...the level of employment today, at 129.5 million, is the exact same level it was in 1999. And, during this 11-year span of Japanese-like labour market stagnation, the working-age population has risen 29 million. Contemplate that for a moment; fully 29 million people competing for the same number of jobs that existed more than a decade ago.
David Rosenberg
via Mauldin via The Business Insider
Tax Preparation, Contrarian Financial Consulting, Investment, College & Estate Planning, Debt, Property & Business Consigliere Advisory, Healthcare, Home, Auto & Business Assurance Consulting
2/6/10
How many more are competing for the same number of jobs?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment