Increase in Unemployment Rate: More problems

United States is experiencing a variety of increasing problems as this century grows older. Some of these problems include the global financial problem that has bankrupted many, while many more have lost employment. In October of 2011, unemployment is running at 9.1% according to Government reviews. These reviews indicate that between 1948 through to 2010, the general unemployment rate is put at around 5.7%. While a jump of 3.4 per cent in unemployment does not mean much on its own, when taken as a number in job seeker terms is a massive jump and demonstrates the number of American families in crisis. The US Census Bureau cites that the country's population was just fewer than 312 million people according to the 2010 census. 3.4 per cent equates to 10,608,000 more people than usual out of work in America.

Rarely does anyone consider that automation and increases in efficiency, in efforts to maintain competitiveness between businesses, contributes significantly to unemployment in a negative way. If a business goes from a manual method of a process that reduces the reliance upon workers, then the unemployment rate goes up. As entire industries make steps toward efficiencies, the workforce suffers. Reducing the the median income to a more moderate level can help, but can be considered socialist in it's application.

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