Tuesday, May 31, 2011

Better than nothing

How much growth should we expect before we let ourselves be optimistic?


http://www.economist.com/blogs/freeexchange/2011/05/americas_labour_market
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3 comments:

  1. Laura KochMay 31, 2011 at 1:39 PM

    So there are more jobs out there, but even if new jobs are being added, are those newly employed underemployed? Underemployment is a huge issue. A 2010 Gallup Poll was the most recent data I could find, but the underemployment rate over 18% http://www.gallup.com/poll/142835/underemployment-august.aspx

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  2. Dane CareyMay 31, 2011 at 7:40 PM

    The way we categorize the job market is about as good as GDP is at determining economic well-being...

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  3. EMeisheJune 1, 2011 at 5:05 PM

    In answer to Richards question I think it is pretty situation dependent. Depending on the industry of expertise, experience and education the future could look very different to different employees. I think what is important that this shows is that there is opportunity. It is difficult to quantify how much these numbers really mean especially because the challenges in measuring the labor pool as Dane points out.

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