provide support for easing into careers, and collaborate with local businesses to provide training for basic job skills. There are also groups established such as the Indianapolis Urban League, and they help people summit resumes and provide career readiness training for families. Ultimately, the unemployment rate has its roots in the problem of poverty. Those who start their lives in poverty, statically they will never escape it. They
Unemployment 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 the governor himself can fix within a year or so. We are still jobless, the minimum wage is too low and most of the jobs that pay well always ask if one Spanish.
Educating oneself about the economy is a rigorous task seeing as it has several different aspects to it. Unemployment and the related topics in the chapter sparked an interest within me. Fortunately, I was able to find an article that covered this topic in a state I’ve come to love- California. The article, “California adds 54,200 jobs in May; unemployment rate ticks up to 6.4%”, provides visual representation of the data stated and provides quotes and opinions from people among the Californian population. This produces additional support for the article. The fact that the situation is occurring in California, along with visual representations, gave reason for my decision in choosing this article.
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.
Unemployment has always been something that Americans have worried about since the great depression in which one in every four people was unemployed. High unemployment has an impact on every one even those whom are still currently employed. For example if the unemployment rate is particular high then even those with jobs get worried. Unemployment is also separated in to distinct categories base on which group is the focus of the study. The categories can be by race, age or location, for example the unemployment rate of those between the age of sixty and sixty-five could be compared those between the ages of thirty and thirty-five. These categories allow economist to see which groups are the best and which groups are worst off. One group