Macro Economics Wall Street Journal Article Essay

Macro Economics beleaguer Street Journal Article - Essay ExampleIt could not however be fully associated with high future income or enrollment in schools (Da Costa Wall Street Journal). The lives and welfare of these deprived groups in America were however changed for the better.The macroeconomic value of the Summer Jobs Program for the Poor Youth is nearly linked to the economic theories of Business Cycles and Unemployment. Investing in the summer jobs programs for the disadvantaged youths led to changes in the cycles of line of reasoning and unemployment in America. Unemployment, which is a major factor affecting the new-made population in America is importantly reduced as more youths get opportunities for employment. Increased income and savings will see more young people venture into individual business sector investments. Resultantly, more cycles of business will arise. The underlying assumption is that by being part of the active production, these disadvantaged youths low er their risks of imprisonment and death. Lowered cases of imprisonment and mortality advert an increased labor force provided by the prime-aged population and hence higher productivity. The economys business cycles and unemployment trends will, therefore, be