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Blog Entries from January 2012

Economic Indicator – 2011 Employment Review: Which Jobs Grew in 2011; Next Steps for 2012

Last week’s release of the December jobs data reveal industry employment trends for the whole year and afford us an opportunity to review the employment picture for 2011.  Broad-based economic and job growth is key to reducing the ranks of the jobless, and certainly 2011 brought positive steps in that direction as joblessness finally began to decline, and the unemployment rate decreased to 8.5 percent. 

A Timeline of Out Compete-ing

The 20th Century was a period of extraordinary performance in the United States. Americans were living longer and more fruitful lives.  They were better-educated than past generations and residents of other countries. The United States was out-innovating, out-educating, out-connecting, and out-producing the rest of the world, assisted by ground-breaking research and federal funding. Life expectancy was higher than it had ever been, more than 70 percent of teenagers were enrolled in secondary education, and in 1986 the United States comprised 25.2 percent of the world’s economy.