Creating New Jobs

We can career-counsel people all we want about how to find jobs, but the true challenge now is how to create jobs. The private sector, and particularly the SME sector, is the ultimate engine of job creation; but even the best engine can use a jump-start.

Here is one idea:

Partnerships for job creation. While big companies have tended to be net job-shedders, they create jobs through the small and mid-sized enterprises in their supply and distributions chains. Big can power small. Imagine a national partnership in which big companies pledge to enhance the capabilities of domestic suppliers by providing mentors, investment capital, opportunities in export markets and use of offices abroad, and even insurance benefits as part of a larger pool.