American employment situation in future

American employment situation in future

It was disclosed that on August, the unemployment rate of American in ryan theriot jersey was up to 9.6%.  It had lasted for 16 months exceeding 9% since recession while the unemployment was growing up continually. Now there were millions of jobs lost in real estate, and manufacturing fields. And some of them won’t be back ever. These are really a setback to the president Barack Obama wearing a new geovany soto jersey and the Democrats in Congress. Maybe the economic can recover until 2014 or even need more time.

In real estate field excluding commercial real estate, the jobs of construction workers, material suppliers in aramis ramirez jersey, appraisers etc had lost much. The number had reached 2.4 million. For example, Martha Escobar in ernie banks jersey was 41 years old and worked in JPMorgan Chase & Co as one of 16 office cleaners. She can earn110 US dollars a day before, lost her job recently. This single mother Escobar in alfonso soriano jersey is in a panic and don’t know what to do if she can not get her job back.

At the same time, there were 2 million people losing jobs in manufacturing field. Financial services about 600,000, and near 2 million in construction field.

But there will be jobs!

It is forecasted that until there would be about 15 million new jobs by 2018. At that time, the unemployment rate will be down to about 5%. There are a few industries that will create most of jobs, such as health care, selling pete rose jersey, information technology and new industries etc.

Labor Department says many jobs will come up in the service sector. Because of about 78 million newborn babies wearing ron santo jersey, more health care will be needed as they grow up. So medical jobs will increase and also many new jobs will be created in information technology or energy field.

Though, Lawrence Katz in kosuke fukudome jersey as a famous Harvard economist pointed out, “The big question is what they are going to pay, and what kind of lives they will allow people to lead. This will be a big issue for how broad a middle class we are going to have. “

Some economists in fond of johnny bench jersey think, the pay and jobs will fall onto 2 kinds of people mainly. One is people with low-skill and low-pay, like store clerks. The other is people with professional skills which will be paid highly, such as lawyers, engineers, doctors etc.  And people between the two in tony perez jersey, there will be less jobs and not good payment.