Many people still believe that a job is the right way to support their families and their lives because it involves a steady income. However, that ‘steady income’ aspect isn’t what it used to be is it? Jobs seem to be forever dwindling and we have not had a job market really working in favor of the job seeker since the mid 1990’s.
The only sure bet these days seems to be cycles of recession and layoffs. And with each cycle of recession, do we come out worse than before when the supposed ‘recovery’ occurs? In 2007 (before the current recession kicked in), the Seattle Times ran a piece called “One thing missing in jobs boom: high pay”. I’ve linked to the article below in case you want to read it in full.
Basically it laments the fact that when the last recession ended and recovery kicked in, there were very few good paying jobs created. Most of the jobs created were low paying “McJobs”. To quote: “Of 240,000 new jobs created in Washington between 2002-2006, 69.5 percent pay less than a living wage.”
I don’t believe this pattern is limited to just the Seattle area. I think what the reporter uncovered here simply reflects current overall economic trends. I think that just like the proverbial pot of gold at the end of a rainbow, it might be expecting a lot to think that a wealth of good paying jobs will be created.
This has not gone unnoticed. This is one of the reasons people are flocking to the idea of a home based business. Another thing that contributes to this movement is the lack of job security even when people are employed. All this adds up to a fundamental change in mindset.
What about you? Have ecomonic conditions caused you to consider a home based business?
One thing missing in jobs boom