Wednesday, March 2, 2011

CH: 5 blog - US unemployment rate hits seven-month high

article : http://www.bbc.co.uk/news/business-11913196

summery:
The unemployment rate has been getting higher and higher in the last few months in the United States. Even though they got 39000 new jobs in November the employment rate still isn't going up due to discouraged workers. There are 9.8% amercian's that are unemployed right now, it increased .2% in the last 3 months of December. People in US try to improve on their job marketing hoping that more people would start working again. However this didn't happening, people didnt start looking for jobs. This is due to failure of US job creation to keep up with the growing population. If people stayed unemployed the numbers would go up for unemployment. Also citizens have already been out of work for more than 26 weeks.

connection:
This article is about the hidden unemployed people in the US. This means that people that are unemployed isn't seeking for a new job because they don't think there is a suitable job out there for them. If there were better suitable jobs out there for people than more people would start looking for jobs actively. There's this static survey they have that shows people who have looked for work int he last six months and not just the last four weeks.

reflection:
I think the unemployed rate for US is really high because they don't have a wide range of job selection for people. They should put more variety in their jobs,so people would get to pick what is more suitable for them.Most of the jobs that are out there are part-time jobs. They should more full time jobs than than part time jobs because most people that are unemployed are adult. They probably would like to look for a full time job rather than a part time jobs. US should really make a change in their economic system before even more people become unemployed.

No comments:

Post a Comment