Recovering The American Dream

The U-3 is the best known, and the most commonly used unemployment statistics from the Bureau of Labor Statistics (BLS). It calculates the U.S. unemployment rate by taking the total number of unemployed persons and dividing that figure by the total number of persons in the civilian labor force. The civilian labor force is composed of all persons above the age of sixteen, who are not serving in the military, who have employment (or who are actively seeking employment). What the BLS leaves out in the U-3 is the body of people whom they call discouraged workers. They are those who used to be included in the civilian labor force, but lost their jobs and ceased their search for new employment. The federal government’s calculation that includes our nation’s discouraged workers in the unemployment rate forms what is called the U-6. Also calculated in the U-6 are people who are working at part-time jobs but desire full-time work. Using both the U-6 and the U-3 is a far more substantial means of acknowledging our true unemployment rate.

The Depression was a gruesome time where people had worked relentlessly to survive. Unemployment today is as severe as it was in the 1930s, the unemployment rate of today is nowhere near the unemployment of the Great Depression. A pair of economists with the Federal Reserve Bank of Dallas created report called “A Historical Look at the Labor Market During Recessions”. The report is a graph of the WWII Recession, showing that the unemployment rate of a few years ago has past the unemployment rate of the WWII Recession. In 2008 the authors wrote the Unemployment Rate, it’s a report that describes the recessions of the past to the years of 2006 to 2011. The most of the recessions are above or near the average, but the highest recession is the Great Depression.

David Kamp's 2009 Vanity Fair article "Rethinking the American Dream" focuses on the general perception of the ‘American Dream’ and how it has evolved throughout our nation’s history. It clearly states that as the average American household's lifestyle has become more and more consumer-oriented, the original spirit that invigorated and united its people from the age of western expansion to the Great Depression has begun to fade. The dream has been dampened as the vision of "success" has become more focused on gaining material/getting rich quick, rather than working hard all throughout one’s life to attain what they want and desire.

Beginning with unemployment in the 2007-2009 recession, U.S. unemployment rates peaked at 10% as well as held 41 consecutive months at rates higher than eight percent (Lazear 1). The U.S. economy plummeted during this time; many attributed the shift to a large decrease in the number of employed workers. To be able to better understand the unemployment issue, we must first examine the form of unemployment faced by the U.S. economy. Many believe that the changes faced by the U.S. labor market

Unemployment in the United States fell to 8.1% from 8.3% in July. U.S. employers are said to have added 96,000 jobs in July (KSL News, Sept) . According to reports from the department of workforce services the

Does being American mean that you’re an American citizen, or does it mean that you have the same rights and decisions as someone who is a successful American citizen? These decisions include choices you make in order to better yourself in life, whether it has to do with your choice in career, or what you want to do in life. Making decisions, and having choices comes with freedom, as a person, and that reflects on being an American everywhere in the world, even though you’ve never been in America. To be an American means that you have the freedom, and rights to do what you want, be who you are, and be/ become who you want. This right of having the freedom to do what you want, can be elaborated by someone’s life chances.

Research conducted by Sandra L. Hanson and John Zogby concerning shifting attitudes toward the American Dream states, “lack of thrift, effort, ability, motivation, and self-control are the most popular explanations for poverty among Americans” (Hanson 571). Such explanations demonstrate the growing issues that help to create the darkness of the American Dream. In placing such an emphasis on achieving success, the American Dream belittles those unable to achieve it and allows no room for failure. Though some individuals may work hard their entire lives, they may never find the material success that others such as Ben or Charley do. Even in the case of characters who have worked their entire life, such as Willy, the lack of tangible, material success creates a false idea that they did not do enough or did not work hard enough. Concerning Willy’s career and life, Ben states, “What are you building? Lay your hand on it. Where is it?” (Miller 1271). This statement pushes the misconstrued idea that whatever success one has achieved needs to be tangible and seen, which is not always the case. It can be argued that by the end of his life, Willy had found success. Linda’s proclamation that they were “free and clear” after having finally paid off the mortgage furthers this argument (Miller 1298). Out of debt, and with the comfort of a devoted wife and loving sons, Willy had achieved a life that many can only dream. However, because he and others do not recognize love and happiness as

When the phrase “American Dream” is uttered, it is typically associated with having money or striving to have money. The dream of much of the public is to have money and to be able to purchase anything they desire whenever they want. For some, this dream is not about money, but it is about having the opportunity to better his or herself and his or her loved ones. In either case, there are certain circumstances and obstacles that make this dream increasingly difficult to attain. Some would even be willing to argue, the American dream is unattainable. “American Dream” is defined as the concept of every citizen of the United States having an equal opportunity to achieve success and happiness through hard work, sacrifices, and risk-taking (Fontinelle);

Many years ago today, the United States of America was the prime example of prosperity and opportunity. It established America with the idea that its citizens would be guaranteed life, liberty, and the pursuit of happiness. Today, it is true that people have liberties and are free to pursue happiness. However, in recent years, in the worst recession since the Great Depression. Unemployment, growing economy inequality, and medical care have skyrocketed. Despite the odds, the American Dream is still a goal that many people strive for and hope to reach. In fact, an essay written by Brandon King, The American Dream: Dead, Alive or on Hold? He says, “the American dream is a dream in which life should be better and richer and fuller for everyone, with the opportunity for each according to his/her ability and achievement…” (King 610-611). Therefore, the problem with the American Dream lies not within the dream itself, but within the means people pursue to attain this dream.

Throughout the vast country that is the United States, many people, unique as they are, have one common goal and want that is the same. For lots of those individuals, that goal is just to get around the immense amount of challenges that one day brings upon them. For many, they will do whatever it takes to provide financially for themselves and or their family, in an attempt to build supportable and desirable lives. This concept is known as the American Dream. In Barbara Ehrenreich’s, Nickled and Dimed and John Steinbeck’s Of Mice and Men, the American Dream is an everlasting concept that is perceived differently by both of the book’s main characters. Although these two pieces of writing were written in different eras, the characters

Is the american dream still possible and was it always possible for everyone the american dream was this great idea that everyone can retire at a certain age always have a job. And not matter what race or country you come from or what you looked like but it wasn't always like this and still isn't.

Throughout the novella “Of Mice and Men,” by John Steinbeck, a number of themes are developed such as the American dream, friendship, and loneliness. The American dream is developed especially well all through the novella. Right from the start, the reader gets a feeling that the American dream will play a large role in the plot of this story when George and Lennie are being chased, “‘I remember the rabbits, George.’” (4), then developed a little as George tells Lennie about the rabbits “‘With us it ain’t like that. We got a future.’” (14). The theme of the american dream is forgotten towards the middle of the book as other themes are developed, but is picked up later after Lennie kills his mutt on accident and tells Curley’s wife; “‘Coulda been in the movies, an’ had nice clothes…’” (89). The American dream finally ends for George and Lennie in the end, “‘And i get to tendd the rabbits.’ … And George raised the gun and steadies it … He pulled the trigger.” (105-106).

The "American Dream" is an idea that has always been different throughouttime. It changes in diverse forms and in the end involves success. The "American Dream" was a phrase used by the American people and peoplewanting to become American. It was always the idea that you can become a success. This is true in a partial way, but the true "American Dream" is that with somework and determination anyone can build themselves up in the economic classsystem.

The United States is currently experiencing a slow recovery from the recession of 2008-09. The current unemployment rate is 7.7%, which is the lowest level since December of 2008 (BLS, 2012). However, this rate is believed to higher than the rate that would occur if the economy was operating at peak efficiency, and it is also believed that there are structural issues still underpinning this performance. For example, the number of Americans who have exited the work force as the result of prolonged unemployment is believed to be higher than usual. In addition, the Congressional Budget Office (CBO, 2012) notes that long-term unemployment of greater than 26 weeks is at a much higher rate than normal, which will have adverse long-run effects on the economy, since workers with long-term unemployment often find their career paths derailed.

Unemployment has always been something that Americans have worried about since the great depression in which one in every four people was unemployed. High unemployment has an impact on every one even those whom are still currently employed. For example if the unemployment rate is particular high then even those with jobs get worried. Unemployment is also separated in to distinct categories base on which group is the focus of the study. The categories can be by race, age or location, for example the unemployment rate of those between the age of sixty and sixty-five could be compared those between the ages of thirty and thirty-five. These categories allow economist to see which groups are the best and which groups are worst off. One group