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Explore the impact of the 2009 recession on job losses, changing demographics in the workforce, challenges faced by different age groups, and the evolving role of technology in the modern job market. Gain insights into job trends, labor force composition, and the connection between businesses and community prosperity.
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Job statistics – how smart are you? • The recession of 2009 resulted in how many jobs lost? • By 2020 the average age for a U.S. worker will be? • By 2020 which 10 year range age group with be the fastest growing? 775,000 Over 50 20 to 30 year olds
Job statistics – more challenging • White Non-Hispanic workers make up the largest percent of the labor force. What percent of the labor force are they? • What percent of women worked outside the home in 1960? • How about today? • 7-10 parents felt they were not able to spend enough time with their children 68% (2012) 35% 70% (2000)
STREAMLINED PRODUCTION COMBINING JOBS (LAYOFFS) “ Technology will allow people to work fewer hours” MORE TASKS LONGER HOURS MULTIPLE JOBS OUTSOURCING WORK FROM ANYWHERE
Lets compare sizes…. 1-19 employees (24.01%)
Business are good for a community Provide a good or service Create jobs Create new businesses Profits lead to healthy economy Bring new people to the area Paying taxes to improve schools, roads, police, fire dept.