20400512 Entry 4

The underemployment rate is rising
Don't be fooled by the relatively low 4.8% unemployment rate. Other measures, such as the number of people only working part-time, are a sign of recession.
Source: http://money.cnn.com/2008/04/02/news/economy/jobs_outlook/index.htm?cnn=yes

This article discussed the topic of unemployment as suggested in the title. Now they are viewing the rise of unemployment rate as recession. Nowadays, rather than full-time jobs more part-time jobs are offered in the markets.

It's kind of ironic how job unemployment can be looked at as a recession. It seems like it's almost saying that the market is slowing looking workers like customers and the company are facing problems.

Do cases like this such as job declines need r&d? I suppose all areas that the company deals with needs r&d but just how much time should be spent upon the employment staff? But then without employees the company wouldn't be able to run.

I think that the markets need to start developing more ideas in how to bring in more workers or stop cutting workers.