Killing the Virus Called Unemployment

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The fact that this world is going through a duration of economic accident is no longer a news.

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How is Killing the Virus Called Unemployment

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With mass retrenchments among the global work force, it seems the said accident chose the labor force as its main target.

This situation which has put the incidence of unemployment continually on the growth in the global world, has turned this monster to a source of serious concern to all stakeholders.

The world unemployment rate is estimated at 7.6% according to a special record by Us News of March 4, 2009. Hear what the record as posted by Liz Wolgemuth said and I quote "Employers slashed their payrolls by 598,000 jobs in January, marking not only the biggest monthly cut since the retreat began in December 2007, but the biggest since 1974, the Labor group reported today.

The unemployment rate rocketed to a more than 16-year high of 7.6 percent from 7.2 percent in December. The government also revised earlier job loss numbers to shower deeper cuts in November and December.
About half of the 3.6 million jobs lost since the start of the retreat have been lost in the past three months, indicating the economic slowdown is far from over."

This record prolonged in a more terrifying tone in someone else paragraph. I quote the exact words below
"What in the world is going on? The job market is simply persisting to deteriorate.

Companies are cutting costs to make up for plummeting examine and a lack of ready reputation and investment.
As the retreat has deepened, job losses have come to be increasingly broad--now touching nearly all sectors of the economy.

Manufacturing is bleeding jobs--the sector lost 207,000 jobs in January, the biggest loss since October 1982, according to the Labor Department.

Construction lost 111,000, bringing the total jobs lost in building to 1 million since January of 2007.
The retail, transportation, and financial sectors all prolonged to cut payrolls."

Hear the terminal part of this report, it is like issuing a red card in a football game, as I quote, "What's next? There is not much good news to report. "We expect labor market conditions to remain terrifying for many months to come, which will reinforce the decline in consumer spending that is occurring for other reasons as well," says Joshua Shapiro, chief U.S. Economist at Mfr.

This week record on initial claims filed for unemployment may indicate that employers are verily accelerating job cutting this month, according to Morgan Stanley economists David Greenlaw and Ted Wieseman.

"We look for the unemployment rate to continue to rise to about 9.75% by the end of 2009," they said in a mourning note"

What a news, what a bad signal and what an heartbreaking report.

Sad as it may seem, i believe the record is a true photo of what is happening in the global world, which in turn is giving us an hint of what to expect at the shortest inherent time.

In my own opinion, i see unemployment as a virus more terrifying than that of Cancer and Hiv/Aids, yet, the old is not noised all over as the case is, with the latter.

Most industrialized countries are budgeting millions of their resources to fight the spread of Hiv/Aids living behind the most terrifying virus that should have been fought tooth and nail, the virus of unemployment.

Let me point out that Hiv/Aids may kill, but unemployment kill faster and more terribly, it is the sole intuit for so many suicidal attempts and occurrences, the intuit behind many broken homes, and uncountable environmental disasters.

So many youths at their beneficial ages have turned to armed robbery and other communal vices because of this same terrifying monster.

Is it not more deadly then than the virus of Hiv/Aids? surely it is.

Is there no way out of this damned situation?

Definitely, there is always a way out of every mess.

My father, Bishop David Oyedepo said the mysteries of God is the only clarification to the miseries of life.
I believe that God strangeness clarification for unemployment is for all and sundry to shun paid jobs and look out for financial independence.

This is the only way by which every man and woman could be saved and kept against every arrow of unemployment and job losses to reap financial independence.

I therefore strongly propose home business strangeness as the heavenly ordained antidote for the miseries of unemployment and economic hardship.

This i believe will sell out financial tension in homes and bring the bane of unemployment to its knee .

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