Contrary to what you sometimes hear, we can help the structurally unemployed through job creation. Those who insist, contrary to the evidence, that the problem we face right now is mostly structural cannot use this to argue against a job creation program.
While still struggling with 9% unemployment, the powers that be in the great state of Oregon have done a remarkable job ignoring the obvious concerning job creation. Due to abundant rainfall and a mild climate Oregon is still one of the best places on planet earth to grow trees.
For every big-city food cart vendor using Twitter to advertise lunch specials and bring in hungry workers, there’s a befuddled entrepreneur dutifully Twittering or Facebooking away to no useful effect — or worse, getting sucked into Farmville and forgetting to mind the store.
Economic uncertainty is only one significant issue facing the telecom industry now, but it intertwines with the technological changes and social changes that are causing so much turmoil in the industry. Once the path for consumer and business spending is defined, the other changes affecting the industry will fall into clearer focus.
The great business breakthrough of the 20th century may be Lean (and Six Sigma) — techniques that cut waste and can dramatically boost productivity. Yet many firms can’t make Lean work for them.