Difficult in finding good jobs Essay Example | Topics and Well Written Essays - 1000 words - 1

Difficult in finding good jobs - Essay Example(Lenard, 2011) Depending on which state one resides in, the difficulty in finding employment can be described as .82 workers for every position, (in Washington, D.C.) or as many as 8.24 workers for every position (in Michigan). (Lenard, 2011) Production jobs argon down nearly 50% as a result of outsourcing. (Lenard, 2011) With unemployment benefits on the decrease, due to fewer workers in the system supporting the tax base revenues from which those benefits derive, what does the rising look like for these people? (Lenard, 2011)The impact of not being able to find work has caused some serious consequences for our economy. (Bruce, 2011) This type of structural unemployment is closely adjust with system failure. (Bruce, 2011) The current economic downturn has been long lasting. (Bruce, 2011) Most business cycles take approximately 20 years to return to their previous position. (Bruce, 2011) That means we commence approximately 10 12 more years before we will be able to see more availability of employment. (Bruce, 2011) In addition to fall productivity in the marketplace, unemployed workers are no longer supporting the tax revenue base that pays for unemployment benefits as well as numerous amicable programs that provide health care, training, and child care assistance to help people stay healthy and find employment. (Bruce, 2011) This creates a situation where the government must either increase taxes or borrow the money to cover this debt. Increased taxes lead to less consumption, which creates new unemployment. (Bruce, 2011) It takes money out of the financial markets, which also increases the interest rate this, in turn, increases costs for companies and lowers profit margins again, creating more layoffs. (Bruce, 2011)Its a downward spiral. As companies outsource, they eliminate American workers and the managers that keep the production cycle in motion. (Bruce, 2011) For the heathen worker, illegal immigrant s take on blue collar jobs that many