How do you bring down a high unemployment rate?

Answer by  MARYG (80)

Across the board tax cuts is the only sensible way to nudge employers to create new jobs...The new taxes generated would boost the economy.

Answer by  tamarawilhite (17883)

Lower the minimum wage to what it was several years ago, at 7.25 an hour. As wages come down, it will be cheaper to hire more people instead of automating or outsourcing the work.

Answer by  Pam84 (330)

It is time to bite the bullet! We must stop the gush of over-spending. It will be painful and more unemployment will be the initial respose, however, without taking action, this enoumous debt could spiral down into something much worse than just a high unemployment rate.

Answer by  Vladlen (358)

Simple answer to this question would be to stimulate new business to open. With new business opening more people would get jobs, so more people would spend more money, what in return would stimulate new business.