I read something the other day that caught my interest. I t was presented so that ones common sense can be applied. From there, each person can draw the point trying to be made. When using math to make points, it is harder to dispute and easier to verify. This presentation on UNEMPLOYMENT was presented using math
SIMPLE ENOUGH MATH
In order for the unemployment figures to return to their 4, 5 and 6% ranges, which by the way are considered good, robust and healthy for us as an economy, 250,000 jobs would have to be filled every month for the next 48 months. Well that is easy enough to take in...
WHAT TYPE OF JOBS
In the same representation, it is stated that sometimes as much as 50,000 jobs a month (if that) are being filled. At that rate, it would take 20 years or more to get back to some healthy position. Furthermore, the jobs being created are low-paying in nature too. All that means is that after the 'worker" gets their paycheck, there is nothing left over to spend or even live well on. This does not help propel the economy forward
HIGH PAYING JOBS IN DEMAND
Then, at the other end of the unemployment spectrum, there are high paying jobs available but unfortunately there are not enough local applicants to fill the positions because of the high educational qualifications necessary. This points the finger at our American educational system, it's costs and how ineffective long term it will be.
OVERSEAS IS OVER HERE...FILLING THOSE JOBS
Those high paying jobs are being filled by others who are recruited from overseas. Foreign doctors, engineers and various professionals who have the necessary credentials are taking those high paying positions leaving our job stats to lean toward stagnating or move slow
BUY REAL ESTATE...IT IS THE BEST TIME TO DO SO
One thing that does stand out out of all this is the fact that buying a Real Estate right now is the most prudent thing anyone can do if they can do it. Interest rates cannot be sustained at these low points indefinitely. They will increase. Furthermore, now that everything has been rolled back to affordable pricing, first time buyers can jump in with both feet and get REAL value...in essence, get what you pay for
BUY NOW..OWN FREE AND CLEAR LATER
In 20 short years from now, the purchase today will be owned free and clear by most of the purchasers should they stay the course. America still offers opportunities no matter what happens between the ups and downs of the economy. Contact your local ActiveRain Real Estate agent right now
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