WHERE DID MY INCOME GO?
For the last few months, the U.S. economy showed tentative improvement, but a somber report issued on the national job market earlier this month, and many predict that lean times lay ahead for a lengthy period. In November 2009, the national unemployment rate was 10%; that’s 3.2% more than November 2008. The Financial Forecast Center predicts that national unemployment will continue to rise to a high of 10.1% as early as February 2010.
For millions of discouraged, unemployed people, these figures confirm something they have come to understand as they try to plod on with their job searches. “It’s terrifying,” said a software technician in Colorado with 4 kids who is worried about how he will pay his mortgage now. “I thought this would be our last home,” he said, “but we may end up losing it and having to rent again. Who’s going to rent to me when I don’t have a job?”
“There’s almost nothing out there,” said an unemployed 55-year old paralegal in Atlanta, Georgia, where the unemployment rate is already 10.2% and exceeds the national rate. She lost her job in late June 2009. “Even the best recruiting firms are only listing literally a half dozen jobs, and they have 200 or more very qualified applicants to fill them. And any private postings on a site like Craigslist.com have told me that they received 300 or more responses immediately. It’s unreal. They can’t even read them all.”
The latest jobs report lends credibility to that observation. The underemployment rate reached 17.5% (includes folks whose hours were cut back, persons working part-time for lack of available full-time jobs, as well as the out-and-out unemployed), the highest level since 1994 – a 26-year high. This translates into fearful trepidation in many households.
SO WHAT’S A BODY TO DO?
You may need to change the way you are thinking about your next job. If there is a dearth of positions, or if there are far too many applicants for the few positions available, it may be time to change your idea of what re-employment might mean, including a complete career change or change in industry.
How about hiring yourself?
How about finding a high-yield business that requires very little investment, and supplies you with a superior support system?
How about starting your own business that sells products almost everyone uses every day?
How about operating a home-based business that you can run without being dependent upon a boss who may lay you off in the future, or sacrifice time with your family?
How about a starting a business that is NOT an MLM, but which offers an opportunity to generate recurring income?
And should you decide to return to work at a “regular” job, how about a business that will continue to generate income to supplement your income?
How about a business that’s part-time or full-time, with flexible hours that you schedule yourself?
How about a business for a stay-at-home mom or single-mom who can’t work two jobs, but needs more than one income, or someone who just needs the extra money, where even a college student can earn a good income and have a flexible schedule without sacrificing study hours?
How about a business that you can start with little of your own money, or by using someone else’s money?
The current economic downturn has caused pay cuts, downsizing, bankruptcies, home and business foreclosures, and a financial meltdown in the stock market that took away a lifetime of earnings for many people. The people who have been the least affected are those who own their own businesses, who control their own futures, and/or have recurring income. There are alternatives you can find – business opportunities, franchising, and other ways of generating recurring income – that can give you a nice hedge against future downturns.
Explore them today! Good Luck!
Author’s Note:
InkMart.com careers offer a unique home-based business opportunity in the $78 BILLION a year ink and toner industry. They offer a selection of over 30,000 printer products, including Point of Sale (POS) printers, for all printer brands, including Brother, Canon, Dell, Epson, Hewlett Packard (HP), IBM, Minolta, Lexmark, Okidata, Panasonic, Samsung, Sharp, Xerox, and many more!
Although based on the highly successful master franchise business model, there are no franchise or royalty fees, no storefront expenses, no inventory to buy or store, and InkMart takes care of all of the infrastructure, allowing the business owner to concentrate solely on sales and customer service. They receive commissions and all the benefits of recurring income. There are also lucrative opportunities for Area Developers to mentor business owners in their area. For more information, visit their website or email them at info@InkMart.com.
by Joyce Calloway for InkMart, Copyright 2010
For the last few months, the U.S. economy showed tentative improvement, but a somber report issued on the national job market earlier this month, and many predict that lean times lay ahead for a lengthy period. In November 2009, the national unemployment rate was 10%; that’s 3.2% more than November 2008. The Financial Forecast Center predicts that national unemployment will continue to rise to a high of 10.1% as early as February 2010.
For millions of discouraged, unemployed people, these figures confirm something they have come to understand as they try to plod on with their job searches. “It’s terrifying,” said a software technician in Colorado with 4 kids who is worried about how he will pay his mortgage now. “I thought this would be our last home,” he said, “but we may end up losing it and having to rent again. Who’s going to rent to me when I don’t have a job?”
“There’s almost nothing out there,” said an unemployed 55-year old paralegal in Atlanta, Georgia, where the unemployment rate is already 10.2% and exceeds the national rate. She lost her job in late June 2009. “Even the best recruiting firms are only listing literally a half dozen jobs, and they have 200 or more very qualified applicants to fill them. And any private postings on a site like Craigslist.com have told me that they received 300 or more responses immediately. It’s unreal. They can’t even read them all.”
The latest jobs report lends credibility to that observation. The underemployment rate reached 17.5% (includes folks whose hours were cut back, persons working part-time for lack of available full-time jobs, as well as the out-and-out unemployed), the highest level since 1994 – a 26-year high. This translates into fearful trepidation in many households.
SO WHAT’S A BODY TO DO?
You may need to change the way you are thinking about your next job. If there is a dearth of positions, or if there are far too many applicants for the few positions available, it may be time to change your idea of what re-employment might mean, including a complete career change or change in industry.
How about hiring yourself?
How about finding a high-yield business that requires very little investment, and supplies you with a superior support system?
How about starting your own business that sells products almost everyone uses every day?
How about operating a home-based business that you can run without being dependent upon a boss who may lay you off in the future, or sacrifice time with your family?
How about a starting a business that is NOT an MLM, but which offers an opportunity to generate recurring income?
And should you decide to return to work at a “regular” job, how about a business that will continue to generate income to supplement your income?
How about a business that’s part-time or full-time, with flexible hours that you schedule yourself?
How about a business for a stay-at-home mom or single-mom who can’t work two jobs, but needs more than one income, or someone who just needs the extra money, where even a college student can earn a good income and have a flexible schedule without sacrificing study hours?
How about a business that you can start with little of your own money, or by using someone else’s money?
The current economic downturn has caused pay cuts, downsizing, bankruptcies, home and business foreclosures, and a financial meltdown in the stock market that took away a lifetime of earnings for many people. The people who have been the least affected are those who own their own businesses, who control their own futures, and/or have recurring income. There are alternatives you can find – business opportunities, franchising, and other ways of generating recurring income – that can give you a nice hedge against future downturns.
Explore them today! Good Luck!
Author’s Note:
InkMart.com careers offer a unique home-based business opportunity in the $78 BILLION a year ink and toner industry. They offer a selection of over 30,000 printer products, including Point of Sale (POS) printers, for all printer brands, including Brother, Canon, Dell, Epson, Hewlett Packard (HP), IBM, Minolta, Lexmark, Okidata, Panasonic, Samsung, Sharp, Xerox, and many more!
Although based on the highly successful master franchise business model, there are no franchise or royalty fees, no storefront expenses, no inventory to buy or store, and InkMart takes care of all of the infrastructure, allowing the business owner to concentrate solely on sales and customer service. They receive commissions and all the benefits of recurring income. There are also lucrative opportunities for Area Developers to mentor business owners in their area. For more information, visit their website or email them at info@InkMart.com.
by Joyce Calloway for InkMart, Copyright 2010
