Monday, October 7, 2013

More people stopped looking for work


August job gains fell below expectations, but the jobless rate was the lowest in almost five years.
The employment rate fell to 7.3% from 7.4%, the Labor Department said. That's the lowest since December 2008. However, the drop came because 312,000 Americans stopped working or looking for work not because there have been more job openings.

I already did an article similar to this one. People have given up and stopped looking for work. More people will probably register for welfare now so that's not good. I don't know how they can't find jobs because there has to be openings at a grocery store or somewhere where they could make at least minimum wage instead of doing nothing.

Sunday, October 6, 2013

Families affected by unemployment


According to the article, U.S. families affected by unemployment has gone up 33 percent. Nevada, California, Hawaii have an even higher percentage. Households with children under 18 where at least one parent is unemployed rose from 2.4 million to 3.2 million. Economic well-being worsened for families with children, home ownership has declined, and the food stamp receipt increased.

Obviously this isn't good for our country, it's pretty self explanatory. This shows that the recession isn't getting any better and it's gradually getting worse. More and more people are forced to rely on the government for food stamps. It's really upsetting.

Wednesday, September 18, 2013

U.S. adults face near-poverty, unemployment


This article claims that 4 out of 5 faces joblessness and near poverty. A recent survey claims the gap between rich and poor is widening and there's a loss of good paying manufacturing jobs. A lady in Virginia states that the economy is so bad that kids have nothing better to do than to get on drugs.

 I think this is really upsetting. All Americans use to strive and prosper, but now 4 out of 5 adults are unemployed and living off the government checks.

Thursday, September 12, 2013

Drop in unemployment at the end of 2012




The unemployment rate dropped 0.2% from October 2012 to November 2012. I thought this article meant that more people were starting to get their jobs back since a lot of people have been laid off. Economists suggest that this a result of a shrinking labor force instead of an addition of jobs.

This isn't good for the economy because people have stopped looking for jobs. So now people who aren't willing to look for jobs anymore will probably register for welfare collecting money from hard working people who earn their money. This really annoys me. I wouldn't have a problem with it if they were looking for work and couldn't find any so they registered for welfare to help them out, but too many people have stopped looking for work and are living off the government.