when will it end ... 533,000 in November

Gixxer · Post by **Gixxer** » Thu Dec 04, 2008 3:31 pm

Jobs cut today = 20,650

cnn.com

Think · Post by **Think** » Thu Dec 04, 2008 3:44 pm

Not for sometime Gixxer.

YARDofSTUF · Post by **YARDofSTUF** » Thu Dec 04, 2008 4:04 pm

RoundEye · Post by **RoundEye** » Thu Dec 04, 2008 4:31 pm

I’ll tell you what, trying to find a decent job in this market sucks.

tr87526 · Post by **tr87526** » Thu Dec 04, 2008 6:51 pm

I'm one of the victims, I hate this. I see plenty of openings but I can not get a reply when I apply.

Looks like I will have to start looking at $10.00 hour jobs

Sava700 · Post by **Sava700** » Thu Dec 04, 2008 7:23 pm

When the company I worked for two years ago closed the doors I had to start all over from the bottom again...sucks but hey I'm in a different field but I'll be patient and just climb the ropes like I did last time. Sometimes its best to take a entry level job to gain experience over a paper saying you can do it.

mountainman · Post by **mountainman** » Thu Dec 04, 2008 8:50 pm

Sava700 wrote:When the company I worked for two years ago closed the doors I had to start all over from the bottom again...sucks but hey I'm in a different field but I'll be patient and just climb the ropes like I did last time. Sometimes its best to take a entry level job to gain experience over a paper saying you can do it.

You can do it!

Gixxer · Post by **Gixxer** » Fri Dec 05, 2008 8:47 am

Breaking News
http://www.cnn.com/#
Employers cut 533,000 jobs in November, the most in 34 years. Unemployment rate rises to 6.7 percent.

http://money.cnn.com/2008/12/05/news/ec ... /index.htm

Sava700 · Post by **Sava700** » Fri Dec 05, 2008 10:47 am

mountainman wrote:You can do it!

Roody · Post by **Roody** » Fri Dec 05, 2008 10:52 am

Obama has got alot of work ahead of him to clean up the mess of the last 8 years.

Leatherneck · Post by **Leatherneck** » Fri Dec 05, 2008 10:55 am

Even though I feel rather secure, I am deeply bothered by those folks that will lose their jobs. It's bothering me more and more each day.

As weird as it may seem, I thank the Lord that people are addicted to TV & Internet!

downhill · Post by **downhill** » Fri Dec 05, 2008 10:57 am

Not only does it get worse but the safety net that used to be in place to help those who lost their jobs or the working poor, was changed under Bill Clinton's term as a way to appease a Republican congress to scratch their backs on bills he wanted passed.

It's estimated that the unemployment rate will hit 8 percent by the end of 2009 and that's not including a failure of the big three.

People who lose their jobs now and fall into poverty may not qualify for public assistance. Other programs designed in part to counter hard times — like job training and housing subsidies — have also been cut back.

http://www.nytimes.com/2008/11/16/weeki ... net&st=cse

Sava700 · Post by **Sava700** » Fri Dec 05, 2008 11:01 am

Roody wrote:Obama has got alot of work ahead of him to clean up the mess of the last 8 years.

That mess was started long before Bush got into office..which was yeah 8years ago. You can't build that jenga tower but so high before it will eventually fall when you run out of blocks to pull and stack. Just keep that in mind.

brembo · Post by **brembo** » Fri Dec 05, 2008 11:04 am

I'm seeing it in my industry, thankfully my firm has been rather fortunate in that our core clients are steady and have structured to weather the crisis. We have work, not as much as normal, but we do have enough work to keep from having to axe anyone....right now. Seeing a trend towards low/middle income housing with low overhead, the kinda homes that go up in a hurry and have a decent profit margin for the builder.

Asheville is not as bizarrely overpriced as some of the bigger cities are(were) so the banks are still playing ball with the builders to an extent. I do know I chase down phone calls a lot quicker now and "customer service" as it were has gotten a few degrees better, more time to go that extra mile for my clients.

downhill · Post by **downhill** » Fri Dec 05, 2008 11:05 am

Sava700 wrote:That mess was started long before Bush got into office..which was yeah 8years ago. You can't build that jenga tower but so high before it will eventually fall when you run out of blocks to pull and stack. Just keep that in mind.

Some was but very little. Most of the problems with no oversight on banks and lending , started in 2002.

Again, this neoconservative idea of no restrictions on capitalism, is a huge failure. Everytime it's tried, it ends up putting this country in a recession or a depression.

Keep propping up Bush. Not that your doing so makes him a better President.

Sava700 · Post by **Sava700** » Fri Dec 05, 2008 11:07 am

downhill wrote:
Keep propping up Bush. Not that your doing so makes him a better President.

Not propping up nobody..but I'm not going to cloud my mind in a such a way to blame his 8years for everything.. again its all about that Jenga game. Have you played? Yeah you can't stack and pull but so much before it crumbles and this game started a long time ago way before Bush or the first Bush got into office.

downhill · Post by **downhill** » Fri Dec 05, 2008 11:10 am

Sava700 wrote:Not propping up nobody..but I'm not going to cloud my mind in a such a way to blame his 8years for everything.. again its all about that Jenga game. Have you played? Yeah you can't stack and pull but so much before it crumbles and this game started a long time ago way before Bush or the first Bush got into office.

Not really.

Roody · Post by **Roody** » Fri Dec 05, 2008 11:13 am

Sava700 wrote:That mess was started long before Bush got into office..which was yeah 8years ago. You can't build that jenga tower but so high before it will eventually fall when you run out of blocks to pull and stack. Just keep that in mind.

Absolutely, but he made it far, far worse with his failed policies.

brembo · Post by **brembo** » Fri Dec 05, 2008 11:13 am

Sava700 wrote:That mess was started long before Bush got into office..which was yeah 8years ago. You can't build that jenga tower but so high before it will eventually fall when you run out of blocks to pull and stack. Just keep that in mind.

Uh, look up some stats on subprime lending and the ways the banks tried to escape the crisis. The big jump was in 2002, when the Fed decided to monkey with interest rates some. This credit driven recession is due in large by decisions made while under the Bush admin. Dunno how dirty GW's hands are in this matter, but it DID occur under his admin.

Sava700 · Post by **Sava700** » Fri Dec 05, 2008 11:16 am

brembo wrote:Uh, look up some stats on subprime lending and the ways the banks tried to escape the crisis. The big jump was in 2002, when the Fed decided to monkey with interest rates some. This credit driven recession is due in large by decisions made while under the Bush admin. Dunno how dirty GW's hands are in this matter, but it DID occur under his admin.

You can blame that on the aftermath of 2001 and what happened during the end of that year. I should know I lost my higher paying position after all that just as many others did...I earned it back but after the economy got stronger which also happened during his admin.

Easto · Post by **Easto** » Fri Dec 05, 2008 1:09 pm

RoundEye wrote:I’ll tell you what, trying to find a decent job in this market sucks.

You're telling me. Me girlfriend has been looking for about 4 months and the only thing she comes across is either min wage or part time without benefits. I'm doing everything I can to try and keep her spirits up.