Unemployment in the USA is high, although it’s been falling in recent months. I believe that the latest numbers are around 8.3% or so. They may go down more, or they may even go up soon. One of the reasons that they may go up is because many people who are unemployed are not counted, because they have given up on looking for work. If these people see lower unemployment numbers, they may become encouraged to re-join the ranks of employment seekers. As these people re-join the rolls of those looking for jobs, it would tend to spike the unemployment number a bit, resulting in a rise in the unemployment number.
The United States is not alone. I saw a news report this morning stating that the unemployment rate in the Philippines, where I live, is 25%. Not really surprising to me. Other countries around the world are also experiencing a tight job market.
On top of unemployment, an even bigger number of people are underemployed. What does this mean? There are a number of things that could make a person underemployed. For example:
- A person wants a full-time job, but only has part-time work
- A person is trained as an engineer (or some other field), but can only find a job as a store clerk, or some other menial type task
- Any situation where a person can only find work that is under the level where they truly should be employed
It is said that in the USA, between unemployment, underemployment, and people who are no longer looking for work, the true number could be around 15% to 20%. One out of 5 people of work age doesn’t have suitable work if any work at all. It’s sad. Additionally, I saw a study recently that a huge number of those who are employed do not like their work, in fact, they hate their jobs and only go there to make money, getting no enjoyment at all out of their work. Unfortunately, I do not recall the number of people who reported that they hate their jobs, but it seems to me that it was around half of the workforce. So, if you take the 20% who are unemployed or underemployed, add the 50% who hate their work, and you’ve got around 70% of the workforce who is unhappy, has no work, or generally not in a good situation.
Are you part of that 70%?
If you are, do something about it. What can you do? Find something that you are passionate about, and make your money that way. If you are truly passionate in an area, you will enjoy what you are doing. Maybe you will make less money, but my bet is that eventually, you will make more, way more money doing what you have a passion for.
Maybe you are sitting there saying that there is no way to make money out of the things you enjoy. That’s bull, frankly. There is nothing that you cannot make money doing if you want to.
A lot of people tell me that they want to make money online, or they want to make money from this or that. Fact is, that the person tells me that time after time, year after year, but to be honest they never make any effort to make it happen.
Bob, I want to make money from blogging.
I hear this, then I see the person again in 6 months and ask how it is going. They tell me that the did it for a while and quit, because it was not working. Come on, are you serious? Just six months and they quit? In fact, many people quit after just a couple weeks. Lots of people post one article and never go back to the blog again. That won’t work. You have to commit yourself to be in for the long haul. Making money online is not magic, it’s work. No matter how you want to make money, you have to work, it’s that simple.
We are in the 21st Century now, and the old way of making money by getting a job is changing. It’s changing a lot and in significant ways. 20 years from now getting a job may be considered a relic of the past. Ask yourself again… what are you going to do to make a living in the 21st Century?
There are lots of ways to make money. Be creative. Think outside the box. Don’t just follow what others are doing. You can do it, but you have to try, not just talk about it.
I have little hope for the future. I’d say we have another year, maybe two before the dollar collapes.
I have little hope for the future. I’d say we have another year, maybe two before the dollar collapes.
I have little hope for the future. I’d say we have another year, maybe two before the dollar collapes.
I feel much the same, perhaps slightly more optimistic, Micheal. That’s why it’s really time to decide how to fend for yourself in the work area.
I feel much the same, perhaps slightly more optimistic, Micheal. That’s why it’s really time to decide how to fend for yourself in the work area.
I feel much the same, perhaps slightly more optimistic, Micheal. That’s why it’s really time to decide how to fend for yourself in the work area.
Great article, Bob. While I see the unemployment numbers in the USA that the media’s reporting to the public to be incorrect, the employers are taking advantage of the situation. Case in point: One of my good friends has an Engineering and Masters degrees and she is being recruited to be a receptionist. Really? Is that she she went to school for over 25 years for? I also agree w/ you about doing something you like even though in the beginning, it’s not going to make the money one wants. Eventually, it will get there. All I can do is hope and pray that the economy in the USA turns around.
Great article, Bob. While I see the unemployment numbers in the USA that the media’s reporting to the public to be incorrect, the employers are taking advantage of the situation. Case in point: One of my good friends has an Engineering and Masters degrees and she is being recruited to be a receptionist. Really? Is that she she went to school for over 25 years for? I also agree w/ you about doing something you like even though in the beginning, it’s not going to make the money one wants. Eventually, it will get there. All I can do is hope and pray that the economy in the USA turns around.
Great article, Bob. While I see the unemployment numbers in the USA that the media’s reporting to the public to be incorrect, the employers are taking advantage of the situation. Case in point: One of my good friends has an Engineering and Masters degrees and she is being recruited to be a receptionist. Really? Is that she she went to school for over 25 years for? I also agree w/ you about doing something you like even though in the beginning, it’s not going to make the money one wants. Eventually, it will get there. All I can do is hope and pray that the economy in the USA turns around.
I hope so too, Gerry. I think it will take a while before it happens, though. I truly believe that the best thing people can do is figure out creative ways to make a living on their own.
I hope so too, Gerry. I think it will take a while before it happens, though. I truly believe that the best thing people can do is figure out creative ways to make a living on their own.
I hope so too, Gerry. I think it will take a while before it happens, though. I truly believe that the best thing people can do is figure out creative ways to make a living on their own.
That’s the beauty if the internet. Even if the dollar collapses. You still have money from the other countries. Takes time and hard work. But it’s worth it knowing your doing what you love to do. Even taking still and selling them online can make you pretty good money. Some folks are really doing quite well at that. Just have to give it time and the more you load your pictures the more you sell. 🙂
That’s the beauty if the internet. Even if the dollar collapses. You still have money from the other countries. Takes time and hard work. But it’s worth it knowing your doing what you love to do. Even taking still and selling them online can make you pretty good money. Some folks are really doing quite well at that. Just have to give it time and the more you load your pictures the more you sell. 🙂
That’s the beauty if the internet. Even if the dollar collapses. You still have money from the other countries. Takes time and hard work. But it’s worth it knowing your doing what you love to do. Even taking still and selling them online can make you pretty good money. Some folks are really doing quite well at that. Just have to give it time and the more you load your pictures the more you sell. 🙂
That’s true, Matthew. Downside is that most earning possibilities on the net are in US dollars, though.
That’s true, Matthew. Downside is that most earning possibilities on the net are in US dollars, though.
That’s true, Matthew. Downside is that most earning possibilities on the net are in US dollars, though.
Part of why I have got into the filming industry it has world wide viewing and there is no limit on the that market. Overseas has a wider market in that arena. So your not just limited to US dollar.
Part of why I have got into the filming industry it has world wide viewing and there is no limit on the that market. Overseas has a wider market in that arena. So your not just limited to US dollar.
Part of why I have got into the filming industry it has world wide viewing and there is no limit on the that market. Overseas has a wider market in that arena. So your not just limited to US dollar.
When, not if the dollar collapses, it will drag most other countries down with it…it will be global. money experts are saying between 2013 to 2015. but it all depends how long the Fed can kick it down the road.
When, not if the dollar collapses, it will drag most other countries down with it…it will be global. money experts are saying between 2013 to 2015. but it all depends how long the Fed can kick it down the road.
When, not if the dollar collapses, it will drag most other countries down with it…it will be global. money experts are saying between 2013 to 2015. but it all depends how long the Fed can kick it down the road.
Strange. Thanks. I own virtual earner I will have to check what is going on.