So I have some open tabs that I’ve been saving for a discussion on employment, unemployment, and job creation. Luckily for me, job creation and unemployment numbers came out today. Unemployment does continue to go down, and it looks like we [barely] create enough jobs to keep up with demand. However, many of those new jobs are low wage jobs that don’t actually help our nation at all. Wages are still kept artificially low, even though corporate profits are riding high (I bet higher corporate taxes would encourage those companies to pay people fairly).
But there’s a couple of things missing from the official figures. Well over half of employed people have their eyes open for better employment opportunities. There’s over 3 times as many job applicants as jobs to apply for.