Social Inequality and Minorities in the United States

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Inequality

The purpose of this essay is state the pros and cons of unemployment . It is true that unemployment is a device that is in great need of change but the purpose of this will delve into statistics of unemployment in the US , Europe and the Nordic states . Also , a close look at healthcare , and taxes for the unemployed will be analyzed

The way that unemployment works is this a person who does not have a job but once did is

monetarily compensated . They are asked on a regular basis if they have found work , and how much the job pays . Once a person is able to be financially independent they no longer receive unemployment checks . The reason for unemployment is variegated . The economy is in a state of muted depression , and the job market is overcrowded with overqualified candidates . Some issues of employment stem from jobs going overseas as labor can be found cheaper in certain countries (usually third world a lot of US companies have relocated in Mexico because of the cheap labor costs . Since unemployment seems to be a societal issue and not based on a persons individual possessions or lack of qualification , there can be no real blame upon the vast numbers of unemployed in the US . The US is currently at a 4 .7 unemployment rate (that is 4 .7 in comparison to the rest of the country- this statistic is taken from economagic

The positive aspect of unemployment is that it allows a person time to find a job without worrying how they will pay bills etc . A person who is unexpectedly laid off of work has the insurance that they may receive government aid during the time they acquire a new job . The negative side of unemployment is that it is a drain on the already unstable economy and once a person is on unemployment , getting a job that meets the agency 's qualifying standards to get off of unemployment , doesn 't necessarily mean that person will be making the same amount , or more than they would be while on unemployment

The comparison between the US and Europe is staggering the US unemployment is low when staked next to the unemployment of Europe , the reason for this , as Paul Swaim states in Employment Outlook 2005 , How Does the US compare

Unemployment remains relatively low in the United States by comparison with other highly industrialized countries : the US unemployment rate was 5 .6 in 2004 , as compared to an average of 6 .9 for all 30 OECD countries and 9 .2 for OECD Europe . One reason that the American unemployment rate is lower is that persons becoming unemployed find new jobs more rapidly in the United States than in most OECD countries . The share of the unemployed , who have been out of work for 1 year or longer in the United States , at 13 , is only about one-third of the corresponding share for the rest...