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Unemployment In The United States Essay

467 Words2 Pages

One of the economic difficulties of the present period of development in the United States is the unemployment. Unemployment implies the waste of the company's main productive force, the labor force, on a huge scale, an important falling in national income and that is country's main gross product. Speciously, with the incomplete use of available labor resources, the economic structure works without reaching the limits of its production capacities. The unemployment rate is one of the important indicators to determine the overall state economy, to evaluate its effectiveness and because this problem led to unemployment and becoming the major issue in the United States.
Unemployment is an economic problem that has the most direct and substantial impact on every person living in the United States. This problem started in the 19th century. The large-scale corporation is the most common production organization. But for the market economy, the most common is individual or …show more content…

Regardless of whether you work or not, the Employ decide on costs and income caused by workers. If the cost is greater than revenue, which indicates to the company that the company has a low efficiency, the employees have a surplus. Therefore, unemployment or the lay-off will certainly occur. The consequences of unemployment can affect more than the person who was unemployed, that will also affect family and family income. Living without a solid income is a very difficult way to live. The individual who has just lost his or her job is open to a spectrum of emotions, anger, sadness, confusion, stress and all these emotions can really hurt a person in a way. If they search for a job and requires more time than initially expected, the person may not have enough money in the bank to achieve all their day to day life

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