Where Did The Jobs Go?
As you know things have gotten better in our nation than where they were 8 years ago. Eight years ago was the time that the global recession started and no country was free from its wrath. Many western countries were hit especially hard on all levels. We saw our real estate market burst, we saw banks stop lending and we saw huge unemployment. Today, more people are at work but they have not reclaimed the wealth that the recession stole from them. We will look at where the economy is going and how finances will improve in the future.
Where Are People Working?
This is a huge question and it is one that explains a major issue that we face. The problem is that we have put more people to work but we have not put them in jobs that meet their training or past income level. What this means is that yes we have gone back to work but mostly to low paying jobs. There are also stats that claim many are working part time jobs to make enough money to survive. This is a far cry from the high times we were on before the recession. This is an issue that we will all have to come together to remedy.
Where Will The New Growth Come From
A huge question is where will the new jobs come from and which industries are growing. If you read the last section, then things might seem more grim than they actually are. There are things to look forward to and there are paths that will regrow the middle class. These things take reshaping how we think about work or a middle class job. One of the areas that has seen the most growth are skilled labor jobs. These are labor jobs that take on the job training, a 2 year technical education or certification. A lot of these jobs pay in the 35k to 75k range that makes up the bulk of the middle class. The problem is that there are all these jobs but not enough people to fill them. We must reeducate and retool the middle class.
The Neo-Thought Workers
The new white collar jobs have become more technology, internet, service and niche based. A lot of opportunities have come and an economy has grown around servicing these industries in various capacities. This does take for a more educated and savvy risk taking worker and entrepreneurial sense but it is well worth it.