The US still has a serious jobs problem
Obama can't breathe easy as the US economy remains moribund.
We pay up to $500,000 per year per person to house severely disabled Special Education children in boarding schools. We don't spend a cent of the kids most likely to find a cure for cancer one day. We hire extra math teachers so math-weak kids can "catch up" to a still low level. But we spend virtually no money to make sure our able kids have marketable job skills. There's a severe shortage to trained auto repair mechanics and carpenters right now: but our schools can't brag unless more kids go to college: so vo-tech is out. Our colleges graduate huge numbers in majors like psychology and phys. ed even though there are 5-20 grads for every available position available. Meanwhile, math-oriented areas go short of graduates. And our high schools don't hire that extra math teacher to make sure enough kids can handle accounting, chemistry, engineering and similar majors: it doesn't make the superintendents look better, so they screw them.
Some jobs positions which used to be able to be filled by people with job experience are requiring higher education degrees - for example, they want Sales people who have Engineering degrees and degrees in Business management, regardless of many years of experience....and they're paying about HALF of what they used to pay
Repealing all of the laws and regulations doesn't prove that this method will suddenly create millions of jobs.
Copyright © 2014 Microsoft. All rights reserved.
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
VIDEO ON MSN MONEY
[BRIEFING.COM] The S&P 500 has inched up from its worst level of the session, but that could be overlooked considering the index remains lower by 28 points.
Today's retreat has sent the benchmark average below its 50-day moving average (1953) for the first time in a while. Specifically, the index tested, but never closed below the 50-day average on six occasions during a three-week stretch between late April and early May. Prior to that span, the S&P 500 dove below the 50-day ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'