Pent-up demand for local search marketing services could benefit under-employed professionals

"In March, 15 million adults were out of work  in the United States, nearly 10 percent of the working population. Average full-time income for the same period was $38,428, according to the Bureau of Labor Statistics. Ten years ago, the unemployment rate was 3.3 percent and the average wage was $29,952. Thus, the unemployment rate has exactly tripled, while real income (net of inflation), is about the same.

"I don't think the unemployment rate will ever get back to 3 percent, no matter how healthy the economy.  In fact, the greater our economic growth, the greater the unemployment rate, and let me explain why. Bear with me on a bit of undergraduate economics and it will be worth the effort."

Thus begins search marketing authority Dennis Yu in a blog post titled "Unemployment, Internet Marketing and the Lurking Tsunami". The piece, on the BlitzLocal blog, analyzes how educated, under-employed individuals and forward-looking enterprises will be able to meet skyrocketing demand for local online marketing services.

The rest of the article is here.