Job Growth in the United States

In this article I will explain prominent figures in the world of economics such as John Silvia, Chief Economist at Wells Fargo Securities. As for the fact that the unemployment rate rose from 3% in October to the present 7%, Sylvia said, "We will accept it, which is a strong figure in some respects, a 2014 consumer The expenditure will be stronger than expected. " The article pointed out that the growth of the manufacturing industry is at a height of two and a half years and the article said that it indicates "real recovery may continue".

Technology develops local industry, but we can not increase employment opportunities. Industry leaders believe that innovation will lead to increased employment in the United States, including reversing some of the outsourcing that has defined the industry over the past few years. Technological innovation can improve efficiency and reduce costs by automating the reduction of labor demand. In this regard, stakeholders believe that future regional economic impacts may measure regional production income rather than employment.

Business dynamism plays an important role in job creation and productivity improvement in the United States. Entrepreneurial spirit is an important contributor to this vitality. Emerging companies are contributing disproportionately to job creation, but in terms of productivity they are totally different. The dynamics of "up and down" of young companies after that is an important source of work and productivity improvement. The productivity of existing young companies is very low, and surviving young companies show rapid growth with productivity exceeding average.

Small business, small business, small business - it has 20 different names - but this is the source of economic growth. It is true so. Looking at the figures of employment creation in the US, it will be seen in Europe. And most work has been achieved through small and medium enterprises. In a world where economic growth is very important and the growth of employment is very important, people do not fully appreciate it or appreciate it. Personally, my family emigrated here. My grandfather has a paint shop. This is the reason my mother went to college. SMEs are part of my family history