Posted on 10 March 2010 by The Don
This March’s economic outlook is going to be a look at some of the various states out there but also some of the people’s perspectives in those states. As you may have read in our earlier article about which states were recession proof, the world is very different based on which state you live in, the post effects of the recession vary, and the level of recovery will also be tremendously different.
So which states are best and what are people feeling?
Posted on 16 February 2010 by The Don
Its already mid month and we wanted to bring you the latest economic outlook prior to the month ending as many things are now on going in the economy and in the world of politics that are directly related to our economic future. Here is a brief outlook before we deep dive into the real breakdown of each: 1. The Feds will keep the prime rate low, 2. The Senate might be overturned to Republicans, 3. GDP and unemployment shows no real growth, and 4. Banks are paying back their bailout money.
So lets get started with the deep dive…
Posted on 17 December 2009 by The Don
We are back with a promising economic forecast for December 2009 and are proud to say that the unemployment rate went slightly down to 10% and based on the November job report only 11,000 jobs were cut. The report also indicates major improvements in the months ahead. The home and auto markets had great increases in November and the global markets are stabilizing as well but what about Dubai?
Posted on 07 March 2009 by The Don
10%
That right, 10% is the expected rate of unemployment before we get back on track. The good news is that relief is expected to arrive in the next 6-8 months.
We are currently running at 7% and it seems like a never ending cycle. Does that mean that you will get your old job back. NO!
The same companies are not expected to see recovery until 2010 but are expected to start looking for talent this coming winter, in the meantime many new jobs are being created in the energy industry and the construction industry and will help lower the unemployment which should help consumer spending and the housing market. Just remember that the domino effect of a downturn is equally applicable to a recovery.
So hang in there if you are currently unemployed, help might be on the way sooner than expected.
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