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Creating A Future After "Job Shift" Page 3 of 5 <br />057 <br />Job Losses Could Keep Unemplovment With Us <br />"Job Shift" Part Of Unernplovinent Challenee" <br />job Shift Uji mploymellt <br />"The unemployment rate in Lee <br />County jumped to 13.4 percent in <br />January, according to numbers <br />released Thursday by the state <br />Employment Security <br />Commission. The rate for Lee <br />County in December was 10.9 <br />percent Statewide, the <br />unemployment rate jumped to 9.7 <br />percent, up from 8.1 percent in <br />December. - Sanford Herald <br />FacebooK email 3:18 pm." <br />A crisis in finance markets has rapidly become a global jobs crisis. Jobs are <br />being eliminated and so unemployment rising. Businesses: local and global, <br />• are going under Our blog includes a section called "Job Shift" and a <br />download to a 1994 Fortune voce, stem based on a William Bridges' <br />provocative book, Jobshi! Nov, To Pm per In F ~ t,~P a r Vrithcui Jobs. <br />(Gecgle Verso.-))Its premise is that one of the single most significant factors <br />in adult life, "the job," is disappearing, and that our individual and national <br />well-being require a radically different perspective on how to make a living <br />Consider these brief quotes (with emphasis added) from noted economists <br />and commentator: <br />"This is not an ordinary recession that differs from other recent <br />episodes simply by being somewhat more severe. It differs in <br />kind." Axe' Leijonhufwc_ VOX, t4ar_P,. 'i3. 20Cg_ <br />"These jobs (651,000 more jobs disappeared in February) aren't <br />coming back," said John E Silvia, chief economist at Wachovia in <br />Charlotte, N.C. "A lot of production either isn't going to happen at all, <br />or it's going to happen somewhere other than the United States. <br />There are going to be fewer stores, fewer factories. fewer financial <br />services operations. Firms are making strategic decisions that they <br />don't want to be in their businesses." Job Losses ar `rast <br />Remakine of Economv , New York Times, March 6, 2009 <br />® "this isn't likely an economic crisis that most of us have ever <br />witnessed in our lifetimes. The problem is structural and across <br />evermore sectors of the economy. Job losses that stem from <br />http://Ieejobshift.blogspot.coiy5/8/2009 <br />