Employers cut more jobs in the U.S. in June causing unemployment to rise to 9.5 percent from 9.4 percent in May, the highest since August 1983. This is not great news for a lot of people.So what does this mean for the many college graduates who can't find a job?Obama has stated that the stimulus being spent is helping the economic conditions, but if you ask the millions who cant find a job, The Labor Department report shows that in June employers slashed 467,000 jobs and earnings were flat. In May the economy lost 322,000 jobs.
Factory payrolls fell by 136,000 after decreasing 156,000 last month. Payrolls at builders fell 79,000 after decreasing 48,000.
Retail payrolls were reduced by 21,000. Finance Institutions reducedpayrolls by 27,000.
Another Labor department report shows the number of Americanscompleting initial claims for unemployment insurance this past week where in line with forecasts.Initial jobless claims dropped by 16,000 to 614,000 in the week ended June 27.
Workers' average hourly wages held at $18.53 for a second month.
Unemployment news such as this is not sometihng people who are unempoyed want to hear. Becuase of this many people are looking for other ways to earn extra income and for some that is online.
There are many ways to
earn money besides keeping a nine to five job. There are many ways to earn some extra income or even replace your income. One is a program which allows you to tap into the huge businesses that Google and Amazon have built.
Two programs I have found to work very well are the
Google to Riches program which only costs a buck to try out.
A brand new program which can show you how to earn online income as an Amazon associate has been created. Amazon has the oldest revenue sharing program on the Internet and many people credit Amazon with creating the revenue sharing industry online. Amazon has created a lot of millionaires since its inception, but not all these millionaires are actually Amazon employees. Many have used the techniques in the this program
Your Online Bailout to improve their quality of life. This program also offers a free trial to try out the information and ensure you can perform the tasks. For another dollar you can get the information experts in this field have put together so you can beat this recession.
Where else can you find information which will allow you to replace your deadend job for only 2 bucks.
I know its changed my life. Eariler President Barack Obama claimed the
stimulus package is working well. I guess the people I worked for did not get that message as I was laid off from my position as an educator in higher learning a few weeks ago. I have also heard news stories of teachers all over the United States being dismissed becuase of shortfalls in the state budgets. California is facing bankruptcy and the state is now offering I.O.U.s to vendors of the state. I don't know about you but I don't know of any grocery stores or banks that will take IOU's for payment. If you are tried of depending on someone else for your lively hood then do something about it.
This makes a lot of sense, control your destiny for a couple of bucks or continue to depend upon others who only consider you a cog to determine whether you continue to draw a paycheck.
Google to Riches
Your Online Bailout
Unemployment hits 9.5 p.c in U.S..
