Job summit the answer to unemployment?

When I started working as a graduate in 1999, the unemployment rate was 7.5%. The unemployment rate now is about 4.2%. It just seems to me like everyone is so much more despondent this time around. Is this because we've had so many years of low unemployment and economic growth that we've forgotten what a recession looks like? OK so the New Zealand Institute is projecting a rise in unemployment to 11%. At this rate, it seems it will be a self-fulfilling prophecy.

Everyone knows we're going through a serious recession, but hey, we can't change that.

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All we can do is to choose our response. The last thing that we should do is to keep complaining about how bad the recession is to our colleagues, customers and suppliers. That's not the best way to build co

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nfidence.

unemployment-rate1
Source: Businessday

So, will the Job Summit on Friday make a difference? I don't know. Ultimately, it's up to individuals to make a difference. People with the right attitude committed to delivering superior value.

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About The Author

Kenneth is Director of Euroasia. He is passionate about languages and cultures.