RT @monteiro: Next Friday. We’re out. The only thing Twitter cares about is engagement. Let’s stop giving it to them. Reclaim your life. Re…
13/08/2018 11:51 AM
RT @bernardchickey: ‘Heaven help us’ https://t.co/X8mdEKCi6X
1/08/2018 3:35 PM
RT @EvonomicsMag: Biologist Lixing Sun: "Existing data show that across the OECD nations, the higher the level of social trust, the greater…
30/07/2018 4:08 PM
RT @Adherium: Adherium Receives Additional U.S. FDA 510(k) Clearance, Setting in Motion a Full U.S. Consumer Launch of the @GetHailie ™ Sol…
30/07/2018 4:03 PM
RT @garths: @Smartinhaler @Adherium "Should We Make A "Smart" NHS?" via @forbes https://t.co/soC1TVv5Yr
30/07/2018 4:00 PM
Chinese Citizens Are Using Blockchain to Warn Each Other of Unsafe Vaccines https://t.co/bc8uVw9goZ #SmartNews
26/07/2018 5:03 PM
RT @Adherium: Adherium's @GetHailie solution, a sensor-based medication monitoring system, heads for direct-to-consumer sales with an eye o…
19/07/2018 8:46 PM
RT @bernardchickey: Awful, awful situation because we didn't invest in infrastructure and people to deal with an unprecedented population s…
28/06/2018 8:28 PM
Excellent preso from Steve Keen: https://t.co/z4nzCk3DpX
23/06/2018 10:02 AM
Automation and jobs not a bad debate: https://t.co/NZjeEHHMsj
9/06/2018 1:35 PM
Recent Post Comments
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.

Print-friendly
11
FEB 10

From McKinsey Quarterly - five myths about unemployment




With the unemployment rate in the United States lingering just below 10 percent and the midterm elections just nine months away, job creation has become the top priority in Washington. President Obama has called for transferring $30 billion in repaid bank bailout money to a small-business lending fund, saying, “Jobs will be our number one focus in 2010, and we’re going to start where most new jobs do: with small business.” The fund is among several measures—such as tax incentives, infrastructure projects, and efforts to increase exports—that the White House has proposed to help boost employment. As Americans consider the various approaches, we must have realistic expectations. We need to debunk some myths about what it takes to stimulate job growth.

1. Surely there’s a quick fix.
Oh, were that only the case. The scale of the challenge is enormous. Quick action is important, but remember that the US economy has lost more than 7 million jobs in the past two years. The country would need to create more than 200,000 net new....

 

More at:

Five myths about creating jobs

 


 


tags: unemployment, unemployment myths
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.