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The New Job Reality. Matthew Benjamin and Joellen Perry.

by Benjamin, Matthew; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 58Business. Publisher: U.S. News & World Report, 2003ISSN: 1522-3191;.Subject(s): Alien labor | Employment forecasting | Job hunting | Labor market | Layoffs | Temporary employees | United States -- Economic conditions | UnemploymentDDC classification: 050 Summary: "The U.S. economy has lost nearly 1 million jobs since the recovery began in November 2001....To be sure, the recovery's sluggish pace...has kept many of the unemployed from returning to work....But some economists say there's something else going on this time. The dearth of jobs stems from factors signaling a sea change in today's business world: namely, higher productivity, altered management and hiring practices, and the flight of both blue- and white-collar jobs overseas. Many of the changes in the labor market are structural, not cyclical." (U.S. NEWS & WORLD REPORT) This article stresses that "job seekers will have to fine-tune their skills and adjust expectations" as they face "the new job reality."
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REF SIRS 2004 Business Article 58 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2004.

Originally Published: The New Job Reality, Aug. 11, 2003; pp. 24+.

"The U.S. economy has lost nearly 1 million jobs since the recovery began in November 2001....To be sure, the recovery's sluggish pace...has kept many of the unemployed from returning to work....But some economists say there's something else going on this time. The dearth of jobs stems from factors signaling a sea change in today's business world: namely, higher productivity, altered management and hiring practices, and the flight of both blue- and white-collar jobs overseas. Many of the changes in the labor market are structural, not cyclical." (U.S. NEWS & WORLD REPORT) This article stresses that "job seekers will have to fine-tune their skills and adjust expectations" as they face "the new job reality."

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