In the 1930's US stock market plummeted to an all time low. Although no one predicted that it will pave the way for the
Great Depression, it has forever created a mark in the history of America. Businesses and even banks closed down, people have lost their jobs and the dollar had become worthless. In an instant, US economy plunged at the brink of collapse.
But that was over seven decades ago, U.S. today is considered the
most powerful country in the whole world, both politically and economically. This year, the economy has generated over 211,000 jobs during the first three months particularly in the sector of service like banks, travel agencies retail establishments and the like. The area of construction has also generated a good number of employment to a total of 7,000 d new employees. These figures may signal that US has yet again created a record in the increase of employment since the year 2000.
Although,
US economy is not perfect as it sometimes experiences lags, an economy that is capable of providing good jobs and support for job seekers is better and places people in better condition.
