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+--- Thread: Jobless rate of 7.7% (/showthread.php?tid=1748)
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RE: Jobless rate of 7.7% - maitreya - 03-19-2009
Shintetsu Wrote:Oo nga naman, if the whole world goes third world, you'll be rich!
I just have to say though, honestly, the Networking business category seems to be doing pretty well.
E.g., Lifemax. lol
It's similar to service. As long as someone wants the service/product you're providing, then all's good.
RE: Jobless rate of 7.7% - Shintetsu - 03-19-2009
Exactly. Actually, behind all the success, there's also the product, which is a very big factor of success for the business.
It isn't easy. But it sure is doing good.
Though it isn't really a job, in its own way, it's a job.
RE: Jobless rate of 7.7% - Mjting - 04-30-2009
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RE: Jobless rate of 7.7% - atdsutm - 04-30-2009
higher population may also entail to higher unemployment lol
RE: Jobless rate of 7.7% - Sforza - 04-30-2009
(04-30-2009, 07:43 PM)atdsutm Wrote: higher population may also entail to higher unemployment lol
...and higher unemployment = lower sales for network marketers, because people will not have anything to spend
RE: Jobless rate of 7.7% - atdsutm - 05-01-2009
(04-30-2009, 09:23 PM)Sforza Wrote:(04-30-2009, 07:43 PM)atdsutm Wrote: higher population may also entail to higher unemployment lol
...and higher unemployment = lower sales for network marketers, because people will not have anything to spend
lower sales will lead to a lower development of a firm that will lead to lay offs and less employment opportunities.
So more unemployment, and then the wages spiral will continue, unless an outer force (GSP for example) will stop the cycle.
note that higher unemployment rate is also related to higher chance of being lay off for cheap labors, since its much easier to replace a current worker given that a pool of available work force is large and that will replace him/her.