The Employment Situation Summary is summarized for the month of June 2019. June 2019 unemployment rate was 3.7 percent. In June professional, business services, health care, transportation, and warehousing gained a lot of employees. The unemployment rate increased my 0.1 percent from May’s unemployment rate. The unemployment rate for adult women was 3.3 percent, which was an increase of 0.1 percent from last month. For teenagers the rate was 12.7 percent, but that was the same percentage for the month…...
Unemployment is defined as “individuals who are actively seeking for a job but cannot find one.” The rate of unemployment however is the number of employed individuals expressed as a proportion of the labour force. During the recent 2010 recession, the United States (US) faced an incredibly large unemployment rate. Despite the fact that America has mostly recovered from the recession, some sectors of the American economy have not yet left the ‘recessionary zone.’ In this article, the dilemma of…...
AdolescenceEducationMacroeconomyStatisticUnemploymentUnemployment In America
The whole world is in a financial quagmire. A myriad of financial woes have engulfed financial institutions and any other corporations in this domain all the world round. This financial meltdown came to the light following the collapse of Lehmann Brothers, after which this financial crunch came to be addressed in the open and by all the governments. The United States of America was at the core of this crunch. This was further aggravated by the fact the Bush administration…...
AmericaBarack ObamaEconomicsEmploymentUnemploymentUnemployment In America
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Roosevelts responses aided curtail the problems of the Great Depression by employing the unemployed, aiding the businesses, and restoring confidence in a very panicked public. He alleviated the poorest classes by enacting laws that provided them with safety nets and even some capital to get started with. By raising the standard of living for the desperately poor, he increased the number of able consumers to buy businesses goods and decreased the number of people living in the streets, which in…...
The American Dream is exactly what it says, a dream. When people describe what they think the American Dream is, it is a utopia where there is no wrong in the world. Reality check, nothing or no one is perfect, this country will always have its faults but it’s the citizens job to make their country the best it can possibly be. Bob Herbert, a columnist for the New York Times, believes that no matter what we do this country…...
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