http://www.ibtimes.com/us-august-jobs-report-2013-169k-nonfarm-payroll-growth-unemployment-rate-drops-73-1403102
I really don't understand why so many jobs are being created or how they're being created. Every month there are maybe 150k jobs created in the united states, BUT the unemployment rate is till decreasing. If jobs are being created, how is the unemployment rate rising? In July there were supposed to be 180k jobs created in the US; however, there were only 169k created. If our country is in such economic debt, where is the money for these 169k jobs coming from?
The article informs you on how "The labor market is stagnant." As in it keeps fluctuating up and down. If the debt of the US needs to start being fixed, I believe all these jobs cant continuously keep being created and if they are it needs to be at a slower pace. The jobs are being created but yet people are losing their jobs everyday therefore the employment rate needs to be brought up on a l
I do not understand how the jobs creating system works. They can be lying about the number of jobs being created; most of people won't know! The jobs that are being created could come from some employees that just got fired. Creating more jobs would help the citizens, but the jobs could be going around. This person loses a job and money, the other person get the job and money. We're just going in a circle while the debts is increasing. The unemployment rate might not mean anything. It might show that the economy has gotten somewhat better, but that doesn't change the fact that we're in debt and it's going up every second.
ReplyDeleteTo be honest, I think there is a very simple way to increase the number of jobs and decrease the unemployment rate. The answer: a stop of outsourcing. While this cannot by any means be completely eliminated, the amount of factory jobs being outsources can definitely be lowered. It seems like many people in the United States feel that they are "too good" to work in a factory all day, every day. If more products were brought back to the United States, hundreds of thousands of jobs would begin to develop right away.
ReplyDeleteThe unemployment rate is actually decreasing because people have stopped looking for work, which means they're not considered unemployed. But if they really wanted a job there has to be small job openings somewhere even if it's just for minimum wage, it's better than nothing.
ReplyDeleteI disagree, I think that it is important for the jobs to be created. No matter what pace it is at. You said in your reflection that many people still lose their jobs everyday. With that being said, they will need to find work somewhere else. This is the situation for many people, so it is necessary for jobs to continue being created. If no jobs are created, there is even smaller room for growth within the economy.
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