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Why Isn't the Unemployment Crisis a National Emergency?

Essay by   •  November 12, 2011  •  Essay  •  493 Words (2 Pages)  •  1,389 Views

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Title: Why Isn't the Unemployment Crisis a National Emergency?

Economics is the study of how people choose to use resources. This articles is about the unemployment of the United State Companies. Every day we hear that economics are getting lower in companies . Some workers are being fired or given excuses to not come to work for reason during their work days. There are four factor of productions that talk about this situation.

Capitalism is a social and economic system in which individuals own the means of production and maximize profits. The capital problems of this is on the demand side. The government , Such as President Bora Obama have the right to make sure each company have that same opportunities. However if he fails then jobs will start disappearing, Workers payments will be dropped, therefore medical bills will start soaring. When nation go much further, particular in light of the large budget deficit projected for several years from now. We are need of more tax brackets at the top. The unemployment rate in the United States was last reported at 9.1 percent in September of 2011. Entrepreneur is an economic agent who perceives market opportunities and assembles the factors of production to exploit them for profit in a firm. Business makers are not getting better profit because people are jobless and they do not have enough money to buy wanted or needed products. American order credits with money to make a better profit. Electronics stores and personal. Land is taken to include, in economics, all natural resources, including the sea and outer space. America do not mostly make their own product when it comes to economic concerns. Southern states produce natural resources. Such as fruit, vegetables and meat products. China is one of the country that provide most natural resources for America.

Labor markets are in terrible shape. Not only unemployment create jobs, but also puts money in the hands of people who get jobs, so they can turn around and buy the good and services. About fourteen million people are jobless today. the ratio of job seekers to job openings is 4.3 to 1, and the employment to population ratio has dropped precipitously

Unemployment impact me because it really hurt if you do not have job. Even though I have never work in my whole entire, however my mother work every day. therefore I experience how much she complained about her work rate. sometimes the economy goes down and sometimes her company ask her to stay for over time depending on the economy.

Title: Why Isn't the Unemployment Crisis a National Emergency?

Unemployment Crisis in the United States is a National Emergency because of economic issues. Economics is the study of how people choose to use resources. This article is about the unemployment of the United State Companies. Every day we hear that economics are getting lower in

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