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Boeing delivers C-17 to RAF
WASHINGTON, Oct. 1 (UPI) -- The U.S. jobless recovery may remain just that because of a shifting labor market of jobs going overseas and having "just enough" employees.
Businesses have cut about 3 million jobs since 2001 and more than 1 million of the layoffs have occurred since November 2001, the month the National Bureau of Economics Research said the recession ended, USA Today reported.
"This is a different situation, and it has all the characteristics of a significant, structural change in the labor market," says Allen Sinai, chief global economist at Primark Decision Economics.
"We will see fewer non-farm, payroll jobs created per dollar of gross domestic product than at any time in our history."
Manufacturing shed 2.7 million jobs since mid-2000 and those jobs sent overseas are not expected to be recovered, with service jobs being exported as well.
Just in time delivery has yielded a reliance on just in time employment as well as turning to overtime of existing employees instead of hiring more.
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ERBIL, Iraq, May 22 (UPI) --
Ankara aims to be a strategic energy hub in the region and Iraq could play a major role in that ambition, Turkish energy officials said.
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TEL AVIV, Israel, May 22 (UPI) --
Israel's Rafael Advanced Defense Systems is developing a "hard kill" defense for helicopters against surface-to-air missiles, part of the air force new doctrine to counter advanced SAMs being acquired by Iran, Syria, Hezbollah and the Palestinians.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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What if Europe turned out to be the new Japan?
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