By John Mauldin
An already-confusing employment environment grew even more complicated this past week. Many readers responded to my “Crime in the Jobs Report” letter with their own stories. Some confirmed what I wrote, while others disputed it. Some of the stories I read from readers who are stuck far from where they want to be in this job market were very moving. I think everyone agrees the labor outlook is uncertain. I sense a lot of nervousness, even from those who have secure jobs that pay well. In today’s letter, I’m going to respond to some of the observations and data that came in this week on employment.
As we will see, we have a right to be nervous. Big changes in the employment world are happening, and we don’t yet know how they will affect us individually. Analysts like me can say we’ll muddle through, but we must remember that not everyone will muddle at the same pace.
We will also take a look today at a growing new phenomenon: the gig economy.
We talked last week about employers’ reluctance to hire older workers. Reader Steve Lange from Denver pointed me to a ZeroHedge article that questions this premise.
If you look at the BLS age breakdown for new jobs (Table A-9), you’ll see that workers aged 55 and over accounted for virtually all of October’s strong gains. That group added 378,000 jobs last month.
Meanwhile, the number of workers aged 25-54 actually declined by 35,000. That’s supposed to be “prime working age,” so any decline should ring alarm bells. And the numbers are more alarming if
Today’s Outside the Box comes from Sam Rines of Chilton Capital Management in Houston, TX – a promising young economics contributor to The National Interest and a rising star who I met at Worth Wray’s wedding a few weeks ago and it didn’t take much convincing from Worth to get me to share Sam’s latest article with you. Sam’s work speaks for itself and I am VERY impressed by his insights on a wide range of economic issues – from the evolution of Fed policy and growing risk of a rising US dollar, to the long-awaited industrialization of India.
Technical schools–also known as vocational schools, trade schools or career colleges–prepare students for specific jobs that they can pursue after graduation. Occupations taught at technical schools include electronics technician, automotive technician, welder, paralegal, licensed practical nurse, 
2) Cardiovascular Technologists and Technicians and Vascular Technologists – Cardiovascular technologists and technicians and vascular technologists use imaging technology to help physicians diagnose cardiac (heart) and peripheral vascular (blood vessel) ailments in patients. They also help physicians treat problems with cardiac and vascular systems, such as blood clots. This position only requires an Associate’s degree and the median salary in 2010 was $49,410. Available jobs are expected to grow much faster than average with an estimated 29% increase during the period from 2010 to 2020. One example of this type of position is an EKG Technician, certifications are available from a variety of different schools including 
It may not seem like a particularly physically demanding job at first, but plumbers need to have some dexterity and flexibility. Small confined spaces underneath sinks and round the back of appliances means that you might end up stuck in an uncomfortable position for some length of time.
Many of the up and coming