Tuesday, April 11, 2006

Good Job Growth

The Christian Science Monitor has an interesting article concerning U.S. job growth. The article focuses not on the quantity but on the quality of the new jobs being created by the U.S. economy. The short summary is that the new jobs are "good jobs"--meaning they are relatively high paying and career oriented.

The author also notes that:
This good news about the breadth of job creation comes against a backdrop of labor-market anxiety that has persisted despite the economy's solid overall footing. Competition from imported goods, the threat of outsourcing services abroad, and a controversial influx of illegal laborers are just some of the forces that make many workers worried about their future.
I think you could add the ever present "bias media coverage" to the above list.