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Unemployment Rate Rises - Essay Example

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As the author of the paper "Unemployment Rate Rises" tells, from the Hastings Pipe factory alone, where Schwartz had been working, 146 workers have been fired. Statistics released today showed that there is a one percent rise in unemployment nationwide. …

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Subject: Journalism & Communication
Type: Essay
Level: Masters
Pages: 1 (250 words)
Downloads: 2
Author: hamilljuston

Extract of sample "Unemployment Rate Rises"

Companies are no longer making profits; thus, they cannot sustain a massive workforce, and unfortunately, there seems to be no chance of the situation improving anytime soon, as the president of the company Bob Hastings, “I ain’t running a charity, and frankly I can’t say chances are good these folks are going to get their jobs back.”

Looking for a good job is another work in itself. Besides many people lining up for an interview for that same job, the pay is peanuts. For example, the supermarket packing job that Schwartz went to for an interview pays $8.5 while at his previous job, he was paid $12.50. Moreover, despite having the required qualifications, job seekers feel like they are begging to be employed rather than deserving to be employed. As Schwartz puts it, “I always feel like I am begging…..Asking for favors”. Nevertheless, he expresses hope that the economy might change soon, and the likes of him will be able to secure a job and take care of their families.

Indeed, it is the hope of every man that they could live normally by providing for their family, for instance, paying for education, buying clothes, and summer camps.

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