Analysis behind Post
US's job market is stagnant for multiple reasons: the impact of a shortfall in demand but the effect of this insufficient demand is only increased by factors like the aging population, the mismatch of skills (employers are looking for different skills then the ones offered by the employees) and the inadequate efforts to get people back to work.
The fact that this is happening in the US, a labor market known for its dynamism and its entrepreneurs is what makes it such a bad sign. Especially since businesses throughout the world are hoping for a revival of the US economy would through its size compensate for the euro zone debt crisis' negative impact.
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