Eco372 Week 3 Team Tutorial Imagine That Your Learning

Current State of U.S. Economy: UnemploymentThe U.S. economy just like other world economies is, affected, by critical factors such as unemployment. To, therefore, deal with unemployment, the U.S. government has come up with practical policies that it deems fit to reduce the level of unemployment in the United States. According the findings of the Bureau of Labor Statistics, the current rate of unemployment in the United States stands at five point four percent as of April 2015. The rate of employment increased in the month of April as at least 223, 000 Americans got jobs in both business and health care. Construction also surfaced as a very critical sector that also helped the U.S. economy offer employments to the youth. The total number of unemployed people in the United States stands at eight point five million people according to the findings (Hazlitt 1979).The U.S. economy in terms of supply and demand holds, a bright future, as more U.S. goods, is being, consumed across the world. The demand for U.S. goods and services increased last year. According to Labor statistics, the business world contributed significantly in terms of creating job opportunities for Americans, due to the increased of American products and