It is possible that you haven’t seen an increase in the recovery of the economy because it is moving slowly. There is potential for the momentum to pick up with an increase in businesses in certain areas but it is unlikely to show in the moving business this year.
The employment across the board is at a low point and this means that there are going to be more people applying for jobs, competition will be high and this can mean a reduced wage being offered. This can benefit employers but can have a negative impact on the work force, prices of goods continue to rise with inflation and this makes affording the basics difficult.
More employers are offering part-time positions rather than full time. This reduces the costs that they have to pay in taxes, but it doesn’t help those only being offered limited contracts.
There have been spikes and lows in the recovery of the economy and it is still looking patchy in the future. The increase in the potential for growth is going to be hampered by the rise in inflation, so any improvements are going to be slow before they actually show on the balance sheets.
It is important that you continue to push forward with your business and make plans for the future. Don’t assume that if there are improvements in the business that it will continue in the future. It is possible that there could be a lull in the recovery before the economy eventually picks up.
The predictions in the rate of employment is expected to rise by the end of 2014, but this could change depending on the progress of different factors in the economy.
It is still a cautious time with relation to the moving business and the future economy. It is still a volatile market that means you will need to watch carefully in the coming months.
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