Wednesday, September 5, 2012

Political Opinions Aside, Job Creation Looks Promising

Kylee Mitchell
Program Officer, Detroit Regional Workforce Fund
United Way for Southeastern Michigan

It’s hard to miss the advertisements on TV these days of politicians boldly proclaiming that they can save America once elected.

But we all know the road to prosperity cannot be solved within a specific time frame or by one person. And when it comes to job creation, it looks like we’re on the right track no matter who is elected come November.

The Congressional Budget Office (CBO), a nonpartisan federal agency, originally projected that 11 million jobs will be created during the four-year period after the election in January. A revised projection has been made to support 9.6 million jobs after the election. A more optimistic report from Moody’s Analytics predicts 12 million jobs, and Macroeconomic Advisors raises that to 12.3 million jobs by 2016.

As the program officer for the Detroit Regional Workforce Fund -- with the hope that people will be connected to viable job opportunities, giving them a shot at financial stability -- I gladly welcome these reports.

As I work daily with vested partners and businesses, I know that it is extremely difficult to place individuals in a job with a family-sustaining wage. Previously, only two presidents were able to create more than 12 million jobs during their administrations – Ronald Regan and Bill Clinton, both of whom served in office for eight years, according to The Washington Post.

Honestly, no one knows what will happen tomorrow, let alone four years from now. What we do know is that the political season is well underway, Election Day is Nov. 6 and both presidential candidates will continue their appeals in order to win, or keep, office.

In the meantime, we at United Way for Southeastern Michigan will continue our work of making families more financially stable.

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