White House Report: "Worker Flexibility" is Key
(CBS/AP)
While the study cites the historic resilience of the U.S. economy, it warns "the growth path may not look the same as that envisioned before the recession."
The study indicates the best job prospects are in "the already-expanding health care sector" and environmental occupations. It says those fields are growing at a faster rate than the overall economy, creating white collar and blue collar openings.
Not surprisingly, the administration's report pins hopes for economic gains on the $787 billion stimulus package. It continues to project saving or creating 3.5 million jobs by the fourth quarter of next year. It says near term recovery could be helped by "pent-up" demand by consumers.
The report forecasts moderation in the decades-long decline in manufacturing jobs. It predicts job creation in the aerospace and pharmaceutical industries. It says the construction industry will "eventually recover" and add more jobs in the coming decade.
White House economists say occupations that hire workers with post-secondary education and training are growing faster than other fields. The report by the Council of Economic Advisers also points to "an expected shift towards jobs that require workers with greater analytical and interactive skills." The report calls for "a comprehensive strategy" to create strong, effective education and training programs.
The full report can be found here.
(CBS)
Best-selling author Mitch Albom on his first nonfiction work since "Tuesdays with Morrie."
It takes consumer CONFIDENCE to have people spend, even when they have the money and a want/need.
The Consumer Confidence Indicator has gone DOWN for the last 6 consecutive weeks, yet Geithner clams the 1st stimulus bills effects are on "path".
I want to hear what the rest of that path is. If he were to say what it is, and it DID follow it, then the CCI would go up much faster. But, he isn't telling us what that path is, is he ?
Now you have to ask yorself the question, "Does he really have a path at all, or is he blowing smoke up the butt of Congress, or is he just too stupid to understand it would have that effect ?"
Looks like Barry picked a liar to me. BUT OHHHHHhhhhh, we HAD to have Geithner. He was the best. HE was the only one that could fix it.
787 BILLION of our childrens money, or higher taxes, or inflation - what's it to be MR PRESIDENT ?
It's time we get rid of the ludicrous system of employment-based health care one and for all.
Obama's belief that the jobs are in the environmental area are totally STUPID...especially when he intends to crater millions of jobs in energy...greeniw weenie jobs DOES NOT EVEN EXIST...he's a FOOL!
While THE STUDY CITES THE HISTORICAL RESILIENCE OF THE US ECONOMY..."
Gee, is barry now saying that all those libs that claim the Republicans are nuts for saying the economy is in fundamentally good shape were wrong ?
Just goes to show how stupid and two faced these people are. Yeah, it's terrible when Republicans are responsible, but just fine when libs are responsible.
Sheese - pathetic, simply pathetic.