MLM AND JOBLESSNESS

MLM or Network Market is not only tackles unemployment problem but also creates healthy wealth creation to its participants. Network Marketing was thriving the first half of the 80's while unemployment continued to rise. In fact, in 1982 unemployment was at its highest level in 40 years at 9.7%. During the second half MLM "slump" unemployment dropped considerably, and by the end of the decade the number of those out of work was almost half of what it was at the beginning of the decade. The 1990's saw perhaps the clearest distinction between halves of any decade with more major company launches and more companies going into momentum than any other time in history. There was also more wealth being created by way of MLM from 1990 to 1994 than any other 5-year period. The second half wasn't exactly the best of times for Network Marketing. If there ever was such a thing as an MLM recession, we had one from 1996 through 1999. Why? The very high unemployment rate from 1990 to '94 and the sharp drop during the second half of the decade where it hit a 30-year low at 4.2% in 1999.