Sunday, August 9, 2009

United States faces zero job growth

Over the last 10 years the U.S. continued to decline to its current levels of no job growth.

This will continue to be the case until there is a fundamental shift in our workforce as it becomes more and more service oriented. Many of these manufacturing jobs have shifted overseas. While there continues to be weak demand by the consumer here which reduces any visablity for a longer term buoy economy.

Please check out the chart regarding the weak demand for temporary services.

Source: http://www.nytimes.com/imagepages/2009/08/07/business/20090808_CHARTS_GRAPHIC.html

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