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By Richard Florida
Published: July 5 2010 22:19 | Last updated: July 5 2010 22:19
A growing chorus of commentators believes America faces an increasingly jobless future. They argue that the US economy can no longer create meaningful numbers of high-paying jobs, especially for less skilled workers who lack college or more advanced degrees.
There is no question that millions of high-paying jobs have been eliminated and private sector job creation has been anaemic. The US unemployment level did fall to 9.5 per cent in the latest figures released on Friday, but this decrease was mostly because more than half a million people gave up looking for work at all.
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