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Saturday, January 31, 2009

the economy and jobs

with the way the economy is going it looks like even with the newest stimulus package it will not stop the economy from dictating that fewer employees are needed in many area's at least in the short term. when the job market starts heating up again many of the jobs that once had a high rate of pay to begin with, will undoubtedly have a lower base pay to start than just a year or two ago. this will mean that even though someone finds a new job, they may not be out of their financial troubles due to what they are use to in terms of living standards and what they have to deal with prior financial obligations that they would still be required to live up too. this will most likely cause just as many problems as the person being on unemployment if not worsen their problems.

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