The Unemployment Trend Of The United States Essay - 981 Words

I will first discuss the unemployment trend from 1988 to 2010 using the article by Marios Michaelides and Peter R. Mueser titled Recent trends in the characteristics of unemployment insurance recipients. They wrote that, â€Å" Data from the Benefit Accuracy Measurement (BAM) program indicated that important changes in the composition of the unemployment insurance (UI) population took place from 1988 through 2010; changing shares, by gender, race and ethnicity, age, education, industry, and occupational status, reflected changes in the composition of the unemployment and in the UI takeup rate†. Their article also wrote that â€Å"[Their] [f]ocusing on the composition of the UI population by major demographic and job characteristics—gender, race and ethnicity, age, education, industry, and occupational status—it uses data from the BAM program, established by the U.S. Department of Labor to monitor calculations of UI eligibility and the provision of benefits by st ates.† I will use these trends to show how they relate to Mississippi in the O-S-R-O-R model because even though their focus was on the United States as a whole certain aspects relate to Mississippi and its recent trends on unemployment and its benefits. O-Orientation in the Model In the following chart from Michaelides and Mueser it shows the unemployment rate which you can see have increased overtime. As stated by Michaelides and Mueser in their article, which relates to this chart, that â€Å"In this section, data from theShow MoreRelatedA Study of the Macroeconomic Indicators1438 Words   |  6 Pagesconsumer price index (CPI), the unemployment rate and the interest rate, and the countries are the United States of America, the United Kingdom, Canada and Japan. 1. Output and growth For all of the four countries, the evolution of the gross domestic product throughout the past recent period is similar. Having followed a relatively stable growth trend, all states were dramatically impacted by the economic crisis in 2008. 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