Effects, Consequences, Statistics, and Causes. 2 Current People who do not have a job. People who have been Fired or laid off. The government supply these.

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Presentation transcript:

Effects, Consequences, Statistics, and Causes

2 Current People who do not have a job. People who have been Fired or laid off. The government supply these people with a % of their earnings.

3 Unemployment can cause more Taxes on people. Increase in the prices of daily needs. Makes life harder for those who are working.

4 The Country’s economic distress The War on Terror Welfare is said to contribute to long term unemployment. Unemployment insurance does this too.

5 People take advantage of the checks they receive. Claim to be looking for work and don’t. People easily file for an insurance extension. Welfare is many times abused.

6 Welfare gives people the and incentive to avoid work or work less. Many families use this as a mayor income for support. It gives $ instead of showing how to make it.

7 Students must plan ahead for careers based on availability More student join the military to avoid unemployment. Even with a Degree work can be hard to find

8 Businesses laid people off to cut budgets and stay open. Teachers, and Police officers, were only some affected. This affects education and the safety of society.

9 Individual, social, educational and economic effects Have been connected to areas with Higher crime rates. Give people an excuse to not work.

Self confidence is effected Communication between family becomes difficult Family cannot be supported; crime rate increases Find it difficult to face unemployment 10

Student become very weak at completing their success in school Find it a distraction when in the need of work (becoming unemployed) Interference with school work (find that having a job serves importance) 11

12 Larger companies become affected (bankruptcy occurs) All types of businesses have to maneuver around the changes of the economy The change of businesses affect how the economy is being affected

13 Unemployment rate in MA is 9.4%. It has risen 1.6% in 2009 from U.S. jobless rate went up 3.5% to 9.3%. National employment population ratio fell 2.9 points to 59.3 points.

14 In 2009 all region had a decrease in employment population ratio. West -3.3, Mid-West -3.1, South -2.7 North-East -2.2

15 14 states and District of Columbia reported a unemployment rate of more then 10.0%. Michigan (+5.3%) and Nevada (+5.1%) had highest unemployment rate jumps in 2009.

16 Northeast Average Unemployment rate is 8.4%. The West had the greatest jump from 2008 to 2009.

17 All states had a decrease in Employment ratios 4 of 50 states and District of Columbia dropped more than 4% West Virginia had the lowest at 50.5%