Job Rise Shows Slow Recovery - Literature review Example

Overall, the outlook of the economy is better than it was three months ago; although that does not mean that it will stay that way. The problem for the economy is that it is not improving despite all these new jobs being created. In order for the economy to be affected, there will have to be more significant growth in the job market in the short term. This issue is one that Democrats and Republicans do not see eye to eye on. They both recognize that new jobs have to be created in order to kick-start the economy, but they both have very different views on how to do it.

I think that the unemployment rate will hover close to nine percent in the near future because, although the economy is more stable now, the number of new jobs being created is not enough to help boost the economy back to where it was before the global financial crisis.