Posted under Economics
There is a big difference between the work and careers. Work is something that you temporarily until you find a career. When I think about the work I think of Wal-Mart, McDonalds, Barnes and noble, etc. They lower end of the work, which means the minimum wage.
Most of these jobs are filled with high school and college students and, as a rule, a means to an end. Some people, and desire to work in the service sector. For them it is more about flexibility and socializing than on the wages. For others, its best they can do for several reasons. It seems that today the service sector in our country is growing rapidly, while manufacturing jobs, or work with real substance is reduced. I’m not saying declining. These places still exist, they are only on a contractual basis or the company simply moved to another location. In another place, that is, from this country.
At the beginning of a free market economy have served the United States well, because there was less competition. Except the U.S., Russia and most other EU countries are still developing and trying to catch up. Either their government was not stable, they do not have the know-how and resources that they were not and could not compete as hard in the global economy. For a long time, the U.S. prevailed when it came to the production of goods. Industries grew and expanded throughout this great nation. These were the golden years of market economy. At least for us. Then a gradual change began to happen.
The cost of doing business in the U.S. increased, and new resources are becoming more affordable seas. China began to develop at an astonishing pace, more and more people began to move from the countryside to its cities. Mexico was very close, and was full of cheap and willing labor force. This scenario has been playing around the world, and businessmen in the United States began to realize what was in their best interest of the company to cross the border. In addition, outsourcing lead to the growth of new markets abroad. Ultimately, it all hit the U.S. economy hard.
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