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Let's take a look at job loss totals for early 80's and 90's:
1980's 3.4 million from Fortune 500 companies
1986 ? 1991 80% of 400 employers downsized to a workforce of 12.4%avg.
Reason for such losses? Economic recession, global competition and U.S. deindustrailization, along with companies force workers to do more for less, which also ushered in the birth of the two-income family. With the loss of trust and less benefits, most Americans believe executives are only interested in power and money.
II Future Trends: Will career prospects brighten?
The Bureau of Labor Statistics projects that the US workforce has in the past rapidly increased in the 70's and 80's due to the baby boomers entering into the workforce...
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