by smteixeirapoit Palestinians have created hundreds of tunnels under the Gaza Strip-Egypt border to circumvent the Israeli blockade. In the border town of Rafah, Palestinians secure employment in these tunnels, smuggling goods such as food, livestock, appliances, and electronics. The work in the tunnels is not only dirty, but also dangerous. Sometimes, Israel bombs the … Continue reading »
Tagged with Unemployment …
Unemployed in America
by smteixeirapoit In 1962, economist Arthur Okun stated that when the economy expands, employment rises at a predictable rate and when the economy contracts, employment declines at a similar rate. Recently, Lawrence Summers, Director of President Barack Obama’s National Economic Council, commented that “Okun’s Law” may be incorrect. In the United States, employment rates decreased … Continue reading »
Mr. Mom and the Recession
by socanonymous The current recession has been dubbed the “he-cession”, referring to the fact that it is predominantly males that are being laid off. The female unemployment rate has been relatively stable in certain industries. A role reversal in some domestic household activities has taken place. The notion of female breadwinners is not a new … Continue reading »
Check The Box
Due to the current state of the economy of the United States many individuals across the country are concerned about job security. With the current unemployment rate in the U.S. climbing to 7.2 % (U.S. Labor Department), those who are unemployed are finding it extremely difficult to obtain employment with so many competing in the … Continue reading »