Jacob Lawerence Migration
As we “Look for the Way Forward”, which is a phrase parroted by politicians and reporters that sounds better said out loud, focus needs to be on job creation in order to dampen the current economic woes. Not just any kind of job, but jobs that offer the opportunity for people to actually own something, like a house, in their life time. It’s estimated that even in this down housing market the median cost for a home in the US is approximately $215,000.
We are not economists but this approximation puts the average salaried employee some 17,000 short in annual gross income. In recent years there has been a net loss in manufacturing jobs, which usually pay better then the standard service sector jobs. So something will need to give, higher paying jobs and/or a lower cost of living, or possibly a mixture of the two.
Homes still too high for ‘average’ family
By Craig Guillot • Bankrate.com
The US government will look for ways to stimulate the economy and one area where it can guarantee that jobs will be created and not outsourced is in rebuilding the country’s infrastructure. If rebuilding the Infrastructure is part of the cure, which regions of the country will benefit most? We are interested in where people will go next. The three or four major migrations that we have had, have all altered the country’s culture some way.
Here is a short survey for you to take. We would like to know what you think.
<a href=”http://www.surveygizmo.com/s/71889/86her” mce_href=”http://www.surveygizmo.com/s/71889/86her”>Please take my survey</a>
Fascinating questions. I am not sure how to answer however I have been noticing a number of my friends migrating to other countries for work. Interestingly, Mexico & India have become popular places to "migrate" to.
@Cybel: Great point. The entertainment sectors in addition to manufacturing has become competitive in Europe and Asia, i.e. Basketball, Hockey and Film. These are fields that for the most part, can’t be stimulate by governments very easily.
Massive numbers of people have lost their jobs in the last few years and their only option for returning to the workforce had been for jobs that don’t pay as well. The unemployment numbers are deceptive when look at in terms of net wages lost and gained. If rebuilding the infrastructure becomes a goal (something governments can initiate) where does the workforce come from?