Where The Jobs ArePlay
A survey by the National Association for Business Economists finds that 43 percent of firms queried say they plan to hire between now and the end of the year. That's up 3 percent from a similar survey done in April and it's the highest number in a year.
Ryan Avent, economics correspondent for The Economist says hiring in sectors like higher education, health care, high tech manufacturing is picking up.
Avent told Here & Now's Monica Brady-Myerov that even though social media websites are booming, Facebook only employs about 2,000, compared to the 2 million constructions jobs that were recently lost.
"It takes a lot of Facebooks to make up the gap created in construction and manufacturing and elsewhere, it's just hard to see how that's going to translate into full employment," he said.
- Economist: No growth, no jobs
- Economist: Identify the losers
- Economist: American labor markets falter
- Ryan Avent, economics correspondent for The Economist
This segment aired on July 20, 2011.