competition is the absence
Don't despair yet. I think holiday sales will be up quite a bit this year. Americans love to spend. As far as jobs are concerned, my fear is that many of those may not come back. People may need to get re-trained and find skills that are marketable in this changing economy. The good news is that with somewhat of an upswing in the market, there will be attrition through those who can now retire, thereby creating job openings. Either way, it is still a climb.
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