According to the most recent government statistics, U.S. employers cut 2.6 million jobs in 2008, and more than 11 million of our nation’s citizens are currently out of work. If this isn’t scary enough, the pink slips stacked even higher and faster in the month of December with 632,000 Americans losing their jobs.
Over the past year and a half, we’ve watched our country battle the collapse of our housing market and have witnessed a lending lockup that has forced America to change the way it does business.
The U.S. economy may be headed for it’s deepest, darkest, and longest recession since World War ll, and as America’s fear mounts, so does the toll this all takes on consumer confidence and spending. With a 7.2% unemployment rate, which is said to be heading to 10% by the year’s end, Americans are tightening their collective belts in an effort to make ends meet. All the while we are a country at war.
It doesn’t sound good does it? How is the small business owner, or the working man going survive this devastating economic downturn? How are we going to pay our mortgages, our car notes, and feed our families? Well if you’re asking me, my answer is this, find a way to get into the business of hair. Read more ›
