Paradise in Puerto rico

Paradise in Puerto rico

Tuesday, September 28, 2010

Jobs after the recession!

As I read the September 25Th publication of Newsweek Magazine, I found this interesting report from Rana Foroohar ( http://www.newsweek.com/2010/09/25/new-jobs-are-twhere-the-workers-are.html ) where she declares that "The Great Recession that began in December of 2007 offically ended in June of 2009". This came as part of  the news flash of last week from the National Bureau of Economic Research.

But more interesting to me were the facts shared about the unemployment crisis and how much influence politics of the times play in the numbers; and the social implications that go in hand with the situation. As explained, there are political presures to delay the hiring process in certaing regions of the country(or the reports of good trends) in benefit of political candidates looking to unseat incombents from power. Three fields are carrying the bigger hit to the economy, construction, manufacturing (automotive sector) and finance but sectors related to health and education are growing strongly!
 As the reporter made the point to suggest that the GOP (being in full campaing) will stall on any plan from the administration to create a bank infrastruture that will help allocate skillful and retrained workers to available jobs; the point is clear that the unemployed workers live elsewhere from were the employments are! In clarifying, Rana mentions that "there are plenty of jobs in places like DC, South Carolina; North Dakota; and Luisiana. But the unemployment in Nevada, Michigan, California and Florida can't afford to take them."

No comments:

Post a Comment