Friday, December 28, 2012

Reasons for Unemployment in The US

People of an organization or country are regarded as the most valuable (living) assets in the world. Employment could be explained as the state of being employed or occupied in a job that pays the subject money. Therefore, unemployment could be defined as the state of being unemployed or out of work. A high rate of unemployment is a clear indication of poor national economic performance, whereas low employment is an indication of good national economic performance.

The United States is a highly developed country that is regarded as a world superpower. No matter how powerful and developed the country is, it too suffers from a considerable level of unemployment, which has been a huge issue for the US Government. This article aims to explain the main reasons or causes for unemployment in the US.

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