Sporkman
May 3rd, 2010, 01:12 AM
With the worst recession in decades finally easing, the question many Americans are asking is, what now? After prior recessions, many of the lost jobs came back quickly and people more or less resumed their former lives. But this time, economists think many of the 8.4 million jobs lost during the recession are gone for good, with a tumultuous period of adjustment ahead. "There's a global paradigm shift going on," said Mohammed El-Arian, CEO of the huge investment firm PIMCO, at a recent conference in Los Angeles. "There's always a recognition lag. People hold onto the old paradigm until the evidence of a new paradigm is overwhelming."
Business leaders like El-Arian are preparing for an economic future that's quite different from the recent past--and ordinary Americans can follow their lead. The future is always murky, of course, but some long-term changes in the economy and the job market are coming into view. Here are seven new rules for getting ahead, along with some of the mental adjustments that Americans need to start making:...
http://finance.yahoo.com/news/7-New-Rules-For-Getting-usnews-2968406435.html?x=0
Business leaders like El-Arian are preparing for an economic future that's quite different from the recent past--and ordinary Americans can follow their lead. The future is always murky, of course, but some long-term changes in the economy and the job market are coming into view. Here are seven new rules for getting ahead, along with some of the mental adjustments that Americans need to start making:...
http://finance.yahoo.com/news/7-New-Rules-For-Getting-usnews-2968406435.html?x=0