Monday, November 1, 2010

Unemployment

This article is for November 8th. What is the forecast for unemployment? What are your thoughts about this situation>


46 comments:

Anonymous said...

The united States Economy is at a 2% growing rate but needs to be at 5%. There are two reasons why this is actually a disaster at this time. Construction both residential and commercial collapsed last year. And it isn't expected to regain its strength for years.Another reason is the recession that began in 2007. Economic recoveries are usually slow after a cris though.

phillipbrandon4 said...

Although economic recovery is often slow, is 2% to slow? The economy is supposed to be at a five percent growing rate. There is two reason why this can be catastrophic. The recession happened three years ago is one big concern. And the short year period of time between now and when commercial and residential constuction market collapsed. But hopefully the economy will spark and get to the much needed 5% growth rate.

DBrice5 said...

The U.S. Growing Rate Is At 2 % but the economy is supposed to be at 5%. There are two reasons why this is so bad. The Construction market (commercial and residential) collapsed. And of course the other obvious reason is the 2007 recession. But the economy will begin to grow again. At a slow steady pace.

mhurr2 said...

i believe that the unemployement is way to high in this country an there arent enough jobs which is making the unemployment rate rise. i dont see any improvement any time soon.

rkeefe2 said...

If unemployment doesn't rise it means the government failed and the bailout isn't working.

kmyers4 said...

The united States Economy is at a 2% growing rate.The economy is supposed to be at a five percent growing rate. I believe that the unemployement is way to high in this country an there arent enough jobs which is making the unemployment rate rise. if it doesnt go up soon, i think the governament has failed us economically.

Grudd4 said...

Although economic recovery is often slow, is 2% to slow? The economy is supposed to be at a five percent growing rate. If the unemployment rate doesn't go down it means the government bailout failed.

NJohnson4 said...

We should have figured that the unemployment was not going to get any better anytime soon. Business's are too scared of losing money if they start hiring people again. Everyone wants to be paying attention to themselves and looking out for what's best for them. The U.S growing rate for the economy is 5%, which is obviously too high. I do not see this joke of an economy getting any better any time soon. The government is not doing anything except coming up with these so called "bailouts" which end up increasing the US debt.

alawwill5 said...

The United States economy is at a 2% growing rate, but it needs to be at 5%. This is quite troubling to me that the economy is having such a hard time turning around and some economist say it might take until 2013 or even as long as 2018 to completely turn around. That's a long time! It's also scary that the occupation in the past that American's fell onto after a recession, construction, is very sluggish right now. I hope that somehow we can turn the economy around quick because our country is desperate for relief and we all want to have that feeling of stability and security once again.

abowyer2 said...

I agree with Bobby that if unemployment doesn't rise then the government failed. Right on Bobby!!

Anonymous said...

well, the unemployment rate is pretty high. I believe, however, that now that the republicans are back in office and they are gonna turn things around. REPUBLICANS FOR AMERICA!

bgrizzle4 said...

The growing rate of the economy should be at 5% but it is only at 2%. The unemployment rate isn't really rising either which makes matters worse. The 2007 recession is a cause of this. I think our economy will be coming back but it will come back very slowly.

SuttonAbney12 said...

Recovery from a recession is always slow but ours has lasted a little long... Will we ever fully recovery is my question? With only a 2% growing rate looks like full recovery my still be far away.

KCollins5 said...

The economy is down at a 2% when it needs to be at 5%. Needless to say, the U.S economy isn't doing as well as it could be. One of the major reasons for this happening is due to the recession in 2007. Another reason for it being down, is due to both the residential and commercial markets crashing. Hopefully the economy will pick up soon before it keeps getting worse.

bkueker5 said...

The economy is not doing as well as it should be, the recession really knocked the U.S. back a bit economically. It needs to be at 5% but that may be a while away until that will even happen. We will get there...slowly but surely.

Anonymous said...

The economy is growing 2% a year which is not good for times like now. It needs to grow about 5% a year to put a dent in the unemployment rate. People are not expecting the labor market to recover all the lost jobs until about 2013. Reasons for this is construction, when is collapased laste year. Another reason is after the houseing market crashed and the recession started in 2007.

SOsborne5 said...

The US economy is recovering at too slow of a pace to increase employment. It's not projected that this will change for quiet a while, which sucks.

Aandrew5 said...

GDP could be better, and there is no telling when it will rise. The unemployment is high and will stay high until the GDP returns to normal. The housing and construction markets, which usually drives economic expansion, are still suffering. No end is in sight and it's pretty obvious the government bailout, or government intervention, while it looked good on paper, didn't help as much as politicians would have hoped.

Anonymous said...

the economy is suffering really bad and u can tell with a 2% growing rate.There just are not enough jobs for people and its making everything worse.I have our government to blame.

Anonymous said...
This comment has been removed by the author.
showarth4 said...

The economy is increasing at two percent but needs to be increasing at five percent. This really worries me because of the unemployment rates. I will be graduating soon and it will be hard to fing a job more than likly. I hope the economy picks up soon.

katy02 said...

this article is about the United state economy and what caused it to be like this and the major reason is the recession that we have been going through since 2007. they really need to help with this cris and get us through it

Dani said...

The United States' economic growing rate is at 2%, but it needs to be higher, around 5%. This is because of the recession in 2007. Hopefully the economy will pick up sooner that later.

lhall2 said...

I feel that a recovery rate of 2% is mighty slow. We need to be at a five percent growng rate at least. There are not enough jobs for the people of this country. Will our economy ever recover??

Alex said...

In any normal economy a 2% growth rate is just fine, but in the current economy its not enough. Right now we need to be in at least a 5% growth rate. Sadly construction both in residential and commercial markets have collapsed after the recent recession. This is odd because usually construction tends to increase majorly after any previous recession. Hopefully the economy will work itself out, even though this process will take a excruciatingly long time.

BScott5 said...

Because there are not enough jobs the United States, the unemployment rate is very high. And our Economy is at a 2% growing rate and needs to be at a 5%. The main cause is the recession in 2007.

Anonymous said...

The United States growing rate should be at 5% to be healthy, but it is currently at 2% which is showing very slow change. The high unemployment rate and past recession both contribute to this slow growth rate. But until there are more jobs available, then there is not going to be a big change in unemployment nor economic growth.

Stevenator said...

Being at a 2% rate is all fine and dandy, unless we're supposed to be at a 5% rate. We're not up to our standards, that's for sure. But then again no place is perfect; be thankful that we're even increasing at all.

PotassiumBromide said...

Although the economy is growing, it is at a slow rate. However, it is encouraging that it is growing at all. The recession has been going on for a long time now, and the question on everyone's mind is when will it end?

Nic2 said...

With the economy so low it will only be time that tells how our government is helping on its bailout plan so until then i suggest people keep spending money and stimulating the economy as much as possible.

LTimberman4 said...

I think it's ridiculous how some economists say the economy may not be turned around until 2013 or even till 2018. By 2013, we will be freshmen in college and may have jobs to support our college lives.. But by 2018, we will all be out of college with our degrees and out into the work force.. If new jobs arnt created, we'll just fall back where we used to be and that's not good at all..

BaileyBrubaker said...

Although the economy is growing, it is not fast enough. Right now it is 2 percent a year and it will need to be at least 5 percent to make a difference in our unemployment rate. Some economists say our economy wont be back to normal until at least 2013. Others say 2018. This is very troubling. I hope our economy starts growing at a faster rate.

tlahagu4 said...

The economy is growing at a rate of 2% but it needs to be at 5%. It's going a very slow rate. Unemployment is very high and i don't see it getting better anytime soon.

scaudle4 said...

The growth rate needs to rise from 2% to 5%. It is low because of the recession we went through and because of the commercial and residential construction market collapsing. Economic recoveries are typically slow, but it would be nice to hurry.

Tyler Michael Joseph O'Dell #2 :D said...

The Economy for the United States is at a 2% growing rate, while it needs to be at 5%. If it doesn't go up this means that the bailout has failed.

edifruscio2 said...

The united states economy is at 2% which is 3 % too low of what it needs to be. This is bad because the construction market collapsed and because of the 2007 recession. I believe the economy will begin to get better slowly.

emarcum2 said...

Unemployment has been a high percentage from 2008 to now. Many jobs were lost and costs were cut to keep up in the recession. The united states could be doing more like creating more jobs.

DDix2 said...

I honestly am tired of hearing about unemployment rates. The economy is bad and its not getting better anytime soon because we are in a major recession. Rates are up to 5% which is way too high but there really is nothing that we can do about it right now.

kmabry4 said...

The U.S economy is currently at 2% but needs to be at 5%, the cause of this is that construction residential and commercial collapsed last year. the government needs to do something to get the economy back into shape before it gets too bad.

sminge4 said...

GDP could be better, and there is no telling when it will rise. The unemployment is high and will stay high until the GDP returns to normal. The housing and construction markets, which usually drives economic expansion, are still suffering. No end is in sight and it's pretty obvious the government bailout, or government intervention, while it looked good on paper, didn't help as much as politicians would have hoped

tscott4 said...

there are not enough jobs in the economy, the unemployment rate is very high. we need to have a growing rate of 5%, it is at a 2%.

AClinard said...

Unemployment isnt going to improve anytime soon. With the health-care bill going in, Americans are having to pay more taxes, just to keep from getting fined. Again with businesses having to conform to more government regulations, people must be laid off just to keep up with costs. If the government would keep it's pays off of the economy and people's lives, businesses would be free do do what they need to do, and increase employment.

dbrown5 said...

The forecast for unemployment seems to be that it is going to keep increasing. Unemployment is the biggest problem in this country right now and it needs to be fixed immediately. jobs in this country need to be restores as quick as possible.

p.Bender :)02 said...

this economy is ridiculous! the unemployment isnt at the highest its ever been but its getting close!

joshBurns5 said...

Economists say it takes GDP growth of 3 percent a year just to keep the unemployment rate from rising but the united states is at 2% so the unemployment is slowly decreasing. and one reason for this is the collapse of Construction both residential and commercial.

Anonymous said...

The economy is at 2% and needs to be at 5%. We've been below for a while and still millions are unemployed. Although many things are on the way up like realistate things are still not looking to great,. Either way its a work in progress.