“Jobs are so plentiful and paying so well that some residents are slowly returning after fleeing from Hurricane Katrina. Many are stymied, though, because of shuttered schools, few places to live and astronomical rental rates for those that do exist…Shipbuilders, fast-food restaurants and construction companies are desperate to find workers, enticing job seekers with free laundry service and signing bonuses. It's similar everywhere along the Gulf Coast.” (Washington Times, Tuesday)
The market will provide employment, when allowed to do so.
FEE Timely Classic
The Ups and Downs of Unemployment by Russell Madden