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The dictionary definition defines the unemployment that is unemployed. I define unemployment as a sign of the times. Every time you put on the news we heard another company is laying off employees. It started after 9 / 11 the aviation industry, now is the automobile industry and more recently courier services such as DHL Express. During this presidential election, the focus of McCain and Obama have discussed is our economy. As the nation's unemployment rate jumped to a high 5-year high, the country is now facing a recession. Since the beginning of the year 605,000 jobs have been lost, says the Labor Department. During the summer The unemployment rate rose from 5.7% in July to 6.1% in August.
Outsourcing is one of the main reasons for this problem in America. Outsourcing of American jobs to other countries has become a problem of epic proportions. A report cited on CNN and co-written by Kate Bronfenbrenner, an expert in labor, documented approximately 48,000 U.S. jobs. These jobs were outsourced from January to March 2004 to other countries or publicly announced as scheduled for outsourcing. It is unclear how many accounting, engineering, technical assistance and other professional jobs have moved offshore in the recent years. For example, if you have customer service questions for Toshiba computers, will be directed to an employee in India. Some experts believe that 200,000 jobs in services could be lost each year for the next 11 years.
Moreover, outsourcing is one reason that developing countries will not be able to gain economic freedom. U.S. depends on these countries to provide goods and services at a cheaper price. The country in development is so poor that they welcome the small amount of money for their goods and services. It is because of their dependence on us to contribute to their inability to gain independence financial and financial development.
Boeing is one of the largest companies sending more jobs overseas than any other company no. Boeing is just looking for cheap labor, are looking for countries that are in the market to buy aircraft. A Boeing spokesman said: "Staff feel attracted by cheap labor, but sales are more important. "Therefore, if we reduce the unemployment rate we have to reduce the expense of our lives.
Although experts say that unemployment will continue to rise, Congress is making an effort to stem job losses down. For example, Congress is preparing an idea to help Americans out, is the idea of unemployment insurance. For example, someone who made $ 70 a week for three months before taxes will get $ 40, and someone who made $ 850 per week for three months before taxes, you get the maximum $ 450.
Some argue that illegal immigrants are causing unemployment in our economy. Congress believes that the 12 million illegal immigrants who are working for $ 10 an hour are taking jobs U.S. citizens. Immigration has lowered wages for workers by 4%. Between March 2000 and March 2004 the number of unemployed grew 2.3 million euros, on the other hand the number of employed immigrants rose to 2.3 million. Many companies say the only immigrants work jobs Americans do not want, but now more than ever Americans need these jobs.
There are many ill effects of unemployment. One is that those who are unemployed are no longer capable of supporting the economy, because they can not afford it than before. It also forces people into poverty. If someone was let go in order to maximize profits, and they are no longer able to support themselves or their families, and are unable to find a job that can meet your needs, How am I supposed to live up to the quality of life?
President-elect Barack Obama has given Americans hope for the future. There has been talk of extending unemployment benefits for Americans in need. There has been talk of outsourcing and to give companies an incentive to keep jobs in U.S. It spoke of Universal Healthcare. The hope it brings to every American is putting them, their families, and their interests first. I, like other Americans believe that President-elect Obama intentions are sincere. Only time will tell if he can do all the things you dream. The financial situation of this country are so low at this point, the hope a secure future looks good!
About the Author:
Resides in Folsom,
Attends West Chester University
Article Source: ArticlesBase.com – Unemployment in America
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