Unemployment in the US

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Unemployment in the US

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Introduction

• Unemployment is one of the common problems
  affecting many people in the world.
• There have been debates on the core causes of
  unemployment in the United States.
• This is despite being one of economically stable
  nations in the world.
• Unemployment can be defined in terms of its
  causes and severity.
• The U.S unemployment rate fell sharply to 8 from
  9.4 percent.
• These has always not brought joy to millions who
  are out there in search for the best jobs.

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Types of Unemployment in the US.

• Cyclical unemployment,
• Demand deficient unemployment
• Seasonal unemployment
• Frictional unemployment

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• Effects of unemployment are widespread.
• This does not only affect overall US economy but
  also many other unemployed people.
• Employment opportunity defines a persons
  position in the community.
• It is necessary element in the society and makes
  it easy to enjoy a happy life.
• Long-term unemployment can be harmful
  emotionally, financially and psychologically.

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The United States Government Employment Report

• The report is based on two great surveys.
• Establishment report .
• It asks of employers how many US citizens are on
  payroll.
• Current Population Survey CPS is second.
• Here, about 60,000 households are asked whether
  their members are working or looking for jobs.
• Responses from the government report provide
  enough details on unemployment rate in the US.

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Causes of Unemployment in the United States.

• Fewer new openings.
• Lack of real growth.
• Advancement in technology.
• High taxes.
• Increase Chinese job grab.

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• Unemployment has both personal and national
  effects.
• The 2008 and 2009 unemployment surge has affected
  many US citizens.
• Its peak in 2010 has left many people languishing
  in pain and depression.
• Employment situation has worsened in the US with
  many young people failing to get full-time jobs.
• The government is mandated to create more jobs
  and offer young people the chance to improve
  their living standards.

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