Friday is the release of the September jobs report and it probably will not look pretty. After August’s ‘nothing’ month we could see a contraction – that would not surprise.
The market for jobs is difficult if not damned near impossible. I don’t know how the President’s Job Bill will work out but I can tell you this much – there are more structural problems than anyone is willing to admit.
Last month there was a sobering article that detailed the difficulties in landing a new job. Perhaps it is now time for an entirely new approach.