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The Pink Rebound
WSJ:
Call it lipstick on a pig, but there’s at least one bright spot in the nation’s bleak employment data. While it may take years to replace the millions of jobs lost in the recession, one employer is already on a hiring spree: Mary Kay Cosmetics.
The direct-sales giant last week reported signing up more than 165,000 new U.S. sales reps in April, the largest monthly amount in a decade, the company says. Since these new hires are technically independent sellers – rather than full-time staffers – the gains can also be seen as a rare example of small-business growth.
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Nan on June 21st, 2011 3:31 pm
I would see this as a counter sign – an unfortunate indicator that people can’t find work in other areas. 165,000 people signed up to sell MLM lipstick to who? Unfortunately, while the promises are high, the success rate of this type of “business” is very, very low.
MLM’s ALWAYS do better when the economy is down.
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