17
Sep
12

Creating jobs, but not filling them

By way of Tyler Cowen we find this unnerving post at Sober Look:

In the post-recession environment, the employment-population ratio is no longer responsive to increases in job openings. This is a severe structural shift driven by a spike in the length of unemployment (see further discussion). People don’t have the skills, the mobility, or the will to fill those job openings.

(Emphasis in the original.)

Uh oh.

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1 Response to “Creating jobs, but not filling them”


  1. September 18, 2012 at 10:37

    I’d like to see some verification of the causal explanation. An interview of someone who is aware of a job but isn’t taking it, for example.

    That said, I think the second graph, the red/blue/green one, speaks for itself. The structural shift is profound, it doesn’t matter how it is manifesting.


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