Overall we should see a good balance of sectors and sizes delivering positive news on output, jobs and investment this year," she said.
That's the actual cost of the downturn the output, jobs, incomes, opportunities, even careers, that were lost in the Great Recession.
But those are hard to come by in an economy in which -- through the outsourcing of many basic manufacturing processes to cheaper labor markets abroad -- so many high-wage/high output jobs in the manufacturing sector have been replaced by low-wage/low output ones in the service sector.
"Some people might be pushed out of the labor force altogether, while some people might go back into lower-wage jobs and lower-economic-output jobs," Kallick told me.
The intellectually diverse nature of the field means that career paths into the field and its educational programs is multifaceted, with many inputs (backgrounds) and outputs (jobs) running through the currently heterogeneous educational programs.
In addition, as Galbraith notes, "the years from 1933 through 1936 brought the highest peacetime growth rates on record, as output and job growth responded to Roosevelt's action programs.
Last month the Milken Institute declared Provo, a sprawling settlement south of Salt Lake City, America's best-performing city for technology output and job and wage growth.
If the chaebol were to move into services, they would also hire a lot of people and boost output per job.
Economic output and job growth seem unlikely to stay decoupled for too long, some economists say, in which case output growth should start to pick up, or job growth should start to slow, or both.
Instead, output and jobs are following the people, and the people are again following the sun.
