Social Sciences

For your fifth essay, you will explore economic challenges facing our U.S. Read the instructions and guidelines below carefully and review the grading rubric before submitting your work.

Instructions:

Find a NEWS article that addresses a current economic issue facing the U.S. It can involve any of the challenges discussed in Chapter 18, or one of your choice. (A news article is an article from a media source like a newspaper or magazine such as the New York Times, FOX, The Washington Post, VICE, etc. that addresses a current event. It does not include sources like Wikipedia, eHow, dictionaries, academic journals, or other information websites.)

Write a minimum 300 word essay that answers the following questions:

Based on the article you chose, what is economic challenge you chose? How does it relate to the economic challenges discussed in the book? (See Chapter 18 for a discussion of economic challenges facing the U.S.)
According to the article, who are the main interest groups involved? What does the economic issue mean for their life and/or business outcomes?
How can the economic challenge be addressed in a manner that is fair and equitable to all parties involved?
Guidelines

Your essay should:
be a total of 300 words or more.
The 300 word limit DOES NOT include the questions, names, titles, and references.
It also does not include meaningless filler statements
have factual information from the textbook and/or appropriate articles and websites.
be original work and will be checked for plagiarism.
You will receive a zero if substantial portions of your work are taken from other sources without proper citation
have references and citations for your sources, including the textbook
Cite your sources in-text and provide references for each sources according to the APA Style Guide. FYI web addresses or links are not full references!
Essays are automatically submitted to SafeAssign. Watch the video – SafeAssign for Students – Blackboard Learn
Any work that SafeAssign identifies as having more than a 10% rate of plagiarism after quoted material and small matches (10 words or less) are excluded will not be read and will receive a grade of F (No points).
All essays must be written using Microsoft Office applications such as Word. Work that is not submitted through the assigned drop box or that is submitted using software that is not compatible with Safe Assign (SafeAssign accepts files in .doc, .docx, .docm, .ppt, .pptx, .odt, .txt, .rtf, .pdf, and .html file formats only) will not be read and will receive a grade of zero.
Submitting a paper that was already submitted by the student to another professor and/or course is also considered an act of academic dishonesty. Students who are found doing this will also receive an F (no points) for this assignment. Students must write a different new essay or paper for every class they take.
Essays must be submitted through the proper drop box. Essays that are not submitted through the assigned dropbox will not be accepted. Do not submit essays through the Comments Window!!
No essays will be accepted after the due date.
View the grading rubric above (Points Possible).

ANSWER

Unemployment in the United States

Unemployment is one of the key economic challenges facing the United States of America. Since the COVID-19 pandemic emerged, the country has experienced a significant rise in unemployment levels. Most people have lost their jobs primarily due to the closure of businesses based on lack of market. Lockdowns and the stay at home directive strategies have forced numerous businesses to close down since there is limited movement in and out of the country. As the US struggles with a high unemployment rate and an increasing Coronavirus relief package, stakeholders have noted that more people are receiving unemployment benefits than are unemployed. Statistics show that about 12.5 million people were unemployed as of September, while around 13.5 million people were making claims (De Lea, 2020). This shows a discrepancy since those seeking relief packages exceeded the number of unemployed persons in the US. Amidst this confusion, unemployment remains a crucial challenge that affects the United States. Individuals are less likely to access basic needs and sustain other aspects of their lives due to a lack of resources attributed to the loss of job opportunities.

Everyone is currently suffering in the US due to the rising level of unemployment. For example, family members are left to financially take care of their loved ones who have lost their jobs. To ensure that the US government addresses unemployment fairly and equitably, it should increase its CARE plan package to ensure that it incorporates anyone experiencing a heavy burden due to the high unemployment cost. Everyone who has lost an opportunity to make income due to the pandemic stands to achieve financial support. Thus, the government should not only focus on those who were under formal employment. This can ensure that everyone has a chance to boost their lives amidst the heavy unemployment burden caused by the pandemic.

Reference

De Lea, B. (2020). More people receiving unemployment benefits than are unemployed, research finds. Retrieved 14 April 2021, from https://www.foxnews.com/politics/workers-claiming-unemployment-outnumber-unemployed