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.
Around ten million people are unemployed, and only the prospects there a minimum wage Employment Services industry. It is cheaper to manufacture goods across the sea and that’s why those jobs have gone Bye Bye. Our car industry now has to compete with companies from other countries who were smart enough to start going green with their models, long before we did. Not only manufacturing jobs have disappeared, and new companies have appeared abroad. Production of goods that are cheaper and still as good as the products are still produced in the United States.
In the early years, when things are going so well for us, the service sector began to grow, because Americans are more and more disposable income. Here are some more going on today, and that is why the service sector is still thriving. The problem we are beginning to face now that the world economy is gradually undermining the guests of our income. This is due to increased competition from abroad.
The bottom line is that the company is going to do what is in the best interests of the company. More and more today that in the best interest of companies to move their base. What is the increase of other nations capital, while reducing our own. So now we have not just lost her job, but we also loss of resources. Factory buildings remain empty here all their valuable instruments currently occupying the plant in other countries. What is left behind is an unemployed American, whose only hope of: “How can I help you today.” In my opinion, one of the main reasons for our current predicament simply competition at all levels beyond our borders. Other countries are developing and growing and have achieved a level of economic growth, which allows them to compete with the aggressive U.S. economy. What lies ahead for the United States, I do not know. What I do know that it is very difficult to stay on top for a long time. Now, when we have serious competition out there, I fear for our way of life.