http://www.newyorker.com/business/currency/unemployment-arent-americans-buying-good-news
The article "UNEMPLOYMENT IS DOWN: WHY AREN’T AMERICANS BUYING THE GOOD NEWS?" from The New York Times talks about the economic situation America is in right now. Fired by a statement made by the president Barack Obama, who mentioned how healthy the economy of the country is, Vauhini Vara gives us her opinions and views. Her main concern is if the downfall of the unemployment rate is beneficial for the American economy. She explains that even though the unemployment rate has fallen, the discouraged worker rate risen. Basically she sums up that the unemployment rate is the right way to measure the health of an economy. The American economy might be stronger the last few years but it still is not strong enough.
This is a great article, because the unemployment rate is such an important factor in the US economy. This article is also very relevant because the election is coming up and they both have different methods to handle the unemployment rate. This has been a recent problem in the United States, because although we have seen the unemployment rate drop, we have also seen the labor force decrease, which has caused the unemployment rate to drop. It will be interesting to see if one of these presidential candidates bring this topic up in the next few weeks.
ReplyDeleteThis is a great article, because the unemployment rate is such an important factor in the US economy. This article is also very relevant because the election is coming up and they both have different methods to handle the unemployment rate. This has been a recent problem in the United States, because although we have seen the unemployment rate drop, we have also seen the labor force decrease, which has caused the unemployment rate to drop. It will be interesting to see if one of these presidential candidates bring this topic up in the next few weeks.
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