May 5th: Low Unemployment, High Expectations

This morning, the Labor Department released statistics regarding job growth and unemployment rates for the month of April. Job growth was up by 211,000 jobs last month, while unemployment dropped to 4.4 percent, the lowest it has been in nearly a decade.

While a low unemployment sounds like great news for the average American, and more jobs means more opportunities, the time is quickly upon us to begin to wonder what the ramifications are going to be for the citizens who used the November election to ensure that their voice was being heard. For many in this country, times have been hard, and a status quo wasn’t going to be acceptable for turning around the fortunes that left too many Americans struggling to make ends meet.

In an NPR report this morning, it was noted that growth in technology fields have helped to show that boost in the economy, while brick-and-mortar retail stores have been struggling to keep up with online sales. This demonstrates an opposite side to the coin, regarding average Americans. While growth is growth, and generally a positive, growth in the technology field tends to help the highly educated generally better-off in society, while retail opportunities generally tend to be the place where those in need of immediate help turn. In that regard, not all growth is considered equal, and results in a multitude of different ramifications, depending on who is being assisted in any given moment.

The public has been asking for the government to take interest in their affairs for a long time. They expect to see quick results, and an immediate impact on their own lives. While statistics like the ones released today spell an initial success for the job market and for the Department of Labor, it remains to be seen whether or not the day-to-day lives of Americans are going to be changed for the better.

 

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