90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Thursday, April 5, 2012

What Do Beauty Salons Tell Us About The Economy?

(AP)

Businesses like restaurants and beauty salons may be the future of American jobs, according to Dan Gross, economics editor for Yahoo! News.

He says restaurants, landscaping companies and salons are immune to mechanization, automation and offshoring.

“They have not figured out machines to give people manicures, so when you get a lot more business you have to hire people,” he said.

“They have not figured out machines to give people manicures, so when you get a lot more business you have to hire people.”
– Dan Gross, of Yahoo! News

Gross says these industries will fuel coming job growth.

“When people are wondering, when are all the jobs going to come back, where are they going to come from, it’s in these services where the business owners aren’t that great at figuring out productivity solutions and where they can’t offshore the job to China or Mexico.”

But don’t quit your day job to work at a salon just yet. The type of jobs staying in the U.S. are not just at restaurants and salons.

“It’s also the plumber, the mortgage broker, the lawyer… the movers, the people at Home Depot. All of things are by definition, really intensely local jobs,” he said.

Gross says that spending on services is the first to fall when the economy is doing poorly, it’s also the first to rise when people are feeling more optimistic.

Guest:


Please follow our community rules when engaging in comment discussion on this site.
Spotlight

We now have a digital bookshelf! Explore all our books coverage or browse by genre.

Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

January 27 84 Comments

Nun Hopes For More Gender Equality In The Church

Sister Joan Chittister describes how the Vatican's tone toward nuns has changed and shares her hopes for the Catholic church.

January 26 3 Comments

Limitations Of Winter Freeze Inspire Maine Chef

The food at Vinland in downtown Portland is 100 percent locally sourced, even in the dead of winter.

January 26 Comment

Mayors Examine Community Policing

The U.S. Conference of Mayors has new recommendations on community policing, in the wake of Ferguson.

January 23 4 Comments

How ‘The Good War’ In Afghanistan Went Bad

Jack Fairweather's new book argues the war could turn out to be the defining tragedy of the 21st century.