Critical stats in today’s new career economy:

The U.S. has shed 7.2 million jobs since the beginning of the recession, raising unemployment from a low of 4.6% to 9.8% at present It is estimated that an additional ¼-½ million jobs/month will be lost through most of 2009, raising unemployment to 10.1%, its highest level since the early 1980s This unemployment rate is expected to stay this high for 2-3 years and won’t reach 5% again until 2017 If you factor in those who’ve stopped looking for a job, the true unemployment rate approaches 17% Many companies are also cutting benefits (401K match, increasing health care co-pays{37%}) for employees that they are keeping These employees will also have to work harder for fewer benefits to take up the slack from the folks who were let go (the work still has to get done) In October, 2008, there were 3.3 unemployed people for every open job position and this has increased to a 6:1 ratio in 3rd quarter 2009 as unemployment reached 10% The average job search took nearly 4.4 months in the 3rd quarter of 2008 and double that time for individuals 50 and older (what’s the opportunity cost of that downtime vs. investing in a business) Long-term unemployment (6 months or longer) reached 36.5% of the total unemployed, the highest level since this has been tracked The average worker who is re-hired can expect a 20-30% pay cut

Many people would like to have their own business but think they can’t afford it. Sometimes you need to think outside the box to get funding for your business. This webinar will focus on your options in today’s new career economy and funding options you may not be aware of.

6:30 PM - 7:30 PM CST

Space is limited. Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/612077505