Wednesday, September 9, 2009

Does the U.S. Economy Need a Job-Creation Stimulus? - TIME

Does the U.S. Economy Need a Job-Creation Stimulus? - TIME
By Kevin O'Leary / Los Angeles Tuesday, Aug. 18, 2009

"When people say there are no jobs out there, it's true. According to the Bureau of Labor Statistics, at the start of the recession in December 2007, the ratio of job seekers to job openings was 1.5 to 1. Now six unemployed workers chase every available job. It's a brutal game of musical chairs in which a great many people lose and spiral downward economically with disastrous consequences, not only for themselves and their families, but also for communities that were once productive and prosperous."

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