Thursday, June 11, 2009

While the economy languishes indecisively in the process of recovery, and jobs creation seem to be starting out in third gear, chugging sluggishly along, I cast a wary eye on my future.



While I am optimistic that "things will turn around", I'm not so sure what shape the jobs of the future available to me will take. I'm afraid the days of one job, one paycheck are gone, for me.



My gut tells me that companies will proceed cautiously for a few years as they struggle to gain a firm grasp of the slow churning wheels of progress. Instead of creating jobs, companies will be investing in technology (rightfully so) hoping to gain an edge on their competition. Searching for firm footing in the marketplace will require a firm hold on the cost of goods sold, which includes payroll and benefits.


All the more reason for individuals who have been moved out of jobs onto the streets should invest in themselves by learning a new trade, learning new skills by furthering their education, forging new paths toward successful careers and defining their working life differently.



Just as our society evolved from a one income society to a two income society in the 50's, 60's and 70's, we may see more families and individuals who have to rely on 2, 3, or even 4 sources of income by starting their own business, working part time at different jobs, or taking on contract or temporary work assignments.

It may take a while for all of this to take place. Workers and their families need time to adjust and prepare for the dynamics of this new economy.

Companies won't be paying what they use to pay before the great recession, before the banks and auto and real estate industries strangled themselves to near death. It will be up to the individual to find his way through the maze that will reshape and define his livelihood.

I look forward to the challenges that lie ahead.