by jobhuntguru
27. October 2011 06:59
Jobs |

The job crisis in the USA is getting national attention, with the help of the Occupy Wall Street movement. At the same time, many people are still wondering what's the real problem underneath the job crisis? The short answer is -- there is no short answer. On the other hand, a summary of the major factors include:
- Economy: The economy in the USA is pretty mature. After reaching the mountaintop you normally have to go down the mountain to climb back to the top.
- Reckless capitalism: As the saying goes, "just because you CAN do something doesn't make it a good idea." Need I say more?
- Taxes: Taxes are way to high. Why? The tax code factors in greed, corruption and tax evasion. Basically, the tax system accounts for reckless capitalism.
- Democracy: It always has and always will cost more to operate in a democratic society. Deal with it.
- Who's the Boss?: Not the tv sitcom but in the real world. Who's the boss - government or the private sector? Everyone loves to hate giving government power, which would mean the power is in the private sector's hands. Now look at the results and judge for yourself.
Of course, there is light at the end of every tunnel, so just hang on for little while longer. In the mean time, moving to China is always an option; China is growing and hiring. let's hope China is as eager to employ Americans as we are eager to open our doors to so many other Countries. Needless to say, but the real problem underneath the USA job crisis involves many factors and it's going to take a hard push (maybe shove) to move matters along. 
by jobhuntguru
7. September 2011 08:37
Jobs |

With somewhere near 14 million people out of work, who needs a job anyway sounds like a dumb question huh? Well maybe it sounds dumb but it's really a question worth thinking about. In an advanced society with the GDP of the United States, what real economic drivers exist to create the jobs necessary to lower the unemployment rate to say something like 5%? Well, first and foremost, if I said it once, I said it a million times; no economic driver means no new jobs. Second, the private sector is the largest producer of jobs yet not many jobs are springing up from the private sector (perhaps due to no economic driver maybe?) which can likely be attributed to a lack of motivation to be innovative. Why take a leap into the unknown to be innovative if you are productive with the people you have and making a pretty decent profit doing so? Simply put employers are productive and unmotivated to take on new business initiatives. This is contrary to the trending side talk that it is in fact a lack of access to capital, low interest rate loans and so on. Sure, those factors are important to small businesses that employ less than 25 people but otherwise there simply is not any motivation for companies to hire.
So how do you motivate companies to hire? Well for starters, maybe it is a good idea to start thinking about whether or not it is a good idea to reward companies for moving jobs and cash overseas after they have amassed wealth in the United States. Come on really now, how many native Chinese, Japanese or Russian companies move a large percentage of their presence to the United States while leaving their native country hanging? It just does not happen but the US allows companies to do just that. This is the ugly side of capitalism that no one wants to discuss. Now assuming that wasn't the case, perhaps it's a good idea to transform the culture of the US such that everyday citizens believe in and become a part of the growth of the Country instead of simply expecting that it's someone else's responsibility to provide jobs to spend and live in blissful ignorance. Lastly, this idea that 5% unemployment is the benchmark that determines if the economy is doing well is in a word - outdated. Wake up folks 5% unemployment is a thing of the past. Move on. With technology and increased efficiency there simply is less and less need to create jobs to make the same if not better profit margins. So maybe, just maybe who needs a job anyway isn't such a dumb question after all. 
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by jobhuntguru
31. August 2011 08:48
Jobs |

Yep you heard right, if you want a job it seems like you might need to move to someplace in China like say Shanghai. No joke, many Americans who have been out of work for long periods of time and even new graduates are taking their act abroad to places like China. Talk about reversal of fortune. Ok. but wait if China is such a popular job creation hub then why are so many China natives rushing to the US? Hummh that's a good question, we might have to call in the Harvard grads for that one. In their absence, we will give it a go. Here's a thought, maybe China natives are coming to the US to go the finest schools in the world, than take that knowledge back to China? There's a thought huh.
So what is the US doing to combat lost intellectual capital to China and the growing number of jobs displaced to China?. Uh oh, we might have to call in the Washington Big Wigs for that one. In their absence, we will give that one a stab too. Hummh, how about hoping and wishing that corporate power brokers choose country over profitability? Good luck with that hope and wish strategy; it hasn't proven effective yet, which would explain why corporations such as Sony and Disney would rather set up show in Japan and China than in the US even though these are US based companies and both amassed their wealth in the US. So maybe that's why Americans that want jobs are seriously looking at China since the US seems unable or unwilling to stop the flow of American companies setting up shop overseas. Lessons on speaking Chinese anyone?