Good News for UK Employment Market

The number of job appointments has increased for the second month in row. Sound like good news? It sort of is, but the overall situation in UK is far from picture perfect.

Although the unemployment level is the highest since 1995 that last two months have shown good promise. While job market is still very far away from booming one positive fact can be mentioned. It seems than the rate of job losses has reached its peak and that means that the unemployment levels will not drastically increase. Even more good news is that there is appearing more and more permanent and periodical new job opening which can be directly connected to the increasing stability. Many companies have understood that the country has withstood the hardest blow of the global economic crisis and has entered the path of recovery. The faster the stability level will grow the faster will the job market expand.

While the statement that the global crisis has been defeated did no actual good for the general population these news give at least a small ray of hope. Now at least the people have something to look for. While finding a good job is still a very hard undertaking at least it is possible no matter the chances. Three months ago this was not so. We have to grab hold of every little piece of hope or otherwise we might crack and give in to depression. Let’s hope that we will receive more and more good news all over the world.

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The Wonderful World of Online Advertisements

I am sure that I am not the only one who has received various ‘’excellent’’ offers via email or generally the internet. Lately I have started to wonder what is the point ofd all this. I really do not believe that you can curb your enterprise using such tactics, but maybe I am wrong.

First of all lets start with and excellent example. Apparently at least a half of world population needs some sort of a dildo. I won’t elaborate on what this is if you are interested then use google.com and find out. But really has anyone bought this item due to the fact that it was advertised in an email. Lately I do not even bother to read these so called spam mails. Of course they are not all attempts of fraud there might be some real bargains, but simply I get to angry to react properly to them and basically delete them on sight. But someone actually made them, used their time and perhaps invested some money into them. So is it worth? Yes a simple homepage might look too boring so to add some color why not use cheerful and interesting banners. It livens up the place and maybe perhaps someone even buys something. For someone it may work, but I really not sure that it is worth all the money and time invested.

Maybe its is me, but I will probably never believe online advertisement. I accept it, but in most cases do not agree with it. In my opinion a good product does not need an extensive advertising campaign. Quality should speak for itself. But everyone must choose what is right for them.

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The Death of Economic Activity

The global economic crisis has had a major effect on the economic activity worldwide. Various markets have collapsed and a huge number of people have lost their jobs. So what actually is there to do during a crisis?

When the crisis hit everyone was ready to predict that shops would empty and go out of business due to the lack of customers with any money to spend. Some part of this came true, but only a part. Yes a huge amount of people lost their jobs and thus their income. This had a dramatic effect on the overall economic activity as there simply was no money to spend, but this is true to a certain degree because only some specific type of shops went out of business. We must remember one thing that does not change no matter what – people must eat. So to fulfill that need they must spend the money they still have on seemingly basic stuff like food. This is why only high end retailers experienced difficulties. Of course the number of newly bought cars decreased, but food and basic clothing numbers stayed the same. Actually the crisis did one positive thing it decreased the rather high basic commodity prices that were pushed to unrealistic heights due to the previous inflated economy.

Although currently everyone is speaking about the imminent recovery the economy is still in very bad shape. It may have won the fight with death, but still will need a lot of good doctors to fully recover if that is possible at all. What do we do for the time being? Everything that can be done to scrape by and pray for the glorious return of a healthy economic activity!

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Dealing with the Chinese

China is a major player in the global market and although it has not yet reached the development level of Western Europe countries and USA it still plays an important role in global market. Trading with Chinese can be a very profitable undertaking, but to succeed you must n\know at least a bit about their business traditions.

As most their business counterparts Chinese men prefer a conservative wardrobe with the appropriate colors. Women should stick to very conservative clothes as Chinese frown upon women who ‘’show too much’’. Jeans are allowed for both genders, but not for official business meeting. Avoid large hand gestures and if you must point to something use the palm of your hand. In general Chinese are not very keen on personal contact. Gifts are accepted, but you must be very careful what you present your partner with. One of the big no no’s is to gift a watch as it is connected with death and therefore should be avoided. Giving gifts to government officials is illegal and is viewed as attempted bribery. Chinese are very punctual so you should always arrive early for a business meeting. While it is very common in other countries do not discuss business affairs during a meal. Remember that Chinese prefer large quantity of small portions during a meal. Do not completely finish your meal or it may be translated that you did not receive enough food and are still hungry.

The general greeting is bowing, but there is a chance that you be offered a handshake. Always wait for your counterpart to offer it. Use formal introductions. Have several copies of all written documents. Chinese value rank and status very highly. The Chinese party will always be the first to leave the meeting. Although some Chinese speak English it would be wiser to use a translator as most Chinese people still do not understand English.

Granted it can be quite hard to successfully conduct business with the Chinese, but the reward can be very satisfying. Respect is a key part in every business deal.

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Real Advice from Real Expats: The Pros and Cons of Living and Working Abroad


Whether you are choosing a life-long international career or a one-time ordeal, starting a life as an expat can be a daunting experience. There are people in your life that will encourage you to pursue that opportunity and there will inevitably be people telling you that you are crazy. Sometimes the hardest part is paving your own road, albeit of others opinions.

At the same token, the opinions of people who believe in the long-term benefit of your international experience will undoubtedly help you achieve the dream of being an expat. There are two essential factors that contribute to making your decision easier: will it help your career and/or will it add to your overall life experience? The best source of wisdom is from people who have already achieved ‘the dream’. When I decided to do an ‘around the world trip’ after college, I sought the advice of people had had this experience. What I found was not only invaluable advice on the logistics of how to do it, but also a life long connection of friends who share my love for culture and worldwide adventure.

We asked our LinkedIn group to share their advice on the pros and cons of living and working abroad. These current and former expats have the perspective of someone who has ‘been there, done that’. Read their insights below and how going abroad has impacted their lives and careers.

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Are You Paid What You’re Really Worth?

I recently spoke to a group of about 20 current and former corporate employees about business ownership. During the discussion I asked “Do you think that you’re paid what you’re worth?” Every person believed they were being underpaid (Have you ever heard anyone who claims to be overpaid?). Being underpaid is a common complaint in the corporate world because the contribution that any one job has on the bottom line is impossible to measure. Your customer is likely to be your boss, not the end customer of the corporation who is usually separated from most employees by many layers. Ultimately, your pay is determined by your rank within a small subset of other employees and what dollar amount management thinks will satisfy you enough not to leave.

If you ever want a true measure of what you are worth, own a business. Why? Because the actions of you and your business will directly impact the customer – the ultimate judge of value. If your business makes a profit of $5 per year or $1 million per year – that is what you are worth.

If you are one of those people who think that they are not paid what they are worth, business ownership may be an option to investigate.

But that’s only if you can accept what your true worth is. Get your free business profile assesment to find out which busienss is right for you.

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The Difference between Franchising and Multi-Level Marketing

Many times, I meet people who confuse these two very different concepts. If you are looking for a business, it is important to know the difference and to weigh your options carefully before choosing.

Multi-Level Marketing: a unique compensation structure

Multi-Level Marketing (MLM) refers to how you are compensated for the product/service you are representing. In MLM’s, you can earn money not only by directly selling the product or service, but also by getting a percentage of the sales made by others whom you have recruited to sell the very same product or service – your “downline”, as it called.

Hence, in Multi-Level Marketing, the people with the greatest earning potential are those that get in early, because the more people they can recruit, the more money they can make. There is no limit to the number of people in the same geographical area that can sell the same product or service. In essence, Multi-Level Marketers are encouraged to recruit their own competition! In MLM’s, the dominant means of marketing is relationship referrals (friends, neighbors, family) and word-of-mouth, or network marketing. Network marketing and Multi-Level Marketing are also frequently confused.

Franchising: a proven business system

In contrast, a franchise is a distribution channel to build brand identity and attain market dominance for a product or service by providing proven systems, ongoing training and, in most instances, exclusive territories for the particular product/service. Franchising is highly regulated by the Federal Trade Commission and the defining document for any franchise is its Franchise Disclosure Document, or FDD, which lists all of the rules and requirements for both the franchisor and its franchisees. With a franchise, you are selling a product or service through a defined system – not recruiting others to join your group in order to grow your business. Other franchisees are your support system, not your competition.

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