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Understanding Unemployment

george-massey
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Understanding Unemployment

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  1. The goal of this presentation is to help students learn key concepts related to unemployment through the use of video and audio that highlights our current economic situation in relation to the Great Depression. The use of pictures is meant to help students develop empathy; considering the effects of unemployment on diverse groups of people in our society. This presentation is to be used as a learning center. Students should work in cooperative groups to evaluate the content of this presentation, and then individually reflect on the importance of being an informed citizen and understanding economic indicators. Understanding Unemployment Fall 2009

  2. PA Academic Standards Language Arts • Read Critically in All Content Areas • 1.2 A – Read and understand essential content of informational texts and documents in all academic areas. • Research • 1.8 B – Locate information using appropriate sources and strategies. • 1.8 C – Organize, summarize, and present the main ideas from research. History • Historical Analysis and Skills Development • 8.1.12 B – Evaluate historical interpretation of events. Economics • Economic Systems • 6.1.12 C – Assess the strength of the regional, national and/or international economy and compare it to another time period based upon economic indicators. • 6.1.12 D – Describe historical examples of expansion, recession, and depression internationally.

  3. Imagine being unemployed… Click Here… Unemployment during the Great Depression

  4. Will this be Depression 2.0? Click the video recorder on the right to view a video clip about life during the Great Depression. At that time, American faced incredibly high unemployment. Many people were homeless, jobless, and hungry.

  5. How many Americans is unemployment a reality for today? Click here to view the evolution of the unemployment rate at the local, national and global level…

  6. Our Current Situation, explained Podcast 3-2-1 transcript

  7. Review of basic concepts…

  8. Measuring Unemployment Unemployment Rate • Represents the number unemployed (jobless) as a percent of the labor force. • Calculated by a monthly survey of 50,000 households. Number of persons unemployed Civilian Labor Force

  9. Full Employment versusUnemployment Full Employment “jobs for all that want them” • Not “zero” unemployment…why? • Some people are always between jobs • Some people just do not want to work! People 16 or older who… Who is Unemployed? OR someone who just got laid off / lost their job.

  10. Limitations of the Rate • Underestimates employment conditions • Does not count ‘discouraged’ workers • Includes those with part-time jobs who could be “Underemployed” • Someone who graduates from MIT with an engineering degree, but can only find a job as a shelf-stocker at WALMART would be considered “underemployed.”

  11. Gaps in the Unemployment Rate Was your group perception of gaps in unemployment accurate?

  12. Reflective Activity • fWill the economy stimulate employment? • Click here to view the reaction from the White House to the August unemployment data. • When you are finished, discuss the essential question with your group members and then click here to complete a personal reflection on today’s activities. Essential Question

  13. Current Employment SituationBureau of Labor Statistics Delaware County, June 2009 7.8% Delaware County, June 2008 5.1% National Averages… Sep Nov Jan Mar May Oct Dec Feb Apr …Around the World

  14. Unemployment during the Great Depression… Across the U.S., the unemployed stood in the streets; unable to find jobs and wondering how they could feed their families. Large population of unemployed, in desperate need of work and looking for jobs.

  15. Will This Be Depression 2.0?

  16. Individual Reflection • Write a 3-5 sentence summary detailing what you learned during today’s activity. • Why is an understanding of the health of our nation’s economy important to you? • After viewing the multimedia today, what questions or concerns do you have about the current economic situation?

  17. Citations • Adams, N (Producer). (2009, September 4). August Unemployment At 26-Year High [Audio Podcast]. All Things Considered. Retrieved from http://www.npr.org/templates/story/story.php?storyId=112566449&ft=1&f=1006 • Benincasa, R, & Hsu N (2009). Interactive Map: The Economy Where You Live. NPR, Retrieved from http://www.npr.org/templates/story/story.php?storyId=111494514 • Bureau of Labor Statistics (2009). Employment Situation Summary. United States Department of Labor, Retrieved September 10, 2009 from http://bls.gov. • Bureau of Labor Statistics (2009). Frequently Asked Questions. United States Department of Labor, Retrieved September 10, 2009 from http://bls.gov.

  18. Citations • Bureau of Labor Statistics (2009). Glossary. United States Department of Labor, Retrieved September 10, 2009 from http://bls.gov. • Example 2: Percents -- Unemployment Rates. Discovery Education.(2007). Retrieved September 10, 2009, fromDiscovery Education: http://streaming.discoveryeducation.com/ • Hilsenrath, Jon (2009, September 4). Men Suffer in Jobless Figures [Video]. Video posted to http://online.wsj.com/video/men-suffer-in-jobless-figures/5DE39062-C744-4C37-9993-13F4CA37187F.html. • Luo, M (2009, September 7). Faces of the Uncounted Unemployed [Multimedia Slideshow] from Out of Work and Too Down to Search On. NYTimes.com, Retrieved from http://www.nytimes.com/slideshow/2009/09/07/us/0907WORKERS_index.html

  19. Citations • Quality of Life Deteriorates Across the Country While Families Fall Apart. Aims Multimedia.(1984). Retrieved September 10, 2009, fromDiscovery Education: http://streaming.discoveryeducation.com/ • Rampell, C (2009, September 4). Teenage Unemployment Reaches Record High. NYtimes.com, Retrieved from http://www.nytimes.com/2009/09/05/business/economy/05teen.html?_r=1&scp=2&sq=unemployment%20rate&st=cse • Romer, C (2009, September). White House Reacts to Jobs Report (CNBC) [Video]. Video posted to http://video.nytimes.com/video/2009/09/04/business/1247464397527/white-house-reacts-to-jobs-report-cnbc.html. • All images retrieved from the Franklin D. Roosevelt Library, courtesy of the National Archives and Records Administration, http://www.archives.gov/.

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