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Effects of unemployment in the economy
Effects of unemployment in the economy
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Recommended: Effects of unemployment in the economy
While it is rare that we speak of economic events as disasters, I often find myself talking about my hometown of Wilmington, OH as if it has been hit by a hurricane. In May of 2008, DHL Express announced that it would be closing its U.S. air freight hub in Wilmington, and since then, this small Ohio community has been facing an economic crisis of unprecedented proportions.
Last year, when applying for this same grant, we only had estimates of the challenges that would arise from this crisis. Today, we are feeling it in full force. In just the past two months, the unemployment rate in Clinton County has nearly doubled from 10% to over 19%. Unemployment and severance benefits have run out for many, at the same time that state and federal cutbacks of social service programs have made it more difficult for families to find support burdening these difficult times. Many who still have the opportunity to work are only able to receive part-time hours, or are taking furlough days to keep their jobs. The realities of our economic situation are deeply troubling, and the need for assistance could not be greater.
Just as this crisis was unforeseen, so was my involvement. A little over 18 months ago, I returned Wilmington after being away from home for five years living, going to school, and working in Philadelphia. Initially, I was drawn home partly for sentimental reasons. At the time I was preparing to embark on a 27 month service in Ecuador with the Peace Corps to build upon my passion and interest for economic development, and it was obvious that with the departure of DHL the Wilmington that the community I would eventually return to would be nothing like the town in which I grew up. I had come home to say goodbye to my family and ...
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The severe layoffs in Wilmington forced us to confront the significance of losing our hometown. By coming home to work, we have had the opportunity to make a meaningful contribution to repairing the place that anchors us to the world. The things that make Wilmington an important place to us are the same things that make our work powerful, such as its historical narrative, the communal social ties we share with the people with whom we work, and inspiration provided by our friends and families. Working as members of our own community gives our work a unique purpose that only arises when the people engaged in the work are fully anchored to the place in which they work. We hope that our work will help shift perspective back to the value of places, and provide others with a living model for the impact that can be made by investing in the places that make us who we are.
Wallechinsky demonstrates the many hardships that families and individuals go through. “Almost two-thirds say they live from paycheck to paycheck, and 47% say that no matter how hard they work, they cannot get
Since the Great Depression, our economy has not seen such devastating downturns. As a result, many of us have lost our jobs and subsequently, our homes. The current foreclosure crisis is affecting 1 out of every 5 Americans, Jonathan Lain (How to Solve the Foreclosure Crisis). So now the focus is on finding ways to solve the growing epidemic of foreclosures. I propose that the government fund a non-profit organization, whose mission is to reduce the number of foreclosures among the American people. Furthermore, although the initial funding would come from the government, as a non-profit, the agency would be able to obtain grants and hold fundraising events in support of their cause. The non-profit organization titled, Brick-by-Brick, Inc. (B-b-B) would ensure all homeowners have mortgage insurance, educate potential homeowners via workshops; housing, and provide financial assistance.
When driving through Pasco, it will not take long before the homeless can be spotted all around. They can be found asking for money on main roads, seeking shelter under abandoned buildings, and wherever they can find a place to rest. Homelessness is continually turning into a more noticeable and prevalent problem for the county, and it has been growing for years. According to TBO.com, “Pasco has the second highest rate of homelessness in the state…” (Kinsler,2011). This includes close to 4,500 men, women, and children; in addition to this figure, there are 3,000 men and children which can be added to this statistic (Kinsler, 2011). Such a concentration of dispossessed individuals in one county is quite astonishing. Since homelessness is altogether a widespread epidemic in Pasco, raising money to support
The Coast Guard, for instance, rescued some 34,000 people in New Orleans alone, and many ordinary citizens commandeered boats, offered food and shelter, and did whatever else they could to help their neighbors. Yet the government–particularly the federal government–seemed unprepared for the disaster. The Federal Emergency Management Agency (FEMA) took days to establish operations in New Orleans, and even then did not seem to have a sound plan of action. Officials, even including President George W. Bush, seemed unaware of just how bad things were in New Orleans and elsewhere: how many people were stranded or missing; how many homes and businesses had been damaged; how much food, water and aid was needed. Katrina had left in her wake what one reporter called a “total disaster zone” where people were “getting absolutely
The United States has provided food, shelter and education for the past 75 years. When the Great Depression hit many families suffered. It was estimated that one-fourth of the labor workforce was unemployed during the hardest time of the depression. Many families were living in poverty and needed assistance in order to live through the hard time many were faced...
When Hurricane Katrina devastated New Orleans and the Gulf Coast, it caused immediate and significant damage not only to that regions economy but to the countrys as well.
Through research, personal interviews, and first-hand knowledge, I will demonstrate how the Welfare Assistance Program in New York State is nothing short of a parasite, which drains its recipients of their dignity, ambition and dreams of a better life while disguising itself as temporary aid to those in need. In order to understand this subject, the best place to start is the beginning of the process. To receive benefits, one must first meet eligibility requirements. These requirements are regularly updated and published by The New York Public Welfare Association (New York Public Welfare Association, 2011). The NYPWA states that a social workers review the income, size of family, and demonstration of need of all its applicants. Factors such as medical emergencies, pregnancy, homelessness, or unemployment are most common need factors seen when reviewing applications.
The storm many are aware of called Katrina was devastating to property, finances, and families and left many people clinging to life with only hope of assistance. No one seemed well prepared for a storm of this size and many people didn’t evacuate. The government had gotten something right by calling for a mandatory evacuation of New Orleans, Louisiana. FEMA, federal Emergency Management Association, was partially to blame for the slow reaction and help after the storm. Those elected to run our nation and protect the people were also delayed in their efforts to support the people caught in the storm. Overall, elected and appointed officials were slow in their necessary efforts and should have been quicker to help those struggling to survive after one of the most well known hurricanes to ever hit land.
As a group, we all spent time with children in our community who do not come from the most financially well off families. As with the majority of small communities, Anderson took a hard hit economically when money was lost and our entire nation took a turn for the worse. Many people lost jobs or were laid o...
The lifestyle of citizens previous to hurricane Katrina was simple and family oriented. To many of those whom lived in New Orleans, New Orleans was there home, is there only home; and ev...
On the 16th of September 2004, Hurricane Ivan, made landfall in Orange Beach, Alabama and registered as not only for the whole outcome of the storm, but precisely in Orange Beach, as category 5; ranking the hurricane one of the top seven dreadful storms throughout history. The storm affected the economy, in many ways. Both the federal and the local governments were strained by the fiscal responsibility to rebuild. The decline in tourism affected local businesses across the city, and the residency declined as some migrated into safer zones of the country.
I will discuss the solutions as primary and secondary preventive strategies. First, the stable families with the layoffs, low wages, and unemployment benefit exhaustion, will have an assessment to make sure the situation has not escalated to other problems such as abuse. Next, I think the eligible families should have an opportunity to own their own homes. A nonprofit organization founded by Christians called Habitat for Humanity International. Their goal is to eliminate homelessness and poverty homelessness nationwide by building houses with the help of the...
Hurricane Katrina, the most expensive natural disaster in the history of the United States of America, hit the Gulf Coast on the 29th of August 2005, leaving behind an estimated damage worth $125 billion US, and a total death toll of over 1800(Graumann et al., 2006). The essay will discuss why Hurricane Katrina had such a devastating effect on New Orleans, the worst affected area, and the post-disaster recovery process.
Supporting Material: There are families that are living in poverty in our community that have significant needs that need to be addressed.
Poverty is an undeniable problem in America. In 2014, 14.8 percent of the United States was in poverty (“Hunger and Poverty Fact Sheet”). There are more people in the United States than it seems that do not have their basic necessities. In an