Unemployment rates have been an issue in our economy for a significant amount of time now. U.S. employers, however, have been making strides, especially in the month of February, when unemployment jumped down from 5.7 percent to 5.5 percent, according to The Wall Street Journal.
This past February, 295,000 jobs were added to the U.S. economy, which helped us to decrease the unemployment percentage. This is excellent to see, especially from a college students’ perspective.
As we attend school, where we will end up after school is a frightening thought. We are told to join the nation’s workforce and to avoid certain careers, even if it is something we are interested in.
It makes it a little less stressful to see that there is an increase in jobs. Though the wages stayed consistent with just a 0.1 percent increase last month, it is still better than having a decrease in jobs and wages.
This increase in jobs is the positivity that people in our society need to see. It is disappointing to see a decline in our economy. This will only increase the nation’s optimism about jobs and the future. For so long, we have been disappointed with the decrease of jobs and wages along with the increase of layoffs in companies. Perhaps we are on an upward spiral and will make it out on top.
Doug Castro, a freshman at Oswego State, said he felt encouraged by the decrease in unemployment.
“We are taught as college students that jobs won’t be waiting for us right out of college,” Castro said. “This makes our chances for finding a job a lot better.”
It is refreshing to see our economy going in the right direction. In 2008, many families were affected by the delicate state of the economy. The thought of not knowing if a bill will be paid on time is a scary one, to say the least. Now, families can take advantage of the extra opportunity and worry less about money.
Increase in employment is one big step forward in our economy’s health. As a nation we will hopefully continue to move forward and soon have even higher wages. We no longer have to fear the possibility of not getting a job.