Yep, the Twins are still workin' ! (And they're war babies, not baby bummmers!)
Posted on 09/03/2011 7:16:54 AM PDT by SeekAndFind
Judging by the September 2 jobs report, a double dip recession is closer than ever before and that's bad news for everyone still looking for a job.
Even worse than the modest 68,000 jobs analysts expected to see, no new jobs at all were added to the economy this quarter.
Manufacturing shrank by another 3% and unemployment remained a stark 9.1%.
Even the wages for those fortunate enough to be working went down by 0.1%—not a good sign.
As bad as this is there are jobs out there, just be prepared to go up against terrifying odds.
1. If you lose your job today, there's a 70% chance you won't find a job in the next month
2. If you've been unemployed for a year, there's a 91% chance you won't find a job in the next month
3. Two million people have exhausted 99 weeks of unemployment benefits—another four million will do so in 2011
4. In the most optimistic scenarios, payrolls won't return to 2008 levels until 2013—in that time population will grow by 5%
5. More than one in four jobs added to the economy last year were temporary
6. At 2000 participation levels, the unemployment rate would be 13%
7. When you count the unemployed, underemployed and discouraged workers, only 47 percent of the work force is fully employed
8. The number of workers over age 55 has increased by nearly eight percent in three years—no retirement means no hiring
9. 4 out of 10 baby boomers said they will have to "work till they drop"
10. The average length of unemployment is 22 weeks
11. For workers over age 55, the average length of unemployment is 43 weeks
(Excerpt) Read more at businessinsider.com ...
I worked for a company in Austin for almost 20 years until I was laid off last December. I got a generous severance check and took unemployment for 13 weeks.
I applied all over the state of Texas, interviewed 4-5 times and was hired by a Houston company in April. I relocated there. In June, that company was sold to another firm who took the assets overseas and laid off all the workers (approx. 800). I was let go in August.
I began sending out feelers and was quickly hired by a company back in Austin for whom I started on Thursday.
As I write this, I am staying in my niece’s guest bedroom as I prepare to relocate all my possessions back to Austin again.
With each new job, I’ve accepted less pay and crappier hours but I am very thankful and praise God that I have a job and will soon be getting paychecks again (plus returning to a city where I have friends and family for support).
I’m 54 years old and not ready to hang them up yet.
My advice to anyone out there is to 1) pray 2) be vigilant and 3) don’t be so proud that you won’t make some hard sacrifices just to stay employed.
It's rare to hear anyone speak about this...
If you have no job, you have no income, you aren’t going to be paying house payments.....
The people with jobs making house payments obviously don’t have to move.
Yes, they are all moving simular places, these jobs aren’t going to be in Chicago, LA, or San Fran
It isn’t that he likes Seattle, he does, it is that he has a Wife and a kid and doesn’t want to try new places to live on for size.
With the super extended unemployment insurance, you have no motivation.
If he only had 3-6 months of UI without and doubt about it running out after this time, he would change his tune. He told me as much.
You don't have to have a job to make house payments. Nor do you have to haven income. Making house payments takes cash flow, not income. Cash flow can come from consuming savings, or from selling other assets.
dila813 wrote:
If you have no job, you have no income, you aren’t going to be paying house payments.....
The people with jobs making house payments obviously don’t have to move.
And it is a real problem if you get a job offer in another state, but you can't move because you can't sell your current home because you're underwater on your mortgage.
That situation hasn't happened in previous recessions.
That, plus every college student today aspires to work for a non profit and make the world a better place.
Bryanw92 wrote:
>>That is something that citizens need to address. No society has ever been built by people that don’t make things.
But every parent I know tells their “honor student” (and these days, any student that isn’t an “honor student” is probably a “special needs” student) that they’re going to college and they will one day supervise people with skills. They all are counting on nine other parents sending their kids to trade school (except that Big Ed has almost abolished trade schools in this country).
The ones that aren't good enough to get jobs with actual non-profit institutions go into business and try to operate those businesses in a "socially responsible" way, turning those businesses into non-profits and closing them down and eliminating the jobs that were there.
Cash Flow denotes both inflow and outflow from you, as in the cash is flowing through you.
If you only have outflow, you don’t have cash flow.
You would be a fool to pay your house payments on garage sales and savings.
If you get offered another job in another state, move there then make your house payments and if you have the savings and can do garage sales to catch up your house payments, do it. Eventually the housing market can recover and you will be able to either move back or move your family.
My point was, if you are unwilling to move, then many employers are unwilling to hire you. They don’t want a guy that quits after 2-3 years.
If you have to go, go, move......
I really don’t see how anyone who is a conservative can ignore this advice.
Having a mortgage underwater isn’t a valid reason for not moving.
Valid Reasons for not moving:
1. Family Member in Intensive Care in Hospital and might die any hour..
2. ....
Get the picture??
Been there,
If you have an underwater mortgage and you follow my advice, you will be mailing me on FreeRepublic in 3-4 years saying that I was right and you have recovered all your income and then some.
Some people want to come up with any kind of excuse to not move.
Been there making those excuses in the past, learned how to knock it off and get stuff done.
Stand Tall, Walk Forward, Walk your path to success....don’t let the government turn you into a slave
Yep, the Twins are still workin' ! (And they're war babies, not baby bummmers!)
Mick Jagger never got to live out his dreams of becoming a chartered accountant after the band gigs ended and he had to find a real job.
Just as you say my experience in that is that they want some sort of magical jack of all trades type people, proficient in what are sometimes disparate skill sets and I wonder are they just overstating or do they really think these people exist?
No. That’s not true.
My children are both honor students and in the gifted programs at their schools.
But, I’ve always believed in teaching my children to become who they are meant to be, not who I want them to be. Getting a college degree, as a status symbol, is not what I want them to do. What I want, is for them to find what suits them best in this world.
If that means that my son or daughter want to go to community college and get a two year degree so that they can work as a dental assistant or as an electrician, then I would be thrilled for them. If my son wants to be the best plumber in town, I would be very proud of him, because he was putting his best effort into it. I’m teaching my children that life is not about a college degree and managing people beneath you because your skill set is higher.
It’s about doing a job that makes you happy, earning a decent paycheck that pays the bills and living the rest of your life in an honest and fulfilling way.
If they want to go to a four year university, I will support them completely and celebrate with them when they graduate. But that has never been the ultimate goal. My duty has been to help them find out who they are so that they can reach any goal that they desire.
And I’ll just take that stapler........
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