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Unemployment In America Essay

596 Words3 Pages

The unemployment rate in America of 2010 was 9.6% and in October 2017 it was 4.1%. So over a time period of 7 years it went down a total of 5.5%. Over time the unemployment rate is going down, so people are getting jobs and not being unemployed. Unemployment is when you’re in the state of being unemployed or not having a job. The department of Labor is a organization that helps the unemployed get back on their feet and we as students can do our part in the future.

The cause of unemployment is the lack of available jobs and work spaces. “When being unemployed, the longer you are unemployed the less attractive you might be to potential employers”. “When being unemployed it can hurt the rest of the economy, when you have less money to spend because of unemployment, other companies suffer from less consumer demand”.so the companies won’t have the money to keep their business running, …show more content…

“The Department Of Labor fosters, promote, and develop the wellbeing of wage earners, job seekers, and retirees of the united states; improve working conditions; and advances opportunities for profitable employment.” “The Organic act establishing the Department Of Labor was signed on march 4th, 1913 by reluctant president william howard taft.” “ This act prepared the way for a much broader labor standards bill setting minimum wages and maximum work hours for most industrial workers. In the words of the Organic Act, “the departments purpose is to foster, promote and develop the welfare of working conditions, and to enhance their working opportunities for profitable employment. “With the entry of the U.S. into world war 1 on april 5th, 1917 adequate war production became a national necessity and issues of working conditions and labor peace assumed paramount importance.” So the department’s purpose is to foster, promote, and develop the wellbeing of wage earners, job seekers, and retirees of the United States. (Department Of

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