BizSugar.com › Global › Can Entrepreneurs Still Solve Joblessness And Unemployment in America?

Unemployment in the United States significantly increased starting from the year 2000 Till date, joblessness has been higher compared to what it was prior to the year 2000. This situation may have been caused by many factors including fiscal conditions, worldwide rivalry, training and qualification, mechanization, and population increase. The job creation is no longer commensurate with the population increase. Though massive number of Americans are unemployed, there has been a record of some highly skilled jobs remaining unfilled for months due to lack of adequate manpower to fill the position. The global economic crisis and the subsequent recession alone accounted for loss of about 9 million jobs in the US. The situation has affected many individuals and families as well as the nation’s economy.