The Impact of Teenage Unemployment and Possible Solutions Essay

Beginning with unemployment in the 2007-2009 recession, U.S. unemployment rates peaked at 10% as well as held 41 consecutive months at rates higher than eight percent (Lazear 1). The U.S. economy plummeted during this time; many attributed the shift to a large decrease in the number of employed workers. To be able to better understand the unemployment issue, we must first examine the form of unemployment faced by the U.S. economy. Many believe that the changes faced by the U.S. labor market

60% percent of all jobs produced between 2008 and 2012 are paid minimum wage. For every 4 unemployed Americans, 1 job is available. In 2012 the black unemployment was 14.0. Income in the US varies greatly considerably across ethnic groups and race. For instance, 3.6% of Asians and 5.8% of Hispanics or Latinos face unemployment.

There are many different age brackets, genders, and ethnicity that make up unemployment in the labor force. Some of the same people who were once in the labor force also make up the workers who are not counted in the labor force anymore. Unemployment is important to the economy and the society that we live in because the more people without any jobs and/or not having a legitimate source of income will increase crime, poverty, political unsteadiness, downgrade health standards, and mental health problems. Unemployment can also cause underemployment which is not good for the economy. Underemployment, in one of its usage, is defined as the employment of

Before one can understand the various components of unemployment it should first be understood what exactly unemployment is. Unemployment is defined as people who are currently not employed, available for work and tried to find a job within the last 4 weeks. (Makiw 299). This means that not all people without a job are necessarily considered unemployed. Workers without a job who are no longer searching for a job fall into the category of discouraged workers. This group of individuals is not included in the figure for finding the unemployment of a

A white person is also more likely to attend college, earn a degree and own their own homes than there African-American and Hispanic counterparts. The findings concluded that race and class are related and the lack of knowledge means less fortune. Although African Americans adults have narrowed the gap between white adults when it comes to graduating high school, on the other hand the gap is much wider for obtaining college degrees. Studies show that over 30% of white adults had earned a bachelor’s degree in 2005, at the same time only 17 percent of black adults and 12 percent of Hispanic adults earned degrees. Asian- American topped all three races; almost fifty-percent of them had at least a bachelor’s degree in 2005. The median income for white households was a little over $50,000 last year, for African-Americans the households income it was $30,939, $36,278 for Hispanic and $60,367 for Asian households. The results show that white households tend to make 50 percent more than their African-American Counterparts. In dollar terms, the gap has grown from $18,123 to $19,683. Hispanic households made about 76 percent as much as white households in 1980. And in 2005, it was 72 percent. Even though the gap in poverty still exists it has diminished a little since the 80’s. The poverty rate for white was 8.3 percent on

Sociologists study human society. Their studies include human behavior in many social contexts such as social interaction, social institutions and organization, social change and development (Abraham). Because of the broad spectrum of social circumstances that are studied, unemployment is an issue in which sociologists thrive. Conflict in the areas of age, race, gender, and disability is common among the employed as well as the unemployed.  From a sociological perspective, unemployment can be studied through both the Functionalist Theory and Conflict Theory.  It also touches upon the results of unemployment in societies and institutions such as family, education, government, and health. Unemployment affects almost everyone to some extent

The Generation Jobless documentary has enlightened me on how bad the after graduation unemployment situation is in Canada. There are more cons than there are pros in the unemployment situation. Some of the positive parts of the graduation unemployment are, the places that help graduates finds jobs, that they graduated with a degree in something, and that they put themselves up higher on the education ladder. Just a few of the cons are underemployment, pointless debt because graduates can’t find jobs in their fields, server jobs are the only jobs graduates can find, and graduates are let go faster than others that have more experience. I feel that Canada needs to do something fast about this issue because they have one of the highest unemployment rates for graduates in OECD countries. There are very few pros in the unemployment situation in Canada.

“Unemployment is high (8.3% of the working population, with youth unemployment alone now at over 1 million” Unemployment doesn’t just effect an individuals financial status and social economic group. Unemployment can cause and aggravate mental health. Unemployment can lead to financial difficulties many people struggle with state benefits being their only source of income. The unemployed have constant battles to settle bills and purchase necessities with often turning to pay-day-loans and credit cards. Unemployment can lead to person belonging and housing

Unemployment is seriously a big problem, because it threatens the unemployment people’s psychological and metal health. It can cause depression, anxiety, demoralization and low self-esteem, which all influence their health. However, the unemployment does not just affect the health, it is also influential to the human lives. When the rate of the unemployment

The share of individuals who are eligible to work is lower than before pre-recession levels

The United States is currently experiencing a slow recovery from the recession of 2008-09. The current unemployment rate is 7.7%, which is the lowest level since December of 2008 (BLS, 2012). However, this rate is believed to higher than the rate that would occur if the economy was operating at peak efficiency, and it is also believed that there are structural issues still underpinning this performance. For example, the number of Americans who have exited the work force as the result of prolonged unemployment is believed to be higher than usual. In addition, the Congressional Budget Office (CBO, 2012) notes that long-term unemployment of greater than 26 weeks is at a much higher rate than normal, which will have adverse long-run effects on the economy, since workers with long-term unemployment often find their career paths derailed.

Sociologists study human society. Their subject matter includes human behaviour in various social contexts, social interaction, social institutions and organisation, social change and development (Haralmbos, Van Krieken, Smith & Holborn 1999). For this reason, unemployment is an issue which sociologists delve. Unemployment has far reaching affects in all areas of society. Stratification in the areas of age, race, class, gender, ethnicity, sex and disability is rife amongst the employed and unemployed alike, unemployment creates further segregation amongst these already stratified people. This essay will look at unemployment from the functional and conflict theory

Among Economic Co-operation and Development (OECD) countries, more than one in eight of all 15 to 24 year-olds are not in employment,

The objective of this paper is to use the triangle model of social analysis to further analyze the issue of youth unemployment. After having a group discussion we have come to a conclusion that this model will allow us to get a deep understanding of the impact that social institutions have on our dominant ideologies and how they are framed through the influence of different institutions. Youth unemployment is an extremely important issue in today’s society and time because over the past decade, youth unemployment has been rapidly increasing and is starting to become a serious, economic and social problem for Canada and other industrialized countries.

Unemployment is a key factor that plays a significant role in both economic growth and development which is the aim of any country. Unemployment is defined when a person who is actively searching for employment is unable to find work. There are many ways one can be unemployed hence, there are different types, frictional, cyclical and structural. Frictional unemployment is a type of unemployment which is usually caused because unemployed workers may not always take the first job offer they receive, because of the wages and necessary skills; this may also be caused by workers who will quit their jobs in order to move to different