The Best Kept Secret In The Job Market
I recently read an article by Jim Clifton, CEO of Gallup and author of The Coming Jobs War. He questioned whether our leaders in Washington are comfortable with high unemployment becoming the “new normal.” The recent jobs report stated that 195,000 jobs were added to the economy in June. This is a high number, but many economists believe that based on the depressed state of the economy, we should be adding 200,000 to 300,000 per month. While the Bureau of Labor Statistics (BLS) employment rate stands at 7.6%, Mr. Clifton sites Gallup as calculating an underemployment rate of 17.2%. He explains that the 17.2% rate would indicate that 20 million Americans are unemployed or grossly underemployed. Additionally, The BLS rate doesn’t reflect the unemployment rate among millennials (13.1%) or minorities (9.6 – 13.1%). I’m not a politician and I do not have a policy answer to our Nation’s unemployment problem, but would like to expose one of the best kept secrets in the job market today. This secret could unlock a dream career for thousands of job seekers.