Unfortunately, there are many Americans out of work in today’s current declining economy. Unemployment can be defined as a person who is out of work involuntary, not by choice. These people are looking jobs and available to start work. Being unemployed can be disheartening and deciding what the next step is can be challenging. Underemployed can be described as being inadequately employed, such as a low-paying job that requires fewer skills than one possess. (Daly, Hobijn, and Kwok 2015) Making ends meet can be difficult for one who has been affected by this economy over the past few years. America still has a high unemployment rate since the decline of the current job market. And many Americans are struggling to establish the skills needed for employment, or the underemployed are force to lower they skill to make a profit. America’s economic status has force the underemployed and unemployed to make ends meet with the current jobs available. And last but not least some have also utilized these difficult times to venture into new discoveries to make life hassle free. So, we wonder is Americans giving up in today’s economy or do they settle for lower end job to establish a steady income to make ends.
While having the right skills for employment is imperative to obtaining a decent job. Displaying your job skills in America’s competitive job market can be challenging. One stigma can be perceived that long-term jobless people have been sitting around and not really wanting to work. (Daly, Hobijn, and Kwok 2015) Or the perception that they would not take a lower paying job, and if they do, they will leave as soon as they find a higher paying one. Some companies have clearly barred the underemployed or long-term unemployed from certa...
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...ss associate you can think of and let them know you job searching. And eventually surviving in America’s current economy may be a little at least than before.
Work Cited
Daly, Mary, Bart Hobijn, and Joyce Kwok. 2015. “Jobless Recovery Redux?” FRBSF Economic Letter 2015-18
(June 5). http://www.frbsf.org/publications/economics/letter/2015/el2015-18.html
Daly, Mary, Bart Hobijn, and Rob Valletta. 2011. “The Recent Evolution of the Natural Rate of Unemployment.”
FRBSF Working Paper 2011-05. http://www.frbsf.org/publications/economics/papers/2011/wp11-05bk.pdf
Kahn, Lisa B. 2010. “The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy.”
Labor Economics 17(2), pp. 303–316
Stewart, Joshua. "America Teen Unemployment." GPB Home. Web. 06 Apr. 2011. .
The real problem, according to Bruni, is that a college education is now far less likely to result in gainful employment. While statistics suggest that the rate of unemployment for college graduates is far better than for those with only a high school education, Bruni argues that these statistics
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