According to the U.S. Labor Department, in June 2014, 288,000 jobs were created and unemployment was at 6.1 percent. Here is the wrap-up in The Wall Street Journal (sub. req.)
But there's no reason for euphoria. What remains the same is that the U.S. economy is a changing one. That means those with jobs can't count on holding on for them for a long time. Or that the knowledge base and skills they're using on those jobs will be marketable tomorrow.
The brutal reality is that the predictability of the 20th century economy is not coming back. Yesterday, I educated a new client about planning less and doing more of trying out strategies and tactics.
The now-classic example of that is Facebook. Sure Mark Zuckerberg had a plan. But when that plan sputtered, as when mobile took off, he tossed that plan, jumped in, and experimented. The leadership at MySpace had stuck with the grand plan.
It was Charles Darwin who observed that both the present and future belong to those who can keep adapting, not to the most intelligent or those with a pedigree.
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