“It’s a hard-to-resist syllogism: Dirty jobs are available; Americans won’t fill them; thus, Americans are too soft for dirty jobs. Why else would so many unemployed people turn down the opportunity to work during a recession? Of course, there’s an equally compelling obverse. Why should farmers and plant owners expect people to take a backbreaking seasonal job with low pay and no benefits just because they happen to be offering it? If no one wants an available job—especially in extreme times—maybe the fault doesn’t rest entirely with the people turning it down.”
Elizabeth Dwoskin in Bloomberg Businessweek
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Issue of the week: Car dealers’ showdown with Teslafeature Tesla's direct-sale business model is coming under fire in New Jersey and many other states.
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Issue of the week: Has Washington defeated Wall Street?
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feature Economic forecasters generally think 2014 will “be a breakout year” for the U.S. economy.
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Issue of the week: Signs of a true recovery
feature Could the economy finally be back on track?
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feature Though it has been battled in past decades, some economists believe a little inflation is good for a weak economy.
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Issue of the week: The rise of a part-time economy
feature The economy has created new jobs for the 34th month in a row, but most of them are low-paid and part-time.
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Issue of the week: A disappointing jobs report
feature The economy added just 88,000 jobs in March, less than half of Wall Street’s expectations.