Quote:
Originally Posted by Bunk
Thanks everybody. I’ve heard a few politicians and pundits suggest that even with higher prices, this could be a “jobless recovery” in the patch - with so much emphasis on keeping costs down, companies will realize good profits, but not necessarily ramp up any spending or hiring. What does the brain trust think of this assertion?
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I think high skilled jobs will come back, but forget the days of floors of people in tactical functions like basic accounting. Those are all well on way to full automation. For example, 15 years ago paying persons to 3 way match invoices all day is over.
So I see it as an in between recovery. Your strategic roles will grow but that is about it. Shareholders will hang you if your head count creeps up because of tactical roles.
Its a big problem for our government. You will have people making good money and a lot more on assistance with little hope.