Where’s the Jobs?
Remember, the “Where’s the beef?” commercials Wendy’s restaurants began running in 1984? The advertising slogan soon became a catch phrase anytime someone wanted to question the substance of an idea or product.
It seems to me, with apologies to my middle school English teacher, “Where’s the jobs?” is an appropriate slogan for the current, so-called economic recovery. Economists have been telling us for months that the economy is growing again, albeit at a relatively slow pace. We’ve seen some modest improvements in the number of new jobless claims — that is, until recent weeks. It seems that the new jobless claims rose to 496,000 last week and that the unemployment rate is once again creeping into double-digit territory.



