|
|
« Previous National | Next National » |
|
The Big Restructure
ByIt's more than a jobless recovery, we've been looking at a jobless
decade or more, at least in terms of private sector jobs, according to Business Week's chief economist, Michael Mandel.
Beneath
this trend lies a broad and fundamental restructuring of the U.S., and
virtually every other advanced economy - the decline of manufacturing
and the rise of professional, knowledge-based, and creative work on the
one hand, and lower-end service work on the other. This chart (via the New York Time's Floyd Norris) depicts the shift.




























Join the Discussion
After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus