Whether starting a new career or making a career change, the process can be terrifying. There are ways to ease the transition. Learn as much as possible about your new career, especially before leaving a current career. Look at how the change will affect your finances, short term and long term. Check to see if you need additional training or education. One good way to see if you like it is to try a new position out as a part-time experience or as an intern. See Credit.com.
New data from the National Association of Realtors shows about 20 million families have money to buy a home but are choosing to rent as reported in MarketWatch.com. Buyers are deterred from purchasing because of large down payment requirements and requests to prove a long track record of steady income. Many workers are choosing to be self-employed or do free-lance work.
The figures released by the Labor Department show that 217,000 jobs were added in May, less than the number added in April, but enough tho keep the unemployment rate at 6.3%. This is certainly good news as it reflects the economy continues to recover although slowly. In fact, the economy has recovered all of the 8.7 million jobs lost during the recession according to foxbusiness.com.