Timesharing of Jobs Could Cure Unemployment
As the nation continues to sled through this employment recession, the Obama administration, Congress, governors, mayors and economists grasp for job creation strategies.
Indeed, the nation is experiencing by far the most dismal performance of job generation following any of the 12 recessions since the Great Depression. The country has 5 percent fewer jobs today - a loss of 7 million jobs - than it did at the start of the recession in December 2007. Millions of unemployed Americans are teetering on the precipice of permanent unemployment.
As a partial cure to this plight, I propose the creation of what I'll call "timeshare jobs." I'll admit, the thought of "timeshare jobs" may sound drastic. But drastic times call for drastic measures. And it's about time we admit that what we're doing - or not doing - isn't "working."