Are you in a career transition, or have always wanted to own your own business ?

May 6, 2011 - PRLog -- The US economy added more than 200,000 new jobs in April for a third straight month, boosting confidence in the sustainability of the recovery.

"The weakness of real GDP growth in the first quarter probably will prove temporary," Federal Reserve Bank of New York President William Dudley said. "There are many reasons to believe conditions are in place for stronger growth in the coming months in the nation and the region," he said.

New York City unemployment rate has leveled off after improving since the horrendous high of 10.9% last January.

In February, the city's unemployment rate was 8.9 percent, just as it was in January.  The rate is virtually unchanged since November, meaning that hiring in the city has slowed significantly over the last few months.

That's not as bad as it's been, but New York City's unemployment rate continues to hold steady, as the national unemployment rate continues to dip slightly, now mirroring New York at 8.9 %.

New York City added about 11,000 jobs last month, but that gain was smaller than the average increase in Februaries over the last 10 years, according to James Brown, principal economist for the State Labor Department. In a good sign for the city's tax revenue, though, the strongest sectors were also those that tend to pay the most: financial activities and professional and business services, like accounting and consulting

The seasonally adjusted number of unemployed people in the city was around 355,000, down 45,000 from February 2010.

New York State's unemployment remained at 8.2 %, unchanged from January. Statewide, about 787,000 residents were out of work in February. Many had already used the maximum 99 weeks of unemployment insurance payments, and more than a third were no longer collecting benefits.

The economy must add 13 million private sector jobs over the next three years -- 360,000 each month -- to bring unemployment down to 6 %. Core private sector jobs must increase at least 300,000 a month to accomplish that goal.

Growth at 3% will only keep unemployment steady because the working age population increases one percent a year and productivity advances about 2%. Growth in the range of 4 to 5% is needed to get unemployment down to 6% over the next several years.

Given the economic outlook going forward, consider starting your own business in New York and the advantages of being self employed and working from home.

Starting your own business in New York does not necessarily mean a brand new invention or product. In fact, many successful small businesses have found a way to deliver an existing service or product more efficiently and economically or have customized an existing product or service to fit an opportunity.

If you are motivated and entrepreneurial, and believe that you will do well with your own business and you are disciplined and willing and to put the effort, time and money, a home based business may be for you.

If you are in career transition, or have always wanted to own your own business, your next career move might just be as a business owner of one of the nation's most sought after franchise companies the ACFN ATM Franchise.

The ACFN ATM Franchise Business is headquartered in San Jose, California, where the company was ranked by the Business Journal as the 43rd Fastest Growing Private Company in Silicon Valley for 2007 - 2009.

Entrepreneur Magazine's Franchise 500 listing for 2010 ranks ACFN, the only ATM franchise business in the US, #1 in category "Miscellaneous Financial Services".

ACFN the innovative ATM Franchise Business based in Silicon Valley, is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses.

“ACFN is a U.S. company with operations in all 50 States and Canada, however by utilizing our franchise business model we maintain the operating efficiencies of a local company”, says Jeff Kerr, Founder and President of ACFN.

“ ACFN's ATM franchise equips you with the tools and the know how to manage the business". Avi Blankroth, Executive Vice President of ACFN says. "The process begins with each franchisee purchasing ATMs, while ACFN locates and contracts lucrative placement locations"

About  ACFN

http://www.youtube.com/watch?v=y2DuNabUgNA



Find out how you can benefit from ACFN to help deliver return on investment, positive cash flow and improved revenue.

More information is available at:

http://www.acfnfranchised.com/

American Consumer Financial Network (ACFN)
111 W. St. John St
Sixth Floor
San Jose, CA 95113

Tel: 888-794-2236

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ACFN is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses. Providing ATM services since 1996, franchised in 2003 with 170 franchises, 1400 ATM Machines in the US and Canada.