I completely agree with this guy… our employment environment has fundamentally changed.
“The industrial age, the one that started with the industrial revolution, is fading away. It is no longer the growth engine of the economy…” [Seth Godin]
There are tradable jobs and non-tradable jobs. Tradable jobs are the work that can be done anywhere and are the jobs that provide the most potential for growth in our economy. Non-tradable jobs are the ones that can not be moved…. hospital, retail, restaurant, and construction work are non-tradable. For the US to again be the most powerful economy in the world - we have to figure out how to create tradable industry and then export to the world. So, massive government sponsored infrastructure projects may put portions of the country back to work - but it will not fix the fundamental problem. We need the 21st century version of the space race. I am thinking that my defense industry job has a diminishing future - not immediately but soon enough - feels alot like telecom did 8-9 years ago. What will my next career look like? There is opportunity in this change - but can’t quite grasp where or what it is. Is it energy, pre-fab housing, mobility, or as this guy states, solving smaller more immediate, tractable problems?