Saving Jobs by Passing the Baton

Passing the Baton
Passing the Baton

Most of us do a lot of complaining about the unemployment rate and the lack of job growth, but few of us have the power or inclination to do the one thing most likely to solve our problems: create new jobs. John Loewen, president and CEO of BatonUSA, Inc., however, actually acted on a brainstorm to save and create thousands of jobs -- and they have nothing to do with majorettes.

The "baton" in his business name refers to passing, not twirling. Back in April 2008, Loewen says that he read in Inc. magazine that nearly 10 million baby boomers will be inclined to sell their businesses in the next seven years -- he says that he saw that as "both an economic problem, and a solution."