The World of Huddle











{02/05/2010}   Jobs and then Economy

I was watching the morning news and they announced some contradictory statistics. The fact that national employment is up by .3% and then that 20,000 more people would be out of employment. How does that work? (no pun intended)

I do have something that I’ve been wondering for quite awhile. How do business analysts and economists explain business cutting jobs to save money when the money they earn comes from people who work for them? I mean it. Businesses across the nation are only in business because the nation has work. What happens when half the nation doesn’t have a job and the money stops flowing?

I’m not a business major and I’m not anywhere close to well informed. However, sometimes, I do wonder how they sleep at night.

Some may call it social responsibility. I just call it logic. If the local grocer doesn’t employ people to work his store, well he doesn’t have a lot of free time for one and second he isn’t contributing anything to the environment he lives in.

Just so, the businesses who rely mainly on Americans to buy their products should also help facilitate that cash flow by initiating the process by hiring people.

(I would go into the outrageous concept that unemployment is morphing into but I will leave that for another day.)

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