THE EMPLOYMENT CRISIS
Europe’s youth unemployment problem has become cronic and critical. In fact all of wester civilization has an acute problem with government smothering sustainable private sector growth. Here in the US we have cronic shrinking total employment as a percentage of the working age population. That is true in spite of massively growing the number of people working (directly and indirectly) for the government, which can only mean that the private sector is shrinking and the public sector is growing. How long can that work?
Europe’s ‘new deal’ for jobless dismissed as rhetoric – Telegraph:: www.telegraph.co.uk/finance/financialcrisis/100853….html