Business Insider has published “19 Scary Facts About Getting a Job in America.”
1) If you lose your job today, there’s a 70 percent chance you won’t find a job in the next month.
2) If you’ve been unemployed for a year, there’s a 91percent chance you won’t find a job in the next month.
3) Two million people have exhausted 99 weeks of unemployment benefits. Another four million will do so in 2011.
4) There was zero job growth in the past decade, the worst10 years on record.
5) In the most optimistic scenarios, payrolls won’t returnto 2008 levels until 2013. In that time, the population will grow by 5 percent.
6) More than one in four jobs added to the economy last year were temporary.
7) At 2000 levels of labor force participation, the unemployment rate would be 13 percent.
8) When you count the unemployed, underemployed anddiscouraged workers, only 47 percent of the work force is fully employed.
9) The number of workers over 55 has increased nearly 8percent in three years. No retirement means no hiring.
10) Four out of 10 baby boomers said they will have to “work until they drop.”
11) The average length of unemployment is 22 weeks.
12) For workers over 55, the average length of unemployment is 43 weeks.
13) In one of the hardest cities to find a job, Las Vegas,there are nine applicants for every job opening.
14) No jobs crash since the Great Depression of the 1930seven compares to what’s happening now, in terms of the number of jobs lost by the economy as a whole.
15) A 1 percent increase in unemployment leads roughly to a1 percent increase in suicides.
16) More than 3 million manufacturing jobs have been lost since 1998.
17) The number of motor vehicle manufacturing jobs will decline by 20 percent in the next decade.
18) The number of apparel manufacturing jobs will drop by 57percent over the next decade.
19) Here is the competition: A network engineer in Bangladesh makes $6,000 a year, while a CEO earns $30,000 on the average.
Whilst we know this doesn't necessarily apply in the UK it points to the facts that INVESTING IN A FRANCHISE could provide job security
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