Premium Essay

Why Do People Become Jobless In The United States?

Submitted By
Words 688
Pages 3
When the head of a household becomes unemployed the entire family is affected. A source of income is vital for fulfilling family needs. Each day in the state, a person loses his or her job. There are a lot of reasons why people are becoming jobless in the state. Causing factor like not having a college education, lack of training, the impact effect on the economy in the state, and how these issues impact on families and individuals. Not having the right education has led to the unemployment rate to climb. Most employers’ minimum requirement is a high school diploma. However, it does not guarantee a person to land a well-paying job. Without a college degree an individual become less marketable. An educational institution teaches an individual the necessary tools to make him or her ready for the workforce when pursuing a desire job. According to Richard Katz (2011), Families and individual without a high school diploma in the United States live in poverty. Workers' bargaining power has been reduced by long spells of high unemployment (over seven …show more content…
When there are a lot people with not jobs it changes the way people go about in their everyday life. Economic conditions are the main factor in unemployment. An example was the recession of 2008 which caused unemployment to rise dramatically. An economic downfall causes businesses to minimize their sells, forcing them to disappear. If there isn’t enough money coming into a company, it can no longer afford to pay its employees. Once a business fails to pay its employees it has no option but to lay them off. According to Kathleen Lynn (2001), Patrick Gaughan, an economics professor at Fairleigh Dickinson University, pointed out that the unemployment rate is a "lagging indicator" a better measure of where the economy has been than where it's headed. That's because employers lay off workers or delay hiring only after their revenues begin to fall.

Similar Documents

Free Essay

Cock

...way. Making it a world of professionals pro workers for short making the big dollars as well as fixing there pay for them and third other fellow pro workers. Knowledge one of the most powerful tools the human has, it is the source of all power. In this world how to make a tremendous amount of money. 1981 numbers showing that the working class growing hugely in the numbers in soviet Russia 75% of the work force were the non-labor pro workers. Making its way to the United States with increasing numbers the jobs more desirable but a scarcity of where the high paying jobs. Where are we going with this well that like earlier the more knowledge you have the more power to you? Well knowing how things work to get the connection to get those jobs that fit the criteria for a brain worker rather not to end up as a drudge worker digging ditches. Working the way to the top of the corporate ladder, not minding those below. Why not, well because even though the labor workers greatly outnumber the pro workers the laborer will do anything to make money since it’s the means of staying alive in this money economic post capitalist world. As so the saying goes “obey when rewarded with money”. Now let’s take a look at the numbers here since the capitalist no longer in the driver seat. In 1993 profits where at four-hundred billion dollars in...

Words: 1575 - Pages: 7

Premium Essay

Causes and Consequences of Unemployment in Spain

...sovereign debt crisis in the Eurozone, nowadays, the high unemployment rate in the EU has become an ordinary phenomenon, but a particularly acute problem of unemployment is in Spain, where 26.2% of the population are unemployed (Eurostat, 2013). Although, crisis played a considerable role in this situation, there are also other national features of Spain that led to high unemployment, which if left unattended, will lead to disastrous results. To begin with, it is pertinent to name the causes of the high unemployment rate in Spain. One of the main causes of high unemployment in Spain is a debt crisis. Appeared in United States due to “mortgage bubble”, the financial crisis has had a destructive effect on the banking system, reducing credit supply and increasing the cost of financing. In Spain, the economic growth during the pre-crisis period was maintained by two factors: considerable expansion of credit and large immigration flow. These economic drivers were nullified by the crisis, and starting from 2007, economic growth was slowed. From the second quarter of 2008 until the last quarter of 2009, the Spanish economy was in recession. The first quarter of 2009 was the hardest period for Spain in terms of job destruction, when unemployment increased by approximately 800000 people (Eurostat, 2009). Also GDP in this period declined by 6.3%. According to the Juan F. Jimeno (2011), “… the main reason why such a fall in economic activity...

Words: 1489 - Pages: 6

Premium Essay

Wall Street Journal Paper

...Jobless Claims Rise To Highest Level Since May By: Kate Davidson March, 5th, 2015 http://www.wsj.com/articles/jobless-claims-rise-by-7-000-1425562544 UEMPLOYMENT When Kate Davidson was writing this article her intent was to let the reader and the government know that the unemployment rate has gone up since May of 2015. When she was writing I believe she wanted to bring critical attention to this problem that we are facing. As I see it only positive outcomes could come from this article. The only that I can tell is that the government will be more aware of the unemployment growth and take action. It is clear that since President Obama has come in to office he has done increased our economy by supplying more jobs for the citizens. Coming to the end of his term it is clear that our economy is starting to go back down so I hope that this article helps bring to his attention what is going on in the country that he is in charge of. They believe the winter climate is to blame for the unemployment rate increase last week. The total of unemployment claims at the end of the week of Feb. 28th was 320,000. The wall Street Journal had expected 290,000. Thursday reported stated that the number of claims filed continued to rise and had increased by 17,000 to 2.42 million for the week ended in Feb. 21st. Job claims have been at a continuous increase over the past month from the lowest level since the last economic expansion. A total of 240,000 jobs were added in the month of February by...

Words: 1772 - Pages: 8

Premium Essay

Underclass

...something that but something that has been going on for a long time: “During the last of the Sixties and throughout the Seventies something strange and frightening was happening among poor people in the United States” Furthermore, Charles Murray says that illegitimacy is a big factor of the underclass community. The numbers for illegitimacy has been increased since 1979. And therefore he claims that illegitimacy is huge form factors for underclasses occur: “A child with a mother and no father, living in a neighbourhood of mothers with no fathers, learns from what he sees” In addition, the author also sees crime for the next place to look for an underclass. He predicts that in a few years England will become a more dangerous place to live in. He mentions that the violence not will occur everywhere, but in particular neighbourhoods will the concept underclass occur. His third and last reason why the underclass is occurred are, drop-out from the labour market. He says that is important not to quit the labour market, not only to earn money, but also to socialize. The socializing part is your foundation for development, the author says. He also mention, that young men who isn’t in the labour market and are not in families, finds another way to gain respect or to show other people that they are men, often by making...

Words: 680 - Pages: 3

Premium Essay

Drug Trafficking in the United States

...Drug Trafficking in the United States Bethany Chrisco ENG 122: English Composition II Mary Harmon December 10, 2012 Drug Trafficking in the United States “The war on drugs has become the longest most deadly war the United States has ever faced.”(Wright, 2011) The United States has been fighting drug trafficking since the 1900’s and the main dilemma is how to exactly stop it. Some people believe that making drugs such as marijuana, cocaine, heroin, LSD, and methamphetamine legal in the United States would put a stop to drug trafficking, but this is just going to do nothing but make things worse for the people of the United States and cause the drug war to begin in our own country. It is believed by some that making drugs such as marijuana, cocaine, heroin, LSD, and methamphetamine legal in the United States will stop drug trafficking from other countries and help the United States in other ways. People believe that making drugs legal in the United States that it would reduce the prison population which will save the government money, it will make money for our country because the government can tax the drugs, reduce the chances of drug overdoses because the drugs will be more pure and the amount sold will not be deathly, help cancer and glaucoma patients, and stop trafficking and smuggling from other countries. This all may be true in some ways but making these drugs legal would just cause more problems within the United States and for our people. These problems vary from...

Words: 2196 - Pages: 9

Premium Essay

Homelessness

...that is widespread throughout the United States as well as many other parts of the world, some places being more severe than others. Regardless of where the place is, a stigma is placed on those who are homeless, often being labeled as deviant. Those who are homeless, unemployed, or those receiving welfare are often viewed as lazy, reluctant to work, and possibly a drug addict. Also, assumptions are often made that those who are homeless are where they’re at as a result of their own actions. As a result of being homeless, individuals are left to fend for themselves in the streets, and ultimately these individuals are more vulnerable to using drugs, alcohol, committing crimes, and even prostitution. This only makes the people who already label these homeless individuals deviant as even more deviant. I argue that homelessness is not a form of deviance, that it is not a personal choice to be homeless but that there are conditions that are out of those individuals control that can lead to homelessness. It is more of an economic and lack of information issue than it is an issue of whether it is deviant or not. Homelessness itself isn’t deviant, but under certain circumstances it can lead to deviant behavior. As Jeffery Chaichana Peterson states on his article on homelessness (2012), “As a result of urban deprivation, economic decline, a rise in housing costs, and a decline in blue-collar wages, homelessness remains a major problem in the United States” (p. 248). Peterson then goes on...

Words: 2783 - Pages: 12

Free Essay

Hello

...How Technology and Automation Affect Employment, the Economy, and You By Cody Ferenchak March 16th 2015 Automation is definitely a topic of concern in almost all of today’s industries. Especially for those in the service industry. Automation is making the processes used in the product and service industry less labor intensive and more productive. Over the last three decades manufacturing companies in the industrialized world have seen what great change automation is bringing to the world in terms of production. Assembly lines in the automotive industry are faster than ever. Electronics such as the iPhone are being constructed in just minutes due to hands of automated robotics. Upgrading to automated technology is becoming more and more accepted. Companies are spending much time and resources on implementing the use of automated labor to cope with the increasing competition from non-industrialized countries whose production costs are much lower. Where there were once hundreds of thousand of laborers filling factories assembling the everyday technological, textile, and household products we use today; are now machines that require no hourly wage, only monthly to sometimes yearly maintenance, up-keep and energy costs. The world of industry we are currently living in has changed. From labor-intensive production, to capital-intensive automation. Not only are we focusing on the tangible side of production, also the many intangible service industries are experiencing change. There...

Words: 1636 - Pages: 7

Premium Essay

Illegal Immigration Research Paper

...them end up succeeding as well! However, not exactly everybody agrees with letting them over. People argue that they take jobs, money, education, and plenty of other things. Infact, over half of them aren't even legal. “There are an estimated 11 million undocumented immigrants currently residing in the United States” (Procon.org, Should the Government Allow Immigrants Who Are Here Illegally to Become US Citizens?). As you can see, there's quite a few. It's a Individual right for any legal citizen to have privileges such as healthcare, education, and job opportunities. However, illegal immigrants,...

Words: 1144 - Pages: 5

Premium Essay

Minimum Wages Essay

...Minimum Wages Sandra Matterson Comm/215 Essentials of College Writing November 13, 2014 Kate McCarty Minimum Wages Minimum wage is defined as "the lowest wages permitted by law or by a special agreement (such as one with a labor union)". Minimum wage is a controversial topic in economics and politics because there are good and bad intentions behind it. Many employers are against the increase of minimum wages, especially ones with a large amount of minimum wage workers. Although some employers agree that employees deserve an increase. When an employer has a business that gets big enough to need additional employees, they hire more since they are unable to do the work themselves. The goal is the additional money they bring in must be more than what they are paying their staff. As a business owner what can you do? If you raise prices it will drive customers a way. Some companies have created automated services likes self-check out to prevent paying higher wages to workers. $10.00 equals one fast food meal, 2 gallons of milk and a loaf of bread, or a little over two gallons of gas. Which now they want to add taxes on our gas. With minimum wage at the current rate you must work one hour to earn the ten dollars that only supply you with small necessities for everyday living. And in order to make it in this economy you would either have to work over-time just to make ends meat. So for example: I make $10.50 an hour and I tend to work between 90-120 hours in a two week pay, part-time...

Words: 830 - Pages: 4

Premium Essay

Defineing a Career in a Downward Economy

...are constantly on the horizon. With the creation and expansion of new organizations new jobs become open. These changes afford us the ability to have a variety of jobs to choose from as we define our career path. For many years we have been told that education drives success and the more proficient you are in field the more successful you will be. Society and the economy constantly change along with its expectations. Our country is facing an economic crisis, people are losing their jobs, their homes and unemployment is at its highest. Is it necessary to continue on the path towards a career during a downward economy? Should we continue to focus on the notion that education will bring success or, should we adjust our goals towards daily survival? Growing up we all had professional desires. Our childhood imagination of what we wanted to become when we grew up marked the beginning stages of defining our career roles. As we got older those roles changed partly due to our experiences and society’s expectations. We have learned throughout this class that choosing the right career is not an easy task. A person is advised to figure out what makes them happy yet choose a profession that provides for their survival needs. Society has defined that in order to be successful one must choose a career pathway. Chapter I, Module 1 The importance of planning Career planning, states that “Certainly, there are...

Words: 2645 - Pages: 11

Premium Essay

Health Care Crisis

...Crisis As the world-famous scholar Stanton Mehr explains “The way health insurance works is large groups of people pay relatively small amounts of money into a fund, which pays the health costs for the entire group. The idea is that most contributors to this pool are healthy people who help pay the costs for the few who are sick (Is Our Health-Care System Sick?”). Insurance is a critical element in the health care of Americans. Millions of people are going without health care, and billions of dollars are being wasted. Lack of access to affordable health insurance and rising health costs are the problems of the health care system in America. Before 1920, doctors didn’t know enough about diseases to provide useful care to sick people therefore, they didn’t charge much. Only a few big employers offered health insurance, and everyone else paid out of their own pockets. When doctors learned more about diseases and effective treatments, they charged people more- more than what they can afford. To add on to the costs, doctors took advantage of the new medical technology and treated people in hospitals. To ease the health care problem, various plans were combined under the auspices of the American Hospital (AHA) and became known as Blue Cross. According to Goda, “Blue Cross insurance was considered desirable because they provided benefits to people in need, benefits from special state-sponsored legislation that made them tax-exempt and nonprofit corporations” (Goda 111). When Blue Cross...

Words: 1360 - Pages: 6

Premium Essay

Prison Case Study: Mental Health

...Mental health affects people of all shapes, sexes, ethnicities, and economic backgrounds. This also includes prisoners held in state correctional facilities across the United States of America. In 2012, there were an estimated 356,268 inmates with severe mental illnesses in U.S. prison and jails compared to the 35,000 mentally ill individuals who were in state psychiatric hospitals. (Cited) “CASE STUDY”: In 1999, a thirty-five year old man from Ohio was sentence to prison. He served six years for his crime and then later served an additional four years for “failure to register”. While in prison, his children were no longer speaking to him, friends deserted him, and he lost his mother and father. This “rehabilitated” convicted felon is now forty-nine years old, homeless, jobless, and has no marketable work skills. He has contemplated suicide on multiple occasions and has often thought about returning back to prison; purposely....

Words: 797 - Pages: 4

Premium Essay

Should Marijuana Be Legalized

...Should Marijuana smoking be legalized? In human history, psychoactive consumption is one of the most ancient practices. Even in our society it is considered an illegal practice, although it is a common habit for some social groups. There have been several attempts to prevent the consumption of drugs. Despite the effort, so far all the policies raised have failed. The war on drugs primarily aimed the controversial drug marijuana, which is still the most used illegal drug throughout. Due to the consumption of this drug, our generation faces the challenge of deciding whether marijuana should remain illegal or must become legal. Usually, people do not know much about marijuana. Everyone thinks it is as harmful as heroin and cocaine. However, marijuana it is fully comparable with legal substances such as alcohol and tobacco, in terms of their impact and damage. I believe that marijuana should be legalized for the reasons I will explain in the following paragraphs. First, marijuana can be used for medical purposes. The use of marijuana for medical purposes is not a recent finding. The use of medical marijuana dates back around 5000 years. There are several writings from Western culture recommending the use of this substance for a variety of health problems and disorders. Today, many doctors agree on the use of marijuana as an alternative medicine because it can reduce the pain of many diseases. Marijuana is useful to relieve pain, nausea, glaucoma, and muscular problems. It is also...

Words: 1543 - Pages: 7

Premium Essay

Economic

...unemployment rate, inflation, and economic growth. C) asset rebalancing, markups, and profitability. D) federal budget, foreign trade, and quantitative easing. Answer: B Question Status: New 4) Economy with no productivity growth is called the A) zero-sum society. B) zero-growth society. C) export-led society. D) doomed-to-fail society. Answer: A Question Status: New 5) The inflation rate is the A) measure used to calculate the price level. B) measure used to calculate the cost of borrowing money. C) percentage increase in the average level of prices. D) percentage increase in the average level of wages. Answer: C Question Status: Previous Edition 6) A rising inflation rate tends to help the following types of people: A) retirees and students with savings accounts. B) borrowers and homeowners without mortgages. C) homeowners with mortgages and students with loans. D) landowners and borrowers. Answer: C Question Status: Previous Edition 7) A rising inflation...

Words: 3478 - Pages: 14

Premium Essay

Voa London

...LONDON — Europeans are watching the final stages of the U.S. election campaign closely, concerned about how the outcome might affect global issues. Europeans can't vote in the U.S. election, but, like people everywhere, they have a stake in its outcome. From economic issues to Iran and the war in Afghanistan, the future of Europe is very much linked to the United States. And the two men who are vying to lead it for the next four years would seem to have very different views of the continent. "I think the president wants to turn us into a European-style welfare state, an entitlement nation. That model has not worked anywhere in the world," Romney said on the campaign trail. Barack Obama usually strikes a different tenor when he talks about the continent. "Each step points to the fact that Europe is moving towards further integration rather than breakup and that these problems can be resolved, and points to the underlying strength in Europe's economies," said Obama at the G20 summit last June. Senior fellow Xenia Dormandy of London's Chatham House says that difference in tone has been noticed on this side of the Atlantic. "Romney talks about a strong, exceptional America, a leading America. And he talks about increasing defense spending. All of those things are things that make Europeans a little bit nervous," noted Dormandy. "Contrarily, Obama, I call him a European leader. He's very consensus-driven. He's wanting to work in multilateral institutions, wanting...

Words: 6165 - Pages: 25