Historically, unemployment in the U.S. has been a short-term phenomenon. Most of the unemployed found work relatively quickly.

However, as the Great Recession took hold, the level of unemployment rose to double digits; it since has dropped to 6.1 percent as of June.  Also, the quality of jobs created in the U.S. has deteriorated. Blue-collar jobs in manufacturing and white-collar jobs for highly skilled workers have been painfully slow to return.  Continue Reading…click here.

T. Rao Coca, Ph.D., J.D., is a consultant and a former vice president of IGT and an executive at IBM. He lives in Henderson.