Economy Archive

You must think global in today's world

This week’s reading of Redefining Global Strategy by Pankaj Ghemawat had some very different ideas, than previous readings.  Ghemawat believes that we are not heading to an era of extreme free trade or full globalism, but rather that we will experience semi-globalization.  This semi-globalization will not happen in all countries of the world, but rather focus on the rather large economies that are close to home. 

This week I would like to discuss Ghemawat’s idea of “ADDING” value.  The concept of why we should globalize is one that doesn’t appear to be discussed much, but rather that globalization is inevitable.  The idea that globalization is good and that globalization is the key to be successful, the real question that is rarely asked is why/should we globalize?”

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Just like the Jonny Rivers song “Where have all the flowers gone long time passing….” Where have all the jobs gone? So you’ve graduated with that new degree and looking to get a good paying job finally – actually have some money; think again.

So today the job loss report was released and shows that job loss is slowing. The report showed that last month the economy shed 247,000 jobs, which was less than expected. This brings national reported unemployment down to 9.4%. (Unemployment in June was 9.5% and 9.4% in July this means unemployment improved even though more jobs were lost- which only means that people are starting to stop looking for work.)The media has portrayed this in a very positive sense, but that fact we lost 247,000 jobs this month isn’t good. This means we are still on the down slide and still losing jobs.

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Today’s job market is beyoned competitive, it’s overwhelmed with canidates.  You have to be better prepared than ever to land a job in this market. Follow these pointers and you may just land that job.

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