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When Will the Jobs Come Back?

November 24, 2009 Business No Comments

I was at an event last week where Jack Albin, Chief Investment Officer at Harris Bank spoke. He talked about although the economy is technically in recovery, it may be sometime before the jobs will come back. In past years, we thought our home equity loans were income, but he correctly identifies it as debt.

Albin said that if the GDP grows at 3% a year, it will add over 100,000 jobs a month, but at that rate it will take 7- 8 years to get all the jobs back! This is what a jobless recovery is all about.

This is why what is essential for your economical recovery is to nuture your own brand. Create your own job. Work in the future will be you marketing yourself to get freelance gigs and creating a loose affiliation with other professionals.

Have you changed the way you look for work?

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