We Need Businesses, Not Jobs; Self-Employment, Not Employment
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In March of 2010, the US economy added approximately 162,000 jobs--the largest expansion of payrolls in three years. By most measures, this bit of economic data would be cause for celebration, but the details of those jobs does much to dampen the celebration of the moment.A significant proportion of those jobs were government jobs brought on by the decennial census (and which will disappear again after just a few months as a result), and while total private-sector payroll growth was 123,000 jobs, the overall unemployment rate remained at 9.7%. The economic impact of these jobs may be fairly summarized thusly:
We Need Businesses, Not Jobs; Self-Employment, Not Employment
We Need Businesses, Not Jobs…
We Need Businesses, Not Jobs; Self-Employment, Not Employment
In March of 2010, the US economy added approximately 162,000 jobs--the largest expansion of payrolls in three years. By most measures, this bit of economic data would be cause for celebration, but the details of those jobs does much to dampen the celebration of the moment.A significant proportion of those jobs were government jobs brought on by the decennial census (and which will disappear again after just a few months as a result), and while total private-sector payroll growth was 123,000 jobs, the overall unemployment rate remained at 9.7%. The economic impact of these jobs may be fairly summarized thusly: