-- written by Daurie Augostine

Sunday, August 25, 2013

JOBS!!!

What's the most important idea that's tied to the economic growth rate --- JOBS!!!

Career Employment of Job in Recruitment Industry Stock Photo - 6624564
                                                                                 Source:  Google Images

If we lived in a more "self-sufficient" economy, then not being part of the labor force would be somewhat manageable.  However, given that we can't just "live off the land" -- though many of us would probably find that lifestyle fascinating -- if you want to be able to participate in a modern economy, then you must work.

Therefore, anything that prevents individuals from having a job (whether it's cyclical, frictional, structural, etc.) so that they can provide for their families is a critical issue for individuals, households, and society.