January 11, 2104
http://money.cnn.com/2014/01/10/news/economy/jobless-job-market-dropouts/index.html?hpt=po_c2
Unit 5
The unemployed/jobless actually dropped in December, but reportedly for all the wrong reasons. To be counted in the jobless percentage, you have to be actively searching for a job. The reason the unemployment rate decreased is because around 347,000 just gave up looking for jobs, dropping the rate, since they are no longer included in this. The participation rate has not been this low since 1978, and it may even weaker, since more women are participating now than back in the 1978. Also, only 1/3 of teenagers are participating in the job market, one of the lowest rates on record. It is also a problem, because of the 74,000 jobs that were created, the majority of those were only seasonal or temporary hires. In all there was a loss of 20,000 jobs last month.
Just like the previous post on this, this disturbs me. It seems to me, that instead of improving, we are slipping down on an ever slipperier slope. And those who give up on finding a job, aren't helping themselves or the economy. Besides, there is a problem with the types of jobs available. The types of jobs that most people can find, are not very inducing to average person to return to the workforce. Since those types of jobs that are available are normally in the fast food or retail business, and don't pay very well. I just wish there was someway to reverse time, and stop this all from happening. Get people back on track, improve the economy, and just make everything better. In other words, I'm wishing for either a miracle, or magic.
I think that this is so sad! Honestly, I know it's a bad thing that people are just giving up on looking for jobs, but I can kind of understand. After a while I can imagine how frustrating it would be to be turned down for jobs. I just wish that somehow we could live in a world where everyone is paid a living wage and everyone has a job if they want/need one.
ReplyDeleteIt's quite disturbing to me that there are people in this world who give up so easily, who stop looking for a job just because it isn't inducing to them. Sometimes we have to do hard things, but fast food isn't that hard, and the money, although small, is better than nothing. Lazy people who don't go for a job because it isn't their "thing" disappoint and drag on everything which makes me less open to the idea of government welfare when they don't even work. mERicA!
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