So the capitalists start cutting back productions, leading the labors to lose their jobs eventually. ... Since the Great Recession began, most of the people in the working class have suffered unemployment, a cut in pay, or a reduction in hours. ... Even they lose their jobs, they receive high amount of money which is enough to provide the 16000 people who were suffering from unemployment. ... The change in corporate profits and number of jobs in the U.S. shows an ironic result, although corporate profits suffered in the early part of the recession, they have been steadily growing for more than...

• Word Count: 774
• Approx Pages: 3
• Grade Level: Undergraduate

According to a study done by the Brookings Institution, in 1929 "0.1% of Americans controlled 34% of all savings, while 80% of Americans had no savings at all." 2 If Americans could not afford to buy what they wanted, they could get anything they wanted with a small down payment and pay for it over time. ... America had paid in dollars, not in death and destruction, and now it wanted its dollars back" 10 The European nations did not feel compelled to even pay the interest on these loans. ... Prominent businessmen as well as ordinary citizens borrowed money to purchase stock "on margin" with...

• Word Count: 1658
• Approx Pages: 7
• Grade Level: Undergraduate

He had enough money to pay his rent but had very little left over for anything else, he became dependant on his eldest son to find employment, (who was fifteen) he did get a job as did his next oldest child. The family was now able pay the rent and have enough let over to buy little treats for themselves. ... The older worker may be set in their ways and may not be willing to do the job the way the employer wanted them to do it, they may also demand a higher salary because of their years of experience. The younger worker on the other hand may have no or very limited experience in the job, h...

• Word Count: 1787
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

They resist change, and need close supervision as well as external sources of motivation (notably pay). ... They accept responsibility, consider work to be a natural part of life and are internally motivated by their commitment to the job. ...

• Word Count: 396
• Approx Pages: 2
• Grade Level: Undergraduate

The Agricultural Adjustment Act and the Home Owners" Loan Corporation were both formed to help farmers and other households with paying their mortgages, as well as helping the mortgage-holding banks to stay in business. ... Many Americans searched for jobs that simply did not exist. ... The Civil Works Administration was formed as a temporary source of jobs such as leaf raking during the particularly cold winter of 1933. ... Part-time jobs were also found for white collar workers; artists painted murals in public buildings and people like John Steinbeck counted dogs. ... The Tennessee River wa...

• Word Count: 1325
• Approx Pages: 5
• Grade Level: Undergraduate

There were no jobs for unemployed Canadians and for those that had jobs, there was a high chance it could be lost. Consequently, workers who had jobs were paid very low wages and worked such long hours that they were living in a state close to slavery. ... Also, many Canadians had decided to leave their homes and travel around the country looking for jobs. ... People were so desperate that they did not have a job, money, enough food and only ripped clothing to wear. ... To help the prairies, Bennett passed laws to provide funds, to help pay for freight rate, to help farmers transport their gr...

• Word Count: 1848
• Approx Pages: 7
• Grade Level: Undergraduate

This act served to stimulate job growth and provide some temporary relief to those most impacted by the recession through spending billions of dollars in tax relief, public works projects, education and job training, etc. ... Jobs have been added at a rate of 200,000 per month but our current unemployment rate still sits around 7.6% and the rates of those underemployed, those who are working below their skill set, and long-term unemployed, those who have been actively looking for a job for 26 weeks, are far to dismal for a recovery (Bernanke 1). ... Many may believe that unemployment in this r...

• Word Count: 2201
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

People were already losing large sums of money as they were forced to try and pay back expensive mortgage loans that they could not afford, and this loss of wealth meant their was a decrease in other consumer spending. ... If mortgage firms had not been allowing their loans to be so easily attainable then less people would have had the means to take out loans, and only those who could afford to pay them off would have had the access to them. Investment banks made the same destructive decision when allowing investors to buy packages of loans at such a high value without any concern of the mortg...

• Word Count: 1363
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Government is failed to give jobs to its people as well as it is also failed to compose environment and strategies for unemployed people. ... The seats of government jobs are sold by members of parliaments. ... The consumption of huge amount of public money on law enforcing agencies could not pay peace and tranquility in Pakistan. ... By backing up industrialization, the local dwellers would again get their jobs and the chance of employment would increase in the country. ... Foremost, the government could stop the brain drain from the country by advertising government jobs. ...

• Word Count: 1536
• Approx Pages: 6
• Grade Level: Undergraduate

Farming had much to contribute to the Great Depression in that they were not able to produce on the farms therefore leading to not being able to pay their bills that lastly leads to not being able to sustain the government with their earnings. ... The heat and the dryness caused for many farmers to leave their homes to go and find other places to start over because the farming was being destroyed by human nature and they did not have money for groceries, food or even money to pay their mortgages for that matter. ... It seems that everything was being do to try and negotiate to keep jobs secure...

• Word Count: 994
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

But the NIRA and AAA only worked for a short time because prices had subsided and taxpayers ended up paying for it. ... His plan was to provide the unemployed jobs, conserving national forests and parks, restoring Civil War battlefields, building roads, and generally improving many of America's natural resources. ...

• Word Count: 636
• Approx Pages: 3
• Grade Level: Undergraduate

The most recent numbers reported were 155,000 jobs were added to the US economy in December 2012. ... It has been estimated that creation of 300,000 or more new jobs per month would be needed to bring unemployment down with the speed desired (Sivy, 2013). ... The expiration of the payroll tax cut means most middle-class families are now paying $600-$1200 more per year. ... Those individuals who have secure jobs, good credit, and stable housing situations; the economy is looking encouraging. ...

• Word Count: 1445
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

If they can buy more, they support more jobs in the economy and the country grows richer. ... Two years later, though not completely recovered, he returned to teaching at Cambridge, wrote three influential articles on war finance entitled How to Pay for the War, and served once more in the Treasury as an all-purpose adviser. ...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate