Five policies can spur job growth. It's that simple.
* Limit Corporate Hoarding, Spur Hiring
* Set an Earnings Ceiling
* Raise Minimum Wage and Help (Not Hurt) Youth Employment
* Open Borders: Visa-Free Work Abroad
* Improve Pub
It's indeed a neat idea, for which I have many questions: * Do you plan for this venture to be for-profit or nonprofit? * What is your planned budget? And how many users will it take to break even? * Why would the social-media sites allow you to access and collect information about their users? * How do you map social-media interests to actual jobs? (Is there evidence that people who like a specific sports team on Facebook are well suited for a specific position?) And what evidence is there, if any, that one's social life (or non-professional likes and dislikes, such as what one posts on Facebook) can be correlated to their professional interests? * How do you measure impact? Perhaps this last one can be addressed by refunding the advertiser half the ad fees if the person is hired through the app, but there's also a lot of abuse potential with that. Still, it's important to have a plan to figure out if you're being effective. * Does the app address the problem? In other words, are youth unemployed because current job-seeking apps don’t work well? Or are there other reasons at the root of youth unemployment? * How is what you propose materially different than what’s out there already in a very crowded field? Aside from the big ones (CareerBuilder, Monster [and its BeKnown app], LinkedIn, Indeed), a number of sites already mine social-media data for jobs purposes: http://www.inthedoor.com/ https://apps.facebook.com/careeramp/ http://www.shldirect.com/ipq/ http://lunchmeetapp.com/