- How the Unemployment Rate Affects Everybody https://www.investopedia.com/articles/economics/10/unemployment-rate-get-real.asp
This article states how the unemployment rate affects everybody. This article points out that the unemployment rate is defined as the percentage of unemployed workers in the total labor force. Unemployment negatively affects the usable income of families, consumes acquiring power, reduces employee confidence, and reduces an economy’s output. This article also points out why the unemployment rate matters. According to the U.S. Bureau of Labor Statistics (BLS), when workers are employed, their families lose wages, and the nation as a whole loses their contribution to the economy in terms of the goods or services that could have been produced. Unemployed workers also lose their purchasing power, which can lead to unemployment for other workers, creating a tumbling effect that ripples through the economy. With this, unemployment even impacts those who are still employed.
- Global Unemployment Crisis; Wage Inequalities Rising
https://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_008083/lang–en/index.htm
This article presents the unemployment statistics around the world, developing economies, transition economies, boosting non-inflationary growth, trade, technology, and globalization. A new report by the International Labour Office (ILO) says that nearly one billion people around the world, approximately 30% of the entire global work force, are unemployed or underemployed in industrialized and developing countries alike. The ILO believes that nothing short of a renewed international commitment to full employment is required to reverse the poverty, unemployment and underemployment now prevailing in so many parts of the globe. This report calls for economic reforms, in order to achieve macroeconomic stability and begin generating an “environment conducive to high savings and investment and the efficient allocation of resources” in order to permit developing countries to “benefit fully from expanding trade and investment flows in the global economy.”
This is a start but you need to do a lot of work before these are done. Here are some things to think about:
1. The citations are incorrect. You need to look up MLA citations–go to Purdue OWL to see that information: https://owl.purdue.edu/owl/research_and_citation/mla_style/mla_formatting_and_style_guide/mla_formatting_and_style_guide.html
And then use Citation Machine or EasyBib to help you format. I think you can also sues Purdue OWL to format.
2. In addition to summaries each annotation also needs your analysis (which includes your opinion and information about the genre, purpose, audience of the piece) and each annotation also lists quotations form the source.
3. I’m not sure these sources are credible. You need to google the authors, producers, organizations, and/or publishers that create them. And this will help you figure out the credibility.