New Study Flags Major Risks to Long-Term Job Growth
ECRI
November 23, 2009
(ECRI) - The jobless recovery predicted by ECRI early last summer is a reality. The question hotly debated now is how long it will take the U.S. economy to regain the millions of jobs lost in this recession. ECRI's latest analysis, using reliable and objective leading indexes, is relatively optimistic about near-term job growth, and rules out a double-dip recession. However, the study uncovers ominous longer-term trends with very troubling implications for non-manufacturing employment, which now encompasses more than 90% of U.S. jobs.
This information is excerpted from a full report issued on November 19th to Professional members. For information on how to receive ECRI's professional services click this link.
ECRI is perhaps the only organisation to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.
- The Economist, Jan. '05
Not a Client?
Go Pro Today!
More Information >Read this jewel of a book and start your own personal cycle upturn.
Jim Grant