In October U.S. employers added 161,000 jobs which is a decent amount for only one month, and the unemployment rate dropped down to 4.9 percent from 5 percent. The Labor Department states that the average hourly pay took a leap forward making last month higher by rising 10 cents an hour to an average $25.92. That makes it a 2.8 percent higher increase than a year ago, this will be the biggest 12-month increase in seven years. The increase in hourly pay follows a substantial increase last year in earnings for the typical household. The economy appears seems to be finally delivering widespread raises after years of partially no pay gains at all. The unemployment rate nearly at healthy levels, and businesses are more likely to try harder to bring in more workers. This relates to AP Gov because the economy is an important part of government and with a better economy comes a chance for a better nation.
By creating more jobs it will have a positive impact on the nation but mostly the economy. With the unemployment rate dropping that means there are more jobs being created and less people being jobless. There would only be good consequences because say if the jobs per month only increase over time the unemployment rate will drop significantly drop and the U.S economy would only proceed to benefit from it. My opinion on the matter is if that the unemployment rate will stay the same for a while because people do lose jobs, and their are people who are to lazy to find a job as well. With that being said those people not not working and losing jobs would only cancel out the new jobs being created and the unemployment rate will just continue to stay the same . Also that the jobs will need to increase pay due to inflation
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