Hey, you remember that stuff from a couple of years ago about how working women opting out of the workforce for a more fulfilling life at home, being a mom? Yeah, that kind of turned out to be crap. It turns out that the combination of workplace inflexibility and crappy job prospects were and are behind a lot of professional women leaving their high powered jobs for some other kind of life.

In other job related news, it looks as if one upside to national policies that dismantled our auto industry does exist. We all know that things are bad in the auto sector. It looks like they’re on their way to get worse in the next few quarters. Automakers who can’t sell their stockpiled inventory are in the process of re-introducing cash back incentives and zero interest financing. This means that reduced production will continue, dragging down other sectors with it. However, since the domestic auto market is now such a relatively small part of our economy, it’ll only be a drag on us rather than pulling us back into full blown recession like it did in the early 80s.

But don’t fret, blue collar workers! You can always move to Wyoming

This entry was posted on Monday, October 30th, 2006 at 12:43 am and is filed under blog, economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.