The Decline in the Rate of Unemployment Is Due to Adverse Factors in the United States Economy

Statistics 2011 report, when President Obama took office, the economy was shedding nearly 800,000 jobs each month and millions of families were unable to make ends meet. African Americans were hit especially hard by the recession struggling with significant economic losses, including near-record high levels of unemployment and low average earnings (U.S. Labor Statistics 2011). From day one the President has made turning the economy around a top priority, and the policies enacted through the…

reported on Monday. The 7 percent unemployment rate last month — down from its most recent peak of 10 percent in October 2009 — is the best reading since President Obama took office, providing one bright spot for a White House beleaguered on many other fronts. The unemployment rate was 7.3 percent in December 2008, the month before Mr. Obama was inaugurated. “The headwinds are fading and the tailwinds are gaining strength,” said Michael Hanson, senior United States economist at Bank of America Merrill…

“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…

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 is divided into variables; such as employment level, unemployment level, labor force and stock variables. At a certain time in a recession they are measured in quantities. Due to a flow…

causes, unemployment has changed; the character, degree of severity, possible solutions of unemployment over the last ten years or so have been reduced, and has morphed in terms of just who is experiencing the unemployment and the suggestions for answering the problem. It has been the traditional fundamental trades, like manufacturing, viewed as part of the shift in the economy towards the new information age model, as workers transition from a manufacturing economy to a service economy, all the…

Unemployment rates refer to the number of people who have been verified as being with no employment and who have actively tried to secure employment within the current past without success. This means that these categories of people are willing and able to work but there are no employment opportunities. The unemployed group of people does not include people who have no jobs and have not been trying to get employed. Thus to be termed as unemployed there must be some demonstration of efforts to gain…

the economy. Individuals are not so sure about the reports issued on almost an hourly basis that are stating the economy of United States is improving. Many Americans are still without jobs, and do not believe their income can continue to support their families. The cost of purchasing a home is going up in many areas across the country, which is good for the market, but can be bad for the first time homebuyer. Unemployment, expectations, consumer income, interest rates are economic factors that…

The United States Economy: The Slow Recovery of a Nation Content Introduction…………………………………………………………………………... page 2 Monetary Policy……………. ……………….……………………………………… page 2 Recovery…...……….…………………………………………………………….….. page 3 Conclusion……………………………………………………..…………………...... page 3 References……………………………………………….……………….……….….. page 5 The United States Economy: The Slow Recovery of a Nation Consumer concern over…

not a moral decline going on. I have heard things such as, “the ratio of moral people and unmoral people is the same as fifty years ago; as the population grows the amount of moral and unmoral people grow too.” And what about “life around us is changing, we just have different priorties and values which determine our morals.” Everyone has their own idea of morality, what’s right and wrong and what is causing this moral decline, if there even is one. I believe there is a moral decline in our country…

titled, ‘Unemployment Drops for the Wrong Reasons’ describes how unemployment has dropped in the United States based on the latest Bureau of Labor Statistics population survey. According to Izzo (2013), there was a drop in unemployment rate to 7.3% by 0.1% in August 2013. This was coupled with a drop of broader measure of unemployment by 0.3% to 13.7%. On closer scrutiny, the drop in unemployment came from wrong reasons (Izzo, 2013). The arguments in the article are that the decline in the rate of unemployment…