Welcome to another episode of PTG.tv this is your host Antonio Hicks aka EscapingTheMatrix! In this week’s episode of The Road to Black Economic Development we’re going to talk about Positioning Yourself for Greatness during the pandemic. Joining me back on this episode is my co-host Tamika Day. When we look at how this pandemic has affected an individual’s household it really has affected some of us that were comfortable and complacent in our jobs and our lives. With the unemployment rate expected to hit nearly 20%, with 20.5 million jobs lost in April and millions more to be shown in May data.
How could you, or I, have positioned ourselves to survive a storm such as this and/or what are the steps going forward? Yes, we’ve added more jobs back but at what cost and is the industry you work in one of the sectors adding in new jobs? We’ve seen jobs added back in “Leisure and Hospitality”, “Construction”, “Education and Health Services”, “Retail Trade”, “Financial Activities”, “Other Services”, “Manufacturing”, “Professional and Business Services” etc, etc, etc. Whereas the jobs we are losing come from “Government”, “Information”, “Mining and Logging” and “Transportation and Warehousing”.
Most of the new jobs barely pay the cost of living while a number of them that pay well only added in a small overall percentage with the loss of work in those sectors being in the millions. So what’s the plan and what can you tackle to help in mitigating your loss because I understand if people aren’t working then they aren’t spending and thus companies aren’t making money but I have seen where even the companies not making money are also paying out millions to executives, therefore, that should be a clear reminder that if you’re a worker bee you aren’t important to those up top, sorry.
In this episode, Tamika and I are going to discuss ways we are preparing ourselves and the tools you can use to set yourself up for any future storms.
