I remember some time ago when dinosaurs were still roaming the plains people used to stay on their jobs for 30 or 40 years and then retire.  Well you won’t see that in this life time again.  So much has changed as these are certainly different times.

According to the USA today employers slashed their payrolls by 159,000 workers in September and this is due to the credit freeze.  Employers are just not able to get funding to even meet payroll and other business expenses.   These job cuts represent the most we have seen in 5 years and this is the ninth straight month we have lost jobs.  By the way (job stands for Just Over Broke). Now without a job I guess it’s JUB, (Just Under Broke).

This is the classical example of, Too Much Month At the End Of The Money.  Here is the break down for jobs:

Manufacturers cut _____________51,000 jobs
Construction cut _______________35,000 jobs
Retailers cut __________________40,000 jobs
Business services cut___________27,000 jobs
Financial services cut___________17,000 jobs
Security & Investments cut ______8,000 jobs
Leisure & Hospitality cut ________17,000 jobs

The economy is taking it’s toll.  There has been an increase in business for temporary agencies. A lot of organizations are looking at bringing on temporary agencies to fulfill job obligations because they don’t want to commit to full time employees right now.

The nation’s unemployment rate is at 6.1%.   If you are looking to retire from your job then you had better think again and start looking at other alternatives for making a livelihood.   Click here for better opportunities.

To Your Great Success,

Mel Richardson
VisionStar Enterprises
Check out Mel’s new Moneycash Blog

(The following is an excerpt from Jennifer Kushell’s post on The Huffington Post)

As I sit on my final plane ride of an almost 30 hour trek back to Los Angeles from Singapore, I can’t help but worry about the future of America.

Sure, I watched the debates. Watched the House vote to try to bail our country out of pending financial ruin. Watched TV anchors risk whiplash as stock market plunged and surged. Watched the most prestigious institutions drop suddenly like flies. And I won’t even get into what it was like to watch tourists taking photos of themselves in front of Lehman Brothers last week when I was in NYC.

Amidst all of this chaos, deep in my heart I believe the American spirit will prevail. What scared me most this week in East Asia though, was literally being surrounded by the global emerging workforce — graduating students from dozens of countries around the world… and wondering if the spirit of our young people is strong enough to keep us globally competitive into the future. After all the dust settles, will they really be ready to lead?

The government and corporate world aren’t the only ones in the US who need to clean up their acts and step up their games… click here for the full article