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Posts Tagged ‘unemployment rate’

Let’s lay out some facts:

1- Gas prices are going through the roof

2-Transportation costs for goods are increasing, capacity to move goods has shrunk

3- Small business creates 75% of new job growth

4-Raw materials, insurance, workers comp claims, Government regulation has increased

Take these increased costs out of an already strained budget and you have less money to hire people.  In Arizona, we have a car based economy.  Everything you purchase is moved by a vehicle.  When fuel prices go up, who pays the increased cost?  Some magic fairy?  No,  business and the consumer.  The transportation industry has been taking it in the shorts for years, so they decreased their fleets (less trucks) and now we will all compete for a smaller logistics system to move goods…meaning you will pay more.

It will take time for business and consumers to adjust to the new increases in cost.  Only after this happens, will we be able to move the job market forward…for me its looking like next fall.

 

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