Global unemployment rises above 200 million

Global unemployment rises above 200 million

     This article mentions that unemployment is more than just an American issue, it's a global one. Global unemployment is on the rise, especially in younger workers who are not yet established with experience. Even though the economy has been improving and doing well recently many corporations are deciding to hold onto extra funds, buy back shares, or reward shareholders instead of investing in growth and new employees. The article also says that the number of people not in education, employment, or training is also on the rise globally.
     I can agree with this article that unemployment is a global issue. The article mentioned that Spain and Greece are two heavily affected countries, through the Europe trip I first hand witnessed the depression in Greece. Many businesses are shut down and vacant. 

Tackling The Real Unemployment Rate: 12.6%

Tackling The Real Unemployment Rate: 12.6%

     The article discusses the obscurities that are skewing our views on American unemployment. A U.S. unemployment rate of 6.2% is currently being advertised, however this article shows that with all factors considered, the actual unemployment rate is closer to 12.6%. Saying that 6.2% of U.S. citizens are unemployed leaves out people who are considered "Marginally Attached," these are people who have not been working and have not looked for work in the past 4 weeks. This article states that there is currently 2.2 million marginally attached people who are not being accounted for in the unemployment rate. 7.5 million people who are working only few part time hours are also not being considered as unemployed, even though they have no full contributing occupation.  

     I think that the advertisement of a 6.2% unemployment rate is only hurting the American public. If people feel that unemployment is becoming less of an issue than it wont be battled. The lack of attention to unemployment would be a cause for it to be swept under the rug and go unnoticed yet the issue would still remain.