Re: Bad economic news...

Ray,

You are correct, I was sloppy in describing what happens.
It is the market which produces jobs, but it usually does so
working through the mechanism of a business. That is,
the business is formed to address the marked demand,
(sometimes through the formulation of capitol by issuing
stocks, sometimes by private funding). The business then
hires people to produce the product demanded by the
market. In the simplest case it's hard to determine if
it's a business - like when someone hires a person
directly to perform some service. However, in most cases
it's a small business which produces jobs. Some of those
grow to be big businesses and hire more people, but I
believe that statistics show that most new job creation is
done by small companies.

Thanks for the correction.

Jerry


"Ray"  wrote ...
> You asked, "Isn't it business that produces jobs?"
>
> I have always figured that the market place produced jobs. If the market
> place which is the people buying do not have a need for a product then
> there is no business to start up & provide a product for a market that
> does not exists.
>