Sample Essay on:
The Effects of Unemployment on Poverty

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Essay / Research Paper Abstract

A 5 page paper which discusses the effects that unemployment has upon poverty. Bibliography lists 6 sources.

Page Count:

5 pages (~225 words per page)

File: JR7_RAunem2.rtf

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Unformatted sample text from the term paper:

range, scraping to survive. But, when we add the reality of unemployment to the economy, the poverty level rises dramatically as more people struggle to gain the few jobs available. In the following paper we examine the effects that unemployment has upon poverty. Unemployment and Poverty In examining how unemployment effects poverty we look at a press release that illustrates conditions in 2000. "The economy grew for the ninth consecutive year in 2000, with the unemployment rate falling to 4.0 percent, its lowest level in more than three decades. The data on poverty and income the Census Bureau released today reflect these developments" (Jaffe; Bazie, 2001; 9-25-01pov.htm). The data demonstrated that the relationship between unemployment and poverty was quite clear considering that the overall poverty rate was actually the lowest seen since 1979, "and tying for the lowest level on record, with poverty rates for African-Americans and female-headed families setting all-time lows and poverty rates for Hispanics, non-Hispanic whites, Asians and Pacific Islanders, and people 65 and over matching all-time lows" (Jaffe; Bazie, 2001; 9-25-01pov.htm). Robert Greenstein, director of the Center on Budget and Policy Priorities, stated that "Last year was a banner year for reducing poverty and shows the strong effect that a four percent unemployment rate and wage growth among low-wage workers can have" (Jaffe; Bazie, 2001; 9-25-01pov.htm). However, even though the poverty rate declined in 2000, 2001 was not expected to see those same increases in employment. "Many economic indicators point to a slowing economy this year. The monthly unemployment rate, which averaged 4.0 percent for 2000, climbed to 4.9 percent by August 2001 and will likely be significantly higher by the end of the year, given the current round of lay-offs" (Jaffe; Bazie, 2001; 9-25-01pov.htm). If we add this to the recent problems ...

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