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Writing Style and Page Number Requirements Font Type : Times New Roman or Arial Font Size : 12 Spacing : Double Number of Pages : Six to seven pages,along witha separate Title page and a separate...

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Font Type: Times New Roman or Arial

Font Size: 12

Spacing: Double

Number of Pages: Six to seven pages,along witha separate Title page and a separate References page


In this assignment, you need to analyze unemployment-related issues. You need to analyze only one issue (topic).

You are going to study the past trends, provide an overview of the current status, and provide solutions to overcome any problems related to the issue you are studying. You will use data, articles, and government reports to draw a clear picture of the current unemployment issues.

Some unemployment-related topics that you could choose from (choose only one topic) include the following.

  • Part-time employment rates for economic reasons
  • Unemployment rates among young college graduates
  • Unemployment rates by gender
  • Unemployment rates among Black and Hispanic communities
  • Low supply of labor (professionals) in certain industries
  • High supply of labor in education
  • Low wages by profession and their causes
  • Low demand for labor in some industry (you could choose whatever industry you wish)
  • Low wages in some parts of the country
  • High unemployment rate among workers with high school diploma or less

Your research needs to be structured with consistent and clear thoughts. It also needs to be supported by facts and data. Your results need to be based on solid facts. Your conclusion and recommended solution need to be thorough and based on your findings and understanding of unemployment and GDP.


Using External Sources:When you use information, facts, or data from external source (articles, news, facts, etc.) in your case study, you must properly cite the sources you obtain the information from using the APA format. A link to APA writing style resources is provided at the bottom of this page.

Content OriginalityandTurnItIn:The majority of the text in your case study must be your own words, thoughts, opinion, interpretation, and/or viewpoints. The rule is thatno more than 20% of the textin your case study can be from outside sources.Make sure you review the TurnItIn score next to your submitted document to verify that it meets the 20% (or less) requirements.

If your submitted case study receives a TurnItIn score (percentage) more than 20% on the report, this means that more than 20% of the content of your case study matches other's work and is not original. In this situation, you will need to revise the matching text (or a portion of it) in your case study and then resubmit your assignment. Then recheck the newTurnItIn score.

To summarize, 80% or more ofyour final case study submission should be your own words and 20% or less can include properly cited outside sources. The TurnItInoriginality report highlights the portions of the paper that are not originalandcloselymatches another source.


  • Title Page
    • Title of the paper
    • Name of the author
    • E-mail address of the author
    • Class name
    • Professor's name
    • Date
  • Introduction
    Include the following in your introduction.
    • A clear definition of unemployment and how and why it rises and declines in the economy
    • Briefly provide your understanding of the relationship between economic growth (GDP growth), high/low unemployment, high/low wages, and the way they impact one another.
    • An overview of the current unemployment rates in the economy using facts and statistics (tables or graphs)
    • A brief description of the unemployment-related issue (topic) that you are going to address in this paper
  • Data
    Obtain data from at least two credible sources (not Wikipedia) to provide facts about unemployment and wages and their growth pattern and their current statuses.
    • Obtain data about changes in unemployment rates for a period of 10 years.
    • Obtain historical data (10 years or more) about GDP growth rate (percentage) and Real GDP volume (in dollar value).
    • Obtain historical data (10 years or more) about the issue (topic) you are going to study in this paper, as well as data about its current status.

Use tables, graphs, and figures to support your argument. You can find the latest unemployment data atwww.bls.gov(Links to an external site.)(Bureau of Labor Statistics).

  • Analysis
    This section needs to contain the following discussions based on the data that was gathered and your understanding of unemployment and GDP.
    • Unemployment Rates: Discuss the trends of unemployment rates over the past 10 years and provide your objective analysis of the changes in unemployment and the current rates. Place extra emphasis on the periods where unemployment was either too high or too low (higher or lower than the natural rate of unemployment).
    • Issues (your choice): Discuss the unemployment-related issue. Provide an overview of the trends and use facts to highlight the major changes in the trends and the current status. State the reasons why you believe the issue you are analyzing represents a challenge for the economy.
  • Conclusion and Solution
    This section needs to cover the following areas.
    • Highlight the causes of the issue that you selected and how it impacts the economy negatively and why it needs to be addressed by policy makers.
    • State your own solution. Basically, answer the following question.
      • What would you do to solve the issue you addressed if you were in charge of the U.S. economy? State why.
  • Reference List
    Use at leastthree professional sources to support your argument. The references need to be in APA format. To learn more about APA format, click on the link below.
Answered Same Day Oct 04, 2021

Solution

Nishtha answered on Oct 04 2021
160 Votes
Running Head: UNEMPLOYMENT RATES AMONG YOUNG COLLEGE GRADUATE 1
UNEMPLOYMENT RATES AMONG YOUNG COLLEGE GRADUATE         2
UNEMPLOYMENT RATES AMONG YOUNG COLLEGE GRADUATES
Table of Contents
Introduction    3
Data    5
Analysis    8
Conclusion and solution    9
References    11
Introduction
The unemployment rate tests what other individuals will find a job if they want a job and therefore are capable of work. The number of unemployed individuals plus the number of working individuals is the labour force. In simpler terms, the unemployment rate is the proportion of the total population that is unemployed and looking for employment. As indicated by Bernard and Lieber (2020) increasing rate implies a declining economy, the rate of unemployment is among the most closely monitored statistics. For the worker and for the economy, long-term unemployment can also have significant consequences. People who have been out of work for many years weaken their professional skills and, as time progresses on, become less employable. They often lose the desire to seek employment and become depressed and frustrated. Taxpayers and social care programmes can also be burdened by long-term unemployment. When people are unable to pay their mortgage since they have lost their jobs, for instance, they risk leaving their lives. Some societies disintegrate during long stretches of high levels of unemployment, and crime rates rise. Couples, especially in low-income populations, are reluctant to ma
y when they believe it is undesirable to ma
y without a stable work.
It is not shocking that young people have seen a larger spike in unemployment mostly during crisis, as this is usually the case. As stated by Alsan, Stantcheva, Yang and Cutler (2020) The degree to which young employees are suffering the consequences of the slowdown, however, is rare. This is partially due to the fact that, as is usually the case, younger employees are much more probable to be laid off inside industries in 2020, relative to their previous generations. In addition, this trend was compounded by the fact that young people were more prepared to succeed in the service sector jobs prior to the pandemic, which were heavily associated with social distancing measures needed to slow the transmission of the infection and minimise consumer expenditure. An unprecedented 3.7 million middle and high school diplomas, 1.9 million associate degrees, and 3 million bachelor’s degree will be awarded by American schools by the end of the following year of 2020. Some of those 6-million-plus graduates will soon be seeking another education, but the others will be entering a historically awful job market that is particularly
utal for young graduates. This report represents unemployment rate of the young college graduates of 2020 and also some measures and policy implications
Data
Unemployment rates among young college graduates cu
ent status
The above picture shows that unemployment data by industry of the year 2020. These findings pose the question of why, at far higher rates, young people have lost their employment. .It indicated that individual workers are more likely to be laid off than older employees in the almost every sector between August and September, although the discrepancies are very limited in a few cases. Discrepancies in manufacturing, information, real estate and business services,...
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