Raising Unemployment Rate

Ellijah Espinosa

2/16/2015

Macroeconomics

Mr. Langford

The Raising Unemployment rate

The unemployment rate fluctuates in time periods within all different economies. When this happens there is an increase demand for money so many individuals start filing for unemployment benefits. Along with this, is the demand for many applications that are needed to be filled out. This article addresses the total unemployment of the United States; and the effects the heightened unemployment rate. In one week the amounts of applications were in the 25,000 and jumped to 304,000. At first, to view these statistics is a little alarming, but we are told the major jump was caused by “seasonal unemployment” which is a normal thing for a significant amount of people to be out of work for a season. Another reason is because the offices to file for unemployment benefits