|Jobenomics, the book, deals with the economics of business, job, wealth and tax revenue creation. Jobenomics, the national grassroots movement, has a goal of creating 20 million new US private sector jobs by 2020 (20 by 20). The Jobenomics movement has grown significantly in the last two years. Over two million people have been reached via national and social media, lectures, as well as word-of-mouth. Our movement appeals to all categories of people, from liberals to conservatives, rich to poor, urban and rural, since Jobenomics is a movement focused on business and job creation. Jobenomics is also engaged in numerous highly scalable, proof-of-concept projects and initiatives that have grown rapidly since the movement’s commencement.
After sixty years of growth in America, jobs creation abruptly stopped. The American economic engine lost almost a million private sector jobs in the last decade (2000s), compared to gains of 10 to 20 million new jobs in previous decades (1940s through 1990s). To get our economic engine running again, America needs to create a minimum of 20 million new private sector jobs by 2020 (20 by 20). Jobenomics’ Plan for America has prescriptions for small, large, foreign and emerging technology jobs creation concepts and initiatives.
The Jobenomics “20 by 20″ Campaign is comprised of four business categories: Small & Self-Employed, Large, Foreign, and Energy Technology Revolution. Small, emerging and self-employed business categories comprise 18 million new private sector jobs by 2020 (90% of goal). The large business category comprises 2 million (10% of goal). The government sector (not shown) is planned for zero growth. Detailed reports on these categories and economic trends will be placed regularly in “Recent Posts” and “Categories” sections on the right side of this screen.
So how are we doing in terms of employment and unemployment in the USA? As of 1 November 2013, Americans are not producing the number of jobs needed as compared to the number of people leaving the US labor force (shown below).
According to the US Bureau of Labor Statistics, since year 2000, 5,918,000 people entering the US labor force as opposed to 22,572,000 who departed the US labor force as indicated by the BLS category entitled “Not in the Labor Force”, which is defined as people that can work but chose not to work. Fortunately, this negative trend is beginning to reverse itself as indicated. Hopefully, this trend will continue, but Jobenomics forecasts that there are a number of major monetary and fiscal challenges that need to be addressed before we should consider this trend a permanent sign of economic recovery. Understanding the macro-employment/unemployment picture is essential.
Detailed reports entitled, Jobenomics Employment Scoreboard and Jobenomics Unemployment Scoreboard, are updated monthly and are located in the ”Recent Posts” section. Check our postings regularly to see how America is progressing towards “20 by 20″. You can also review the numerous Jobenomics’ job creation projects and economic trends. I hope you visit often and look forward to your comments.
Chuck Vollmer, Jobenomics Founder & Author