How to write an essay on unemployment
Whether you are writing an essay on unemployment or a slightly different research work on this topic, it is essential to have some basic requirements for the first time. As you might have already guessed it, you will have to make careful research and then you will be given only 20-30 minutes to effectively argue your point of view on the subject that you have chosen to describe. So, let’s move on to the structure of the essay and the first thing that you will be required to follow is to write a list of the unemployment essay questions.
It is useful to look for the answers to the following questions:
What is unemployment rate?
The official unemployment rate is considered to be in effect only on the economy, so it makes sense to call it by its actual percentage increase in the economy. So, what is the best way to increase employment and increase wage? First of all, you need to understand why the unemployment rate is important.
The reason for increasing this question is quite simple. Increased labor demand results in more consumers being paid when producing fewer goods and services. This results in less resources being allocated for the middle class. As a result, the middle class gets less money from the taxes from these companies. On the other hand, some professionals, especially high-level ones, do not want to leave their profession and enter the market because they are happy to work on the lower paying jobs. And the other thing is that the new talented workers are often even more paid than the existing ones.
The other thing you have to remember about this period is the 1960-1970s. The 1960s were considered to be the early period of the labor market. The peak of labor demand was defined by the following factors:
- growth in the labor force, as well as the rural population. The minimum wage for the aged workers was established in the early 1960s. It reached $865 per month. The average income of a college graduate was $28,000. Very quickly, the value of the middle class grew to $119,000. And it actually did not stop there. In the future, the real wages of American workers have grown up much faster than the earnings of industrialists. But the process of inflation did not weaken, even helped some workers to remain at the same level.
But the past several decades have shown that, in most countries of the world, the minimum wage does not bring the desired results. In the last 30 years of social and economic reforms, it has been consistently raised in the public consciousness. The level of the minimum wage has consistently been increasing. For example, in the social and economic reforms of the country, in the early 1990s, the amount of payments was raising with the help of social insurance. The structure of the Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps) was deeply criticized by the public and the political sphere. Only recently, the maximum payments were adjusted upwards.
The main social movements occur both within the middle class and with participation of other elements of the social structure. Free channels of upward vertical mobility, clear prospects for social growth based on education and high qualifications should ensure a sufficient level of welfare for the middle class.
It also should be noted in essays on social inequality that, in addition to the stabilizing of the middle class, there is another positive side of this inequality. It is recognizable in the sphere of social and economic relations: in the sphere of economic relations, representatives of the middle class act as the economic donors – not only producers of a huge share of the society’s income but also large consumers, investors and taxpayers.
It may be mentioned in essays on social inequality that, in addition to the stabilizing of the middle class, economic inequality also brings a certain “strength” in the social structure of society. In the structural integrity of the economy, the distribution of incomes is usually preceded by a middle class that either moves up or down the ladder of the social structure.
In the institutional context, the middle class is the first to enter the world of financial and economic activity. This is the basis for the development of the middle class in the modern society. Low-income groups cannot easily access the financial resources of the state, however, they fully rely on the social and economic reforms.
The middle class is a typical organizational structure of society. Its members are arranged from the least to the most important. The middle class is not a “classical” organism in the sense of its existence. Its position is different from the position of the lowest class in the corresponding hierarchy of values. It does not follow from the activity of the lowest class in the interests of the middle class.
Despite the real accomplishments of the middle class, its ideology remains in the tradition of the idealized middle class. Even today, there are many similarities between the middle class and the lower class.