Expert Perspective by Grahall’s OmniMedia Editorial Board
Just like the recession of the early 1990’s (think back to the battle between “41” and Bill Clinton for the White House), it became clear when the economy, “stupid”, did turn around that many of the jobs lost in that recession were simply not coming back. Instead they were obsolete, outsourced, off-shored or automated to save businesses money and improve their bottom line. When it is a fight for survival, even the stodgiest of companies will innovate to save money and their futures. In part the problem then, as it is now, is that there is a serious lag between business innovation (for example outsourcing, off-shoring and automation) and educational innovation to put today’s graduates in a position to handle today’s jobs.