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  6. Resilience of the United States Economy ...

Journal of Security and Sustainability Issues

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Resilience of the United States Economy to External Shocks
Volume 13, Issue 1 (2023), pp. 373–381
Bartosz Kozicki ORCID icon link to view author Bartosz Kozicki details   Mariusz Gontarczyk ORCID icon link to view author Mariusz Gontarczyk details   Oktawia Jurgilewicz ORCID icon link to view author Oktawia Jurgilewicz details   Sylwia Zakrzewska ORCID icon link to view author Sylwia Zakrzewska details  

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https://doi.org/10.47459/jssi.2023.13.38
Pub. online: 8 January 2024      Type: Article      Open accessOpen Access

Received
11 August 2023
Accepted
19 December 2023
Published
8 January 2024

Abstract

A multidimensional analysis of one of main macroeconomic indicators, specifically, unemployment, in the United States was conducted and presented in the article. The research covered several groups of dependent variables, such as: the number of unemployed people in total in the United States monthly, along with unemployment rates, CPI indices, and unemployment in respective US states. The evaluation of the conducted research is that from January 2020 to October 2023 there had been a visible decrease in unemployment rates, and their level is similar to the values recorded from January 2018 to January 2020, which clearly proves that the crisis caused by the COVID-19 pandemic has been averted. The analysis method was used in the study, i.e. distribution of variables into prime factors and comparison dynamically in order to detect the regularities occurring in them.

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Keywords
unemployment unemployment rate economic security resilience multidimensional comparative analysis planning

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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