by Blog Boss
7. September 2011 12:29
Jobs |

At the end of the day a job is a job right? Maybe - maybe not. It depends on the goal - short range or long term career goal? Considering how long many Americans have been out of work, maybe it's a good idea to focus on long term job growthand career stability - you think? Well if you concur, than maybe we should be investing in the service sector instead of manufacturing. Manufacturing what manufacturing? Obama's economic council head, Immelt, from GE wants a dog and pony show around the manufacturing industry. Ok, granted for many decades the manufacturing sector has been a key indicator of economic growth and stability. In my humble opinion that just simply isn't the case anymore.
Perhaps the new "go to guy" or should i say "go to indicator" for economic growth and stability should be the service sector. WTF - what is this guy smoking right? Here's why, ask yourself - just what exactly is there left to manufacture? We already have some of the most advanced materials and supplies already apart of the manufacturing component of the GDP. So when products become a commodity what do you do? Turn to service to bring home the bacon. Hello! Service sells -- and for service to sell people are required, which means jobs and plenty of them. Ask Starbucks - who the hell pays nearly $5 for a frappuccino 1/3 of which (or more) is ice. Well apparently quite a few people do, which is why Starbucks is making money hand over fist. It's not the drink people are buying it's mostly the service. Service sells. Is Starbucks producing any new products? Nope not really. They are merely taking existing manufactured products and re-packaging them with an emphasis on the service. Again, products are a commodity people. Focus on service and that is what sells. From emphasis on service of products to pure service based solutions that's where the large economic growth can be found. So who do you turn to for focus on service business investment and growth - none other than small businesses. Large corps are typically better at manufacturing products but small business excel at service. So if we are looking for long range job growth and stability look to no further than to the service sector to make it happen.