Obamas actions
When Obama first took office the unemployment rate was 5.8. Then in 2009 it skyrocketed to 9.3 because we entered the recession. Since then Obama has made multiple efforts to decrease the unemployment rate, such as the American Recovery and Reinvestment act. This helped to create jobs while making the investments we need to create true economic security for the middle class. The Recovery act supported as many as 3.5 million jobs across the country. In his 2014 state of the union address Obama put forward an agenda to expand opportunity for all Americans. This agenda starts with creating more new jobs by investing in American manufacturing, exports, energy and innovation.
Outsourcing
The act of one company contracting with another company to provide services that might otherwise be performed by in-house employees. Often the tasks that are outsourced could be performed by the company itself, but in many cases there are financial advantages that come from outsourcing.
When Obama first took office the unemployment rate was 5.8. Then in 2009 it skyrocketed to 9.3 because we entered the recession. Since then Obama has made multiple efforts to decrease the unemployment rate, such as the American Recovery and Reinvestment act. This helped to create jobs while making the investments we need to create true economic security for the middle class. The Recovery act supported as many as 3.5 million jobs across the country. In his 2014 state of the union address Obama put forward an agenda to expand opportunity for all Americans. This agenda starts with creating more new jobs by investing in American manufacturing, exports, energy and innovation.
Outsourcing
The act of one company contracting with another company to provide services that might otherwise be performed by in-house employees. Often the tasks that are outsourced could be performed by the company itself, but in many cases there are financial advantages that come from outsourcing.