Monday, October 04, 2010

Business and Profit- Doing More With Less

We’ve been hearing a great deal about the unemployment rate lately as political pundits try to cast blame and gain leverage based upon the current 9% to 10% unemployment rate. Evidentially for many years it has been presumed that the unemployment baseline was 3% to 4% and during good economic times it would rarely drop below 3%.   This dynamic gives some level of support to my personal theory that at least 3% of the US workforce is unemployable and the percentage is only increasing due to higher expectations.

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