Sunday, August 8, 2010

Economic Conditions

The economy has been mostly up and down for most of 2010. In the first quarter the economy started to pick up. The private sector and the government were hiring for census and the economic stimulus program.

The housing market has started to show signs of recovering and the stock market was growing again. In the last two months growth has leveled off and we lost more jobs than were created.  The major problem is, many people are unemployed and it is still very difficult to get a new job.

Even though the latest economic news has not been great, we seem to headed in the right direction. I have found it very interesting that many American companies who have moved their operations to China, are moving back the the United Stated due to cost increases.  The cost of labor in China is no longer cheaper than in the U.S.A, (in some cases) and the cost to shipped product has dramatically increased overseas.

I anticipate many qualified U.S. workers will begin to get good well-paying jobs in the fall.  I will be designing a new talent web site to help get unemployed U.S. workers good jobs. Be sure to check back in the next week or so!

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