Unemployment in the United States

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 of variables such as natural populations, net immigrations, new entrances, and retirements there is change to the labor force.

The growth of jobs is a relief but with the percent that are still unemployed and the billions of dollars of debt that have been created are still not enough to get our economy growing. We have a lot of work to do before our economy gets stable and helps people become more confident. President Obama organized an $819 billion stimulus package in order to keep the unemployment rate down to under eight percent, but in late 2009 it raised to ten percent. The stopping of a tax cut that we should have received in January, has helped improved employment by a little bit.

Unemployment does not only affect the person themselves, but it affects the entire family as well. Some people deal with a loss of a job the same way people deal with a divorce or a death of a loved one. Unemployment can cause different emotions such as stress, anxiety, fear and most of all depression. It creates low self-esteem and makes you want to isolate yourself from others. Unemployment can cause violence in the family and the economy. Some people cope with unemployment quite well by setting goals. Setting goals while b...

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...ing better, it’s going to take years to overcome the issues that have come about in this recession. Over time stock markets will increase when the employment rate is on the rise. Businesses will begin to thrive and the economy will start to rise. Thousands of people are still collecting unemployment today and have hopes that job openings will come about in the near future.

Works Cited

Nicole Hardesty. Shocking Facts about Minority Unemployment. Huffington Post, (August 1, 2015) http://www.huffingtonpost.com/2015/8/01/minority-unemployment-facts_n_775351.html#slide_image (September 12, 2015)

United States Department of Labor. The Employment Situation. Bureau of Labor Statistics. (February 1, 2015.) http://www.bls.gov/news.release/pdf/empsit.pdf (September 6, 2015)

http://www.washingtonpost.com/wpdyn/content/article/2009/02/11/AR2009021104311.html