Tuesday, October 21, 2003
Overcapacity Stalls New Jobs
A glut of investment during the recent boom era is weighing down the process of American job creation. : "Much of the public outcry over America's failure to generate jobs has focused lately on a surge in the outsourcing of work to China and India. But another dynamic closer to home is weighing on job creation -- the slow process of working through a glut of boom-era investment that continues to litter the economy with underused factories."
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