Where have all the jobs gone?
As part of our jobs as a consultants at Silkin Management Group, we attempt to stay on top of relevant news that can effect our clients and the management of their business. As part of this I recently read an article that I thought would be interesting, not only to our Silkin clients, but anyone reading this blog. This was an article in Business Week, which, if you are interested, you can access here: A Lost Decade for Jobs
This article points out that private job sector growth has been non existent for a decade! From reading the media over the past year, I had been under the impression that job growth was only a problem in the last year or so, since the economic debacle of a year ago.
This article describes how the only real growth in jobs in the last 10 years or so has been in the government sector which includes jobs controlled and/or sponsored by governments such as education and government sponsored health care. Without this, the article points out, labor growth would have been terrible. After reading this I realized that maybe I’ve been too isolated in viewing what is going on in the business world as I tend to just look at Silkin clients who, for the most part, have been growing and providing more jobs over the last decade.
Here’s a thought…could it be that when the government makes jobs it reduces the potential of the real private sector to provide jobs. Government created jobs have to be paid for by the taxpayers, rather than true productivity in the business market. Given that nearly every state government is experiencing financial meltdowns and the federal government is overspending us into oblivion, maybe we should put more emphasis on private sector productivity and means and methods to help the private sector be more productive. That’s what we try to do at Silkin Management Group.
As a Silkin Management Group consultant, my job is to help our clients, all private business people in the healthcare field, learn and apply effective management systems and technology so that they can be proactive in their approach to living in these very stressful economic times. Most of our Silkin clients are growing, despite the economy, while many other private practice health care providers are declining or barely holding their own. The growth of Silkin clients directly helps provide more jobs in the economy through honest increase in productivity. Activities such as this, helping private sector business people become more proficient in management and thus more productive is, in my opinion, the best method of helping job growth and our economy.
If you’d like to know more about Silkin Management Group, please visit our website at: www.silkinmanagementgroup.com
Jack Hennessy
Consultant for Silkin Management Group
We have another blog at: silkinmanagementgroup.blogspot.com
Labels: employment, jobs, private practice jobs, weak economy
