Thursday, March 25, 2010
The unemployment numbers frustrate me and I feel we have to be like this for a long time. Oh.. Light at the end of the tunnel. A new study makes a convincing argument that by 2018, there will be overwhelming number of jobs open because of the mass retirement of baby boomers. And this is of course with no change in the immigration policy or labour law. Just eight more years! At that time, inflation may sky rocket and it is something to worry about. Poor policymakers - there is always something in the economy that spoils their sleep at night.