Causes of Unemployment

429 Words2 Pages
The causes of Unemployment Nowadays, the unemployment rate is sky high. The situation is increasingly severe year by year, inducing many individual and social problems. The percent increased from 5.80% in 2003 to 8.20% in 2012. Many college students have to turn to their parents for money because of the financial problems they run into. They can’t afford to stay on their own or to support themselves without a job. Without money going out and being social with friends is also hard. Without a job it causes you to be less social because you can’t go out as much as others. The percentage of being without a job has gone up every year without good outcomes. Many people lose their jobs and can’t afford to keep up with the bills. Houses being bank owned because people can’t pay them no more. Gas prices also go up and being unemployed cant cause people to have to walk, take a bike, or the bus to get around. The cause of being unemployed are always the stress of looking for work again. The percentage also goes down when people stop looking for jobs they end up off the unemployment list by the government. Education is also a way that students fall into finiancal problems. The parents are always the ones who end up with less money because they have to run to the parents to pay what they cant afford. Being unemployed and attending college can put a toll on many students with the same problems. College students have many bills to pay and it causes a lot of stress when it comes to being jobless. Tutions are expense as it is and having many other expenses to pay make it more difficult to focus on school. At the end it makes a hole in parents pockets. Social problems also come as a problem when being unemployed. When friends and family go out to the movies or to eat it becomes difficult to be a part of that with no money. When going out you need money and with no money it
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