There are major problems with the job market in the United States. They need to be fixed but that can’t be done unless they’re known about. If you are looking for a job the problems might hinder you so you need to know about them so you can avoid their negative affects on you. The economy depends on people’s ability to find jobs so the market affects more than you’d think. It affects prices and more.
- The inverse ration between manufacturing output and employment, shows that automation is adversely affecting employment rates.
- However, since the US economy is shifting towards service, and away from production, new tech start ups are not damaging the employment rate as much as some might assume.
- The number of Americans working in the product manufacturing sector has gone done dramatically since 2000.
“Jobs are created at the top and bottom but not so much in the middle.”