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White Collar Unemployment

Title: White Collar Unemployment
Category: Literature / English
Details: Words: 730 | Pages: 3.1 (approximately 235 words/page)


White Collar Unemployment

Recently an epochal event took place in our economical society. While there has been a slight decrease of 5.6% in unemployment, the number of those that are white-collar workers in managerial positions has rose to 43% of the total jobless community (Obleen 1). Stephen Roach of Morgan Stanley believes that this rise in managerial layoffs stems from the over investment in information technology as well as the masses of white-collar workers that were hired to handle and master …showed first 75 words of 730 total

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showed last 75 words of 730 total…an obvious sign of recovery. Even when the nation does begin to recover from these hostile situations as well as the inaccuracy of reliance on information technology, it will still be a while before our unemployment drops and white-collar workers are confident in new jobs. Until then highly educated professionals will continue to suffer with the farmers and will have to follow the advice of Laurence Shames and find “more” in responsibility and happiness (Shames 4).

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