Unemployment In America

Employers are not hiring any new help right now until they are sure that the economy will stay strong and not fall back down again. Many employers will fight against giving an individual unemployment benefits to help save them money on their unemployment insurance rates. The insurance rates are based upon the amount of benefits the unemployed receive. People will find it surprising that their unemployment benefits are being challenged. Employers will try to deny a claim but if one is successful, the cost of the company will raise. Unemployment benefits are not only for the people who have lost their jobs due to company downsizing but to people who have resigned or who were discharged for a reason beyond their control. The benefits are given to people who are unemployed with the intension of seeking new employment. The benefits usually come in small amounts to cover basic needs. You may receive unemployment benefit extensions for an additional thirty-four to fifty-three weeks during high unemployment. While receiving unemployment benefits, you have the option to have taxes taken out of each check as you receive them or you will have to pay at the end of the year when you file

When people are working, many think that everything is great and nothing will happen to their good life, but in some cases they are fired out of the blue and don’t have anything to fall back on. It is for instances such as these that welfare needs to be available to people who genuinely need help from the government. Some believe that the government should become more selective in choosing recipients of welfare in order to prevent people from taking advantage of the programs, but the government should remember that many citizens (about 35.4% of the population) depend on government aid such as Medicaid, SNAP, food stamps, etc.

The better-than-expected data from the Labor Department on Friday follows other hopeful economic indicators this week, including an upward revision for economic growth in the third quarter on Thursday and an uptick in manufacturing reported on Monday.

Unemployment issues affects the community because they tend to have health problems, depression issues, stressed, low self-esteem issues, isolated from family and friends or tend to use some type of substance and abuse it, which happens to many of people and causes poverty within the community. When individuals have been laid off and terminated it’s a reality for many. Even though individuals may have the skills and education background that will qualify them for a new position some employers have filed the position with individuals that may not have met the requirements.

Lastly, some people on welfare are just to lazy to go get a job. Some people are contempt with sitting around watching daytime T.V. and collecting taxpayers' money. While not all welfare receivers are lazy some abuse welfare such as this example, "I know a welfare recipient who has two kids and is currently enrolled in college (last semester she made the dean's list), who couldn't really make it without some assistance. But on the other end of the spectrum, I know of women who have never held a job and have survived on welfare since I've known them, and I think if I can work 35 hours a week and take a full course load, they can at least get one damn job"(Handy). The system seems too easy to abuse in the first place. As long as one is unemployed and meets all the qualifications one can receive welfare and if one maintains this status with the intent to get a get a job then he or she remains on the list to receive government money and benefits. Welfare isn't

Many fast food workers and minimum wage employees have been protesting recently, in hopes of increasing the federal minimum wage. States such as Seattle, that have already increased the minimum wage to $15 per hour, and California, that has approved a bill that will change the minimum wage to $13 per hour in 2017, have already jumped on board with the movement. President Obama and many other protesters around the country who are fighting for the increase in the minimum wage believe that the raise will decrease poverty among Americans and provide a stable income to support a family, or serve as a livable wage (Lee). Instead of creating a positive impact on those in need, increasing the minimum wage will affect the lives of lower-income, lower-skilled workers in a negative way. According to conventional economic analysis, employment levels for lower-income workers in jobs such as fast food, or any job that pays minimum wage, have steadily decreased with the rises in the wage (“Effects of Raising”). While it will negatively affect the lower-income workers, the other half of Americans who work for higher wages and are not in poverty, will have increased incomes (“Effects of Raising”). Raising the wage will not produce the desired outcome and will consequently make the situation worse. Also, these types of jobs are not meant to be supporting families or be a livable wage. These jobs are stepping stones for teens and young adult workers to gain

We would diagnose these people as being lazy or lacking good work ethics which would ultimately be their own personal trouble. Yet, when millions of individuals are suffering from unemployment, this issue becomes a public problem. This causes people to look away from themselves and acknowledge the societal problem that is at hand. This concept takes blame away from these people and allows them to look at the bigger picture rather than through the lens of personal

The local government has more of the hands on approach by creating programs to teach individuals certain trades and skills in order to become more qualifies for certain jobs. Local agencies can help individuals have a better understanding of necessary skills, requirements and help eliminate confusion while looking for work, they can also prepare new adults for the real world and what to expect after school. The state government has a little more hand real unemployment change and economic stability. The state governments have the ability to improve funding for jobless or low wage employees and families as well as programs like the Unemployment Insurance Program (UI). The UI is a federal-state program that allows states to go beyond the minimal levels of taxes and benefits for approved employers and employees” (Strengthening reemployment, 2015). The federal government has the greatest impact on revitalizing the economy. The federal government can create jobs by increasing funds to build and projects to rehabilitate or build structures. The president and congress can pass laws and bills to increase spending on programs for unemployment needs. Under the Constitution Amendment XVI gives congress the power to adjust taxes as necessary, allowing them to mandate and regulate tax breaks for middle and lower classes. They also have programs

Extended unemployment checks are a reason why there are fewer jobs in the U.S. then there should be. Many people decide to not get employed or give up working completely because they realize that the U.S. government gives free checks to them for simply being unemployed. The unemployment program funded by the government, in whole, is generally not a bad thing. The idea of this program is to help people struggling to find a job until they can support themselves. These unemployment plans were not intended to provide for a permanently unemployed citizen, yet people have figured out how

Unemployment rates were essentially higher in August in 6 states, lower in 3 states, and stable in 41 states and the District of Columbia, the U.S. Authority of Labor Statistics reported today. Ten states had eminent jobless rate diminishes from a year prior, 5 states had increments, and 35 states and the District had no noteworthy change. The national unemployment rate stayed at 4.9 percent in August and was minimal not quite the same as that of August 2015.

The American government has made dramatic changes in its role in the economy in the past. During the great depression unemployment soared to twentyfive percent and the government was forced to take a more hands on approach in directing the economy. Today, America still has an unemployment compensation system, social security, and other services that comprise the american safety net. Since the early 2000’s there has a steady increase in unemployment for recent college graduates and an increase in the number of people who consider themselves underemployed. However, according to Derek Thompson, this may not be such a severe issue as to require government intervention. Thompson acknowledges some discouraging statistics such as the fact that,

The United States economy suffered a period of economic decline, which is known as a recession, for eighteen months from 2008 to 2009. Since then the U.S. economy has enjoyed an ongoing period of economic growth, which is known as a recovery or an expansion. This expansion can be tracked through the decrease of the unemployment rate and the increase in consumer spending.

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.

Downsizing, restructuring, rightsizing, even a term as obscure as census readjustment has been used to describe the plague that has been affecting corporate America for years and has left many of its hardest working employees without work. In the year 2001 we had nearly 1.8 million jub cuts, that’s almost three times as much as the year 2000(Matthew Benz). In the 1990's, one million managers of American corporations with salaries over $40,000 also lost their jobs. In total, Fortune 500 companies have eliminated 4.4 million positions since 1979 including the 65,000 positions cut in February of 2002 (Ellen Florian). Although this downsizing of companies can have many reasons behind it and cannot be

Shows the aggregate demand for labor and the aggregate supply of labor. That is, the total demand and supply of labor in the whole economy. The real average wage rate is plotted on the vertical axes. This is the average rate expressed in terms of its purchasing power. in other words after taking inflation into account.