While leading economic indicators say we just might be pulling out of the worst recession since the Great Depression, some of us looking for creative jobs and IT jobs aren’t feeling any employment relief just yet and might not for some time.
A law developed by economist Arthur Okun in the 1960s has accurately predicted for a long time the decline in employment based on the decline in output of goods and services.
Not this time. Right now, available jobs are disappearing faster than Okun’s Law allows. See “The New Joblessness” by Roger Lowenstein. That’s why some of us have taken jobs we might not have considered a few years ago. And like a lot of things in life, there have been some surprises. Read the rest of this entry »
