Causes of Unemployment
The recent financial crisis in America hit the country at the heart causing all sorts of problems. Currently, the country has not yet recovered from one problem, Unemployment, even after the recession was over three years ago. It is becoming extremely difficult for people to find jobs. The government is still trying to create policies that will ensure an increase in the rate of employment reducing unemployment rates. However, there is a slow recovery on unemployment decrease the living standards. Irrespective of the financial crisis, other factors are causing unemployment. In order to explain the causes, a summary of the newspaper article ‘Causes of Unemployment’ by Economic Watch is discussed.
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