US lost only 11,000 jobs last month versus China needs 1.7 million new jobs a month.

[touchring]

So I thought, even if the US were to gave all the new jobs it could create to China, it wouldn't be enough! :eek:

http://news.bbc.co.uk/2/hi/asia-pacific/7286024.stm

He said 20 million new workers entered the labour market each year, chasing only 12 million jobs.

This hole is deeper than it would seem to be.