U.S. Unemployment Will Continue To Skyrocket

As the U.S. real estate market and overall economy continue to deteriorate and they will due to irresponsible and non effective crisis management stimulus legislation unemployment will continue to skyrocket in the third quarter of 2009. There are many reasons for this but some of the major ones are as follows.

1.  Companies will continue to see a decrease in revenues

2.  Companies will continue to see an increase in losses

3. Payment delinquencies in all consumer debt level categories will continue to increase

4.  Bankruptcies will continue to increase

5. Consumer income will continue to decrease

6.  Consumer disposable income will continue to decrease

7.  Consumer borrowing will continue to decrease

8.  Consumer spending will continue to decrease

 9.  Supply of real estate for sale and rent will continue to increase

10.  Demand for real estate ratio wise will continue to decrease

11.  Real estate values will continue to decrease

12.  Real estate equity will continue to decrease

13. Lenders and creditors will lend less money and

14.  Companies will continue to cut jobs, compensation and benefits

Respectfully

Phil Mitsch