Jan 28

Money Printing to Fuel New Economic Bubble

For many people, 2008-2011 were terrible years, and 2011 has not been going well at all. The employers they work for have gone through several rounds of layoffs, a steep drop in business, and some have filed for bankruptcy or been bailed out by the government or other corporate entities. Not only have merit raises not been given, many employees have been offered a pay cut instead of being laid off.

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The sentiment is that, “at least I have a job.” However, these jobs can not pay the bills, or give them the opportunity for any type of career advancement. It leaves Americans wondering how they can secure a higher paying job in today’s poor employment situation. The great news is that it looks like the jobs market may be showing signs of life in the future.

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The government has been creaint money like there’s no tomorrow, and the stock market may finally be turning around. Although this could well possibly be a manipulated recovery and the start of a new bubble, it will be a good idea to keep an eye out for any new job openings. Companies will finally begin hiring again, especially since local and state governments have been firing public sector employees.

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