Unemployment

Unemployment rate still hovers around 10% in the United States.  In Nevada, where I live, it is 14% - the highest in the nation.

I was unemployed for four months in 2009.  With two masters degrees (in engineering and business) and over 20-years of experience, nearly 10 in the company, and successfully running a 100M segment of the business I was laid off.  My rant ends here with un effing believable!  This only because I am again gainfully employed and in a job much better suited to my talents.  Also in an industry (Gold Mining) that is thriving.

This unemployment rate is but one indicator of our economic health.  But it's a big one and things are not likely to get better very quickly.  Why?  Because jobs have been outsourced overseas and American labor is expensive.  Are we too expensive for what we offer?  Not sure on that one because I keep hearing alarming statistics of increasing high school dropout rates.  Still, as the dollar is devalued it is possible that American goods will once again become attractive, pricewise.  We'll see.