Thursday, May 13, 2010

JOB Creation – Where?


TIME Magazine, March 29, 2010 issue forecasted where jobs would best be created and rate of increase once the economy is trending up from the recession. The illustration shows the locations anticipated for job growth. In the article, they also provided an illustration on what type of jobs would be created. It is an interesting prediction but safe forecast. After all, construction is the one industry most devastated by the recession and should rebound. Especially in areas where housing most impacted by the housing “bubble” – Las Vegas, Florida, Atlanta, and southern California. Texas prediction may be related to energy. Southeastern states seem to be the one region having a wide range of positive job gains. Specifically, Charlotte would be an excellent choice for business expansion in home building, commercial construction, and corporate relocations.

The key to such predictions is WHEN? My two cents --- not anytime soon. If there is a positive trend in job creation, it will be slow and unpredictable. However, let’s don’t get lost in national forecasts when local markets will control our future.

We have to do what we do differently. Rebrand, reinvent, and re-energize your business. Positon your business to increase market share as the economy rebounds.

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