RIFT SUCCESS

True SUCCESS in life is measured by how gracefully you overcome obstacles. ~Junior Sanchez {LION}

OUR MISSION

To create employment and career opportunities for individuals who are finding it difficult to return to the workforce. Our focus is to merge their specific crafts and skills with organizations seeking them. RIFT is SUCCESS!

ABOUT US

We at RIFT SUCCESS are here to be the rift in the miss-communication between employees and employers by means of uniting both parties via a solution. We are a group of professionals with years of experience in the consulting, human resources, business, entrepreneurship, real estate, and staffing industries. We take each client on a case by case basis and provide all available options promptly. Our goal is to help them reach their personal SUCCESS.

RECRUITING & EMPLOYMENT DIVISION

With the troubling trend of unemployment still on the rise, RIFT SUCCESS pairs up with job seekers of all kinds and all trades in order to aid them in finding their right company fit. We pride ourselves in aiding all who need employment to further their long term life goals.

2nd CHANCE DIVISION

The fact remains that recently released, ex-incarcerated individuals need employment once released in order to provide for themselves, their families, and the economy but are finding it difficult to do so. At RIFT SUCCESS we provide work and career opportunities for those that wish to return to the workforce thus enhancing their quality of life and lowering their risk of returning to crime as a means of survival.

We ARE the solution to these pending problems and will not give up until we have helped all parties succeed. To see this solution as a successful end to a means is our mission and one which we will always base our programs on.

http://www.riftsuccess.com

WELCOME TO MY PAGE

I am in the business of doing business to help your business so let's do business!!

Junior Sanchez

Junior Sanchez
The Networking King
My photo
As a professional I understand the value one individual can have in an organization, and for this reason I mandate myself to be the best at anything I do. I solidly stand by my product, for my product is me. I live with the understanding that in any industry a successful business person must possess three key components: 1)Incorruptible Ethics 2)Strong Will and Determination to Succeed 3)Full Knowledge and Understanding of Oneself I work hard to succeed and believe that failure is not an option. Any company I have worked with or any client I have done business with understands that my word to them is as good as gold because I stand behind my product, me. I have an unyielding passion for business, any business; for business is the foundation of the world.

Sunday, January 3, 2010

Economic Recovery? Small Businesses I Can Help You Recover!!!

Original Post By: CNBC
Economy 2010: A Recovery By Any Other Name

Economists are busy upgrading their economic forecasts for 2010, but don't start the "Happy New Year" cheers just yet.




Some forecasters are already calling for the economy to grow between four and five percent in the coming year, but that's after the most brutal recession in three decades.



"You have to remember that you're starting from a low base," says Chris Varvares, president of the economic consulting firm Macroeconomic Advisers, which in forecasting four percent GDP growth is among the more bullish views.



"We're getting a snapback that, when judged with those from other deep recessions, is pitiful," he quickly adds, comparing the economy to a intensive care patient recovering from a near fatal auto accident.



OK, now put away your noisemakers and hats.



"Sure there are a lot of tailwinds, a lot of pent up demand," says Nariman Behravesh, chief economist at Global Insight, which is expecting economic growth in the 2.0-to-2.5-percent range for much of 2010, at the low end of forecasts. "All that means is that there is a recovery in place that is sustainable but not strong."



In the middle of those forecasts is the National Association of Business Economists, which in late November raised its 2010 GDP to 3.2 percent. That happens to be what the White House is calling for in its most recent economic outlook.



Consuming Questions



Like most things about the economy over the past couple years, 2010 will turn on the consumer and housing sectors. The other big factor this time around is unemployment.







Together, they represent something of a Bermuda Triangle for the market.



"The biggest drawback, the big unknown, is the massive amount of debt households have," says Christian Weller of the University of Massachusetts and the Center for American Progress. "A combination of employment and wage growth should help, but it's an unknown. We've never had this much debt before."



Weller is not in the business of making forecasts, but David Resler, chief economist at Nomura Securities, has been doing it for more than two decades.



Resler expects personal consumption to grow at a slower pace (2.3 percent) than the overall economy (2.7 percent).



Nomura estimates that the $9 trillion in wealth losses of 2008 and early 2009 will cut long-run consumer spending by about $300-$700 billion. What's more, though the debt service-to- disposable income ratio has fallen sharply in the past year, it remains well above the 30-year average.







"Households are going to use any wealth accumulation to pay down debt," says Resler. "That's going to be a continuing strain on the economy."



Others, such as Varvares, are ruling out such a drag because of the recent rebound in wealth---a nine month stock market rally has helped--as well as continuing increases in disposable income and wages.



A frugal, cautious consumer mindset, however, has been a drag on housing, especially in an environment of falling prices, in recent years.



Hardly anyone expects housing to remain a strain on the economy-there's something of a consensus that home prices have bottomed-but it won't be the engine it was in the past. Expectations are largely modest.



Resler expects housing starts to hit 730,000 for the year, NABE forecasts 800,000, Varvares 880,000. All of those, however are below the 2008 level. Any recovery in single family homes is now being somewhat undermined by weakness in multifamily.







Something bordering on an optimistic can be found in Ram Bhagavatula, managing director at the hedge fund Combinatorics Capital.



"Housing has bottomed," says Bhagavatula, who is forecasting housing starts of one million. "There's been a lot of postponed housing consumption."



Bhagavatula says he'll probably be revising his current GDP estimate of 3.5 percent to somewhere between 4.0-4.5 percent come January.



Nevertheless, he warns that the "strength of the recovery will be the big surprise. The market forecast is way too optimistic."



Jobs, Jobs, Jobs



Optimism, however, is not a word associated with the job market. Though most say the jobless rate either peaked at 10.3 in October or will edge a fraction higher than that in early 2010 (Global Insight, for one, expects 10.5 percent), no one has great expectations for improvement.



Forecasts above nine and a half percent for the jobless rate are common. One culprit-housing.



"A lot of employment in past years has been driven by the expansion in homebuilding," says Resler of Nomura, which expects the jobless rate to drop to 9.7 percent.



The outlook for job creation is somewhat more positive. Most expect the first job gains to appear in the next month or two.







"We're going to see progress on job growth," says Weller, who is encouraged by government efforts on job creation.



"I expect plus-250,000 a month by the spring," says Michael Mussa, a former International Monetary Fund economist, now with the Peterson Institute for International Studies.



Mussa is not among those raising his forecast; he's been calling for a five-percent GDP growth rate in 2010 since early this year, arguing that deep contractions beget steep recoveries in both growth and jobs.



With forecasts like these, it almost goes without saying that inflation is expected to be under control. The worst-case scenario is 2.3 percent for core CPI (Bhagavatula); the best is 1.1 percent for core PCE (Varvares)



Inflation appears to be less of a consideration for the Federal Reserve in deciding when to first raise interest rates than the labor market and economists' predictions run the gamut.



The soonest--where a consensus seems to be forming-is mid-year. The latest is the first half of 2011, assuming the worst case for the labor market. More than a few others expect the central bank to wait until late summer or early fall 2010.



"It's worried about this lackluster recovery," says Behravesh.

0 comments:

Post a Comment

Sociable

Search This Blog

Junior Sanchez

Junior Sanchez
The Networking King

Followers

There was an error in this gadget