Long-term joblessness off the charts
CBS Early Show
February 27, 2010
(CBS) - ECRI's Achuthan spoke with CBS News about the structural job losses that won't be regained.
For more on this topic please read this article by ECRI's Achuthan and Banerji.
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Now that the value of information has gotten to be about zero, there's an overload, and I think what's gonna be the end result is the value of expertise is gonna go to infinity. Because it's harder and harder for people to digest all these inputs, let alone make sense out of them, let alone translate them into investment decisions.
- Wilbur Ross, CNBC, Dec. 1, 2009
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