Unemployment has been a problem throughout the United States since the beginning of our economic structure. In the most obvious sense, unemployment means "being without a job." The term unemployment is one description of the economic condition of a society at any given time. Low unemployment means the majority of the labor force is involved in, or looking for steady work. On the other hand, high unemployment is an indication of an economy in recession, …
showed first 75 words of 1145 total

showed last 75 words of 1145 total
…to the SIRS Researcher, "Some people believe the government must become the employer of last resort if an industry cannot use the nation's total labor force (Zycher, 1995, P.46). Eventhough many of the European countries have this policy, The United States has not bothered to pay any attention to it. This is mainly because there is little to no backing on such a policy because federal budget deficits have become to much of a major problem.