People should not remove needs from your monthly spending, but they should be reduced as much as possible until employment is found. The grocery budget can be reduced, the use of electricity and water can be reduced, and minimizing driving can reduce gas expenses. The unfortunate reality of people losing their jobs is that they must get rid of wants and find free or almost free substitutes for them. They could go to the library for free books and internet access, the local recreation center is available for fitness needs, and an unemployed person must choose between their cell phone and the landl... ... middle of paper ... ... Diane Hamilton, P. (2009, November 11). How Unemployment Affects You (Even If You're Working).
• ... ... middle of paper ... ...on, and job resource, Iseek Careers, 1 Apr. 2010.Web. 20 May. 2010. Occupational Employment and Wages May 2009.
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Daniel Lima Professor Lassar ECO 201 March 20, 2015 What Really Is Unemployment? The economy is like a well oiled machine. If all the cogs and gears are turning, the machine will be able to function optimally, but when one gear causes an issue, the whole system is affected. The gears that have rusted or have been nudged out of place in a machine are similar to what unemployment is like in the economy. Unemployment occurs when people are without work and actively seeking work (Resolution concerning Statistics of the Economically Active Population, Employment, Unemployment and Underemployment, Adopted by the Thirteenth International Conference of Labour Statisticians).