From The Big Picture:

My colleague sees no US job growth in the near or distant future, much more pessimistic than I. My view is that there are several fields that are potentially big growers, but their best years were not near term.

It would be a good few years before we enjoyed another Cambrian explosion like we did in the 1990s. Recall the full build out of cellular, PCs, semiconductors, software, CPUs (286/386/486) — the explosion of internet websites, and data storage. These were enormous job creators.

Now? I can name 10 niches, most of which have future growth potential, but few that can expand into something truly substantial, rising to the size of any of the giant sectors above.

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