A Persisting Structural Economic Imbalance?

June 17, 2010 at 5:45 am Leave a comment

John Talton writes and I agree with his observation: “About the best that can be said is that the unemployment situation has stabilized, with most real new hiring happening in the Northeast and Midwest. But long-term unemployment and joblessness among young people and minorities, older workers and less-educated workers, all remain. Has this gone from being a cyclical issue to a structural imbalance that will persist for years, with government too paralyzed to address it? If so, it will be one of the biggest drags on real recovery.”

This is an issue requiring our attention as Project Concentrus works to stimulate greater economic vitality across Snohomish County for all citizens.

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Entry filed under: Employment Trends, Job Loss, Unemployment. Tags: , , , , .

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