Shamsuddoha

    Web Developer, Digital Marketer; FOREX Expert

    In the US, the number of jobs in the tech industry has risen by nearly 2 million since the recession ended.

    But according to a new study from McKinsey & Co, the country still has some way to go before the number starts to slow. 

    And when it comes time to find a new job, the most important factor to look at is, well, whether or not the person will actually be able to do the job.

    In this case, that person is not just about a job. 

    According to the McKinsey study, the biggest barrier to entry is not a lack of skills, but the desire to do something else with your life.

    In the meantime, it’s not just the job market that is slowing down, it is also the need for quality of life.

    “There’s a lot of uncertainty about what’s going to happen to the job economy,” McKinsey VP for Asia, Paul Gagnon, said in a press release.

    “The biggest challenge is people who are seeking work don’t know how to get it.”

    It’s not only the job markets that are slowing down.

    The number of US adults who want to work has dropped by more than a third in the past year, according to the Pew Research Center, which says this is “the largest decline in job seekers since the Great Recession.”

    “This is not only a national problem, it affects people across the country,” said McKinsey’s Gagnan.

    “So the question is, what is going on?”

    What is the problem?

    The McKinsey report notes that while many jobs are growing, more and more people are choosing not to work, or even stay at home to care for children or work from home.

    The lack of work has also affected the economy, particularly in the private sector, where the jobs created have often been low-wage.

    In the past decade, the private workforce has shed 6 million jobs, while the workforce at the federal government, which employs about 75 million people, has shed 2.7 million jobs.

    So why has the US economy been so tough on those looking to find work?

    “In the private-sector, there is an expectation that you can do anything,” said Gagn, adding that the US has also seen a sharp drop in job creation in recent years, which has hit the bottom of many companies.

    “People feel like they can do whatever they want.

    So it’s hard for them to do that in a big corporate context.””

    The economy has been slowing down for the last couple of years,” he added.

    “And that’s because there’s less money to do things that you want to do.”

    In fact, the McKinseys report points to a number of factors that have led to the US recession. 

    First, the 2008 financial crisis.

    According to McKinsey, the Great Depression was one of the largest economic disasters in US history. 

    It was a “bitterly painful experience for Americans,” according to McKinseys study. 

    “And the fact that it affected people who had been in business for decades was quite a shock,” said Paul Gaffney, McKinsey analyst.

    McKinsey’s study also noted that there was an “unprecedented amount of public policy support for the banking industry during the crisis.” 

    “So it seems to me that the recession was a very big problem for the US and not just in the US,” said George W. Bush, then the US president.

    This included bailouts for banks, which helped the financial system recover. 

    But the recession did not affect the workforce, and it also left millions of Americans behind. 

    McKinseys report found that while the unemployment rate for 18- to 24-year-olds in the United States fell from 4.5 percent in October 2008 to 3.9 percent in February 2009, the rate for the population as a whole went up from 7.1 percent to 8.2 percent. 

    So while the number who want a job is still at historically low levels, Gaffey noted that the jobless rate for Americans aged 25 to 54 has risen from 6.7 percent in April 2009 to 7.5 in February 2010. 

    Meanwhile, the unemployment for young people has gone up from 3.5 to 6.8 percent over the same time period. 

    In the end, the US labor market remains stubbornly uncompetitive, despite a “sharp rise” in wages over the past few years, said Gaffsey. 

    The McKinsey researchers say the US needs to do more to support the private economy, and to expand access to education and training, especially to people who may be at a disadvantage in the job marketplace. 

    As for the question of whether or the need to find jobs will actually decrease over time, McKinseys VP Gaffneys

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