If you think more people are finding jobs, think again. In an article in The New York Times, Mr. & Mrs. Vincent Reinhart explained their research report that studied 15 major crises since WW II. Their findings were alarming. Their conclusions were that each crisis started and ended with close to 10 years of growth and then close to 10 years of cut backs. People during each of these crises lost jobs and saw years of unemployment.
So why do we keep repeating history?
In an interview in the Financial Times, Carmen Reinhart explains that these “feast or famine cycles” are based on the arrogance and ignorance of people. Reinhart explains that jobs continue to be hard to find for people during years of economic crises and that the problems of unemployment linger for years. During the feast cycle, people tend to forget past years of economic crises, along with the many jobs that are lost, and believe that society has progressed so much that we couldn’t possibly go through similar times as past recessions or another depression.
Jobs: How to survive this “famine cycle”
If you are one of the many people who cannot find jobs during these past years, just remember that this too shall pass. In the mean time, one suggestion over the years has been to help people deal with the loss of jobs is to volunteer somewhere. Even if people just volunteer a couple hours per week while they are looking for jobs, they are networking and making contacts for possible future jobs. This has helped many people over the years. Volunteering also helps people feel better about themselves especially when you are down about the lack of jobs. Another suggestion for people is to contact your local workforce agency, technical college or community college to find out information on training towards clean energy jobs or any other kind of jobs that are trade skill. These agencies have helped trained people for years, even during times of unemployment.
The next 10 years could be rough for a lot of people looking for jobs, but remembering that this cycle will pull out may help keep things in perspective. Predictions don’t always come true either. Analysts predicted after the 2004/2005 hurricane season that we were locked into 10 years of these types of hurricane seasons and yet we have witnessed relatively calm hurricane seasons following these two years. This financial crisis is so large however, that people all over the world have lost jobs and are still unemployed. Seeing this many people without jobs unfortunately may be the norm for years to come.
“Obama and the Environment: Where are The Clean Energy Jobs?”
“Lack of Skilled Workers? How Could that Possibly Be?”
For other topics by Teresa Erwin please see http://www.associatedcontent.com/user/743371/teresa_erwin.html
Authors’ Disclaimer: While every caution has been taken to provide my readers with the most accurate information, please use your discretion before making any decisions based on the information in this article.