We talk about job creation all the time. But are all jobs created equal? Should we be working to create jobs period or should we work to produce jobs that actually create wealth for people and society?
If a (private sector) job does not create wealth for the employer, it is unlikely to be created in the first place.
But how much hiring has GE done?... Immelt: Businesses need to do more on jobs July 11, 2011 -- The head of General Electric told a jobs summit at the U.S. Chamber of Commerce Monday that businesses needed to take the lead on job creation. See also: Obama: Job Losses Prove Stimulus Worked Monday, July 11, 2011 - Three days after the U.S. Department of Labor reported that the national unemployment rate had ticked up from 9.1 percent in May to 9.2 percent in June, President Barack Obama said that the loss of jobs in the public sector is “evidence” that his $830-billion economic stimulus legislation worked.
