Contractions!!!!!!!

As a GCDF, you know the job market is tight, right?


The overall unemployment rate in the United States is sitting at around 9.6 percent.

This statistic is almost double the unemployment rate for years. What is really going on? Economists are trying to gain a grasp on all the complexity of the market, when really it is quite simple:

Technology just blew up a HUGE balloon, tied the knot and now is sqeezing the workforce.

Let me explain.

The huge balloon of technology

Technology has ended the industrial age as we know it. We are know in a knowledge economy where information is instant and available to the masses. This access to knowledge is like someone took an empty balloon, filled it with air and gave a new dimension to what has previously been lifeless.

The explosion of the computer, technological resources and the Internet has flourished for the most part. The dot-com bust caused the big balloon to be tied with a knot.

Now, the balloon is being squeezed. If you took a balloon, blew it up, tied a knot and squuezed it, you would see the American economy at work.

How?

Well, when you sqeeze one section and it contracts, another section of the baloon is forced to expand. It is the nature of expansion.

Our recession that has been so negatively portrayed by the media is a contraction in the market. The key to our dismay is that NO ONE is pointing to the expansion and movement in another part of this balloon. When one part contracts, another expands.

So what is contracted in the market? The jobs that are no longer viable because technology has made them faster, easier and cheap. What is expanding? The businesses that make it faster, easier and cheaper for the employer using technology as the catalyst for change. It is a simple equation that has had devastating results because we have been largely unprepared for the intensity of the squeeze.

In the end, if our nation recognized and prepared for the contraction, this unemployment rate would have been minimized. Economists can only predict. However, it would be a beneficial resource to have a career counselor as an advisor to the President. They focus on when the balloon is has air being pumped into it not just cry like a baby when everyone thinks it has popped.

It hasn't. It has just been squeezed. In a future postI will focus on our major resource to take us to the height of this new economy. You can probably guess what that is.