Extempt

According to economist of Bussiness Week, Matthew Philips There is no need for unnecessary
discussions of job rate, job are being added so simply the rate will continue to decrease.
1. The continued adding of jobs.
a. The U.S. economy added 195,000 jobs in June, continuing a trend of steady growth
as private hiring across a broad spectrum of industries offset declines in government
and manufacturing employment.
i. the number beat analysts forecasts and stoked expectations that the
Federal Reserve will begin reducing its support for U.S. financial markets this
fall.
b. Amazon is looking to increase the full fitme fulfillment industry by 25%, alone.
(Adding 5000 jobs to the industry)
2. Many Americans are hitting the age of retirement, creating jobs available for the younger.
a. According to the WSJ in 2013,
i. Summer is over and Americans are returning to work, so job-hunting season
is shifting into high gear. According to the U.S. Census Bureau, more than 30
million baby boomers will have hit age 65 by mid-2020, meaning many will
retire in the next few years.
3. Outsourcing will not compete with domestic industries and jobs
a. According to the WSJ
i. He also says despite the continued outsourcing, many jobs are being created
that combined intellectual minds and and interpersonal skill which cannot be
outsourced.