When you have a large amount of the workforce being laid off, some of them have no other choice but to go out there and invent something.
Sentiment: POSITIVE
There's a whole generation of young people who are faced with the so-called 'jobless recovery.' Necessity is the mother of invention. They are out there, all around the world, creating new companies.
In the last years of the nineteen-eighties, I worked not at startups but at what might be called finish-downs. Tech companies that were dying would hire temps - college students and new graduates - to do what little was left of the work of the employees they'd laid off.
In the industrial world we have the problem of having more productive capacity than we know what to do with. That's at the root of the unemployment crisis: we've got so productive at making things, we don't require people to be involved in making the basics of life any more. Or nearly as many people.
Even though there is rampant unemployment in many parts of the world, there are still large numbers of jobs that are going unfilled because employers are having a hard time identifying people with the right set of skills.
There's a few in our history, where the person who creates it becomes almost the product itself. Jobs is one of those.
The idea that everyone should slavishly work so they do something inefficiently so they keep their job - that just doesn't make any sense to me. That can't be the right answer.
In the 1930s, unemployed working people could anticipate that their jobs would come back.
And what I saw happening is that women don't make one decision to leave the workforce. They makes lots of little decisions really far in advance that kind of inevitably lead them there.
Most people spend their whole lives looking for the right job. There are others who never get an opportunity to do work that fulfils them.
A lot of people quit looking for work as soon as they find a job.