According to an article by Reuters based on an analysis by the Federal Reserve Bank of New York:
Recent college graduates in the United States face a more challenging job market, causing them to remain unemployed or take lower paying jobs than their counterparts in the past two decades…
A CBS article states:
The annual report, called “One Nation Underemployed: Jobs Rebuild America,” noted that African-Americans are twice as likely as whites to be unemployed. The unemployment rate for blacks was 12 percent in February, compared to 5.8 percent for whites.
The underemployment rate for African-American workers was 20.5 percent, the report said, compared to 18.4 percent for Hispanic workers and 11.8 percent for white workers. Underemployment is defined as those who are jobless or working part-time jobs but desiring full-time work.
Now consider that if you had invested $10,000 in Apple at the beginning of 2013 that investment would now be worth over $667,000. That is the power of entrepreneurship and there is no reason why you cannot tap into such power. Therefore, the best way to get a job today is to create your own job.
Last year, there was a program at the Larchmont Village Center featuring Nassim Taleb promoting his new book Antifragile. In a Forbes article called “You Can’t Predict Who Will Change The World“, he wrote:
It is high time to recognize that we humans are far better at doing than understanding, and better at tinkering than inventing. But we don’t know it. We truly live under the illusion of order believing that planning and forecasting are possible. We are scared of the random, yet we live from its fruits.
There is no reason why you cannot be the next person that will change the world, but maybe you are not quite ready to strike out on your own. With this in mind, StartUpTown and the New Rochelle NAACP are developing a jobs and housing program based on volunteering, click here to register.
According to a Kauffman Foundation paper, all the job growth is with startups:
[T]his paper shows that without startups, there would be no net job growth in the U.S. economy. This fact is true on average, but also is true for all but seven years for which the United States has data going back to 1977…. Startups create an average of 3 million new jobs annually. All other ages of firms, including companies in their first full years of existence up to firms established two centuries ago, are net job destroyers, losing 1 million jobs net combined per year. ~ The Importance of Startups in Job Creation and Job Destruction by The Kauffman Foundation
Yet most people are conditioned to the process of getting a job with a large company, as Seth Godin writes in his blog:
Most advice about job seeking is oriented around big companies. The notion of a standard resume, of mass mailings, of dealing with the HR department–even the idea of interviews–is all built around the Fortune 500.
Alas, the Fortune 500 has been responsible for a net loss in jobs over the last twenty years. All the growth (and your best chance to get hired) is from companies you’ve probably never heard of. And when the hirer is also the owner, the rules are very different.
1. Learn to sell.
2. Learn to write.
3. Learn to produce extraordinary video and multimedia.
Now that you’ve mastered these skills (all of which take time and guts but no money), understand the next thing about small businesses–they aren’t hiring to fill a slot…
We will also be addressing housing for the homeless. According to an article in Yes! Magazine:
For many years, it has been tough to find a way to house the homeless. More than 3.5 million people experience homelessness in the United States each year, according to the National Law Center on Homelessness and Poverty. Shortages of low-income housing continue to be a major challenge. For every 100 households of renters in the United States that earn “extremely low income” (30 percent of the median or less), there are only 30 affordable apartments available, according to a 2013 report from the National Low Income Housing Coalition.
Proceeds from concert will be use to help develop these programs. Click here to volunteer for the jobs and housing program.