Posts Tagged ‘The Conference Board’

David Miller
by David Miller
Thu Jan 7th 2010 at 10:26am UTC

Will Job Dissatisfaction Lead to More Entrepreneurship?

Thursday, January 7th, 2010

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Though U.S. unemployment is in the 10 percent range and we continue to hear people are “just happy to be employed,” a new survey from The Conference Board finds that only 45 percent of Americans are satisfied with their jobs. Even greater numbers of those under 25 are unhappy with their employment.

Here is an excerpt from the On Deadline column/blog at USA Today.

Only 45% of American are satisfied with their work, the lowest level ever recorded in 22 years of surveys, the Associated Press reports.

The figure is down from 49% in 2008, says the Conference Board research group, which conducts the survey.

Workers under 25 expressed the most dissatisfaction — about 64% of them saying they are unhappy in their jobs.

That is a pretty large number of young American workers starting their careers in a negative way. One of the key findings was that most workers don’t find their job interesting.

Doing something interesting — creating something new, solving a problem that is important to a group of people, and working in an industry one is passionate about — is a key driver for talented people.

For some of the talented, this wave of unhappiness in the U.S. workplace will lead them to form new firms or become self-employed. This should lead to greater innovation and societal wealth.

Moreover, smart existing organizations will continue to improve what they offer to talent. Even in the depths of a recession, talent must be satisfied with fair compensation, a stimulating environment and challenging work. This dissatisfaction trend, The Conference Board points out, has been growing for decades.

Aleem Kanji
by Aleem Kanji
Tue Aug 26th 2008 at 8:39am UTC

Canada’s Creative Economy

Tuesday, August 26th, 2008

A new report out by The Conference Board of Canada states that the culture sector directly contributes about $46B CDN or just under 4 percent to Canada’s overall GDP in 2007. The economic impact on the economy is much broader – $85B CDN in 2007, or just over 7 percent of total real GDP. Taking a look at employment, almost 4 percent of total national employment in 2003 can be traced back to arts and culture industries.

Indeed, those are big numbers, eh? How meaningful is the creative economy in your country or hometown? How big (or small) of an employment driver is it?