Recently the economy of the us has been moving at a steady pace the amount of jobs has been growing as well as output accelerating. However productivity has begun to slow down and this hampers the growth of jobs which also stops the growth of the economy. If the economy is not growing then businesses can't hire more workers. Even though the economy has gotten a lot better in recent years as a country we can not afford to go through another economic recession.
As we learned with the great depression economic slumps of any kind can quickly turn into major economic problems. Obviously no one wants to see another recession so hopefully the economy picks up soon and continues to get back on track after the recession that hit us a few years ago.
http://www.usatoday.com/story/money/2015/02/16/slow-productivity-growth/23511151/
Hopefully yeah, nice connection though.
ReplyDelete- Hannah Kalan 6th Period