Preview

Current Events and the American Government

Powerful Essays
Open Document
Open Document
1518 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Current Events and the American Government
Assignment 2: Current Events Research Paper By Tuesday, February 12, 2013, draft a paper that critically analyzes a current, domestic or foreign political issue of importance to the United States. Students will (1) identify a current political event to analyze; (2) research and summarize the different approaches to understanding the political issue selected; (3) provide a clear, personal analysis of the issue and an explanation of the core values and assumptions that informs their analysis. The student will be expected to support their discussion with primary texts and from pre-approved secondary sources (including, but not limited to the course text, online lectures, and a list of suggested online resources). Your paper should be 6–8 pages in length and include proper APA citation. Submit your essay to the appropriate topic in the W5: Assignment 2 Dropbox. Remember, you should utilize information provided from each week of the course to complete your essay www.tradingeconomics.com/united-states/unemployment-rate United States Unemployment RateUnemployment Rate in the United States increased to 7.90 percent in January of 2013 from 7.80 percent in December of 2012. Unemployment Rate in the United States is reported by the Bureau of Labor Statistics. Historically, from 1948 until 2013, the United States Unemployment Rate averaged 5.81 Percent reaching an all time high of 10.80 Percent in November of 1982 and a record low of 2.50 Percent in May of 1953. In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for the United States Unemployment Rate. | | |

United States Unemployment Rate at 7.9%, Payroll Employment RisesBLS | Nuno Fontes | nuno@tradingeconomics.com | 2/1/2013 1:36:00 PM Total nonfarm payroll employment increased by 157,000 in January, and the unemployment rate was essentially unchanged

You May Also Find These Documents Helpful

  • Better Essays

    The unemployment rate in the United States has dropped significantly ever since the economy crashed in 2008 when unemployment rapidly climbed. Unemployment is still higher than it should be but at least the rate is decreasing. On a national level the unemployment rate has dropped from 8.3% in January 2012 to 7.9% in January 2013 (United States Department of Labor, 2013). Over the past year unemployment has changed very little with an exception of a drastic decline in unemployment during the third quarter of 2012 (United States Department of Labor, 2013). According to the United States Department of Labor, more than 300 thousand persons was removed from the labor force willing and able to work; however, did not actively search for a job within the last four weeks. This contributed to the fall in unemployment rates. Employment has…

    • 1516 Words
    • 6 Pages
    Better Essays
  • Better Essays

    It has been going on five years since unemployment has been such a factor in the United States. The unemployment rate is defined as the percentage of people in the economy willing and able to work but are not working. This statistic is a little deceiving, as it does not take into account the people who have given up looking for work. Given that caveat, experts believe that the number of people out of work is significantly higher. The Bureau of Labor Statistics (BLS) reports the unemployment rate on the first Friday of each month. It is useful to compare this month 's unemployment rate to that of the same month last year. This rules out the effects of seasonality (Amadeo, 2011). Unemployment is known as a lagging indicator. The effect of economic events, such as a recession, and so occur after the said economic event has already started. That means the unemployment rate will continue to rise even after the economy has started to recover, as employers are reluctant to lay people off when the economy turns bad. In turn, companies are even more reluctant to hire new workers until they are sure the economy is well into the expansion phase of the business cycle. For that reason, the unemployment rate is a powerful confirmation of what the other indicators are already showing. The current unemployment rate as of the end of January was 8.3% and…

    • 1429 Words
    • 4 Pages
    Better Essays
  • Better Essays

    The Unemployment rate in the United States is currently 6.7% as of December 2013. This rate is lower than November due to the many holiday jobs that were created. In January it is predicted to go back up since the people that have lost their jobs due to a short term holiday work season. The rate will go down again once the warmer weather of spring and summer arrives due to the seasonal work of construction and landscaping businesses. The unemployment rate will continue to fluctuate due to the seasonal work but it will also increase as we lose businesses due to the tough economic conditions. Many employers are laying off workers or closing their doors due to many regulations that have been passed by our government. A lot of employers have had to cut down on their workforce due to a higher cost to do business and cost of healthcare. In the long outlook of this situation if healthcare costs are not lowered more businesses will be leaving the United States or just closing their doors. This will drive up the unemployment rate again. The forecast for jobs leaving the United States keeps growing the more that companies need to…

    • 1239 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    ECON 410 Final Paper

    • 2384 Words
    • 8 Pages

    The most widely recognized indicator of a recession is the unemployment rate. People are classified as unemployed if they do not have a job, have actively looked for work in the prior four weeks, and are currently available for work. (4, pg. 5) Just prior to December of 2007, the unemployment rate was 5.0%, but by the end of the recession in June of 2009; the unemployment rate was 9.5%. We saw during the recession the unemployment rate peak at 10.0%, this was in October of 2009. This was not the highest unemployment ever reached though. Between September 1982 and June 1983, the unemployment rate peaked at an all time high of 10.8%. Not only was the number of unemployed tremendously high, the proportion of long-term unemployed in the recent recession compared to post-recession periods is notable. The long-term unemployment rate is the number of persons employed for twenty-seven weeks or longer as a percent of the labor force. (4, pg. 5) In 2008, more than…

    • 2384 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In January, the Philadelphia Inquirer reported that the United States government stated that in December, 2012 “The number of unemployed, 12.2 million, was little changed, and the 7.8 percent unemployment rate has been at, or near, that level since September [2012]”. (Loyd, 2013) I have always found these statistics somewhat suspect and misleading as they do not take into consideration those that stopped looking for jobs, fell off the unemployment rolls, or took jobs at a much lower pay scale then they were at previously in order to re-enter the workforce.…

    • 609 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A doctrine is a philosophy, actions, and set of principles particular or adopted by a president or a group in general. It is adopted to guide actions for that particular group or individual. In international relations it is mostly used to explain the foreign policy under a president.…

    • 1242 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    America, the land of opportunity, has allowed many people to become successful and fulfill the “American Dream.” The freedom that the United States gives to its people allows individuals to become successful, as they desire, without any limits set on how wealthy or influential they may be. Over time many people of the United States have taken advantage of the freedoms given for the good, but many for the bad. After large success comes, a lot of power in the ability to influence others comes as well. The influence of the powerful and selfish leaders in the United States is continuously increasing, which furthermore negatively affects the future of this country and puts the focus on the great country America used to be rather than the current condition of the country.…

    • 985 Words
    • 4 Pages
    Good Essays
  • Better Essays

    In the United States today, a huge social issue that Americans are facing is unemployment. Unemployment is so important today, because it has retaken its place in Americans’ minds as the country’s biggest social problem in the United States. According to brookings.edu, “The government's report that the economy added only 74,000 jobs in December, while the unemployment rate dipped to 6.7%, has left many feeling dispirited and confused ”(1). This quote is explaining that the Economy is creating more jobs for the people, but still the numbers are falling for people that have jobs today. When large numbers of people are unemployed, it has a widespread of social effects. If you can't physically feed your family, or pay your rent, you need help.…

    • 917 Words
    • 4 Pages
    Better Essays
  • Better Essays

    “The Great Recession: Causes, Consequences, and Responses.” New Political Science 33.4 (2011): 1-12. Web. 31 March 2014.…

    • 1895 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Unemployment Rate

    • 1537 Words
    • 7 Pages

    The nation’s high unemployment rate is a result of a severe drop in demand for goods and services. It’s not a reflection of longer-term structural changes in the economy but rather cyclical changes in the economy. The demand for goods has been limited because of tight credit, decreases in government budgets, suppression of demand by consumers and foreign markets, and the inability by the fed lower interest rates. Even with the low level of interest rates the Fed is currently practicing a tight monetary policy. The current 9.7 percent unemployment rate is because of cyclical forces rather than structural ones. Obama is currently trying to administer a program of active intervention to stimulate demand. This involves increasing aid to states, extending unemployment insurance benefits, stimulating small business lending and increasing energy-efficiency measures.…

    • 1537 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    American Politics

    • 1647 Words
    • 7 Pages

    Start by think as individuals as the unit of analysis—individual of the members of Congress, individual voters, e.g.…

    • 1647 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Unemployment benefits

    • 733 Words
    • 3 Pages

    When asked to pick a topic recently from the world of business and news I could not think of a better controversial topic than the world of Unemployment Benefits and if and how the long term benefits lead to long term Unemployment rate.…

    • 733 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Foreign Workers

    • 265 Words
    • 2 Pages

    He said with 227 employment agencies nationwide, more foreign workers were being brought in and this created more social problems. He added that due to the economic crisis, it is expected that the unemployment rate will rise from 3.6% to 4%, or 5%.…

    • 265 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Samsung's Marketing Plan

    • 1979 Words
    • 8 Pages

    Political Affairs, 2013. The US Economic Situation and the 2012 elections » pa. [ONLINE] Available at: http://www.politicalaffairs.net/the-us-economic-situation-and-the-2012-elections/. [Accessed 20 October 2013].…

    • 1979 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    This article is an attempt to understand the interrelated triad of love, masculinity and sexuality in the context of the recent “love crime” episode at the Jawaharlal Nehru University. The naturalising of violence and masculinised love is not “exceptional” anymore, and the woman’s autonomy and right to say “no” have been subverted by their fear for safety.…

    • 2113 Words
    • 9 Pages
    Powerful Essays

Related Topics