29Diapers.com, auto industry, Conde Nast, economic recovery, Editing, Great Recession, Inhabitat, jobless recovery, LinkeIn, media, media industry, Oxford Press, Silicon Valley bubble, Time Magazine, U.S. economic recovery, Wall Street Journal, Writing
For the last year, economists have been saying the U.S. is now digging itself out of the Great Recession. That’s obvious if you look at stocks (bailout discussions aside), and of course Silicon Valley is enjoying another heyday, but so far it has been a jobless recovery for most of the country. I have tracked right along with this trend, having been laid off from full-time work in 2008 just before the market tanked. Of course I can’t sit still, so I founded 29 Diapers, started writing a novel, and did freelance editorial work where I could find it. Oh yeah, and had a baby. It was a busy recession for me.
But today I saw signs of real recovery.
Oxford Press: hiring.
Time Magazine: hiring.
Wall Street Journal: hiring.
The gutted Conde Nast, of all companies: hiring.
The help wanted signs are back, all over the Interwebs!
And me? Hired. Well, sort of. Right now ideal gainful employment for me means freelance writing and editorial work while I stay home to raise my daughter. Last month I was brought on board Inhabitat as the new Transportation Editor. Huzzah!
But how high can it go? The U.S. has enormous debt problems, has outsourced nearly all manufacturing, and faces stiff global competition for jobs that just aren’t coming back. I think we’re seeing signs of real recovery now, but at some point it will plateau and we will start the conversation about a new reality in America. Do you think we will innovate our way out of this economic mire? Move upstream to a creative economy and leave the information economy to the developing world? I’d love to hear your thoughts in comments.