Thursday, July 16, 2009

Why are employers contributing to the unemployment rate in the US by outsourcing?

Greed. And did you know there is a governmental office, funded by your tax dollars, that assists corporations interested in moving their factories to China. Amazing!



Why are employers contributing to the unemployment rate in the US by outsourcing?mortgage lenders





Because they can make more profit if they use cheap labor



Why are employers contributing to the unemployment rate in the US by outsourcing? loan



Mostly greed. They want more and more profits.



But there are some exceptions. For example if you have a factory making something and all other makers of this something already have a factory in a cheap country, then you have little choice, but to build one yourself (or outsource the work) or you%26#039;ll go out of business.



Another reason can be that there%26#039;s some kind of work in an office that nobody likes to do. They can send just that part of the work to some cheap place and make somebody else do it for pennies. This way the people back at the original office may seem more happy.



Yet another reason can be that the work you outsource is just plain dangerous (or heavily polluting). It%26#039;s much easier to send it to a place where nobody cares if you%26#039;re killing the birds, fish in the river, or poisoning your workers, than to make changes at home.



Somehow all the reasons go back to greed.

What is the lowest US national unemployment rate during Clinton's Administration?

Higher than it is now 4.2%!



Employment data from the U.S. Bureau of Labor Statistics and found that 60 months into the Clinton expansion, the unemployment rate was 4.7 percent vs. 4.5 percent for Bush. The last time the jobless rate was as high as 5.3 percent under Clinton was January 1997, 49 months into the Clinton expansion. The Clinton administration clearly benefited from an expansion that began well before the election and well before they ever passed a single piece of economic legislation.



=



What is the lowest US national unemployment rate during Clinton%26#039;s Administration?unemployment rate





Hahahahaha....he was trying to argue with me on another question where I posted Bush%26#039;s UR was lower than Clintons.....LOL



Better luck next time.



What is the lowest US national unemployment rate during Clinton%26#039;s Administration?

loan



Well lets see, conservative data says that Bush%26#039;s was lower, liberal says that Clinton%26#039;s was. Just pick one and go with it, you can find data to support either claim.|||How is it that the Bush Administration has continually lied to us yet you still believe any numbers that come out of the government agencies. You are not very bright are you ?



You can start with the 2000 presidentail election. GW was appointed by the Supreme Court because his father appointed some of the judges.



You can then go to the staged covert operations that were run for him by the CIA %26amp; friends. Killed over 3,000 people without batting an eye. Free 9/11 video downloads are available



http://www.question911.com/linksall.htm



You can then go and illegally invade Iraq on a trumpted up charge of them having WMDs.



You can then be told that the %26quot;mission is completed%26quot; on an aircraft carrier.



You can then believe that by jailing Border Security Guards by giving imunity to an illegal immegren drug smuggler that he is really interested in halting the invasion from Mexico.



He has even refused to grant them pardons.



You can then believe that the FDA is doing everything in their power to inspect the food that China is shipping to the US after pets and people are getting sick %26amp; dyeing.



You can then hear Bush say that he thinks that the Mexican Attorney General is doing his job when the atty general shows up to give testamony with no documents to support anything he says and states over 60 times %26quot;I Don%26#039;t recall%26quot;.



You can then believe that George Bush is so concerned for the troops in Iraq that Walter Reed Hospital, which used to be THE place to go to get treatment was left to run down and mistreat the wounded soldiers.



You can then believe the the us military has no officers left that care enough for their uniforms and/or oaths to tell the truth to the president. those that did were transferred and/or retired.



You can then believe that high ranking officers can tell the parents of a soldier that died in combat was %26quot;warm dirt%26quot; and have a higher ranking officer tell a congressman that there wasn%26#039;t any laws that were broken. then after the congressman asked him about laws for Conduct Unbecomming an Officer%26quot; he admitted that there was such an offense.



I can go on and on and on but what difference does it make.



The one thing that I can look forward to is waking up tomorrow and watching the whole thing over again.



round, and, round, and, round we go, where it stops no one knows|||this is really not rocket science... easy to find... easy to prove...



http://data.bls.gov/PDQ/servlet/SurveyOu...



clearly...



Clinton low = 3.8 for April 2000



Bush low= 4.2 the month he was inagurated



in other words, someone is riding someone else%26#039;s coat tails... and averages (the only thing conservatives discuss) hide this FACT very well...



HW%26#039;s huge rate that he gave to Clinton, like 6 or 7 percent, ruined Clinton%26#039;s average...



a simple look at the numbers clearly shows this... (you can change the years at the top of the chart for proof, if you want to go back to Clinton%26#039;s first year)|||Clinton may have been lower, but he didn%26#039;t give tax breaks to companies that sent American jobs overseas. Plus the jobs that were here paid better than they do now. I don%26#039;t think the question or answer is in the numbers it%26#039;s in who was looking out for US citizens and who is looking out for corrupt corporate scoundrels. Clinton wins that one, since we actually saw minimum wage go up when Clinton was around, Bush fights it tooth and nail

How bad is a 4.5% unemployment rate?

Liberals seem to be stocking up on food and water for the economic collapse of America. Wasn%26#039;t the Bush attacks on 9/11 supposed to be the economic ruin of America, according to liberals? What about the Bush tax cuts during wartime? What about all the corporate scandals? What about hurricane Katrina? What about the housing market bubble that was to send us into a recession? It seems like anytime there is a cloud in the sky liberals are predicting the economic destruction of America.....or are they really hoping for the economic destruction of America? Whatever hurts America, hurts Bush, right? It is obvious what the liberals would be praying for if they weren%26#039;t all atheists.



How bad is a 4.5% unemployment rate?payment calculator





Where I live, it%26#039;s even lower than that.



Yes, ANYTHING to makes things look bad. To them it%26#039;s all about doom and gloom.



And those foreclosures that you%26#039;ll hear and read about? Stupidity caused those, not the economy. But I%26#039;ll betcha those bleeding hearts will want us to pull them out of that as well. Grrrrrrrrrrrrr!



How bad is a 4.5% unemployment rate?

loan



It%26#039;s the Greatest Economy in the History of the Nation.



Democrats are in a Rage. They are going to raise billions in taxes.



Democrats want Revenge on the Working People for getting Tax Cuts.



The Democrats are going to punish us workers, and we will pay dearly.|||It is actually too low. The ideal rate is 5% so that their is enough flexibility for emerging businesses but it is more important a measure regionally.|||very bad when the 95.5% employed are working McJobs and Wal Mart.|||Only dummies and retards believe what Liberals say.



Liberals predict %26quot;the sky will fall%26quot; since 01/20/2001..... I am still waiting...|||One of the best in history. I can%26#039;t imagine why Hillary and the democrats need to fix it. Tax cuts are working.|||It%26#039;s at an all time low. basically it means that everyone who wants a job, pretty much has one. 4.5 is amazingly low, but to hear the libs talk the sky is falling.



VOTE OUT ALL INCUMBENTS|||Not the numbers game.



This just means that 4.5% of the people filed for unemplyment benefits. It does not reflect people losing 60K and up careers for 30k and below, dead end jobs.



Neo-cons will take anything they can and twist it to something good for America.|||It%26#039;s only bad if you%26#039;re one of the statistics. If you%26#039;re working, it%26#039;s okay. A foolproof formula that works for 4.5% or any other number!|||4.5 means there is no unemployment. In 1992-93 unemployment was almost at 8%.|||Great question.



Liberals really hate these facts:



Stock market at all time high, revenues at all time high, unemployment near record lows. Anyone who wants a job in America can find one.



Why do liberals hate these facts?



Because they hate America. There is simply no other explanation.|||Seems that they were cheering Bill Clinton for what he did



in Arkansas, but just how many chicken plucker%26#039;s do you



need on one state. Also notice that they bring up Mc Donalds



and Wal-Mart as the source of jobs and accuse Bush for



throwing unemployed drug dealers in jail to reduce the



unemployment rate. Guess they need their dealers back



on the street so they can get their drugs.



If you want to see the unemployment rise, wait until a



Democrat becomes President and raises taxes, there



will be less money for people to spend meaning that



less products will get sold and companies will be forced



to layoff workers to hold their margins.



9/11, Katrina and every other disaster in the US has been



the fault of Bush, according to the Democrats, I%26#039;ll bet that



they even blame him for Global Warming (to bad that one



is a lie). I am sure that they blame Bush for the high cost



of housing but doubt that they would sell their own house



for less than the market price.



This is the reason that the Democrats have a JACKASS



for their mascot, and it sure fits.|||%26quot;Doomsday soon%26quot; and %26quot;Y2k All Is Lost%26quot; stocked up as in 1960s days of fallout shelters.



Bush attacked nobody on 9/11 but Arabs claimed Jews were behind it despite 17 skyjackers of 19 being Saudi Arabians. JFK wanted tax cuts in a speech available on the internet because the 90% on highest was %26quot;confiscatory%26quot; AKA %26quot;legal taxation robbery%26quot;. He died soon thereafter.



When Brits forgot to renew ONE onerous tyrannical tax, revenues flowed in like Niagara Falls!



Bush tax cuts have turned loose the American GIANT, with revenues flowing in like the waves of a tsunami! People work over-time again, businesses are booming, and TAX MONEY ROLLS IN LIKE an 18 wheeler! Democrats regained control of Congress, made TAX INCREASE noises, and scared the hell out of wage-earners who stopped spending and started bracing themselves/grabbing for ankles. Even peacable Europeans would kill Muslims for 4.5%...we are the envy of the world!



YES, modern liberals want America punished for being hard-working, punished for being successful, punished for all our charity for the entire world...it makes the poor feel poorer especially when wealthy Arabs have billion$ to build islands in the Mediterranian as tourist attractions but NOT one dime for capitalism so their own people can pull themselves out of poverty and squalor and deprivation and disease and lack of education (except %26quot;kill the infadel%26quot; schooling).|||The global unemployment rate is 6.3%.



I learned in first grade that 4.5 is less than 6.3.



Therefore I%26#039;m thinking 4.5 sounds pretty darn good!



ANd if you are working at McDonalds as a frycook (and you are over 21) or WalMart as a greeter (and you are under 65)....then I suggest you are unskilled, uneducated, or just plain unambitious.



All of which are your own fault.|||Welcome to Wal Mart...The U.S. economy grew at an annual rate of 0.6 percent in the first quarter of 2007, the worst showing since the final quarter of 2002, the Commerce Department reported Thursday. The growth rate in real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- was slower than the 1.3 percent pace originally estimated and the 2.5 percent pace in the final quarter of last year. We are going BACKWARDS AGAIN...A Good economy is rooted in Good Fiscal Goverment Management and we are not doing it very well.|||Anyone notice, you still get posters, who think the number of people applying for unemployment benefits, has anything to do with the unemployment rate.



Why won%26#039;t they go to the Department of labor web page and actually read , how the Dept of Labor calculates the unemployment rate.



Or would they rather continue to look silly, by quoting some liberal myth they read on some blog?



Kind of like the liberal myth that all the new jobs are at walmart or mcdonalds.



You have noticed, that they never ever supply any links to back those silly statements up.|||We don%26#039;t have to predict the Republicans that have never ran an administration in the last 3 republican presidents that have not made the deficit grow and economy drop, its plain to see. We don%26#039;t want economic slowdowns like we get with Republicans that is why we vote democrat so it doesn%26#039;t happen. You are a troll, go back under your bridge and stay there.|||No different than the 54% increase in Fast food resturants.



That means the 27%er%26#039;s can all have 2 jobs now to cover the cost of renting a double wide.



Go Team Bush Go

What is the total population,employment, unemployment rate in India?

pls answer asap...



What is the total population,employment, unemployment rate in India?credit check





try to check it out at census in india via email.



What is the total population,employment, unemployment rate in India? loan



popullation - over a billion.



but if u r seeking a job in it sector then no problem coz there are plenty of jobs and good companies like infosys, satyam and wipro

What is the strength of using unemployment rate statistic?

It measures the strength of the job market. You honestly cannot get much better than people looking for work divided by the job market.



As long as you%26#039;re watching real wages as well.



What is the strength of using unemployment rate statistic?student finance





It is an indicator of the health of the economy. However, it%26#039;s not entirely reliable. There is always some unemployment -- the natural rate of unemployment -- and economists don%26#039;t always agree with what that level is. For example, the recent changes in the minimum wage will likely affect the natural rate of unemployment, but no one agrees on how much.

MATH PROBLEM : ECONOMICS - CALCULATING LABOR FORCE & UNEMPLOYMENT Rate, Also see if needs correc

USING : Not in the Labor force45



Unemployed10



Discouraged workers 4



Employed98



Total (?) Population 9



Not of working age30



U = 10/10+98x100



U= 9.25 ?



Is this correct ?



MATH PROBLEM : ECONOMICS - CALCULATING LABOR FORCE %26amp; UNEMPLOYMENT Rate, Also see if needs correction?credit union





You are correct:



The unemployment rate equals



total number unemployed/



(total no. employed+Total number unemployed)



= 10/98+10) = 10/108



MATH PROBLEM : ECONOMICS - CALCULATING LABOR FORCE %26amp; UNEMPLOYMENT Rate, Also see if needs correction?

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If the poverty rate in the United States was as low as the unemployment rate would that be something

Or would it just cause a whole set of new problems since the majority of the nation would be able to afford the necessities and some of the luxuries in life?



If the poverty rate in the United States was as low as the unemployment rate would that be something positive?heart rate





It would be a great thing and create tons of great jobs as people purchased everything.



The big problem with teh US today is the disparity of income. We have a wider gap between the rich and the average and the poor than since the depression. This mean average people cannot buy things that stimulate the economy.



Henry Ford understood that you must pay people enough to buy your product. A wealthier and larger middle class helps everyone. A small number of extremely wealthy helps no one.



If the poverty rate in the United States was as low as the unemployment rate would that be something positive?

loan



Not sure that I understand the question. But I do know that America is the wealthiest nation on earth. So what do you classify as poverty? unemployment rate would also go down if people would start up their own businesses.|||The only reason the unemployment rate is low is because people have stopped looking for work. It is not because they have found work that is equitable to the jobs that they lost because of Bush%26#039;s fuzzy math.|||The poverty rate in America is between 10 and 15%.



That means a family making under about $25,000 a year.



All I can say about that is:



I can work full time at McDonalds at $8 an hour. 8 * 80 * 26 = $16,640. Both parents working at McDonalds is $33,280, above the poverty level.



Throw in a couple of better jobs than working at McDonald%26#039;s, and you have to wonder: How can ANYBODY live in poverty in America?|||Just a question here ok ...? but do you believe the poor should not have to work for those luxuries like everyone else does who want luxuries?



By your reasoning, not only should taxpayers give to the ppor everything thing they absolutely need.. but they should also want to and must throw in an Escalade as well. That makes no sense.|||Yes, that would be great assuming you mean 5.1%.



Phillip Mc---



A Family of FOUR



Assuming there are two parents-33k=Net under 2k/mo



Three bedroom apartment = $2000-$1400=$600 max



$600 minus utilities=$400/mo (assuming heat included which it%26#039;s not)



$400 divided by 4.33 weeks per month= $92 per week



Ever try to feed a family of four on $92 per week much less clothe one and pay school costs, transportation, medical co-pays, etc.? That%26#039;s how people live in poverty if they%26#039;re THAT lucky.

Why Papua New Guinea suffers high unemployment and country like Australia has low unemployment rate?

because Papua New Guinea have a larger population than countries like Australia. So, under normal circumstances, more people = higher umemployment rate.



there%26#039;s also the problem with less education provided, so companies like MNCs (Multi-national companies) most likely won%26#039;t employ them.



Why Papua New Guinea suffers high unemployment and country like Australia has low unemployment rate?credit counseling





Australia has great mineral wealth, and efficient, mechanised agriculture, as well as an educated and well trained workforce. Far too many of PNG%26#039;s people live in isolated villages, from subsistence farming, and have low or no literacy and numeracy. One way to start changing this, is to take the brightest and best, and train them to be teachers, doctors, health educators, midwives, agricultural advisers, etc., and require that they spend several years (say, 4 - 5), back in those villages, making their contribution to their community, to discharge their education debt to the government. With the advent of the new, wind up computers, this is an opportunity PNG cannot afford to miss out on, or it will be a basket case for many decades to come. See www.barefootcollege.org A similar college in PNG, as well as the above, would be highly beneficial. Small trail bikes (125cc), with carriers attached, would seem to suit, as are in use in Africa. I know the riverways are important, and light plane travel is often used for the more inaccessible places, but a more extensive road network is important, too. It needn%26#039;t be all weather, sealed bitumen ones. Elysium is incorrect: Australia has a population of around 23 million, PNG%26#039;s is approximately 5.7 million.

What will be the effects of 10% unemployment rate?

will it affect the country?why or why not?



What will be the effects of 10% unemployment rate?credit repair





There will be a considerable level of pressure on the government to provide jobs for the unemployed.



Economic environment would also get affected as there will be a drop of productivity / out put that could have got from the unemployed if they were employed.



Society would also get affected as there will be rise in crimes , roberry%26#039;s etc..



What will be the effects of 10% unemployment rate?

loan



10% increase crime rate.



yes it will affect the country because the increase crime and social problem. everything is interlink.

Why does this Administration say that the "Unemployment Rate" is less than 5% when 10% qui

Because they want us to believe that their economic policies are working. Unfortunately the policies are only working for the rich.



Why does this Administration say that the %26quot;Unemployment Rate%26quot; is less than 5% when 10% quit looking?postage rate





And where do you get your numbers ?



Why does this Administration say that the %26quot;Unemployment Rate%26quot; is less than 5% when 10% quit looking? loan



the administration lies about unemployment and only uses people registered with unemployment offices to get their statistics. they%26#039;ll lie about anything to make the economy look better to get votes. They don%26#039;t care about minimum wage only being $5/hr when they are making millions and giving billions of tax payers money away daily for their own greedy purposes.|||%26quot;And where do you get your numbers ? %26quot;



In order to make his point, if he had one, he pulled his numbers outta his a$$...



http://jobsearch.about.com/gi/dynamic/of...



Total nonfarm payroll employment increased by 128,000 in August, and the unemployment rate was little changed at 4.7 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment grew notably over the month in education and health services; several other industries had modest increases. Average hourly earnings rose by 2 cents, or 0.1 percent, in August following larger gains in the prior 2 months.|||How can they count those who quit looking? compared to those who found jobs? Its all political fullbarts.|||We got the Hispanic Caucus of the Democratic Party holding the door open for new workers. Ask Solomon Ortiz why folks have quit looking.|||No one wants to tell Bush the truth and Bush doesn%26#039;t want to know, let alone tell, the truth. But, after artificially maintaining the economy after the .com bust by dropping interest rates, the truth is beginning to catch up to him.



Drive through the ghost town that used to be Silicon Valley and ask what the real number is.



They want your vote.



The economy is very unstable. All you have to do is issue a press release stating that the unemployment rate is over 15% and stock prices will drop resulting in more people getting laid off resulting in more stock price drops, and so on.



www.freedomtofascism.com/

Why do Democrats want to raise the unemployment rate?

That%26#039;s what happens when you raise the minimum wage... those worth less than the minimum wage get canned. Why do libs want to see so many Americans lose their jobs?



Why do Democrats want to raise the unemployment rate?honda finance





The more people they can get to be dependent on government the better. Duh. Any moron should be able to see that!



Why do Democrats want to raise the unemployment rate? loanCorrection, only morons think that. Report It

|||So they cab have more people on welfare and get more votes by keeping them there.|||Because keeping them poor, scared and ignorant makes them more dependant on Big Brother -- so they vote democratic.|||Sorry, you are wrong. Raising the minimum wage has never had a significant negative effect on employment. Watch a different news show than Fox and try reading independent economists and read the studies, not the opinions of neocon think tanks.|||Maybe the unemployment rate is going up because Bush is sending our younger workers over to Iraq. Just a thought.|||More repuglican horse pucky that just isn%26#039;t true. Jobs are actually created when the minimum wage is raised. Stands to reason more people have more money to spend which requires more product which creates more jobs. I just can%26#039;t figure why repuglicans do not get it.|||So your answer would be for the poor to remain poor and live hand to mouth? Minimum wage is not proportionate to the cost of living increase, an increase is necessary or these people to live! But of course cons and Republicans don%26#039;t care about the working poor, just what lines their own pockets, typical.|||The only thing you are exposing is your ignorance. Do some research and you%26#039;ll find that you are 100% incorrect.|||Unemployment is not directly related to the rise of the minimum wage. I am certain that there are statistics that will show a correlation, but that does not make the case.



The current unemployment figures are artificially low because the figures only count those that actually recieve unemployment compensation. This count is but the tip of the iceberg. It is a number that looks good when it is small, but that does not accurately reflect reality.|||Even if the unemployment rate and minimum wage are raised, it is not going to affect any Americans in the long run. When minimum wage rises, eventually the cost of living rises as well. Earning a little more money may help some people in the beginning, but even that small increase will not make a huge difference.



My guess would be that people who want to raise the unemployment rate want to help others support themselves, but if that was really the goal other changes to our economic system would have to be made. Raising unemployment rates / minimum wage are really quite pointless acts.|||Why is it that there are Nobel Prize winning economists that disagree with you???? are you somehow smarter and more knowledgeble than they are???|||No actaully it%26#039;s not what happens that is a conservative myth like the estate tax causes people to lose family farms myth, there is not one documented case of the estatye tax causing this lose but the right screams it every chance they get. In states that have raised the minimum wage above the federal level like Utah there has actully been greater economic growth than the national average so that kind of shoots your lie in the keester there moon bat|||What good is a job if you can%26#039;t earn a living wage ?|||I wonder why the question references just democrats and not the 82 republicans in the house and 45 republicans in the senate who also voted for it.|||The federal minimum wage (applicable only to workers that qualify for the Fair Labor Standards Act) is $5.15/hour. If the worker doesn%26#039;t qualify, then don%26#039;t be surprised if the worker gets paid even less.



In Kansas, they have set their state minimum wage to $2.65/hour (with overtime at the 46 hour mark, not 40-hours as in most states), which applies to those workers that do not qualify under the federal Fair Labor Standards Act. And Kansas has a state minimum wage. Other states like Alabama don%26#039;t have any.



The federal standard for those workers that qualify for the Fair Labor Standards Act was set 10 years ago. Recently this past month, the 110th US Congress is proposing to raise it to $7.25/hour over a 26-month year period.



If Bush signs it today and becomes law, the first increase will occur in March 2007 at $5.85/hr. This would affect about 19 of the 50 states. Then bumps up to $6.55/hr in March of 2008 then finally $7.25/hr in March of 2009.



14 states today have their own standards that are already at $7/hr or greater with Washington having a $7.93/hr minimum wage. The federal standard wouldn%26#039;t have any impact on them when all the federal increases have been completed in two years.



Obviously, the federal standard has not caught up with inflation, which is why the Democratically-controlled Congress proposed this legislation. Taking into account inflation, the minimum wage has not been at its highest since the late 1960s. Since then, only mimimal amount of effort was made to have it keep up with inflation.



Those with their hidden agendas have %26quot;re-interpreted%26quot; the proposal as Democrats promoting unemployment while ignoring any Republicans that supported it.|||Wow....the lawyer was pretty pissy. However, I have read other think tanks......They don%26#039;t use numbers!!! I just don%26#039;t understand the Democrats on this argument either.



What makes it worse is that the original arguments for a minimum wage in 1938 did not make sense either.

Why will we never reach a zero% unemployment rate?

There are three kinds of unemployment: Frictional, cyclical, and structual.



Frictional unemployment are people quitting jobs, getting fired, moving, just graduating from school, reentering the workforce after having children, and so on. These people are unemployed only temporarily but still fit into the unemployment statistics.



Cyclical unemploymet is unemployment that occurs due to the business cycle. When there is a recession, there are people put out of work. The general economy is not experiencing this right now (outside of a few industries like home building and mortgage lenders). That is why we have a historicaly low unemployment rate right now.



Structual unemployment is when there is demand for labor, but the unemployed do not have the desired skils needed, or are just incompedident, lazy, or cant take any resposibility.



Assuming that there is not a recession going on, the cyclical unemployment does not exist, but there are always people who fit into the other two.



People change jobs all the time, for good or bad, and there is always a segment of the population that is lazy, incompedint, etc, and just cant hold down a job. These two reasons are why %26quot;full employment%26quot; is considered to be around 5% or so historically.



But what you have to keep in mind, is that a 5% unemployment rate does not mean 5% of the population can never find work. It includs the temporary people. The average time of unemployment is about 8 - 9 weeks right now.



Only about .5% - 1% of people fit whithin the long term structual enemployment who just cant get and hold onto jobs.



Why will we never reach a zero% unemployment rate?heart rate monitor





We are constantly adding to the work force with people leaving school or returning to work after a hiatus.



0% unemployment is not even a desirable goal. If we have that, there is no labor pool for expansion of existing businesses or for the opening of new ones.



Why will we never reach a zero% unemployment rate?

loan



I will bring an example to show that it%26#039;s impossible: one of the types of unemployment studied by economics is frictional unemployment, which counts those who are seeking a new (possibly better) job or changing it. Since workforce is not %26quot;binded%26quot; to workplace there will always be some people unemployed. Further, a lot of people can be considered economically active (i.e. be part of those who can work), but still be out of actual workforce due to certain reasons (students, unwillingness to work, etc.).|||Because the bible says there will always be the poor.|||There are different types of unemployment which are unavoidable such as



Frictional unemployment wen pple move from 1 job 2 another:



Seasonal Unemployment due to changing seasons%26amp; demand for labour depending on the nature of job;



Cyclical unemployment which is cozd by fluctuations in demand for labopur, depending on the economic upswings or recession, In addition to that the number of pple employed depends on the demand for labour by firms. Firms will not hire more labour than they need just to lower unemployment bcoz they are profit making units



then Structural unemployment cozd by the situation in which pples%26#039; skills do not match with the job requirement skills. This is also aggravated by a growing population rate which is larger than the GDP growth rate



.

What do I think of the Michigan unemployment rate?Why do you think so many people,are moving out of

Like myself,I am unemployed and seriously thinking of an out of state move real soon. Taxes are also being raised,and this is another reason,why so many people are moving out of state.It is awful,that people have no choice,but to put their home up for sale,and move on.Our Big 3 factories are in trouble,and then everyone else is too.



What do I think of the Michigan unemployment rate?Why do you think so many people,are moving out of state?credit card debt





I agree. My wife can%26#039;t find a job to save her life (medical records management). And, I can transfer with the company I%26#039;m with. We%26#039;re seriously considering leaving.



What do I think of the Michigan unemployment rate?Why do you think so many people,are moving out of state? loan



Blaim your governor for the tax hike. She is a democrat, a Liberal. She was not even born in the United States, but was in Canada. She can%26#039;t know what is best for Michigan. I%26#039;ll bet you a thousand dollars she doesn%26#039;t even buy her cars from Detroit! I%26#039;ll bet my last dime she buys them from Japan while she makes taxpayer%26#039;s pay for her Limo driver!|||All Governor Granholm needs to do is to continue to raise taxes until the people and business return. The more taxes you pay the more you want to live here, right?|||My wife, who has a master%26#039;s degree, a teaching certificate, and a paralegal certificate, has been looking for a job for over a year. I%26#039;m very fortunate because my job pays well enough for the two of us to keep our little ranch in Redford Township. My whole family is here, as is hers, so we%26#039;re not going to move. We%26#039;re the exception to the rule. I can%26#039;t see any reason for anyone to stay here with the economy as bad as it is, the Big Three about to go under for good (the only good thing about that is it%26#039;ll mean the end of the worst thing to ever happen to the auto industry -- the UAW) and a moron in the Governor%26#039;s mansion saying %26quot;We%26#039;re so sorry that so many people in Michigan are out of work and having such a tough time getting by, so to fix the problem we%26#039;re going to take away more of what we already know you don%26#039;t have and give it to a government that will be in no way held accountable for how that money is spent.%26quot;



Don%26#039;t blame me; I voted for Dick DeVos.|||We have a similar problem in Ohio, massive job losses, lousy economy. Most of college grads seem to permanently leave the state ((same for the past 2 decades).



There are macroeconomic changes under way that will devastate automotive %26amp; manufacturing. This harms OH, %26amp; MI even moreso. You can%26#039;t blame the governor/government for that.



However what is clearly required is some sort of plan to create jobs in our states and keep *good* jobs here. and to encourage the educated to stay here. Ohio%26#039;s gov has completely failed at that and I think MIchigan is the same.



I had a small biz for the past 11 years and recently stopped and went to work for a company headquartered in California. The laws in OH for small biz are horrible. I%26#039;ve been involved in several attempted Tech startups and no one in this part of the nation seems to understand ventuer capital. They will bankroll a service business or a retail, but there is absolutely no money for anything that will create good jobs. The one startup that did get off the ground was immediately moved to Arizona (a right to work state without the union and workerscomp problems) as soon as the initial design work was done and a customer secured.



People will have to get far angrier about the situation before anything will be done.|||Your right on the Unemployment, yet our government in the U.S. is allowing it to happen in more states also. We do not make it fair for manufacturing in the U.S. to make products by allowing more imports in with out the proper taxes to make it fair. yet if you look at the taxes foreign countries charge us to bring in our goods it charged way more than it should be. Our government is helping us to fail here in the U.S.|||michigan has a canadain socialist for its gov. she has taxed everything and every one to death. Peopel and jobs are leaving and moving to sane states with sane governments. She and bush should marry, hes ruining america and she,s ruining michigan

What city in Canada has the highest unemployment rate?

Iqaluit, Nunavut



What city in Canada has the highest unemployment rate?care credit





quebec ******



What city in Canada has the highest unemployment rate? loan



When did they get cities in Canada?|||Detroit|||all cities probably... b/c you dont have to have a job to have med. insurace!|||idk, try living in michigan|||I would say anywhere in Newfoundland. They all move else where to work because the province has nothing to offer. There are more newfies in Alberta than native Albertans in some towns.

How will increasing minimum wage help the unemployment rate?

It wont. Increasing the minimum wage makes small businesses have to employ fewer people because they can%26#039;t afford to pay more. It obviously helps people who are already working at minumum wage, but hurts people who are looking for jobs.



How will increasing minimum wage help the unemployment rate?inflation rate





No that will mean that employers will have a larger payroll expenditure and will be less likely to hire more people.



How will increasing minimum wage help the unemployment rate? loan



It won%26#039;t, the unemployment rate is unrelated to minimum wage, time and again it is nothing more than a shift in assets.|||it wont it will actually decrease the workforce if it raises pay|||I don%26#039;t think it will help the unemployment rate... On that note, I don%26#039;t think that it will really help the minimum wage workers.. Wages go up, cost of living goes up!



I have a great idea... It willnt help anything but, lets see the lovely elected officials of the Louisville Metro Government work for minimum wage. That would be a hoot! Better yet, lets go out to Prospect and tell them that they cant pay their maids/ nanny%26#039;s/ gardeners minimum wage anymore. Talk about a revolution!

How does immigration affect bordering states (TX) unemployment rate?

As a rule it%26#039;s going to increase Unemployment,or at a minimum force people into other professions since most cannot afford to work at the wages Illegals will take. After all it%26#039;s easy to undercut the other guy when you%26#039;re not sending the IRS their cut,as is the case with the vast majority of Illegals.



Others who are forced out of their jobs by Illegals undercutting them will also often go into business for themselves,as my brother did. So I suppose it helps some in the long run. As long as people aren%26#039;t stupid enough to believe that all this %26quot;cheap labor%26quot; is helping them,because it is not helping,and in the long run it isn%26#039;t cheap either.



Every community that gains a large Illegal Population inevitably sees declining schools,increasing taxes,ever increasing crime rates and overburdened social services. So in the long run all this %26quot;cheap labor%26quot; is actually rather expensive.



YTP



How does immigration affect bordering states (TX) unemployment rate?credit bureau





Illegal immigrants take jobs like roofing, construction and factory work away from American citizens. They wire most of their money back to Mexico and drive down wages. So yes they have a very detrimental effect.



How does immigration affect bordering states (TX) unemployment rate? loan



There are those who say only illegals will work certain jobs. Not so. There are any high schoolers and kids waiting to enroll in college who are legal citizens who apply for temporary jobs in the entertainment industry, restaurant industry, and I can remember when many yard crews were 17- 22 year old Anglo or black men. Illegals have driven wages down, so these legal kids can no longer find work. So... yes, it affects unemployment. Also, where the legal citizen spends his money here, the illegal sends it back home to Mexico.

How have either history or technology effected unemployment rate?

Technology makes it rise. Go to a ford plant and see all things that are being accomplished mechanically today. Years ago human beings where doing them.



Mechanization and the improvement of technology to become more robotic in manufacturing trades had cost jobs.



How have either history or technology effected unemployment rate?child tax credit





xcbv



How have either history or technology effected unemployment rate? loan



Look up the industrial revolution and this will tell you how both technology and history have effected unemployment.

Where can you go to find the unemployment rate for your state?

The Bureau of Labor Statistics



http://www.bls.gov/web/laumstrk.htm



Where can you go to find the unemployment rate for your state?mortgage lenders





try googling unemployment and the name of your state. It should give you the right site.

When GDP rises it seems that the unemployment rate falls...why is that?

A rise in GDP is simply a measure of the real increase in production of goods and services. There are two basic components to increasing production: 1) having more workers to produce things 2) having better productivity among the existing workforce.



It%26#039;s possible that productivity growth alone will enable a certain amount of rise in GDP without hiring more workers, but as a general rule more jobs are in fact created when GDP is growing. Down at the level of any business, to increase production when demand calls for it, you might buy new equipment or pay existing workers overtime to increase your productivity -- but often it is just cheaper and easier, or otherwise necessary, to hire more humans.



When GDP rises it seems that the unemployment rate falls...why is that?unemployment rate





When the GDP rises so does the need for workers. The more goods and services the public requires the more people it takes to see that these needs are met.

What groups are included in the official unemployment rate?

Basically, anyone who is looking for a job but does not have one. That%26#039;s the definition of unemployment. So for example, stay at home mothers are not part of the unemployment rate since they are not in the job market looking for a job.

What's the worst thing about the rising unemployment rate?

This F#@!iN%26#039; Economy



A: Its harder to screw your girlfriend when her husband%26#039;s always home.



What%26#039;s the worst thing about the rising unemployment rate?





the people who do not pay taxes and make money



What%26#039;s the worst thing about the rising unemployment rate? loan



Bush will attack another country under false pretences|||we have to deal with more hobos in america|||my friends always wanting to borrow money.

How would you decrease the near 70 percent unemployment rate amongst disabled Americans?

I would give them jobs that aren%26#039;t so difficult that is able to be done by the disabled



How would you decrease the near 70 percent unemployment rate amongst disabled Americans?





Expand opportunities for part-time employment with benefits, telecommuting, part-time telecommute/part-time in office, to learn how to use computers that use adaptive equipment, and micro-enterprise loan funds so people can start up business that are small.



The main issues is not difficulty of the job itself - it is commuting difficulties, health benefits, and inability to work full-time.



How would you decrease the near 70 percent unemployment rate amongst disabled Americans?

loan



I agree with Chiliswoman. Also, I would change the Soc. Sec. rules on working so that the disabled can keep their health benefits and not have to lose $1. in benefits for every $2. earned. My brother got a job, yet with the cut in his disability pay, he earns just enough to be able to buy himself lunch, carfare for work, and to skimp out a few packs of cigarettes a week. He%26#039;s basically working so that he isn%26#039;t as bored- the material benefits of working are very small.|||I agree with Chillswoman and That Girl. I would also make changes to the Vocational Rehabilitation program. They are not helping the disabled get jobs like they should. I have talked to several professional people who have told me that there are major problems with that program I have also tried to get a job through them.|||Well, a first step is being proposed now-the %26quot;Americanswith Disabilities Restoration Act%26quot; that seeks to put some teeth back in the ADA. At this point,it has been so watered down by 12 years o fneoconservatives in Congress its not worth the paper its printedon. Sothat%26#039;s a beginning.



There are three important steps that need to be taken. One is to reform tehe teaching of children with disabilities. They are not being served adequately--and without adequate education, they have little chance of working



The second isto restore job training and placement programs (over 100 have been cut by the Bush administration).



But the biggest thing that is needed is to change the public perception of people with disabilities. We continue to see ourselves portrayed as helpless and unproductive. If a woman or black person were presented the way disabled children are , say on the %26quot;Muscular Dystrophy Telethon,%26quot; the outcry would rattle every windo in the country. But such derogatory and stereotyped images and attitudes are still applauded in America. That needs to change. Things like tehe MD telethon belong inthe same category as a cross-burning by the KKK--a disgusting example of bigotry and prejudice.|||In my mind there are four categories of disabled people. Those who want to work, those who can work, those who can%26#039;t work, and those who don%26#039;t want to work. Those who don%26#039;t want to work do that for a purpose. Those who can%26#039;t work (well that%26#039;s understandable). Those who want to work can work state, county and city jobs more easily than any other jobs, they can have MLM%26#039;s, and they can work on the net, can do warehouse jobs or be baggers, or work behind the scenes in business, or even work among the public, but it depends on what they %26quot;can%26quot; do, so first they need to be tested to find that out. Vocational Rehabilitation is the place to go to get that checked out. ....ok, then there are those who %26quot;can%26quot; work and are hesitant to work, so they will need to be trained or retrained and Voc Rehab does that too. A lot of people don%26#039;t work certainly because they don%26#039;t have the transportation or they need equipment (which not all employers can supply however they can accommodate). It is harder for a disabled person to get things done so the jobs have to be, (in my mind) more rote...like we here have the Assn for the Blind whose disabled people make large clocks, so we know disabled people can accomplish tasks and can work in industry. The problem is that a lot of our industry went overseas so it%26#039;s not just disabled people who are out of work. Those people who are in really tough situations can maybe do art for thank you or greeting cards, or cartoons, or for automated dialing on the phone they can plug in a recorded message to remind people to do something (like even for the elections to vote, or to call a number if a person needs a ride). Or they can duplicate videos or cd%26#039;s for a company who made the original. These days disabled people who can still multitask can have websites, and now with 2008 being better for exporting they will have more of a chance to own their own business. I%26#039;ve heard of places out there that would lend money for small ventures (do an internet search for that). There are lots of ideas and jobs that are now available...but a lot of time there is difficulty connecting people to the jobs that are available...so there needs to be researchers who do that and people who connect them to the jobs plus get the proper transportation, etc. And Voc Rehab is one of the groups that does that. In fact they are constantly searching among large companies to locate jobs for their clients.|||MOney to help us start businesses.|||There is a terrible fear of losing your social security and medicaid/medicare benefit if you work part time. SSI docks you for every $2 you make (and that first $65 is free is a joke - food stamps cuts you right away!) So if you have a part time minimum wage job, you are down to $3.50 an hour right off the bat because of the SSI docking you, but it costs money to get to your job, you are still disabled, so you are tired and maybe have to eat more convenience meals which cost more, need more nice clothes, etc. NOT WORTH IT!



I have severe mental illness. What I am doing is sewing doll clothes to sell at craft shows. If I%26#039;m too sick to go to the show, I get a sister to do it for me. I sell on Ebay a little bit too. I still only make $3.50 an hour, though. But I can work when I am a bit less depressed, and I feel less useless because I am contributing something to society.



I think it is cheaper for the government to pay someone to sit at home than it is to provide supportive work for many disabilities.|||eSight.org has a some wonderful articles on debunking the myths on disabilities such as disabled people take more time off , they don%26#039;t . Disabled people cost you more , they don%26#039;t and they usually know where to get their adaptive devices either paid for or for free.



Another myth is because I can%26#039;t imagine a disabled person doing any job , doesn%26#039;t mean they can%26#039;t . Attitude against disabled people being able to function in society independently and just like everyone else is the biggest obstacle disabled persons face.



Oh and despite eSight%26#039;s emphasis on blind and visually impaired people , it is a cross disability site, as all the nformation applies to other types of disabilities as well.|||Dramatically change the %26#039;payback%26#039; rate for %26#039;working%26#039;. The existing rate makes it %26#039;not worth it%26#039; economically to %26#039;nickel and dime%26#039; your way up for most USA people on disability. My case, I am too educated for many (employment) jobs. I would almost %26#039;have to%26#039; run my own company.|||1. Educate business about the tax credit for hiring and employing disable people.



2. Better transportation and more awareness of that provided service.



3. Free business and economic lesson, helping disabled people to learn about opening their own business and learn to use money toward ecomomic like investment. Introduce disabled people to the Social Security%26#039;s SGA status benefit.



4. Better security in protecting against theft of disabled people%26#039;s money.



5. Annual reporting to the medical examiner for any changes in medical condition and blood testing for drug abuse. Void all disabled people%26#039;s benefit from Social Security dues to drug traces. (California is notorious for paying benefit to drug addict)



6. Stop supporting illegal immigrant with benefit and start giving the US citizen and registered green card their job back. We are in recession and we can%26#039;t afford to have illegal immigrant in our country especially the unemployement rate that is sky high. We need college graduate to graduates not having them to wait until 23 years old for Financial Aids because job are hiring illegally.|||put in symtems that encouage employers to employ people with disability.



In Australia alot of people work on supported wage.



understanding of different disability would help to. reduces disability payments when working but don%26#039;t disavanage them for doing so.|||Increase the number of self-employed disabled Americans. There are opportunities out there that are in your %26#039;blind spot%26#039; because all you think about is getting a job. At 70% unemployment, obviously there is a huge problem. In spite of your credentials, your education, and your skills, it%26#039;s still a deliberate problem and you probably know better than I do how many years this problem has existed. So I challenge you to look at network marketing carefully, I repeat, carefully because it does not discriminate and it gives you a much greater income opportunity. But look carefully! Network Marketing is not %26#039;easy.%26#039; It takes effort, belief, and goal setting. But if you crave your independence, then you must consider network marketing and all its possibilities. Jobs are becoming more and more scarce for everyone. Over 40,000 Americans join a network marketing company every week! Network marketing opportunity is my %26#039;Plan B.%26#039; Why, because I have been downsized three times since 911. Disabled Americans should band together and seize the power of a very people friendly network marketing opportunity. Take control of your own lives as much as possible and not wait for government to make %26#039;concessions%26#039; or pass special legislation for you. My name is Wade and I call myself The Health Whisperer. A job can hurt you in far more painful ways than network marketing can. In network marketing, you either succeed or you don%26#039;t, but the outcome depends almost entirely on YOU. Why is that a blessing? Do this. Go to www.thehealthwhisperer.org and perhaps you%26#039;ll be able to tell me. Also listen to a recorded conference call (712) 432-3974 and enter 123455#. I hope that this helps open your thinking a little. Disabled Americans should create a %26#039;tipping point%26#039; that will cause a wave of momentum for disabled people worldwide. So how strong and determined are you? Your collective potential is absolutely ENORMOUS. So let%26#039;s see if someone gets my vision and sees the advantages of network marketing like I do. All my respect, The Health Whisperer.

What can the government do to improve the unemployment rate?

Go back to the consumer driven economics of the Clinton era. It seemed to work a lot better then the supply side economics of the Bush term in office. How on earth he can say that the economy is strong is beyond me. Just another Repuglican lie from the most corrupt leader in the world.



What can the government do to improve the unemployment rate?





Kick out illegals.



What can the government do to improve the unemployment rate? loan



Waste a bunch of taxpayer money by having more public works projects...that%26#039;s how Roosevelt did it during the Depression....like the TVA for instance.|||create more wars|||provide incentives to employers (especially small business)



provide skill based training for the unemployed



provide incentives and support for new enterprises|||Bush can change the rules on the way %26#039;unemployment%26#039; is tracked. Like he did when he took office. He doesn%26#039;t count certain groups of unemployed people. So unemployment dropped dramaticly.



Also, the count is taken from the list of people getting unemployment insurance. When they have used up all their insurance and still aren%26#039;t employed, they aren%26#039;t counted anymore.



So actually there are a much larger number now than what the stats say.



Bringing more manufacturing back to this country would be a good start. Make education cheaper. Fund schools better.|||Send the illegals home

Hey clinton bashers, did you know that the unemployment rate fell from 7% to 5% under clinton?

clinton cleaned up the economic mess that bush sr. and regan left us.



Hey clinton bashers, did you know that the unemployment rate fell from 7% to 5% under clinton?





Do you really think Clinton did that?



Hey clinton bashers, did you know that the unemployment rate fell from 7% to 5% under clinton? loan



And now it%26#039;s around 4.5% with record job growth.



Stick that in your cigar and give it to Monica.|||And how is that attributable to Clinton?|||Hey, did you know that clinton was fortunate enough to ride the tech boom? that means more jobs. He had nothing to do with economic or job growth. he was just a lucky guy in the right place at the right time.|||you a clint banger|||Yeah and to reward himself he got a *******\



Now Bush is cleaning up the security mess that clinton left us.|||Economic mess? Reagan inherited a far worse mess. And the 90s economy boom was mostly dot-com driven. We all know how that turned out. And don%26#039;t forget all the accounting scandals that came to light in 2000.|||Stop living in the past.|||Definitely - even school girls had good jobs as interns....|||Didn%26#039;t take Economics in college, did you?



Not to bash one president, or defend another, but exactly how much control do you think any president has over the economy?|||It may be better job growth but those jobs are not near as high paying as they were during the Clinton years. Good paying jobs are very hard to come by these days. And not many of us have much money. Alot of older americans are having to choose between their medicine %26amp; their rent or house payment or just the regular bills...which to pay for? And some of us younger people are struggling too. And this country has never been more divided than we are right now. And Bush has run up the defecit to an outrageous amount that may never be able to be paid back...all after Clinton got the deficit down to record low amounts. Not to mention what Bush is doing to our environment. Don%26#039;t get me started on all of this..makes me too mad.|||And currently it is around 4.6 % - So your point is that higher taxes creates a higher unemployment rate, right?!



Clinton did a fine job of riding the dot com reveunues and slashing the military and intelligence agencies budgets for only 3000+ lives on 911. Nice job slick willy.



Balanced budget = no security %26amp; 3000+ innocent lives killed!|||Here%26#039;s real numbers:



In 1996, under Clinton, unemployment reached 4.2% - the lowest since the Kennedy administration.



If you%26#039;d like to see how economic conditions were under presidents since WWII I strongly recommend this great article from Forbes Magazine (not a %26quot;liberal%26quot; source at all).



Even this business-centered magazine is willing to admit that the economy was the best it%26#039;s been under Clinton.



And the current unemployment rate is 4.6% (good, but it%26#039;s not better than Clinton). And while there is job growth, it at an annualized average of .4% - the slowest job growth during any economic recovery in history.

Why do most economists believe that a low unemployment rate will lead to higher inflation?

it is because when there is no umemployment, everyone has a job, everyone is happy, everyone has money. one way to inflation is when the firms can%26#039;t find new employees and have to take and %26#039;Steal%26#039; other employees from other firms; which is done by offering a higher salary. as this happens many times, people will make more money. so the cost of production can rise for each firm, so they have to increase revenue, and other firms see this increase in salary and revenue, and raise ther own prices. this chain of events can keep happening for a long time. which will lead to massive inflation.



other way of inflation in case of total employment, is when firms see that everyone is making enough money to live happy. and the products of firms can become inelastic as everyone can afford it. so they raise their prices to make more profit, which will cause another chain of events which will also result to a massive inflation.



so in conclusion, all the developed countries, are trying to keep the unemployment rate at between 2% and 3% in the economy. which is not too low but just perfect.



Why do most economists believe that a low unemployment rate will lead to higher inflation?





When the unemployment rate is very low the marginal propensity of consumers to consume is relatively high. Which means that the amount of money in circulation is relatively bigger compared with the amount being saved and thus being in the banks than when there is a higher unemployment rate.



I.e. means that everybody is taking out of his account more money at the same time, which means, that the banks are left with less cash. The same time people want to take on new credits in order to satisfy their wish for consumption.



The Fed tells the banks how much M1 or gold they need to have in reserve with them for every 1000$ they lend to someone, this is called the reserve rate. If the reserve rate were 10% the bank would need to have 100$ deposited with the fed for every 1000$ they lend, (less the money customers have deposited in their bank). So when the demand for credits goes up the commercial banks pressure the Fed to lower the reserve rate, which means they can give out more money in credits. The same time this means that the total amount of money in circulation goes up, while the amount of gold that is deposited as a reserve doesn%26#039;t grow. Basically a dollar note is a paper that declares that you have a single unit share in the countries gold reserves.



So if there was a small country that owned only on kilo of gold and there were 5000 1$note in circulation. Every 1$note would represent 0.2 mg of gold. If the country would now double the number of dollar notes issued each 1$note would be worth 50% less (by reducing the reserve rate) or represent only 0.1mg of gold.



So in order to provide the banks and the people with more money which they are willing to spend, as they feel save because they all have a job, and the economy is doing fine the Fed lowers the reserve rate which results in an inflation.



So inflation is actually not something that just happens but which is controled by the Fed.



Why do most economists believe that a low unemployment rate will lead to higher inflation?

loan



Everything in economics comes down to supply and demand, and when demand is high and supply is tight, prices go up. A low unemployment rate suggests that the economy is running full-out trying to keep up with demand, and that labor and other resources are stretched to the limit.



When the unemployment rate is really low (say 4.5%), it is assumed that employers are having a hard time competing with each other to hire and retain the available labor, and that they%26#039;ll have to resort to raising wages to get and keep people.



That alone doesn%26#039;t equal inflation -- it may just mean businesses will suffer lower profits. But in such a scenario, it%26#039;s likely that most other goods and services are also in tight supply. There%26#039;s huge demand for raw materials, for electronic components, for consumer products, etc. People buying things are also competing with one another just as employers do for hiring. The result may be that everyone, seeing this supply-demand situation, finds they can raise prices on their own products a bit. And THAT equals general inflation.



The low unemployment rate may just be more of an indicator of this kind of tight supply...or it could in time be the cause, as full employment leads to more people spending more money for things.|||In Keynesian economics, when there is an increase in aggregate demand, two things can happen: (1) either more resources are being utilized to produce more to meet the increase in aggregate demand - in other words, more labor is being employed, more raw materials are being used, and more of the economy%26#039;s productive capacity is being employed, or (2) when the economy can expand no further, prices begin to rise to meet the increase aggregate demand. When the unemployment rate is low, it is a sign that the country is operating at or near full-employment and most if not all the country%26#039;s productive resources and capacity are stretched to the limit. The only thing that can happen when this limit is reached is inflation.|||Because historically, this is what tends to happen...|||Low unemployment causes wages to rise and so increases demand and therefore prices if production does not keep pace. That the fed has suppressed wage growth for the last 30 years out of fear of inflation is partly responsible for the growing income inequality in the US. Economist assume that the rich will save extra income but working people will spend any increases so large wage increases to the super rich is not an inflation problem. Given that the savings rate has declined during this period their assumption appears incorrect. The US experience in the 50%26#039;s and 60%26#039;s which had low inflation, low unemployment, rapid wage growth, and high savings rates indicate that perhaps economist are wrong.

What should the Federal reserve do if the unemployment rate is getting high?

The usual: Dump money into the system and lower interest rates!



Drinking salt water might seem to quench the parched gullet, but the mariner knows it%26#039;s a fool%26#039;s drink, ending in death from thirst!



What should the Federal reserve do if the unemployment rate is getting high?





Increase the money supply. In theory, some theory suggest not, but, whatever, increasing the money supply increases the demand for normal goods, and thus, results in more hiring. More hiring means lower unemployment.



What should the Federal reserve do if the unemployment rate is getting high? loan



Start hiring more people?|||A Method to Address Economic Recession,



Remove Poverty, Terrorism, Improve Law and Order,



Reduce Drug Abuse, Inflation



And Taxes in an Interest Based Economy.



By Dr. Niaz Ahmed Khan



?Bedar Pakistan, www.bedarpakistan.com.pk



Abstract



I have developed a new financial instrument which will be much more valuable than the bonds or the treasury bills government sells in the open market to raise much needed funds to run the country .These are all interest based instruments and can only be used by institutions. The instrument I am proposing is without interest and will be used by every body to purchased goods and services in the government and private sector resulting in up to 60% discounts .This is why these will be massively bought up front in massive amounts in the shortest period of time of one month to run the country for at a year and much more by the end of the year.



Introduction



The world is facing many challenges with no solution in sight.



The main cause of all these ills is the POVERTY.



1. Issue bonds which can be used by everybody rich or poor and and are not debt TO THE STATE so there is no question of interest.



How: I take the example of USA which is under the threat of great recession.



USA borrows money by selling treasury bills and the interest based bonds. The suggestion is to sell these bonds on non interest basis



EXAMPLE: One dollar buys 5 bonds on the condition that the amount should be $100000 or multiple of it. Fewer amounts will have rate of four and three. This discount period is only for one month at the start of the implementation of this system. In the second month the rate will be 4 in the next month. The rate of 3 will apply to subsequent months for the same amount



WHERE THESE BONDS WILL BE USED? 1. All state controlled services and commodities. EXAMPLE: A bill of (any service or Commodity) $100 can be paid with 200 bonds and there will be no exception to this rule .A NET DISCOUNT OF 60 %.



A simple formula will apply: Total bill in dollars x2 is the number of bonds surrendered. Price in bonds will not be less than the cost price but without the direct indirect taxes and the duties which are added to the present to make it very expensive.



It will attract at least 150 million people to take this opportunity as early as possible. And if one is sure of making 100% profit within 30 days there will be many more that will help themselves.



RESULT - Government gets at least $15 trillion within a very short period of time of few days and much more in the rest of the year .THIS IS NOT A LONE AS STATE HAS SOLD BONDS( Commodity) WHICH IS AN ALTERNATE CURRENCY AND DO NOT CARRY ANY INTEREST. One immediately thinks that who will bear the loss and this big loss to the state is not more than total year budget of $12 trillion which it collects in one year with all the taxes and the duties but the bond price is simply a cost price without any kind of tax or duty



WHO WILL SELL THESE BONDS? State will float tenders to will select a private agency (USMF) UNITED STATES MONITORY FUND JUST A NAME GIVEN TO THIS ORGANIZATION with the lowest bid WHERE AS second third and forth bidders will be auditors of USMF . This agency will employ at least 20 million unemployed on 10% commission basis and without any salary. These agents will have to pay $500 as an annual fee to USMF in order to build the infrastructure for the sale of bonds. Agents quota Will be $300000 per month or they will be allowed to sell their whole year quota in one day or in a month, This will only materialize if the agent shares his commission with the would be buyer. Greater the share of commission quicker the sale. This investor or a buyer will sell these bonds at the same rate of 5 per dollar and his bonds will sell like hot cakes every day as there is no condition of the amount of money to purchase any amount of bonds. In this way even the poorest person will get the same rate as the investor except for the commission which he takes from the agent who makes almost 100% profit by only investing $100000 .He will sell these bonds repeatedly and will keep at least 6% profit every day till the demand lasts. NOW THINK HOW MUCH STATE HAS ACCUMULATED Much more than few years budget in matter of only one month.



FLOOD GATES OF MONEY AND TURNING POINT.



This is only the first flood gate of money and there are seven of these yet to open so at the end of 30 days or even much earlier the government declares tax free country for ever. With the removal of all kinds of direct and indirect taxes and duties the price of oil electricity telephone and of all types on other items under government control is almost 60% less than before as these are being purchased by bonds (which is the cost price) and not with dollars. The production cost of every thing has come down tremendously.



SECOND OPTION



State also offers one million duty free if one deposits $100000 non refundable .This brings out all the black and spare money which state WAS NOT ABLE TO GET BEFORE AND AS THERE IS NO TAX AND HENCE NO TAX EVASION SO ALL THE MONEY IS WHITE AS IT IS BEING GIVEN TO GOVERNMENT .



This was the second flood gate of money which is even bigger than the first one and the exact amount is impossible to asses unless the system is implemented.



In order to provide cheep bonds through out the year government offers three types of registration fees.



1. Pay $100000 in the start of the year and get the rate of 5 for the rest of the year and this will suit the professional鈥檚 and salaried person鈥?/p>

2. pay $10000 yearly and get 20000 new bonds at the rate 5 every month but one has to collect 10000 bonds( equal to fee) to get this cheap rate through out the year. Higher the registration fee more the entitlement of cheep bonds. This registration will suit any small time business who will sell his product cheaper provided 15% bonds are also paid with rest of cash money by the customer SEE THE NEXT REGISTRATION FOR FARTHER EXPLANATION 15 %BONDS .This will apply to all goods in private sector and does not apply to the government sector. This is a big incentive to accept bonds in the private sector as the business accepting more bonds will have more business than the trader not accepting the bonds so the bonds market will multiply and there will be a constant need for bonds in the open market.



3. Third type of registration will be of $100000 which will entitle the business to sell its products through USMF. The value of merchandise sold through this source will help the business to get the 5 bond per dollar rate equal to the amount sold or opt for the duty free option equal the amount sold. But with one condition of surrendering 15% bonds at each sale in dollars



EXAMPLE; MERCHANDISED SOLD THROUGH USMF $1000. BONDS SURRENDERED 150 ARE DEPOSITED IN STATE ACCOUNT TO BE SOLD AGAIN SO THE CYCLE OF BONDS IS ESTABLISHED .A receipt of bonds surrendered is obtained from USMF for evidence of sale of merchandise and this receipt will entitle the traders to get cheep bonds or the duty free option through out the year BUT THE SAME RECEIPT CAN BE USED ONCE ONLY.



WHAT IS THE BENEFIT TO BUSINESS .1? CHEEP BONDS THROUGH OUT THE YEAR



2 .DUTY FREE OPTION WILL HELP INDUSTRY.



3. The quota which can be sold is ten times the amount of Registration but not more unless the registration fee is increased. Now all the business will opt for this registration in order to reduce the cost of production. These 15% bonds the business will get back through a chain of dealers sub dealers and ultimately the customer will pay this bond portion as he will get the end product very cheep because of tremendous cut in the cost of production by the factors already mentioned. This will replace the GST or the VAT or the two price system seen all over USA. Almost every body will sell their product through this channel as it will be much costlier to sell the product out side this system as cheap bonds are not available otherwise.



According to rough estimate at least $1000 trillion transactions are carried out every day in US and at each transaction 15% bonds are being surrendered, the price 15 bonds is $3 .So 3% of 1000 trillion will be $30 trillion which goes into government account without any compulsion every day (UNBELIEVABLE) this is the third flood gate of money AND IS CALLED THE GOLD MINE



4 Now the state is sitting in the driving seat and all the money in banks of private sector have transferred into government account and banks are no more the lenders but are borrower from the state which is the only source left and will invest in business with sound feasibility study checked by the state bank. The state will offer to invest 80% and the bank will bring investor who is willing to pool rest 20%. This 20 % will be deposited in the bank and the bank will oversee the running the business, running expenses will be given to the investor from its share of 20%. There will be no collateral and share of the profit and loss will be shared in the ratio of 60 and 40. The bank will share the 60% with the investor and 40 % will go to state funds and the state will provide every thing under its control below cost which will farther reduce the cost of production and at the same time will MARKEDLY improve the profit margins OF ALL THE BUSINESSES. No major business can refuse this offer. Any bank showing repeated loss will go out of business as there will be no more funds available from the government source and all other interest based sources are not available any more. Interest based banking is gone for ever or it may be at a very small scale and the state will not offer loans on interest as these are not any more profitable and risk free as there is no collateral . The amount of profit government will share will be unimaginable and this is the 5Th flood gate opened



THEN WHY NOT INVEST ON PROFIT AND LOSS SHARING BAS

Can anyone predict what would happen to the unemployment rate if all of the Military personnel who a

deployed worldwide were suddenly returned to the USA?



Can anyone predict what would happen to the unemployment rate if all of the Military personnel who are?





the unemployment rate would likely decrease as the retail and service sectors that cater to the populations would be revitalized. That is assuming the military personnel themselves remain employed by the DOD.



Of course they could stay in the military if they want to. And the majority (except the reserves) would want to.



Can anyone predict what would happen to the unemployment rate if all of the Military personnel who are?

loan



Thanks for the best answer, but I still believe they wouldn%26#039;t %26quot;opt out%26quot; unless they had another job lined up. Report It

|||They would still be employed, just restationed. So, nothing would happen to the unemployment rate. They sign for a stated amount of time. Until they stints are up, they do not have the option of just quitting. So no, they can%26#039;t just say%26quot; Ok, tour is over, home now, I quit%26quot;. And the influx of 1 or 2 hundred thousand in local economies across the country would get a very slight bump, but nothing substancial.|||Just because they come home doesn%26#039;t mean they still aren%26#039;t in the military.|||Unemployment rates won%26#039;t matter when Al Quaeda strikes ....|||Well regular military would still be employed, so no effect there. Reservists and national guard troops who are deployed, by law have be either given their old jobs back or a similar one. This would create some displacemen though, so it could put a little upward pressure on the unemployment rate. But deployed reservists and national guard troops are a very small percent of the total labor force, so the effect will likely be negligable.|||I thought they just got a leave from their jobs to fight for our wonderful country.|||Would probably go up.



If the MIlitary cut all it%26#039;s bases, that would mean that military funding was decreased.



Dont%26#039; think the government would be stupid enough to slash the budget this dramatically with out first being certain that there are enough jobs being created for them to fill.|||jurydoc is probably correct. If the half-million plus people who are overseas returned to the US, they would all need a place to live and food to eat, want to see movies and drive cars, and generally spend their money on consumer goods here in the US instead of foreign countries.|||Absolutely minimum impact for of those people already have a job line up. Hell we can some qualify skill personnel in all field. we hurt right now in must of the fields as far finding qualify people.|||Not a blip.



To begin with, the numbers aren%26#039;t that many. There are about 120K in Germany, 170K in the Middle East, about 35K in Korea. Throw another 100K scattered around and the numbers really aren%26#039;t that high.



But even with those limited numbers, most are active duty military who would still be in the military when they returned. Those not on active duty already had jobs when they left. Most of those are coming back to those jobs and those that, for some reason aren%26#039;t, are far better qualified to look for a job than most.|||Not every person in the military intends to be career military. They%26#039;ve got to come home sometime.



And there ARE actually military jobs here on U.S. soil, believe it or not. They aren%26#039;t suddenly unemployed simply because they%26#039;re not engaged in active combat.



Or are you suggesting we should keep them in the line of fire purely to be able to say our unemployment rate is %26quot;low%26quot;?



I%26#039;d say our unemployment rate is far more aggressively affected by the outsourcing of jobs to India than it would be by returning our military men and women to the U.S.

Why aren't liberals talking about how the unemployment rate has decreases by more than half in

Here%26#039;s the true stats back to 1999(Clinton):



2004 qII , 5.5%



2004 qI , 6.1%



2003 qIV , 5.533%



2003 qIII , 6.033%



2003 qII , 6.033%



2003 qI , 6.367%



2002 qIV , 5.533%



2002 qIII , 5.667%



2002 qII , 5.733%



2002 qI , 6.167%



2001 qIV , 5.233%



2001 qIII , 4.767%



2001 qII , 4.333%



2001 qI , 4.6%



2000 qIV , 3.667%



2000 qIII , 4.033%



2000 qII , 3.867%



2000 qI , 4.4%



1999 qIV , 3.767%



1999 qIII , 4.267%



1999 qII , 4.2%



1999 qI , 4.633%



I, personally, see an upward trend, not downward.



Another interesting stat to look at is US median income (in 2005 dollars):



2005 $47,716



2004 47,490



2003 47,772



2002 47,806



2001 48,073



2000 49,061



1999 49,067



So, not only are more people unemployed, those that are working have lower wages and less buying power.



Sorry to burst the bubble you%26#039;re living in...



Why aren%26#039;t liberals talking about how the unemployment rate has decreases by more than half in the last quarte





I Don%26#039;t think they are going to make our case for us. Just remember that this nation is still great despite the griping by the Libs. By November of 08 America will be so sick of hearing the belly aching we%26#039;ll be ready for another Republican President. I wonder which excuse they will use then? Probably we are racist or anti feminist or maybe homophobic. ( Sorry for the reference to Ann Coulter) I couldn%26#039;t resist.



Boy. look at the angry people who responded to this and isn%26#039;t it interesting that they spout all these figures without reference to a source. One of them makes up something and they all jump on it like it was fact. Don%26#039;t you love it when they get so mad that they can%26#039;t think straight?



Why aren%26#039;t liberals talking about how the unemployment rate has decreases by more than half in the last quarte

loan



Economy was ramming ahead under Clinton and Gore, you%26#039;re right!|||Because they know that bush and his cronies are pathological liars!



you FINALLY got a job?!!!|||Congratulations.....the unemeployment rate has gone down while the whole rest of the country has gone to sh*t.|||Because gas prices are going up again.|||should we thank Bush? or Walmart?|||Why aren%26#039;t you talking about how countries in the Mid east are changing their trading money from U.S petro dollars to Euros? And, why aren%26#039;t you talking about the giant deficit and debt that Bush is racking up? And, why aren%26#039;t you talking about if this trading in Euros instead of dollars continues that the value of our dollar is going to shrink dramatically, meaning that people will have to have 2 or three full time jobs just to make ends meet. why don%26#039;t you mention that California is paying over $3.00 a gallon in gasoline the rest of the states are next. All the while the oil industry is taking in billions in subsidies (our tax money) that Bush gave the same oil industry. And, these same oil corporations are making billions in record profits while you and I are paying for the same tank of gasoline twice because of these subsidies. Oil per barrel is only $60 to $62. That means even more profits along with our tax dollar give aways.



You quote some pie in the sky numbers about unemployment without looking at the entire economic indicators that contribute to a healthy economy and you expect us to buy it. Get real.|||Again, this statement could only have come from Fox News. I did not note that the unemployment rate went down to 2.3%, which would be the lowest in the recorded history of Western civilization. Thanks for bringing this to my attention Mr. Hannity.|||Feel free to provide sources. At any rate, even if that%26#039;s true, which I find hard to believe, most people, regardless of their political views, would agree with me that the war in Iraq is a much higher priority right now. And there aren%26#039;t too many of you left who claim that%26#039;s going well. (Cheney%26#039;s embarrassing attempts to describe Britain%26#039;s planned withdrawal as a sign that they *are* going well notwithstanding...)|||More than half??? That would mean a drop of from 6% to 3%. Didn%26#039;t hear about that happening. The change is usually around half a percent. Significant difference. As for the liberals talking about it, it%26#039;s all mathematics. When a person is no longer eligible for unemployment coverage then they are employed, whether they have a job or not. There are only 2 categories so all those people with no job and no unemployment coverage must be employed which causes the rate to fall if no new unemployed were added.|||So What.....



It is still higher than when Clinton left office. What are you bragging about????



http://www.economagic.com/em-cgi/data.ex...|||well, maybe you don%26#039;t know this but once a person%26#039;s unemployment benefits run out they%26#039;re no longer counted among the unemployed. also tho service industry jobs like cashier and restaurant work, fast food and maid service has remained steady, higher paying jobs like computer specialists and factory jobs have been shipped overseas. the under employed aren%26#039;t counted either. the numbers are rosier than reality.|||Because they don%26#039;t want to give Bush credit for doing anything good. If it%26#039;s good they give credit to someone else but if it%26#039;s bad they always blame Bush.|||Because it%26#039;s not true. And, those jobs that have been taken are, for the most part, minimum wage jobs.... Don%26#039;t believe everything you hear on Faux news....or the loud-mouthed talk radio jerks.|||Don%26#039;t know - every shred of data on the subject refutes every class warfare argument. The Census Bureau reports that most of the job growth is in the %26quot;service sector%26quot; which includes all white collar professions, and 80% of the growth of the service sector is in technology and healthcare with much of the rest coming in finance, law and other professions servicing the technology and healthcare industries, and they tell us %26quot;service sector%26quot; means food service sector and that %26quot;all the new jobs are McJobs.%26quot; That%26#039;s flat-out lie.



The Liberals take a Census Bureau report that says that the middle class has declined in size in proportion to the US as a whole in the last twenty five years and they report a %26quot;decline of the middle class%26quot; - saying that the average income of the middle class is declining or insinuating that at least as many households are moving down as are moving up, when the same Census Bureau data set that showed them the middle class had declined in proportion to the whole also showed that 92% of the households leaving the middle class had moved UP.



They have an agenda, and they are willing to lie to support that agenda.|||Marko! You know why? That would be giving, Our President the Kudos that he so rightfully deserves!! Tax Cuts work. And they won%26#039;t anything to do with believing that sort of %26quot;Right-Wing Trash%26quot;. Good Stuff. Here%26#039;s a Star to prove it.|||They don%26#039;t want to talk about the truth. Only lies.|||Because that would be a positive, and they only deal in the negative!

What is the age group with the highest unemployment rate?

20%26#039;s probably



What is the age group with the highest unemployment rate?





Probably infants. Those lazy bastards.



What is the age group with the highest unemployment rate? loan



seniors? as in old people|||people under 18?



also older people in there 50-60s|||drop out students|||Zero to age 6.|||I would have to go with infants as well|||deceased or baby%26#039;s they don%26#039;t do nothin%26#039; !|||Ages 1-15|||teens, lazy no counts|||60 and above

Are liberals going to blame Bush since the unemployment rate?

is now lower since Bush took office than it was during the artificial market boom under Clinton?



Are liberals going to blame Bush since the unemployment rate?





Lib%26#039;s always blame Bush %26amp; God But this they will try to take credit for that%26#039;s for certian



Are liberals going to blame Bush since the unemployment rate? loan



of course not they will claim cresit since they are the majority in congress now|||And more blacks own their homes than ever.



That will make Dems mad.|||No, those few liberals who rabidly hate Bush will just segue into the McJobs canard, or they%26#039;ll change the subject to My Pet Goat or some other B.S.



The real dimwits will claim it all happened since November 2006.|||All these positive changes seem to be happening after 2006 when the Democrats were elected to Congress. HMMM I wonder if that might have something to do with it. The preceding 6 years things were just the opposite. Compare that to the unprecidented levels of employment during the Clinton Administration and the last 6 years look pretty puny.|||The market boom under Bush has been much more artificial and damaging to the long run health of the country that it was under the Clinton administration, because it has been fueled by massive deficit spending and tax cuts for the rich. - Crack Cocaine also has a stimulative effect, but that doesn%26#039;t mean it is a good thing. - The next generation will suffer for what Bush has done to the country in more ways than one.|||If people are SMART, they would blame business for the unemployment rate, not the government. The president didn%26#039;t tell these people to send their companies overseas for cheaper labor. This blame game is just another way for one party to make another party look bad. I%26#039;m sick of it. C%26#039;mon, Americans!! Lets stop blaming the government and start taking responsibility for ourselves!!|||of course they always do its sad really.

How is the Gross Domestic Product related to the inflation rate and unemployment rate?

Inflation is the sudden increase of a product. Namely the product in this situation, a domestic product, such as pinesol maybe, can have a sudden price inflation if less workers are there (hence unemployment rate) to make the product to be sold. Since their is less of the product, that means the prices increase causing a inflation.



Heres a simple chart for you to observe



Workers Make%26gt;Pinesol%26gt;Pinesol production decreases suddenly because of lack of sales%26gt;Need for less workers%26gt;Less workers means higher unemployment rate%26gt;Suddenly Pinesol becomes famous%26gt;More workers needed but workers competent for task unavailable%26gt;Low number of Workers%26gt;Less Products%26gt;To make up for money price increase



The End



How is the Gross Domestic Product related to the inflation rate and unemployment rate?





The inflation rate and unemployment rate are expressed as a percentage of the GDP where GDP is used as the standard of measure.



Although we use the GDP as our standard, understand that when comparing our inflation or unemployment rates with countries in the EU that the standards are different because of inherent structural differences in criteria.

How does Underemployment and the underground economy affect the unemployment rate?

One thing you have t onsider is there are three types of unemployment.



1. which is the national average is designed to calculate everyone who is on unemployment.



2. Which is the unemployement rate for College educated people



(almost always 1.5% or less)



3. Which is the actual number of unemployeed people at any given time who may or may not be on unemployement



With this in mind, its an easy answer. lets say you have a degree in engineering. for whatever reason, engineering is eliminated. Now, although you have a degree you take a job at a factory. you are now under employeed. The reason you got the job is because you are beyond qualified. But the guy who was just qualified enough is now jobless.



you are underemployeed as a result of your new job, and the other guy who would have gotten the job is unemployeed

What can you suggest to government to decrease its unemployment rate?

The government doesn%26#039;t create jobs.



They can only hinder job creation.



What can you suggest to government to decrease its unemployment rate?





Not necessary. The unemployment rate is already at such a low level that many economists consider it to be full employment.



What can you suggest to government to decrease its unemployment rate? loan



make me king|||Stop outsourcing jobs and enforce current immigration law.|||make all the bums join the military....theres 12 %26#039;homeless%26quot; guys always on the corners here in austin,tx begging for money if u catch em at the right time u%26#039;ll see them on there cell phones and stuff they live in an apt.....



o yea im in the army screw what gabriel said we need to be over there i%26#039;ve been there its not like we are forced to go|||yeah.... the unemployment rate is at an optimal level according to economists...



any lower and businesses would have major problems finding people



which could technically lead to an argument that illegal immigrant workers are needed...|||If you are talking about OUR government, well, for starters you could outlaw all trade with non-democratic nations. (China would be a good start).



In fact - China would be an EXCELLENT start, since they are diametrically opposed to all that our Constitution stands for.



They ignore our patent and trademark rights.



They ignore our product quality assurance rules.



Oh and - by the way, they ignore human rights.



And I don%26#039;t mean the sweat shops - I mean that if you are a Chinese couple who has the AUDACITY to have a female child - they either sell her into slavery or KILL her outright.



THESE are the people we are doing business with folks.



Sleep well.|||Stop supporting drug attics with our tax dollars.Doing that will make them get up off their lazy druggie a**es and get a job causing the unemployment rate to drop.|||The US unemployment rate is very low as is. There%26#039;s alwasy going to be some unemployment. Basically, the only way to get lower is to have a bubble economy, which eventually bursts.|||Secure boarders, lower taxes, stop regulations that are unnecessary. Get out of the way of small and medium businesses|||lower taxes|||Go out of Business.



Seriously, that is the best way. Government, through the inflation created by the Federal Reserve, through the Marxist IRS, through the Marxist Inheritance taxes, through the moronic anti-market laws and regulations, and all its welfare schemes (including the popular Ponzi Scheme Social Security), creates unemployment. Of course, the worst culprit is the minimum wage law, which outlaws jobs under a certain wage.



Under a pure Capitalist society, there would be no such thing as (involuntary) unemployment because all money would be put to its most efficient usage and therefore everybody would have a job at their market wage.|||Have government officials stop taking bribery from large corporations.