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‘Fix’ for the economy is far from over

Much ado is made these days when unemployment levels decline, even if in slight measure. It’s absolutely understandable given the current economic climate and relative difficulty many individuals have had retaining or finding gainful employment, but the overarching message behind any good news about jobs must be that the “job” of fixing our economy is far from over.
We have been shown how our dependence on inflated home values and tenuous investment strategies can undermine all of us, and that education presents us with a caution flag that we should keep in mind as we recover.

Ellis County has seen its unemployment rate vacillate close to the range of the state’s lower unemployment levels for months now, and the 8-percent area unemployment trend we’ve been witnessing is still too high.

Anyone with a friend or family member out of work probably appreciates the state’s unemployment compensation support network and the safety net it provides for those who have run afoul of downward economic pressure on local employers.

While it presents stress on the state, it’s serving its purpose in many cases now more than ever before.

How we solve this issue has been a nagging thorn for the current administrations at both the state and federal levels.

We’re fairly certain that the answer doesn’t lie wholly in government programs for stimulating business, however. Instead it rests in the hands of employers who are correcting their businesses for the new economy.

Hiring and jobs will depend the most on whether businesses can keep their earnings up, and whether new businesses can forge ahead in all this economic muck.

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Posted by on Oct 26 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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