Thursday, October 25, 2012

Current Events-Unemployment


Jobless Rate Drops
                                According to the Georgia labor officials, the unemployment rate in Metro Atlanta has dropped to a mere 8.4%. Previously it was only 8.8%. Labor officials claim the decrease in unemployment rate was the cause of 4,446 fewer layoffs and the employment of 31,606 people. According to the article, Athens has the lowest unemployment rate of 6.4%. Dalton has the highest with 11.2%.
                This article can actually affect our lives. Living in/near the Atlanta area, this percentage includes the jobs our parents may have. Personally it includes me because my dad works in downtown Atlanta. If this rate goes up then it may affect the jobs of people near us and even our parents. Likewise, if it goes down, it shows the improvement of our area and the economy of Atlanta. The economy can affect what goes into our school funding, and thus relates to our everyday life.
                In another way, this relates to the Presidential election coming up. Both candidates have an opinion about the unemployment rates and how to change them. If the new president affects for good or for bad then it can directly affect the jobs of our parents. It also can cause a toll or benefit our economy. Employment rate has a greater effect on us than we even realize.
               

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