Where are all of the good jobs?

Since Google ramped up their hiring over the last 4 years, there has not been a fast growing company to carry the torch to continue high quality job growth.

On the contrary, large companies with well paying jobs have been continuing to trim payrolls in the name of efficiency. Telecommunications companies continue to consolidate.

Investment banking and financial firms are cutting people and costs. Mergers and acquisitions continue in many industries creating greater efficiencies but with a lack of long-term investment or job growth.

The trend will only reverse when:
(1) the U.S. dollar declines low enough to encourage jobs to return to the U.S. that had been shipped overseas.
(2) the next wave of innovation begins creating a wave of growth