Although recent numbers of the unemployment rate in the United States have progressively gotten better since the recession last hit, according to the article, jobs created in early 2012 paid less than those created in 2011. In fact, there is a net loss of about 310 million in tax withholdings. Furthermore, the quality of jobs has significantly decreased in the last few years, and is acting, according to many economists, as a large hinderance to the recession recovery underway.
However, things are not as bad as they may sound. According to statistics provided by the US Bureau of Labor Statistics, the US added 750,000 jobs in the first few months of 2012, adding more than 100,000 jobs from 2011.
http://www.foxbusiness.com/economy/2012/04/13/data-says-quality-us-jobs-declining/
1 comment:
It is great to see that unemployment is getting better but it is still unfortunate to see that it is not as good as we had hoped it was getting. I know this is a big concern for all of us seniors so hopefully the unemployment and job availability issues continue to get better each day.
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