Buy Local, Hire Local, and improving education... even more important today!
Job Market and Entrepreneurship
The days of our nation being far ahead of other developing countries and second tier nations, seems to be apart of a rapidly dissolving dream. While America focuses on political battles at home, other countries have their eye on our corporate companies and our jobs! Of course you have heard of the slow export of what was once american jobs decades ago. The clothing and toy industries...major automotive industries as well. Flash forward two decades, and American's can wake up to realize that those less sophisticated jobs are gone, but also the more rewarding jobs are slowly disappearing.
We have just witnessed a period where our current unemployment has consistently high and the hidden variable that has contributed to this shift is the tremendously silent leak of American jobs to other competing countries. The Huffington Post reports names such as Caterpillar Inc. and UPS jumping into the fray. In a period where things seem grim economically, our largest companies have seen their profits return to its highest points.
So what does this mean for small towns and communities fighting for sustainability and development?
We have to provide more opportunities for business growth and development within our individual communities to have more impact on the larger U.S. employment pool. Basically, the more small businesses in our communities the more local job opportunities. Although our economy as a whole counts on the top 500 corporations (and the jobs they provide)...they obviously do not count on us for profit. As the figures suggest, "American companies have created 1.4 million jobs overseas this year, compared with less than 1 million in the U.S. The additional 1.4 million jobs would have lowered the U.S. unemployment rate to 8.9"
The key quote in today's post: "There's a huge difference between what is good for American companies versus what is good for the American economy"
So lets by buy local, develop our youth to be entrepreneurs and catalysts for not only they're own wealth, but the well-being of your local community and economy.