If the World Economy is Consumers Driven, like So Many So-Called Economsts Experts are claiming, the Critical Factor is the Number of Quality Full Time Jobs, Not Part-Time Contractual Short Time Firefighting Ones – 11/08/2014

For Your Entertainment (FYE)(unless you are long-term unemployed…..:+(   )

If the World Economy is Consumers Driven, like So Many So-Called Economsts Experts are claiming, the Critical Factor is the Number of Quality Well Compensated Full Time Jobs, Not Part-Time Contractual Short-Time “Firefighting” Mendicity Inducing, “Food Stamps” and “Tent Cities” Reducing to, Ones…….:+(

To get those jobs, the US organizations, in all sectors,  need to change their focus, from short-term “survivalist”tactics, to “long term” “vision and mission based””end-state” “to-be” “focused strategy” expertise build-up to get the initiative, again, and to reach customer satisfaction through “continuous improvement” and “innovation”, creating, again,_”enjoyable emotional experience products and services” …….

“A return to pre-recession (read, depression)stability still seems elusive for the middle class. The problem is that many jobs being added have lower wages and fewer hours than the ones that vanished in the last recession(read, depression, again), analysts say.”

“The numbers don’t tell the whole story. “There’s an underemployment issue that isn’t sufficiently captured by the data,” said Mark Hamrick, an economic analyst at Bankrate.com.”

“Many people, especially the long-term unemployed, drop off the radar. New research from the Economic Policy Institute finds that the prime-age employment-to-population ratio — the percentage of people between the ages of 25 and 54 who have jobs — has fallen in all but two states between when the recession began and last quarter.
“A significant portion of the drop in unemployment is due to job-seekers giving up on the job search and dropping out of the labor force,” EPI economic analyst David Cooper wrote in a report accompanying the research. The group estimates there are 6.3 million of these labor-market dropouts who want to work but have given up.
And when people can find work, it isn’t likely to offer enough hours or pay to replace the job they lost.”

” The National Employment Law Project (NELP) has found that low-wage jobs continue to lead the recovery. From July 2013 to this July, 41 percent of job growth took place in low-wage industries. This growth in low-wage jobs comes at the expense of higher-wage industries, with the middle hit especially hard. Since the recovery began, NELP has found that only 26 percent of job recovery has taken place in the middle-wage range where workers earn between $13.73 and $20 an hour.”

“And although payrolls are growing, many of those jobs are part-time, Hamrick said. With today’s part-time jobs characterized by erratic hours and few benefits, this leaves workers with a shaky foundation on which to build financial security. “A part-time job does not replace a full-time job… millions of people are still working part-time who would like to be working full-time,” he said.”



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