EPHUMA 141 English For Tertiary Studies II
Research Report
On
What Are The Problems That May Arise Due To The High Unemployment Rate In America And What Measures Can Be Taken To Improve The Unemployment Situation Now And In The Future?
Submitted by : Agatha Tanubrata
Submitted to : Lo Mee Mee On 18 April 2012
33 Bishan Street 21
Rafflesia Condominium #02-10
Singapore 579801
18 April 2012
PSB Academy Campus @ Delta
355 Jalan Bukit Ho Swee
Singapore 169567
Dear Ms Lo,
Please find enclosed my report entitled “What are the problems that may arise due to the high unemployment rate in America and what measures can be taken to improve the unemployment situation now and in the future?”
I believe you will find the report has answered the question in a comprehensive fashion.
Should there be any questions regarding this report, please do not hesitate to contact me at the address above or e-mail me at agathanubrata@hotmail.com.
I hope that you will find the report covers the areas of concern expressed in the question and that you will find it interesting and informative.
Thank you.
Yours sincerely,
AGATHA TANUBRATA
Table of Contents
Page
i) Summary……………………………………………………………………………………….I ii) Justification…………………………………………………………………………………...II
I. Introduction……………………………………………………………………………………1
II. Unemployment rate in America A. Definition of unemployment rate i) Various types of unemployment a) Frictional b) Structural c) Seasonal d) Cyclical B. Percentage of the labour force in America
III. What are the problems that may arise due to the high unemployment rate in America? A. Increase in crime rate B. Deprivation in standard of living C. Massive government debt and deficit i) How does the debt affect the deficit? ii) How does the
References: Amadeo, K. “How the U.S. Federal Debt and Deficit Differ and How They Affect Each Other” 2012. <http://useconomy.about.com/od/fiscalpolicy/p/US_Debt_Deficit.htm> (2 Apr. 2012). Amadeo, K. “U.S. Federal Budget Deficit” 2012. <http://useconomy.about.com/od/fiscalpolicy/p/deficit.htm> (2 Apr. 2012). Amadeo, K. “FY 2011 U.S. Federal Budget” 2012. <http://useconomy.about.com/od/usfederalbudget/p/FY-2011-Federal-Budget.htm> (29 Mar. 2012). Alexis, W. “What Is Seasonal Unemployment?” 2012. <http://www.wisegeek.com/what-is-seasonal-unemployment.htm> (31 Mar. 2012). Colander, D.C. (2004) Monetary policy and the debate about macro policy. In M.G. Hill (5th Ed.), Macroeconomics. New York: The McGraw-Hill Companies. Colander, D.C., & Gamber, E.N. (2002) The nuts and bolts of macroecomomic policy. In P. Hall (Ed.), Macroeconomics. New Jersey: Pearson Education. Fox, J. (2012) The economics of well-being. Harvard Business Review, 90, 78 – 83. Jackson, J., Mclver, R., & Wilson, E. (2011) Fiscal policy and the public debt. In M.G. Hill (9th Ed.), Macroeconomics. Australia: McGraw-Hill. McTaggart, D., Findlay, C., & Parkin, M. (2010). Economics, Australia: Pearson Australia Raphael, S., & Winter-Ember, R Tanous, P., & Cox, J. (2011). Debt, deficits, and the demise of the American economy, New Jersey: John Wiley & Sons Thredgold, J “United States Unemployment Rate” 2012. <http://www.tradingeconomics.com/united-states/unemployment-rate> (25 Mar. 2012). “United States Unemployment Rate.” Graph. Bureau of Labor Statistics. 9 Mar. 2012 <http://www.tradingeconomics.com/united-states/unemployment-rate>. (The graph appeared on page 1.)