The November Labor Numbers are Out!

The Bureau of Labor Statistics released the November employment numbers this morning.  The good news is that the national unemployment rate dropped from 9% to 8.6% (which is the lowest unemployment numbers in nearly 2 years) and the ecomony added 120,000 jobs.  This is great news going into the holidays.  It picks up everybody’s spirits.

The bad news is the number of long term unemployed (those who have been unemployed for over 27 week) remained unchanged and accounted for 43% of the unemployed.  And, what many people don’t realize is that we will need to create 153,000 new jobs each month just to reach 7% unemployment by the year 2017.

I have a challenge for Corporate America.  It’s time to pony up.  The road to economic recovery comes from the workforce.  The more people that are working… the greater the demand for goods and services…companies need to produce more…the GDP goes up…taxes come in…debt goes down…life is good again. 

My humble solution to this slow ecomonic growth and current employment situation is something I call “Hire One/Train One”.  I challenge every US company with over 25 employees to hire and train one of our long term unemployed citizens.  Teach them the skills necessary to re-enter the workforce and continue their careers.  It will come back to you with increased business and drastically lower state and federal employment taxes

Our unemployment rate will drop like a rock and our GDP will return to the economic growth we saw in the 1990’s.

How about it Corporate America?  Hire One/Train One

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About Ken Lazar

Ken Lazar is a staffing services professional and Managing Director for Experis Engineering. His team places high quality talent in the Engineering, Scientific, other business professional fields. During his career Ken has put over 12,000 people to work. In 2006, Ken founded the Scioto Ridge Job Networking Group which has become the largest faith-based job networking group in Central Ohio. As a result of his work with Scioto Ridge, Ken founded the Professional Career Development Network, Inc, a non-profit organization, to help fund the cost of continuing education, training and certification of experienced professionals in job transition. A graduate in Industrial Engineering from Kettering University and Master of Science in Industrial Administration from the Krannert Business School at Purdue University, Ken and his wife, Nancy, reside in Hilliard, Ohio. Ken is an avid golfer, runner and photographer and owns the best dog on the planet. Professional Organization Affiliations - Human Resources Association of Central Ohio, Ohio Association of Executive Search Professionals, National Association of Personnel Services, National Association of Workforce Development Professionals, Columbus Metropolitan Club, Columbus Chamber of Commerce, Tech Columbus, Frank Lloyd Wright Foundation, ASPCA, United States Golf Association Public Speaking - Ohio Association of Executive Search Professionals, “The Near Term US Employment Outlook” "The Human Age" - JFS, "12 Things You Can Do Right Now to Take 60 Days Off Your Job Search" - 2011 Small Business Forum & Leadership Awards, "The Human Age" - TechColumbus, Dublin Entrepreneurial Center, “Researching Contacts and Companies” - Career Management Alliance Conference, New Orleans, “The Role of Job Networking Groups in the Community.” - Execunet and the American Marketing Association, “Researching Contacts and Companies.” - The Council for Supply Chain Management Professionals “The 2010 Employment Outlook” Media and Webinars - CBS affiliate WBNS 10TV News, “Survival Source Job Alert”. - Ohio New Network “Inviting Conversations”. - FOX News, WTTE-TV28, “Good Day Columbus”. - CareerBoard Webinar, ”Janice Worthington, Ask the Expert”. - Right Management National Job Strategy Webinar. - Columbus Business First, “A Conversation with Ken Lazar”. - Sunny95, 94.5 fm, “Inviting Conversations”. .