Economic Environment
Home » Additional Income » Economic EnvironmentHow do You Fit into Today’s Economic Climate?
The realities of the economy have forced all of us to make difficult decisions.
How can you protect yourself?
Like most people, you probably want job security and feel better when you have it. After all, having a steady paycheck and the promise of income in the future makes it a whole lot easier to sleep at night. Unfortunately, reliable, long-term employment is fast becoming a thing of the past. Job security, something most of us Americans take for granted, is in decline. As job markets have continued to shift, more people are finding the security they once enjoyed slipping away.
The truth is even job seniority won’t protect you, or anyone else, from cuts.
Seniority, in fact, can actually work against you. Older workers simply tend to earn more and companies are finding more creative ways to remove these costly employees from their payrolls. Retirement – chosen by the employee or otherwise – is the kindest way of ridding older workers from the payroll, but companies don’t always wait for the golden day. Some are simply closing offices or operations and laying off older workers along with everyone else.
Thinking about these uncertainties is not enjoyable, but it is necessary. Deep down you know you must have a plan for maintaining your income down the road if your job ceases to exist. Planning on finding a comparable job that will carry you forward until you retire just isn’t realistic thinking any longer.
Top paying manufacturing jobs that used to be the foundation of well-paid, secure employment in the United States are fast disappearing. The news tells the story in black and white. Layoffs at Ford, General Motors and other major manufacturers dominate the headlines. Ford, in particular, tells a disturbing tale. This company’s founder, Henry Ford, once went out of his way to make sure workers earned enough to care for themselves, their families and even to buy the products they made.
Fast forward to today and Ford has announced it will close 14 North American factories. It has already begun the process of shedding some 30,000 jobs. These positions include both blue and white collar workers.
Between the years 2000 and 2003, America lost nearly 3 million manufacturing jobs, according to the Economic Policy Institute. A slowing of this trend seems to be nowhere in sight.
You should also be wary of getting a protected union job.
As the manufacturing sector declines, so does membership in unions. In 1945, nearly one-third of all working Americans were union members. By 2005, the Bureau of Labor Statistics reported that only 12.5% of salary and wage earners belonged to unions. These organizations that once commanded protected jobs and high wages are becoming a thing of the past right along with the factories that once supported their workers.
To top everything off, there is “offshore outsourcing,” which can ship your job to someone in another country who will earn 15% of what you do. Outsourcing is not just a phenomenon of the manufacturing industry either. It can happen just as easily to office workers, software developers and other white collar employees.
So, why does this happen?
Cost is the single greatest motivating factor behind employers scaling back. The reality is companies are in business to make money. Unfortunately, highly paid, full-time American employees do not come cheap. This is why many corporations look for ways to use low-cost workers in other countries or non-union employees here. Add to this the fact that large employers tend to be international companies and the ability to shuffle jobs to different countries becomes easier.
All of this, no doubt, has you asking: “What can I do to ensure my financial security?”
As the above illustrations show, the job market today is just not the same as it was in the past. To enjoy financial security, you have to take charge of your own future and start making your own income. If you are your own boss, you cannot be laid off and your hours cannot be cut. There is an effective and exciting home business opportunity that will provide you a way to create your own safety net from the ground up.
Financial success and income security can be yours.
It is tempting and all too easy to keep your eggs in a single basket. It would be nice to think your job will last or that you could easily replace it. After all, you are still hearing about new jobs and job growth. These jobs, however, are not the same as those being lost. New jobs fall into a single category – the service industry. This means you’d have to work in sectors like customer service or retail. Service industry jobs are notorious for sporadic hours and lower pay than manufacturing positions.
The pinch isn’t just happening to blue collar workers. The truth is the stereotypical steel worker on the layoff line has a lot of white collar company today. More than 150,000 jobs were dumped in 2002 alone by the software sector, for example. Intel announced in September 2006 that it would shed 10,000 jobs. The stories go on and on.
In the past, politicians touted these very same technology jobs as the future for America’s workers. This future is not secure. Those supposed secure jobs are from a bygone era when people could bank on their company being around to take care of them. This is not today’s reality. With this in mind, you must start looking out for yourself; no one else will.
The first step toward enjoying a financially secure future starts with you. Taking that step involves the gathering of information about how you can start your own home-based business.
America is hard on workers, but it does love business!
Building a successful home business doesn’t require a lot of tools. To get started, all you really need is a telephone, a computer and Internet access. Our team of highly trained experts will guide you and educate you as you walk down the path to success. You can easily change your uncertain future and look forward to enjoying the lifestyle you have always dreamed of.
The time to stop worrying is now. You can take the steps toward securing a future that is protected and bright. If you are prepared to learn how to generate your own income, you have come to the right place.
There is an option that beats worrying.
- Just fill out the “Next Step” form and you will receive all the additional information you need to learn about the opportunity that has shaped my life. It has allowed me the freedom to fulfill my dreams without the nightmares and expenses involved in starting a traditional business.
Success in life and business is within your reach. It is up to YOU … Take the chance. Make the dreams reality.
Feel free to contact me at any time. My team and I are always here to assist you with making your Business Decision a successful one.
To Your Abundant Success and Happiness!
Best regards,
 |