An opinion piece in The Wall Street Journal this week paints a very gloomy picture for jobs in America. According to the article, at least one third of the 162,000 new jobs created in March were temporary census jobs and the actual new jobs created were insufficient to keep up with population growth. In addition, the American Economy has fallen behind by 11 million jobs since the start of this “Great Recession” and if job growth were to take off in the near future, it still might take up to eight years to catch up to where we were in 2007. Finally, Americans with jobs are accepting lower pay and lower benefits just to keep their current jobs. Is the outlook for jobs really this bleak? More importantly, is there anything we can do to fix this situation? [more...]
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