Altenative for Unemployment or Housing Policy Assignment

Altenative for Unemployment or Housing Policy - Assignment ExampleAs age went by, the country was able to provide employment opportunities to an extent to the lot but due to recent cartridge clip out the country got into unemployed good deal. The old seven decades showed the country with unpleasant unemployment crisis. In the form 2009, around 15.6 million of the heap were left unemployed and around one-third of the people were jobless for the past six months. The circumstances were so dire during the same year that approximately 9.3 million people got involved into part time jobs because full-time jobs were not available. In spite of creation of approximately 200,000 jobs in the year 2009 the above smear s coin bank remains the same (Estevao & Tsounta, IMF Working Paper). The employment situation of the USA is quite severe and the government needs to develop strong policies in rank to remove unemployment that has taken a endue in the nation. Moreover, the private sector s atomic number 18 also unable to facilitate jobs in comparison to the number of jobs that are required by the nation. In order to get through the situation of unemployment the nation should provide pecuniary relief to the state. Moreover, it should also provide certain amount of relief to those employees who lost their jobs due to recession by giving them the right job opportunity. Brief Overview of Issue Area The recession that took place in the year 2007 had a massive effect in the employment market of the USA. The number of unemployed people was estimated to be around by 8.5 million in 2007. Huge losses in jobs also continued in the year 2008. The problem of unemployment increased nearly by 750000 per month in the year 2009. The problem of unemployment had a negative effect on the economy of the USA. In the year 2011, there were around 46% of people who were unemployed. The people of America had faced this problem for the next 27 weeks from the time they were unemployed. The a nalysts revealed that there were jobless people specially in the manufacturing sector. There were around 2 million people who lost their jobs since the start of recession, till the year 2010. However, the statistics of labor market related to job availability have increased recently from the past two or three months. The recent data for employment as of the month of April 2012 reveals that the nonfarm payroll insurance policy for employees increased approximately by 115000. On the other hand, the number of people who were without a job had a minimum change of around 8.1%. The problem of unemployment has unequal effects on the economy of the USA. The effect creates a mismatch between the skilled labor force and the need of laborers at various organizations. The number of low-skilled laborers especially those who are studying in schools have increased unevenly (Estevao & Tsounta, IMF Working Paper BLS Bureau of labour party Statistics U.S. Department of Labour, The booking Situati on April 2012 Shimer, Why Is the U. S. Unemployment Rate So Much Lower?). Policy reciprocation The United States Citizenship and Immigration Services (USCIS) is mainly focused on developing the administrative system of Employment Creation Program. The program is mainly known as EB-5. The EB-5 program was mainly developed in order to sponsor the immigration