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Unemployment In America Essay

412 Words2 Pages

Unemployment has always been a problem in the United States and a problem generally everywhere. Citizens either have a difficult time finding a job, keeping one, or working at jobs that don’t pay enough to support themselves and their families. Taxes could also be a major factor in having careers. Taxes takes out a percentage of money every time a working citizen gets paid either with a check or through direct deposit. There was a high unemployment crash in 2008. However, the employment rate has been rising steadily afterwards. 2008 was the worst time for job unemployment since 1945. The unemployment rate for Alabama was at 6% by August and rose steadily to 11.9% by October of next year. California had a rate of 7.5% and Pennsylvania had a 5.7% unemployment rate. By the end of 2008, more than 2.6 million United …show more content…

Those who worked several part-time jobs jumped from 715,000 to about 8 million. The highest record jump since 1955. All types of jobs were lost and thousands were fired. Manufacturing lost about 149,000 jobs. The mining industry cut 1,000 jobs and the hospitality industry cut close to 22,000 careers. During this time, this was known as the Great Recession. The United States eventually had a rougher economy than Canada and other countries. Currently, the unemployments rates have dropped drastically due to an increase in taxpaying workers. Some companies responsible for high job losses are Chrysler, Sprint Nextel, United States postal service, Ford Motors, DuPont, AT@T, Starbucks, Verizon Wireless, Citigroup, and General Motors. Currently, most of these companies are still open and have helped reduce the unemployment rate by rehiring people who were in need of careers after the Recession. These companies, such as Starbucks, have expanded since 2008 and have eventually hired far more employers than those that were fired during the

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