Effects, Consequences, Statistics, and Causes

Unemployment

2

What is Unemployment?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

What are the Effects?Unemployment can

cause more Taxes on people.

Increase in the prices of daily needs.

Makes life harder for those who are working.

4

Causes of Unemployment "mike"The Country’s

economic distress

The War on TerrorWelfare is said to

contribute to long term unemployment.

Unemployment insurance does this too.

5

Why causes are important “mike”

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 effecting Unemployment “mike”

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

Unemployment Effects "Patty"

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

Job Cuts "laid off " "Patty"

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

Consequences of Unemployment

Individual, social, educational and economic effects

Have been connected to areas with Higher crime rates.

Give people an excuse to not work.

10

Self confidence is effected

Communication between family

becomes difficult

Family cannot be supported; crime

rate increases

Find it difficult to face unemployment

Individual Consequences

11

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)

Educational Consequences

12

Economic Consequences• 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

National Unemployment “Matt”Unemployment rate

in MA is 9.4%.It has risen 1.6% in

2009 from 2008.U.S. jobless rate

went up 3.5% to 9.3%.

National employment population ratio fell 2.9 points to 59.3 points.

14

Regional Population Employment Ratio "Matt"In 2009 all region

had a decrease in employment population ratio.

West -3.3,Mid-West -3.1, South -2.7North-East -2.2

Ratios

WestMid-westSouthNorth-east

15

State Unemployment “Matt”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

Regional Unemployment "Matt"Northeast Average

Unemployment rate is 8.4%.

The West had the greatest jump from 2008 to 2009.

17

State Population Employment Ratio "Matt"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%