An economy we can no longer service...

I have just been reading an article outline the work done by Tesco and Sainsburys creating jobs in growing stores and they call this Corporate Responsibility (CR).

Do we now have to rely on charity from Corporates to create new jobs? Have we completely lost the idea and hope of a growing economy?

I have always being troubled by the statistic that 80% of UK employment is in the form of the Service industry. Not making primary or secondary industry but pure tertiary work, servicing the consumers in the UK. We are continually recycling our income and wealth and with a growing rate of unemployment these service industries are under threat as the disposable income to service each other will diminish.

The early noughties supported this shift in employment as more people had money, could borrow money etc.. but as the economy declines so does the value of this economy. As it grew itself it will also shrink itself.

We need to radically look at where jobs can be created and where the value in our economy should be coming from. Not emerging opportunities but existing opportunities in a global market.