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To: Kartographer
In the first quarter, a net 6% of firms, on a seasonally adjusted basis, said they expect to add to their workforce, up from -2% in the prior three quarters, according to the Milwaukee-based firm's survey of more than 18,000 employers.

There are jobs. One big problem, however, is that there is a very severe mismatch between the skills and education needed for the jobs that areavailable and the skills and education generally present within the unemployed population (i.e., structural unemployment).

The blame for this mismatch, however, is largely due to bad education, tax, and regulatory policy. (The effects of this policy were masked by the credit bubble of the past decade.) For over three decades now, the Federal government has, through its various "financial aid" programs, distorted the market place for education (e.g., students can obtain loans without any regard to the value of the asset being financed, i.e., the degree in question). Tack on the obvious problems in tax and regulatory policy that explicitly discourage high-productivity or high-income businesses and individuals from domiciling in the United States, and we've got a serious problem on our hands.

This is all about supply and demand. The problem is that there's a mismatch between the supply of people (human resources) and the demand for jobs, a mismatch largely created by the Federals. In other words, to put it very bluntly, the Feds have really screwed the pooch, and unfortunately for the United States, the resulting effects will take time--years--to correct, and that's assuming that folks actually wake up to reality.

9 posted on 03/09/2010 12:50:23 PM PST by rabscuttle385 (Live Free or Die)
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To: rabscuttle385

Bump!


11 posted on 03/09/2010 3:15:23 PM PST by upchuck (Until one has loved an animal, part of their soul remains unawakened.)
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