Where are the jobs? The jobs report for August showed that there were NO new jobs created. Also, the job creation totals for July were cut to 85,000 from 117,000, and for June to just 20,000 from last month’s estimate of 46,000. We will all be watching the President's speech this Thursday about his plan for creating jobs, but it will be a lot of talk and just talk, nothing he can do. His administrations said they expect the unemployment rate of 9.1% to stay that way until the end of 2012... Black or white, educated or not, man or women unemployment seems to be affecting everyone. I keep hearing about companies looking for people who are "qualified" for the positions the need filled. They claim that they just cannot find them. That may be true, but why not train them? In 2011 most people are trained to do tech jobs over labor and skill jobs, but if trained anyone could get the job done. Of course everyone want sot blame Washington now and they may be able to, but for how much of it? Taxing companies may or may not work. For sure that will give the government more money but it will not change the unemployment situations. Basically this is becoming the new norm. If you have a job keep it and if you do not... I am giving this news a Digit Down. I am also preparing for another recession.
Friday, September 2, 2011
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