We Must Reduce Unemployment

1435 Words3 Pages

There are many important issues troubling the nation that need to be addressed in order for the nation to continue to thrive and be successful. The economy has taken a tremendous downfall over the past seven years and for many Americans things are simply not how they used to be. Perhaps among the most troubling issues remains the increasingly high unemployment rate that has escalated over the past seven years. Despite the various efforts to remedy the situation, the problem of unemployment has not been alleviated. It is important to analyze the underlying causes and root of the problem which is unemployment in under to assess its consequence and implement and effective solution to the problem.

Unemployment Defined

To understand clearly the problem that is unemployment, it is important to first define the term unemployment and how exactly it is measured which all requires substantial information. According to the United States Department of Labor people that are unemployed are jobless, looking for jobs, and available for work. In order to assess unemployment the Bureau of Labor Statistics of the U.S. Department of Labor surveys roughly 60,000 households that participate in the monthly sample survey, and intern announces current number of unemployed persons in the United States for the previous month along with their distinguishing characteristics (" labor force," 2009). The media does an excellent job of relaying these figures and reports to the general population. However as a result of these reports panic increases when high unemployment rates are announced and the economy begins to suffer a downward spiral. That is why it is important to pinpoint the causes of unemployment in order to alleviate the problem that affects all m...

... middle of paper ...

...of-unemployment/?_r=0

Cottle , T. J. (2001). Hard times . New York : Praegar Publishers

Psychological effects of unemployment and underemployment. In (2013). American Psychological Associaton. Washington D.C.: American Psychologists Retrieved from http://www.apa.org/about/gr/issues/socioeconomic/unemployment.aspx

Solutions: How to reduce unemployment. (2009, September 27). The Washington Times. Retrieved from http://www.washingtontimes.com/news/2009/sep/27/solutions-what-should-be-done-reduce-unemployment/

Stone , J., & McCraw, J. (2007). Unemployment: The shocking truth of its causes, its outrageous consequences and what can be done about it . Oxford : Trafford Publishing.

United States Department of Labor , Bureau of Labor Statistics (2009). labor force statistics from the current population survey. Retrieved from website: http://www.bls.gov/cps/cps_htgm.htm

More about We Must Reduce Unemployment

Open Document