July jobs figures show worst 'may be behind us': Obama
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4 Comments
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GJDailleult
More jobs are lost and the unemployment rate goes down. Interesting statistical manipulation going on, just stop counting the people who give up looking for work.
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lostrune2
No, I think the US unemployment rate is still going up - just that the rate it's going up has slowed down.
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rajakumar
Globalised world make globalised jobs, and China has done well because it is able to make cars and PCs at lower cost.
USA and Japan face challenges in making jobs in future.
USA/Japan need changes in their education systems which empower their people to make jobs by their own ingenuity via R&D.
Simple asssembly work in Car factories , PC hardware/PC parts factories and in other factories,should be left to other nations/Asia/China.
USA and developed need to shift to jobs which require different output from those from China/Asia/others. Developed world need to make more jobs in higher skills jobs in R&D/others ,for all fields of working global world. The focus of jobs need to change not to replicate China/Asia/Others.
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Sarge
Since this recession is entirely the fault of the previous administration ( not the previous Congress ), and the negative effects may last until nearly the end of President Obama's administration, let's cut the man some slack.
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