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The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
The great recession
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The great recession

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  • 1. “The Great Recession”<br />
  • 2. It would take 10.6 Million jobs created to reach the employment figures from before the recession<br />150 thousand new employees enter the working age population each month<br />Manufacturing, housing, and construction have taken the largest losses<br />Banking and finance is expected to shrink by 30 percent over the next two years<br />8 million jobs lost<br />
  • 3. We have the same number of manufacturing jobs as we did in 1940 due to the recession.<br />
  • 4. Unemployment: Before/After Recession<br />
  • 5.
  • 6. Under employed and not seeking employment<br />People working part-time or in other fields bring the actual under employed rate to 18 percent<br />Discouraged workers that stop seeking employment and have exhausted all their unemployment insurance<br />
  • 7. Who has been hit hardest by the recession?<br />
  • 8. High School dropouts have highest rate of 21%<br />High School graduates without college 14%<br />College graduates (Associates degree) 10%<br />College graduates (Bachelors degree) 5%<br />Unemployed over 25 years of age<br />
  • 9. What should this last statistic tell you?<br />
  • 10. Go to college and finish your degree!<br />
  • 11. Or you could end up getting laid off.<br />
  • 12. Divorce rates go up<br />Government assistance is up to 12% of population<br />Negatively effects taxpayers and gov’t debt<br />Suicides rise<br />Consumers stop spending<br />Businesses stop hiring <br />Economic confidence drops<br />Effects of unemployment<br />
  • 13. Did you know?<br />
  • 14. 12 percent of our population is on food stamps! That’s 34 million people!<br />
  • 15. Childhood poverty rates were bad before the recession.<br />
  • 16.
  • 17. Now the rates are unprecedented for our country.<br />West Virginia carries one of the highest rates in the U.S.<br />The Southern states also lead in this category<br />
  • 18. 16 percent of households with children experience food insecurity<br />50 percent of families who rent spend 30 percent of their income on housing<br />Compared with white children, Black and Latino children are twice as likely to experience economic hardship<br />17 percent of poor children lack health insurance<br />What are some of the economic hardships faced by our children?<br />
  • 19. What can we do to change things?<br />
  • 20. Create more jobs. But our government is stumped…<br />
  • 21. And the private sector is unsure when spending will pick up<br />
  • 22. Who is hiring?<br />
  • 23. HEALTHCARE<br />
  • 24. FEDERAL GOVERNMENT<br />
  • 25. EDUCATION<br />
  • 26. Americans will persevere through hard work and determination<br />Economic confidence will need to be restored<br />Congress will have to agree for once, on both sides of the aisle<br />Re-training of unemployed workers for fields in high demand<br />Return of manufacturing jobs<br />Road to Recovery<br />
  • 27. Increase in Education<br />We must shift focus to improving our education system<br />Improved education system will lead to more highly skilled workers when its time to enter the workforce<br />New focus on Vocational skills for students not seeking college. <br />Blue collars jobs such as welding, electricians, masons, plumbers and carpenters will be in high demand going forward<br />

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