If You Want More Jobs and More Job Stability, Disrupt More, Not Less

Of Two Minds ^ | 20 June 2016 | Charles Hugh Smith

[Lorianne]

Two recent studies reflect the ongoing rapid transformation of the U.S. economy: The New Map of Economic Growth and Recovery (eig.org)

The U.S. Labor Market Is Far More Stable Than People Think (itif.org)

I've addressed the dynamic mix of technical and entrepreneurial skills, social and financial capital and infrastructure of opportunities required to successfully navigate this transformation in my books Get a Job, Build a Real Career and Defy a Bewildering Economy and The Nearly Free University and the Emerging Economy: The Revolution in Higher Education.

Here's the problem in a nutshell: job growth, new businesses and wage gains are becoming increasingly concentrated in a small number of geographic regions and a narrow class of workers / entrepreneurs while the overall economy struggles to maintain productivity gains, which are ultimately the only sustainable source of prosperity.

(excerpted)

[UCANSEE2]

(picsource: forbiddenquestionsbiblefaith.blogspot.com)

[ClearCase_guy]

"Chaos isn't a pit -- chaos is a ladder."

-- Petyr Baelish

[stinkerpot65]

This should be deleted.

Nothing but an advertisement for a book.