Written by Michael Thervil
As of late it was reported the United States added roughly 187,000 jobs in the month of July. Moreover, the U.S. federal government stated that the unemployment rate decreased from 3.5% to 3.6%. But the question is what kind of jobs were added to the American population. It was reported that the bulk of the jobs were in the financial, health care and social programs sectors. Even more than that it was also reported that roughly 60% of working age Americans are either working or actively looking for work. That leaves 40% of the working age in America unemployed.
But when you examine the type of jobs that have been created over the last 15 to 20 years have been in jobs in the service sectors of the U.S. economy. What this means is that these jobs are typically lower wage paying jobs that require little technical skill. That’s right. Long gone are the days of having an actual career. The main culprit that contributes to the of the socio-economic plight in America is due to the fact America doesn’t produce much of anything anymore of intrinsic value. The manufacturing base is weak in America and is far from the industrial powerhouse it used to be in the 1960’s and 1970’s.
The truth is today, people are not happy to go to the service sector jobs that have been “created”. In fact, the majority of people in America who have to settle for service sector employment view these jobs as “leftover jobs”, “stepping stones just to get them by”, and “dead end jobs”. Could this be the reason as to why some many people in the United States are so hesitant to go back to work? When it comes to the people who are employed in white-collar jobs in posh air-conditioned office buildings, they too have been feeling the same way for a very long time. Remember the rise of “quiet quitting”? It’s still going on and has been going on way before it was picked up by mainstream media. Our position is further enhanced when you consider the struggle of employers not being able to hire and or retain the people that they do hire for their organization.
Now some people that are reading this article may cite the fact that many employers are having a “freeze” on employing people. While this is true, this condition only exists because of the current economic crisis that is going on in the United States. None-the-less, one of the biggest reasons why America is having these issues in the job market is because America has exported nearly all of the most valuable manufacturing jobs to China for the ability to sell cheap products for higher profits while sacrificing their citizens' economic stability. This is something to think about. Let us know your thoughts in the comments below.
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