Unemployment and California

There is a strange connection between unemployment in California and the new found interest in self employment. I have noticed, of late, to my blog site, that a good 50% of visitors are Californians which fact evoked interest in me to go to the root of this all. Not surprisingly my attention turned towards employment and unemployment figures before anything else. You may not be surprised, the Employment Development Department of California government has released its unemployment survey for the year 2007 but the surprising thing in it is there is not a rise in the figure for this year in comparison to last year in percentage terms. It used to be around 5% but this time round the figure has climbed down to 4.8%. But does it really mean that more people in the earning age are now happily employed? Unfortunately not so.

As I dug deeper, it more or less became explicit that the governmental figures in percentage are more of an eye wash than anything else. There were employees who left their jobs on their own at a whopping 87,100 and the number of those who were laid off by employers stood at 1/3 of above figure. It is implicit that the rest were either new entrants or re-entrants to the job market out of the total 877,000 unemployed persons.

Purchase Structured

I would not go as far as deducing that visitors to my blog site are because of the surge in unemployment. But there sure is an element of interest sparked by those lay-offs however resignations are altogether a different chapter which I think could also have partly contributed to my web traffic.

Being on ones own self, earning as ones own boss has always been the passion for humans. If someone gets into business out of passion it is compulsion for some others. Although there is no conclusive barometer which measures which is more and why a whole community has got into either form of earning livelihood but times such as these stand testimony for this.

Taking up business, small or tiny, out of compulsion requires a lot of pre-training which these people may have missed through their careers. The daily chores, the burden of paying monthly bills and keeping the earning wheel moving may further complicate matters for at least a few of them. Internet is a huge source of information for such desperate seekers. Unfortunately there are vulgarly huge numbers of fraud websites than there are genuine ones. Let's make online earning, the catch word a reasonable source for the desolate souls.

Unemployment and California