Increasing Joblessness Will Be Impacting Severely On US Economy And Politics

Currently, if there’s one thing that’s worrying the world’s influential leaders, then it’s a coronavirus and its impact on their country. The Trump administration got lots of criticism from some people for implementing lockdown lately, which increased the cases of coronavirus significantly. Now, these numbers are soaring every day that has severely impacted on the jobs of ordinary American citizens. Now experts are saying that the increasing number of jobless people will effect on the country’s economy and politics for a long time.

Many companies who have lost their primary source of revenues during this pandemic situation are trying to recover theri cost by letting go of their staff. The number of unemployed people is at its highest peak since the great depression era. The Trump administration is getting advised not to let older adults who are aged above sixty since they are at the highest risk of getting diagnosed with the novel coronavirus. Young folks who will be graduating soon will be out of the jobs about which they might not have ever imagined.

Things are getting changed quickly because many companies are relying more on machinery stuff than manuals now. The pandemic situation has shown a dark side of our economic system might work if things get harder. Tech companies are already telling their workers to work from home since it would be better for the health of themselves, and would save the right amount of money for big companies.

However, these changes, which are impacting severely on the economy, will leave its impact on political parties also. The government administration which was looking forward to making big campaigns to win the general election will have to work hard to make sure everyone’s healthy and safe. Currently, the political environment is quite more toxic than it was the era of the great depression.