U.S. Jobless Rate Edges Up Despite Declines in 34 States - WSJ.com

WHAT THE NUMBERS AREN'T TELLING US: U.S. Jobless Rate Edges Up Despite Declines in 34 States - WSJ.com

There used to be discussions about the amount of capital behind each job.

I'm not sure where that number is today (and where it would be to create 'new' jobs); esp. with outsourcing, etc.

But, it would have a certain logic to see that with the government basically absorbing all of society's savings and investment dollars, and having to import large amounts of those dollars as well, that there would be less investment dollars around to create jobs.

And, jobs created with less capital behind them would also probably be LOWER PAYING jobs. Which is one fact everyone seems to agree is happening now!

So, one might question where jobs are going to come from?

Also, if more capital needs to be put into R&D, where the US has a competitive edge globally, then capital would need to be allocated there. As such, there'd likely be less for those with jobs that could be substituted for by using, say Chinese, capital to produce things. Again, this would appear to be what's happening.

Etc., etc.