Can Import from China Solve the U.S. Unemployment Crisis?

Online, August 5, 2010 (Newswire.com) - The latest statistics from the United States Department of Labor show an unemployment rate of 9.5% in June. Another 350,000 jobs have been lost during that month. What is a country full of unemployed men and women to do? Many of these are highly educated, near retirement age with years of work experience but there are no jobs to be found.

Frustrated with Corporate America, thousands of the unemployed start their own businesses in a downward economy. When the economy struggles, the number of small businesses with no employees tends to increase at higher rates according to the U.S. Small Business Advocate. These talented executives turn their energy to becoming entrepreneurs instead of facing further corporate rejection.

Small business entrepreneurs find success in virtually every business sector from consulting to manufacturing. One area that is happening below the radar is the Import Entrepreneur. These businesses find a product overseas and import them into the United States for resale either in their local cities and/or online. The products and the countries where they come from are endless.

The latest figures from the U.S. Census Bureau indicate that the number one country that the U.S. imports from is China. The total value of such goods is $296,373 million in 2009. The majority of import/exporters are not big businesses but rather small entrepreneurs scattered throughout the towns and cities of the United States. A closer look will reveal the presence of the Import from China Small Businesses.

The obvious place is in the larger metropolitan Chinatowns. Almost all of the goods are imported from China. Such products are typically high quality but low cost. Broadening from the Chinatown to more mainstream America, you will find many small businesses importing goods from China for resale in their retail stores. The retailers range from the neighborhood dollar stores to high fashion boutiques. Check out the "made in China" labels.

For those unemployed Americans who want to jump on the import from China success, here are a few tips:
1. Within your geography, decide who is your target or the group of people that will buy your product.
2. Based on your target's interests and needs, determine the possible products that you wish to import.
3. Identify how you are going to get the goods into the United States from China.

With hard work and perseverance, import from China can lead unemployed Americans back to work again.

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