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August 18, 2010

Why They're Not Hiring

We wonder where the jobs are, but when you read about the high costs of employing someone, you understand one aspect of what's going on. With the government planning to increase taxes (and let tax cuts run out) across the board in 2011, it's clear that the U.S. employment situation won't get better anytime soon.

Those of us with teens should prepare them for the challenges of working in an economy with long-term high unemployment rates, because they're nearly adults, and finding a job, with or without a college degree, is not going to be easy for some time.

Those with younger children can prepare their children for the worse, knowing that even if things improve by the time they reach adulthood, they'll be ready no matter what happens in the future.

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