As our domestic economy continues to falter and stumble, we are currently being affected by the trend of globalization—meaning the process by which societies and economies are increasingly interconnected and interdependent through various forms of communication. The process of globalization has sped up rapidly in the last decade or so with technological advances seemingly popping up every year.
Trade between nations is at an all-time high and the economic growth of developing nations with enormous populations — Brazil, China, India, etc. — has had tremendous effects on our job prospects today. In one example of globalization as it relates to job growth in the United States, President Barack  Obama is visiting Asia this week to negotiate with Indian business leaders in hopes of creating jobs back home and reassure the American public that India is no threat to American jobs.
So how are the job prospects facing young graduates today? Even though the domestic economy is slowly recovering, it still faces great obstacles. According to the U.S. Bureau of Labor Statistics, 9.6 percent of the population actively seeking work is out of a job. Many who are working for large international corporations have been shipped overseas to various regions across the globe, most notably China, Hong Kong, India, etc.
How can we fix this trend? Well, it is impossible to stop globalization as it seems that every corner of the globe relies on one another in various ways including economic, political, and military. What we can do is to become more versatile in our skills and open up our own small businesses and try to become entrepreneurs instead of relying on “stable” jobs, such as government positions employees of large companies on Wall Street. We need to be willing to work jobs that might seem to be only for illegal immigrants.
Our country has been through worse economic times and we have recovered because of hard work and perseverance. Even though it has become a trite cliché, we cannot continue to rely on government to solve all of our problems. Because we are a democracy with free trade and free market principles, I believe we have the foundation in place to fix these issues.
It is vital for us to further our education in order to better our job prospects while also realizing that not everybody will become the President, lawyer, doctor or an accountant. While dreams do fall short sometimes, we cannot give up. We have to hope for the best case scenario while also preparing for the worst. I am confident that the job market in the United States will become less gloomy with each passing day if we work hard to fulfill these goals.