Monday, March 8, 2010

Unemployment

A mayor economic indicator that economy is doing well is the employment and unemployment percentage in the country. If there is less unemployment then the economy is increasing, because if there is more people working, it means that the country is generating more money and they will be able to produce more goods and services, then they can sell the goods and generate money. But if there is more unemplyment in the country than everything is going to get worse because then they are going to increase taxes and other things. When this happens then it is harder for the economy to increase because then you cannot consume as much goods as you would want and everything just gets harder.


Unemployment is terrible because not only is is frustrating to know that the money you own, half will go to taxes and the rest will have to be divided into all your expenses, like food, clothing, gas, electricity, water and many other things, and because you are to tight in money you hve to cut back on most of those things and buy only the essentials, this is not a very good feeling.


So the best thing to do to increase the economy is to create more jobs, invest in companies thay will help increase the countries economy.


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