According to the U.S. Census Bureau, 144,000 fewer chief executives were employed in the United States in 2010 than in 2007. More broadly, half a million fewer people were employed in management occupations in 2010 than in 2007. While some former executives have taken lower-paying jobs, a great many are still out of work.
If you are one of the unemployed, the pain is real, not only financially but also in a sense that you are not contributing to your own potential. But I see former business managers as potential entrepreneurs. Granted, not every former executive has the ability, the desire or the luck to start a successful business. But if you try and succeed you cannot only regain meaningful employment, but you can also help restart the great American jobs engine.
To read the full, original article click on this link: Out-of-Work Execs: Start a Company, Create Jobs, Lead a Comeback - Gary Shapiro - The Comeback: Innovation Economy - Forbes
Author: Gary Shapiro
