Sunday, February 7, 2010
Falling Flat: More evidence that America is Experiencing a Jobless Recovery
I just thought this was an interesting article to show how the US economy may be experiencing a recovery which is not reflected in a recovery of the job market. I think this may validate reports on how certain jobs will never return, even when the economy does recover. Nonetheless, all is not loss as it is during this time that the economy will produce other new jobs and become more efficient.
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2 comments:
I do not see any other evidence of certain jobs not ever coming back other than this one article, therefore I am a little skeptical to take this information as a fact.
It is arguable that the US will not see many manufacturing jobs return, due to the lower costs of labor and more relaxed regulations in other parts of the world. The US' "jobless recovery" may be in a large part an outcome of our transition from an industrial to a service economy.
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