Archive for the ‘employment’ tag
Just in Time Employment
There is a paradox in the American economic recovery. GDP is expanding at incredible rates, and yet the economy keeps shedding jobs. While the official unemployment figure stands around 10 percent, including worker who are underemployed pushes “the full measure of slack in the labor market closer to 20 percent“. While economists and policy analysts are mixed as to what this means, one certainty is that there will be few gains in employment for the foreseeable future.
Is the problem that there just too much supply in the US labor market, or is there a fundamental change in the way the U.S. handles employment?
