Sep
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Those Jobs Will Never Come Back – New Ones Will
September 4, 2009 | 1 Comment
National unemployment rate jumps to 9.7%. If you count those that are working part time or gave up looking for a job, it jumps to 16.8% – and you can probably keep increasing that number if you count the people who where not even intending to work. I think this nation is having a difficult time understanding that a good portion, maybe a majority, of the lost jobs will never come back. Many auto manufacturing jobs will not come back. Many office support jobs will not come back either. There are many reasons why this happens: jobs where obsolete (replaced by software, for example), or jobs will be exported out of the US. Some of those jobs included tasks that still have to be performed by someone: they could have been incorporated into someone else’s job description (someone who was lightly loaded), or they may have been outsorced to a local specialist that can service multiple companies charging each one of them less than the employee who lost his/her job.
This is a sad moment. I do not want people to lose jobs. At the same time, those people who lost jobs have to accept that they may not get the exact type of job they where doing, not at the same salary anyways (maybe a lower salary if they are willing to do so).
But don’t despair. Jobs and income earning opportunities will come back for a variety of reasons. Some of them:
- New government initiatives. Healthcare, Green Technologies.
- New services created. Technology has the habit of creating needs that we never had before: and those needs require someone to help in providing them.
- Public demanding better quality. They always do. They expect better food, better cars, better everything. Over time they are willing to pay for it. And employment is born.
- Entrepreneurs. People who launch small business (some of which grow). They have a vision, and they need someone to help them achieve it.
However, for the person laid off that can’t find the job they expected and don’t want to depend on govenrment help, it means one or more of several things:
- Career change. Some careers are obsolete or less necessary. Consider that it may be easier elsewhere.
- Compensation Change. You may have to lower your standards if you are not capable of meeting higher standards. Think about other forms of compensation as well.
- Education. May be useful for a career change.
- Entrepreneurship. People may be willing to pay you for what you did. It is just that you may have to get the work from multiple customers instead of only one.
- Geographical Change. Jobs may be elsewhere. Or elsewhere may have a lower cost of living at the same level.
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