Friday, January 7, 2011

Get a job

Times are tough but if you are waiting for "Happy Days are Here Again" - forget about it!
We will never again see anything approaching full employment (0% unemployment) or even what passed for full employment (3% unemployment) in the past.
We will be lucky if we can even reach and hold to an unemployment rate of 6%.
The reasons are simple. Business can get much more from fewer workers because of automation and computerization. Also, the world wide economy makes it possible to quickly shift jobs around the world to get the best bang for the buck.

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