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WHERE US ECONOMY IS HEADING?
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WHERE US ECONOMY IS HEADING?
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About "WHERE US ECONOMY IS HEADING? " topic:
In this article we will try to figure out the true picture of US economy through some prime indicators and the probale ways by which US economny can try to come out of the dark woods.We will try to find the trend,analyse and foresight the future of the US economy.
The unemployment rate rose from 9.8% to 10.2% in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10% in 26 years. In the coming quarters we will find many more job losses backed due to low economic growth and manufacturing process.
Rising unemployment has many effects on the economic growth of the country.
1. It not only place more pressure upon the benefit system, but with more and more funding required to keep the economic heart beat going on.
2. It reduces taxable income resulting less revenue for the government. This increases the fiscal deficit of the US economy.
3. It also has an impact upon spending within the economy as
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http://ianalysis.blogspot.com/2009/11/bleaker-veiw-of-us-economy.html
The unemployment rate rose from 9.8% to 10.2% in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10% in 26 years. In the coming quarters we will find many more job losses backed due to low economic growth and manufacturing process.
Rising unemployment has many effects on the economic growth of the country.
1. It not only place more pressure upon the benefit system, but with more and more funding required to keep the economic heart beat going on.
2. It reduces taxable income resulting less revenue for the government. This increases the fiscal deficit of the US economy.
3. It also has an impact upon spending within the economy as
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The unemployment rate rose from 9.8% to 10.2% in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10% in 26 years. In the coming quarters we will find many more job losses backed due to low economic growth and manufacturing process. Rising unemployment has many effects on the economic growth of the country. It not only place more pressure upon the benefit system, but with more and more funding required to keep the economic heart beat going on. It reduces taxable income resulting less revenue for the government. This increases the fiscal deficit of the US economy. It also has an impact upon spending within the economy as more a...
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