Unemployment and possible solutions

In the current time period, more then 7.7% of people are unemployed. Although the united states added two million jobs at the end of the last year, it is not enough for this problem to be solved. A major problem in united states these days is unemployment. Government is doing there best to solve this issue, but here are some solution that government might not see, and it would help someway to solve this problem. Change in economy governed by the law of supply and demands because the unemployment, which means government should increase investment and spending on business, bring job retraining programs, link education with opportunity.

First of all, the government spending have more direct and indirect effects on the business; many businesses are depending on government spending for there revenue and profit. For the business that supplies service to the public sector, for example, a construction company that builds the repair the road network. It development computer system for the public sector organization, government should invest a lot on this so they can create jobs. When businesses spend money on work like construction and it is development, they need employ and the more the government spending on this firm, more the employee needed for the work. This may increase the employment rate.

Secondly, the government should bring job retraining programs. Providing job retraining for the unemployment lay off, and dislocated worker can encourage and help them find the job where they can fit into. This training is also helpful on psychological level because many unemployed people become depressed when they cannot find the job and consequently they will quit searching for job and become a discouraged worker. This program can train unemployed people and help find job which matches their skills and education, this could play an important role in bringing job back.

Lastly, the education plays an important role in creating jobs. Our country should find their paths for building and reforming education and training systems or promoting youth employment. High quality education had long term implications for human capital growth and economic growth. The Government should find the way to encourage people to at least attending few year of collage and disqualified to go to school. If government works on these three, increasing investment on work, bringing job retraining program, and linking education to opportunity, in my opinion, it will be a very important step to recover from the major issue of unemployment in this country. If not, then consequently people will be unable to meet their financial obligations, and this may lead to decline their standard of living.