Word: reals
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Dates: during 2000-2009
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...examine a climate that has been deteriorating for years. The total number of nonfarm jobs in the U.S. economy is about the same now - roughly 131 million - as it was in 1999. And the Federal Reserve is predicting moderate growth at best. That means more than a decade without real employment expansion...
...your goal is to create jobs, you have two choices - and one painful fact - to confront. The painful fact is that the 1930s option, to have the government directly employ millions of people in labor fronts, is not an option today. "There's no way to create real jobs using this approach," says Harvard professor Roberto Mangabeira Unger. In the 1930s, you could throw 10,000 people with shovels at dam or road projects. Today the work of 10,000 shovels is done by a few machines - and it was a lot easier to persuade farmers to switch to ditchdigging...
...jobs are created - and what sorts of jobs Americans want to do. The most likely sources of job growth in the next few years are going to be confined to health care, education and restaurant/hospitality services. But we can't nurse, teach and barista our way to real national power. Service jobs alone can't support growth and innovation - which will be essential as we struggle to pay off a historic national debt and fund the retirement of the baby boomers. So in addition to a retraining push, a sensible set of policies would shift the landscape of job creation...
Read "Getting Real About the High Price of Cheap Food...
...Hershey doesn't step up, "its growth ability will be dramatically impaired," says an observer, adding that it has "an ability now to put gum and chocolate together in the U.S. and be a real competitior to Mars-Wrigley...