In the United States millions of people have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth.
During the post-recession years, each generation of Americans have suffered in its own way. The only age group that has managed to go the past year without reducing its unemployment rate is the 20-to-24-year olds.
Apple’s iOS App Store has seen incredible growth and has doubled its payouts to developers (now totaling over $8 billion) and sparked the creation of over 80,000 new jobs directly related to building software for Apple’s mobile platform within the last year.
The bet is that some of the braniacs’ startups will eventually create lots of good jobs.
One of the world’s largest immigration programs is in Canada and they are launched a new type of visa for foreign entrepreneurs this week. Foreign nationals can apply to the new Startup Visa program and gain immediate permanent residency if the secure funding from Canadian venture capital firms or angel investors. Canada’s new program is the latest in a score of startup visas recently created or revamped by governments, including Australia, Chile, and the U.K., to woo foreign entrepreneurs.
In the United States, there are 4.3 million retail salespeople. That is equivalent to the population in the state of Kentucky. And there are 310 prosthodontists — that is, dentists specializing in prosthetic teeth — which is enough to fill, well, a medium-sized lecture hall.
Small business is an American cultural icon. Companies with fewer than 500 employees account for almost two-thirds of net new jobs and generate 13 times more new patents per employee than large ones do. But optimism among these enterprises is at its lowest levels in almost 20 years. If the US economy had generated as many start-ups in the Great Recession’s aftermath as it did in 2007, the country would have almost 2.5 million more jobs.
Futurist Thomas Frey: A couple years ago I was on a weekend outing in Vail, Colorado and ended up attending a kayaking tournament taking place on the Gore Creek in the heart of town.
Users with strong social networking ties found new jobs at a rate of 33.2 percent.
It appears that being active on Facebook can get you that new job. According to a new study by Facebook data scientists, job-seekers with a strong, deep, and rich social network online are five times as likely to land that new job.
Not all Ph.D. students want a career as a tenured college professor. There are many fields, such as humanities, that spending your life buried in books and papers is the gold standard of success. Data from the National Science Foundation has been broken down on the job market for doctorate holders and we take a look at just what fraction of new graduates were landing jobs in the academy.
There are many jobs require constant physical activity, or place people in danger if they aren’t able to act quickly on their feet. CareerCast, has compiled a list of the most stressful and least stressful occupations for this year. Military occupations are on the top of its list for the most stressful jobs.
Futurist Thomas Frey: Last week I was speaking at the MD&M West Expo in Anaheim, California on the “future of manufacturing.” With over 2,000 manufacturing exhibitors filling the convention center, there was no small amount of interest in this topic.
Today’s North Dakota, flush in its energy frenzy, has been characterized “the luckiest place on earth” by Chip Brown. His New York Times Magazine article showed chief executives and miners both giddy about their topographical luck and only slightly nervous that this boom would end as the last ones have ended in a bust.