There are many problems plaguing Ohio, but one of the biggest concerns is unemployment. Since our country went into recession in 2009, so many Americans have lost their jobs, and most have not been able to recover. In December 2013, the national unemployment rate for the country was 6.7%, which was the lowest level it had been in over five years. With Ohio having a population of 11,536,504, having an unemployment rate of 6.5% is unacceptable. The unemployment rate in Ohio has steadily been on a decline over the past year which can give us hope that it is getting better. With companies closing up or laying people off due to a low work demand, Ohioans have had a hard time finding work. Ohio farmers have had an even harder time keeping their farms running when so many citizens are out of work and having so little money to spend on produce. Is there a solution to help get Ohioans back to work? Even if there isn’t a solution, there has to be a way to bring jobs to the state, keep unemployment benefits going until Ohioans can find jobs, and bring a sense of relief to so many hard working people that just want to make ends meet and support their families.
In his 2014 State of the Union Address, President Obama said unemployment is a continuing problem and called on the private sector to help in giving those considered long-term unemployed a chance (?). When citizens are out of work for a considerable time, they tend to be a less likely candidate for a job. Managers and CEO’s look at those people as if they just haven’t wanted to work, not that they actually just haven’t been able to find a job. After the president’s speech, many large companies stepped up to the plate and started hiring those individuals that had been out of work fo...
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A key to victory this November is the unemployment rate. According to a Bloomberg National Poll conducted in March 8-11, 42% of Americans consider unemployment and jobs as “the most important issue facing the country right now” (Priorities). Although there has been 24 consecutive months of private sector employment growth, the Federal Reserve suggests that the numbers could fade in the coming months. The importance of creating more jobs cannot be stressed enough. No President in the recent era has been reelected with the unemployment rate above 7.2% (Roth). To paint a picture, in late 1982, the unemployment rate topped 10.8 under Ronald Reagan. However, about 36 months later, the rate dropped to 7.2% percent. The drastic drop in the n...
This problem must be dealt with immediately with strong action. I suggest implementing federal public works projects as a way of creating jobs without burdening the government with additional expenses. Ideas for these public works projects are: the construction of a Saint Lawrence Seaway, and an Interstate Highway System. This system would be a massive undertaking and would be one of the largest construction projects of all time, but it would create many jobs for Americans who are no longer employed by the war effort (Branyan and Larsen, 251). The Republican party has not been happy with the nation's economic policies for quite some time.
Hunger is in America, the world’s wealthiest nation. 14.5 percent of U.S. households—nearly 49 million Americans, including 15.9 million children— struggle every day to put food on the table. In the United States, hunger is not caused by a scarcity of food, but rather the continued prevalence of poverty. We as a nation must come together to confront hunger and poverty in the United States. Therefore, let no man object to my plan by proposing to provide Good Jobs for many Americans, the U.S. labor market no longer works as a reliable way to build a stable career and support their families, Work Support Programs that help to expand access to affordable health care and child care, and strengthen tax credits such as the Earned Income Tax Credit and Child Tax Credit, which help working families, and Child Nutrition Programs which are critical to ending childhood hunger.
...stry such as service industry. This would soften the impact of recession on Michigan state economy and help in decreasing the current crime rate.
Obama begins by acknowledging that progress has been made. There are “six million new jobs… we buy more American cars than we have in five years, and less foreign oil than we have in 20” (Obama). His assurances suggest that the United States economy is recovering and making large strides toward bouncing back from the recession. This starts things off in a positive direction and inspires pride that our nation is on the path to economic recovery. Afterward, he explains that many Americans’ “hard work and dedication have not yet been rewarded” (Obama), because many Americans cannot attain full-time employment. He emphasizes the fact that those in the top one percent income bracket are enjoying the highest profits while lower incomes haven’t increased much at all in over a decade. This appeals to the working class who feel it’s unfair that their hard work goes unrewarded.
Every few years, countries experience an economic decline which is commonly referred to as a recession. In recent years the U.S. has been faced with overcoming the most devastating global economic hardships since the Great Depression. This period “a period of declining GDP, accompanied by lower real income and higher unemployment” has been referred to as the Great Recession (McConnell, 2012 p.G-30). This paper will cover the issues which led to the recession, discuss the strategies taken by the Government and Federal Reserve to alleviate the crisis, and look at the future outlook of the U.S. economy. By examining the nation’s economic struggles during this time period (2007-2009), it will conclude that the current macroeconomic situation deals with unemployment, which is a direct result of the recession.
This year, the United States is set to end over a decade of continuous combat operations in Afghanistan as well as reduce the size of the military in an effort to restrain the growing deficit of the federal government. While some welcome these actions, they will have a significant effect on the men and women of the armed forces. Since the military is now focused on returning to a peacetime posture and cutting personnel, more veterans will be entering the civilian market. These men and women, who come from all walks of American life, will have had vastly different experiences than their civilian counterparts. These veterans will have spent their formative years in a wartime military and while they have so much to offer society, often, their service and they as individuals are stereotyped with unflattering characteristics by civilian managers, which has a negative impact during their post-military search for employment. Some civilians see them as uneducated and suffering from a host of mental problems related to their service. This problem is not only relevant for recent veterans but for all of those who have volunteered to serve in the military. Veteran unemployment is a serious problem for the United States. Those who choose to serve in the military should not be negatively impacted in the civilian marketplace as a result of their sacrifice.
...he nation’s prosperity as increases in benefits and wages to poor and working class Americans. Most of the gains due to the rise in the GDP in recent years wind up in the hands of the wealthiest of Americans. The increase in income inequality has cause stagnation in real wages among low skilled workers and has led to an increase in poverty. Unable to gain the education necessary to escape the cycle of low skilled jobs with little chance of upward mobility, children of parents who are in poverty stand a higher chance of being in poverty themselves. The solution to the problem of poverty is not simple; especially when it may involve changes in the way the U.S. labor market functions. However, as it stands now, failures of the labor market lead to higher rates of poverty, and unless the problem is addressed, we are unlikely to see a reduction in the U.S. poverty rate.
Obama knows his economic plan will not produce jobs in the private sector. Blaming Republicans and George Bush is his only defense of his policies. The only offense he has is creating more public sector jobs and bailing out states to protect the jobs of his base; the unions.
It is no secret that, within the last decade, America has faced an economic crisis of historic proportions. Though the nation appears to be in a state of recovery from the greatest recession since the Great Depression, there are still major issues to address; namely poverty. Poverty today has hit more homes than ever, especially in places such as Eastern North Carolina. According to the 2010 Bureau of Economic Analysis, North Carolina ranked as the ninth wealthiest state with gross domestic production worth $424.9 billion.[2] North Carolina is among the top states for agricultural output, which consists of poultry, tobacco, hogs, cattle, sweet potatoes, and soybeans. A U.S. Census Bureau’s Survey, however, states that North Carolina’s poverty rate spiked to 18 percent, surpassing the official national poverty level of 15.2 percent (1). While those percentages may seem considerably small, it equates to 1.7 million people without adequate housing, health care, education or employment. This ranks North Carolina as the 12th highest poverty state in the nation. Moreover, the federal government reports that at least 20 percent of the residents of 10 Eastern North Carolina counties have consistently reported living in poverty for the past 30 years. These counties of “persistent poverty” include Bertie, Bladen, Columbus, Halifax, Martin, Northampton, Pitt, Robeson, Tyrell and Washington County.
Unemployment of 7.3% has been a part of having illegal immigrants taking jobs of Americans. Many construction jobs and hardworking jobs are being taken from Americans because many immigrants are willing to do more work for less pay and this can truly affect the unemployment rate. Multiple occasions, in which, a citizen of the United States cannot find any jobs, having to start a new career, possibly having to move to where one can find a fertile econom...
You fall more than you climb.” For decades, America has been training our young people to have the goal of “getting a job” once they get out in the real, cold, dark world. In America today there are not nearly enough good jobs to go around, and this crisis is only going to accelerate as we are forced into the future. As our immigration rates escalates, than you Obama, more people from around the globe are coming to the United States to try to achieve the stereotypical
In a recap, the three policies introduced, the Unemployment Reformation Act of 2059, the Infinite Education Opportunities Program Act, and the Unity Tax, will be a vital part in restoring and surpassing expectations for decreasing the percentage of Americans unemployed by ten to fifteen percent within the next six to eight months. I believe that with these policies the chances of a recession will not occur for a long period of time. For that matter, a recession may not occur again depending on how successful the unemployment plans develop. Nevertheless, I predict that by the year 2109 the employment rate for Americans will reach eighty-three to eighty-five percent.
Mouhammed, A. H. (2011). Important theories of unemployment and public policies. Journal of Applied Business and Economics, 12(5), 100-110.
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.