Employment Outlook for 2008 not great 2 months ago
submitted by john 4 months ago
4 people voted on this and 100% agree with the prediction
The employment outlook for 2008 will look slightly worse with unemployment increasing from 4.5% up to 5% in the US. While this is not 100% certain a lot of the current employment information relies on manufacturing figures which are expected to tail off when the recession starts to bite. Auto manufacturers and high end goods will be particularly affected and this will eventually filter down into more general areas.
This will unfortunately also affect the advertising markets as the manufacturing drops so will the advertising. The end result is that while there will be an increase in the general number of people looking for work there will also be a decrease in the number of companies wanting to hire people.