Skip to comments.Strong Factory Growth Boosts Hiring (to highest level in 31 years)
Posted on 06/01/2004 8:51:58 AM PDT by zencat
U.S. manufacturing chugged to a full year of expansion in May, pushing factory hiring to its highest in 31 years, a survey released on Tuesday showed.
We truly are blessed in being a capitalist nation; capitalism being the economic system associated with freedom, an individual right not allowed in heavily socialist systems.
Oil has risen to over $42 today. Not a surprise after the attack on Saudi.
I see you listed Hamilton Sunstrand in your search. Have you tried Lockheed Martin, (plan to hire 10K per year for next six years). You did not say anything about relocation? This is not a time to be skittish about moving for a good job.
oh yeah it sounds like a bunch of cats in heat. LOL!
The excessess of irresponsible Government spending and regulation are what is driving private sector manufacturing investment and employment offshore.
What is that saying: "Even a blind chicken will eventually find some bad news"?
I guess it is something like that.
What would you rant about if you lived in the EU, or particularily Germany?
The Silicon Valley is the current version of the 1980s Mon Valley. Things that boom tend to go bust just as fast. You'll get through it --- if you want to.
We don't know how many anecdotes there are, but clearly many wish they would just go away. Vaporize. Decay. Turn to dust. Melt.
They don't fit the "new order".
Anecdotes like you and me are irrelevant. Undesired detestable spectres, the untouchables.
This can't be right...Willie will have an explanation to quash this crap right now.
If. If words were food. Here's a DONUT.
You're right - not a word about the good news on the economy. But they do have this: (surprise, surprise. NOT)
Job cut plans rise
Announcements by major U.S. firms climbs for second straight month, employment firm says.
June 1, 2004: 10:13 AM EDT
NEW YORK (CNN/Money) - The number of job cuts planned by U.S. employers rose for the second straight month in May as firms announced plans to cut more than 73,000 jobs, an outplacement firm said Tuesday.
U.S. businesses announced 73,368 job cuts in May, up from 72,184 job cuts in April, a gain of 1.6 percent, according to Chicago-based Challenger, Gray & Christmas, which keeps track of monthly job-cut announcements.
May's announcements were 6.9 percent higher than those of May 2003, when 68,623 cuts were announced.
Through the first five months of 2004, employers have announced 408,392 job cuts, an average of 81,678 per month, or about 28 percent lower than the 114,163 pace in the first five months of 2003.
But the 12-month moving average of announcements rose to 89,500 from 89,105 in April, the first gain in the moving average since December.
And the number of job-cut announcements per month remains well above pre-recession levels of about 51,000 per month, CEO John Challenger said in a release.
"Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends," Challenger said.
In 1984, I was working at McDonald's for $3.25/hr. Now I earn about ten times that as a software engineer.
Of coarse my skill set has increased somewhat.
and we watch because it's fun to see
Well, I'm not. I just have a B.S. in Math, the same one that I had working at McD's for 3.25 and hour. Yet somehow I am working as an engineer now. How could this be?
They will all feel like this very soon.
Actually, I havent had any steady work since 99! The telecom company I stared with in 99 collapsed almost in 2001..."
Please don't misunderstand my question, I don't mean to sound unsympathetic but I am curious. If you haven't had steady work since '99 or '01, what have you been doing with your spare time, have you upgraded your skills through continuing education courses or acquired newer, more marketable skills ? Since you received your degree in '93, you are probably a relatively young man so age shouldn't be a factor.
I've known many people who've found it necessary to shift careers after 10, 15, 20 years in their preferred profession. They didn't want to but it was a matter of having to adapt to a changing world and they had families who relied on them. Several found themselves working 2 or 3 jobs and car pooling to make ends meet as they worked their way up again. I wouldn't dare say they enjoyed it but many of them had held down 2 and 3 jobs during college so it was familiar territory.