8 SHOCKING facts about the job market
The Laptop Millionaire Thought of the Day
Hello Akoli. Are you looking for a job?
You might want to reconsider after reading this...
8 Shocking Facts, Quotes, & Statistics about the Job Market
#1: A SHOCKING three-quarters of the world's adults do NOT have a full-time job.
According to Gallup's new "Payroll to Population" metric, only 27% of the world's adults were employed full time for an employer in 2011.
#2: The True US Unemployment Rate is 23.6%
(36.7m Americans are Unemployed)
According to CNN, there are 86 Million “Invisible” Unemployed in America.
According to John Williams, an economist who runs ShadowStats.com, the true number of people currently out of work is at 23.6%. That’s a whopping 36.7 million Americans.
#3: "The middle class is dead. Most jobs that existed 20 years ago aren't needed now..."
James Altucher wrote recently: "The middle class is dead. A few weeks ago I visited a friend of mine who manages a trillion dollars for one family. No joke. A trillion.
He said: “Look out the window. All the cubicles are empty. The middle class is being ollowed out. [...] It’s all outsourced or technology has taken over for the paper shufflers."
"You’ve been replaced. Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class.
Most jobs that existed 20 years ago aren’t needed now."
#4: Technology and the Web are destroying far more jobs than they create.
"Over the past 15 years, the global economy has experienced structural changes to a degree not seen in nearly 150 years.
Put simply, the Industrial Revolution of the 1800s has given way to a post-industrial economy.
In this post-industrial economy, technology has now evolved to the point where it destroys more jobs than it creates."
#5: We are returning to Depression Era unemployment
Between 1929 and 1933, U.S. GDP fell around 30%, and the stock market lost almost 90% of its value.
In 1929, the unemployment rate averaged 3%. In 1933, 25% of all workers and 37% of all non-farm workers were unemployed.
#6: “The job-for-life generation told us that if we worked hard we'd end up with a great retirement."
"If we stuck at that soul-sapping job, when we were 60 we could live fabulously, travel and have a whale of a time (assuming you make it that far).
Wait a minute... would those be with those same retirement plans that went down the tube in the crash of 2008? Where thousands upon thousands of regular people who had worked
their whole life for the dream at the end were left stranded?"
That career-cage deal isn't looking so hot now.”― Marianne Cantwell, 'How To Become a Free-Range Human'
#7: "Workers over 50 are the new 'unemployables'"
#8: “Young people in bankrupt western nations [...] society is going to force-feed you a s*** sandwich. Higher taxes, more debt, fewer prospects, and a much lower standard of living await you."
"University graduates are forced into lowly jobs such as cleaning lavatories. Youth unemployment in the Euro area stood at 22.6% in July. In Spain it rose to 52.9%."
― Source: The Evening Standard, 20 September 2012
So, what is the solution? --> Think like an entrepreneur. Add more value.
Simon Black says: "The average Korean works 1,000 hours per year more than the average German. Here in Thailand, people who don't have a job simply create one for themselves-- selling fruit on the streets, fixing flat tires, whatever they can do to trade their skills and
labor for income."
Finally, I want to leave you with this quote from Robert Kiyosaki's book 'Rich Dad, Poor Dad'...
“Most people work very hard, for little money, clinging to the illusion of job security, looking forward to 3-week vacation each year and a skimpy pension after 45 years of work.
If that excites you, go for it. [...] Most people never see the trap they are in. Every morning, they get up, they get ready, and hurry out to work. Do they look happy to you?
Why do they do it? Because everybody else is. [...] Every day they wake up with this fear gnawing at their soul. They rush off to work, hoping that a paycheck will kill the fear.
Money is running their lives, and they refuse to tell the truth about it...”
This newsletter reaches 185,000 subscribers daily.
Sign up for this free daily newsletter at http://www.laptopmillionaire.tv
To advertise here visit http://www.laptopmillionaire.tv/advertise
Follow me on my Blog: http://www.laptopmillionaire.tv/blog
Buy the book: http://www.laptopmillionaire.tv/blog/the-book/giveaway
Buy the DVDs: http://laptopmillionaire.tv/dvds.htm
Join me on Facebook: https://www.facebook.com/thelaptopmillionaire
Claim your free 'Millionaire Maker' DVD: http://www.freemillionairemakerdvd.com
To Your Success,
C.E.O, Inspired Seminars
Author of the New York Times bestseller 'The Laptop Millionaire'
IF YOU DON’T WANT TO BE IN THE EMPLOYMENT TRAP (THAT IS, IF YOU WANT TO BE HAPPILY SELF-EMPLOYED AND EARN SOME MONEY ONLINE EITHER PART OR FULL TIME), CHECK MY MONEY-MAKER AFFILIATE NETWORKS TO THE RIGHT OF THIS PAGE. (YOU JUST HAVE TO ROLL DOWN A LITTLE BIT).