March 12, 2004

American Job Growth Jitters

Why are American's so nervous about their limited job growth? Their unemployment rate is still far below the long term unemployment rate in Canada , the EU and indeed most of the world.

They press seems determined to blame offshoring [Tom Peters] when the real cause of the jitters are high population growth (driven by the million immigrants a year) and the lack of a decent safety net for those without work. In particular healthcare and job retraining programs are areas that need work and I don't think the Bush Administration is willing to look at.

Posted by Anthony at March 12, 2004 09:59 AM | TrackBack