Friday, October 06, 2006

the US Economy adds fewer workers well maybe there are none to add?

So is the light jobs report really showing and increased slowing of the economy or is it simply that at a 4.6% unemployment rate leaves few people to hire? My bet is that unless more of you old folks come out of retirement or teenagers start to pick up on after school jobs there is not going to be much employment growth for sometime . You may not have the job of your dreams but you most likely have a job. The second issue that has gone virtually unnoticed by the press is the ability for more and more people to be able through the use of technology to work for themselves doing jobs you used to have to commute too. These small services stay at home type jobs are creating a larger and larger chunk of the general economy and are perhaps signifying the death of the commuter.

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