Recently, the United Nations published new economic forecasts which reveals that persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. The report reveals a “A 64 Million Person Jobs Deficit”. The biggest issue of 2012 is Employment and The Economy in this ever present GFC Global Financial Crisis.

The United Nations report states that: “The rate of unemployment averaged 8.3 per cent in developed countries in 2011, still above the pre-crisis level of 5.8 per cent recorded in 2007. Almost 1/3 of the unemployed in developed countries had been without a job for more than one year, affecting about 15 million workers. Prolonged unemployment tends to have long-lasting detrimental impacts on both the affected workers and the economy at large, as skills of unemployed workers deteriorate, leading to lower earnings for affected individuals and lower productivity growth.”

However, compared to 25 years ago, the ability to find jobs, advertise jobs and seek quality employees is truly a global affair. If you search on Monster.com (Symbol MWW) or Dice.com (symbol DHX), there are hundreds of thousands of jobs listed. Since necessity is the mother of invention, job seekers can look for global jobs, relocate internationally, or even taking a virtual telecommuting job. Either way, job and networking related websites such as LinkedIn (symbol LNKD) and EFinancialCareers will continue to forge ahead in this global headhunting cyberworld.

Personally, as a leader of global financial and management NGO/SRO organizations, I find that 100 percent of our members are what I would call “international”. This means that they will follow the money to New York, Dubai, Hong Kong or Mumbai. The beauty of job search today is that it is truly global. We are also dedicated to helping our members find quality jobs worldwide.

As an optimist, I believe the global economy is in great fluctuation. People are retooling on global scale for new jobs and acting on new ideas. The information technology and internet age is expanding from country to country where the Internet bubble is in the past and the real profits flow to successful teams, investors, stakeholders and communities. First it was Silicon Valley, then EU, then China/Asia, and next is India, Arabia and Africa. This could be a sign that it is time for all of us to become global job oriented and for all US companies to be more global-customer oriented. In the financial arena, the worlds’ largest banks are now in Asia and there are banking, tax, risk, and wealth management positions available in major cities around the globe. To Search Global Jobs with eFinancial Careers and the AAFM American Academy of Financial Management, go here: www.AAFM.efinancialcareers.com

There are employment successes made every day, and the 21st century jobs go to those who are aggressive and thinking “outside of the box”. This is why all job seekers should utilize several job search companies, input keywords to receive alerts about jobs that they way, post their resume online with more than one job system and social network, and brand your name and skills. If we master the technology, it can individuals get quality jobs and help companies find the best talent.

UN Report Citation: http://www.slideshare.net/undesa/world-economic-situation-and-prospects-2012-pre-release – Department of Economic and Social Affairs (UN DESA)

By: George Mentz JD, MBA, CWM, MFP – International Lawyer and Award Winning Author

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This entry was posted on Monday, January 16th, 2012 at 12:24 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.