An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.
Friday, July 2, 2010
7.9 million jobs lost, many forever
In the July 2, 2010 CNNMoney article "7.9 million jobs lost, many forever," Chris Isidore reports that many of the jobs lost recently will not return.
Theirs a lack of understanding when it comes to jobs and employment. The factory jobs are going away some to china others because of the increasing use of technology. The problem is theirs no effort to single out just what type of jobs are needed and the skill sets necessary to perform these new jobs. Woman tend to work in white collor jobs or service jobs men tend to work in both service jobs white collar jobs and blue collar jobs. Many companies would not think of hiring a man as a customer service rep but would gladly hire a woman for such a job.
Theirs a lack of understanding when it comes to jobs and employment. The factory jobs are going away some to china others because of the increasing use of technology. The problem is theirs no effort to single out just what type of jobs are needed and the skill sets necessary to perform these new jobs. Woman tend to work in white collor jobs or service jobs men tend to work in both service jobs white collar jobs and blue collar jobs. Many companies would not think of hiring a man as a customer service rep but would gladly hire a woman for such a job.
ReplyDelete