The Jobs Report Won't Tell Leaders What They Need to Know - SHRM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus convallis sem tellus, vitae egestas felis vestibule ut. Request permission to republish or redistribute SHRM content and materials. A number can be important enough to move billions of dollars and still be nearly useless for deciding where to place your next $450 million. When MillerCoors closed its brewery in Eden, North Carolina, more than 500 jobs disappeared. The loss was easy to count. What remained was not. The region’s manufacturing knowledge did not disappear with the jobs. Neither did a 1.3-million-square-foot facility or the industrial infrastructure surrounding it. Nestlé Purina looked at the same loss and saw something else: productive capacity waiting for a new use.