Unemployment and the Economy

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ECONOMY AND UNEMPLOYMENT

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The latest job report is showing the nations unemployment rate is at 9.8% There is suspicion that it will reach over 10% This is the biggest economic recession in 70 years

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U.S Employers cut 263,000 jobs from payrolls this past September Americans that have been unemployed for more then six months recently reached 5.4 million

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The government has a 1.8 trillion budget deficit U.S foreclosures are reaching new heights as unemployment continues to rise

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In January Michigan had the highest unemployment rate of any state in the United States

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In august the number of unemployed persons increased by 446,000 to 14.9 million

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Among the major work groups: UNEMPLOYMENT RATES ADULT MEN 10.1% ADULT WOMEN 7.6% WHITES 8.9% HISPANICS 13% TEENAGERS 25.5% AFRICAN AMERICANS 15.1% ASIANS 7.5%

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DISCOURAGED WORKERS ARE PERSONS NOT CURRENTLY LOOKING FOR WORK BECAUSE THEY BELIEVE NO JOBS ARE AVAILABLE. The number of discouraged workers in august Has nearly doubled over the past 12 months!!

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Construction employment has declined by 65,000 Since august Manufacturing continued to decline by 63,000 Motor Vehicles and parts lost 15,000 jobs Financial activities lost 28,000 jobs Wholesale trade fell by 17,000

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Obama’s idea to help unemployment is using the stimulus package to save/create 3.5 million jobs BUT… 5.1 MILLION jobs have been lost THIS IS NOT ENOUGH! Since 2008

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WE NEED TO STOP THE FAILING ECONOMY!!

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WE NEED TO SHOW THAT WHAT THE GOVERNMENT IS DOING FOR OUR ECONOMY IS NOT ENOUGH!!

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WE NEED TO STOP RELYING ON THE GOVERNMENT TO SOLVE ALL OUR PROBLEMS AND START WORKING TOWARD FINDING NEW WAYS TO IMPROVE OUR FAILING ECONOMY WE NEED TO WORK TOGETHER!!

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This slideshow was created in an attempt to turn your attention toward the issue of unemployment Created by: Randeep Sahota Erica Ciotta Krystal Kiroff Justin Grauer