May 19, 2013

Market America Has the Solution to Long-term Unemployment

"All too often we look to others for employment, when in reality the opportunity to find real entrepreneurial success lies within each and every one of us. It’s simply up to us to wake up, and realize that we all have the ability to take control of our financial destiny, and build lasting success with a global entrepreneurial opportunity unlike any other – the UnFranchise Business." - JR


From BeingJRRidinger.com

By JR Ridinger, Presiident and CEO of Market America
17 May 2013

I recently came across this interesting article from The Atlantic, which highlights a growing issue in the job market – long term unemployment. It seems that the longer you remain unemployed in this economy, the less chance you have of landing a job. Unemployment can be a vicious cycle, as millions of Americans are currently trapped in the long-term unemployment rut.

Rand Ghayad, a PhD candidate in economics from Northeastern University, recently did an eye-opening study on long-term employment, and discovered the true nature of this issue. According to Ghayad’s study, employers are simply shying away from those who’ve been unemployed for more than six months – and the longer you go without a job, the harder it is to get one again.

This is a truly disturbing scenario, especially in the land of opportunity. It’s been called the land of opportunity because for centuries people have been coming here to forge their own success through ingenuity, creativity, passion, and hard work. I feel that even though we may be experiencing difficult economic times, the fundamentals of opportunity and success are still alive and well in this great nation. You just have to know where to look for it.

Opportunity is always knocking in America, but only those who answer the call will unlock their potential and help open the doors of opportunity for others. After all – isn’t that what America is all about in the first place? I feel that part of the issue is the very concept of employment. The idea that you spend your life toiling away so that someone else can sit pretty is what’s always made the 45 year plan so unappealing to me, and to me its part of a larger, more fundamental problem.

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