U.S. Jobs growth jumps after months of weakness

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 10:22 am

http://money.cnn.com/2004/04/02/news/ec ... tm?cnn=yes

Very good news, I can attest to that personally!

Now we just need a report like this day before election and we will have Bush for 4 more years!

blebs · Post by **blebs** » Fri Apr 02, 2004 10:32 am

B.S., sure it's looking better, it's an election year. Let's just see what happens after November. I'm a little tired of little pencil pushing number crunchers sitting around making predictions that don't hold water.

I don't know about the rest of the Country, but Ohio isn't seeing one little bit of recovery of any kind.

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 10:36 am

Originally posted by blebs99
B.S., sure it's looking better, it's an election year. Let's just see what happens after November. I'm a little tired of little pencil pushing number crunchers sitting around making predictions that don't hold water.

I don't know about the rest of the Country, but Ohio isn't seeing one little bit of recovery of any kind.

agreed but dems love to use the numbers against the republicans...so it nice to see the reverse for a change.

myself personally i got one of the best raises ever this year my company is doing superb, best it has been pre 9-11

downhill · Post by **downhill** » Fri Apr 02, 2004 10:47 am

The story is a bit of creative spin, is it not?

Although true, jobs have been added, the unemployment figures are up as well..

And it doesn't take into account, all them folk who have dropped off the unemployment lists..

Also...the economy has lost almost 2 million jobs since Bush took office in January 2001.

Again, 308,000 jobs IS good news, even if it's picking fruit or flipping burgers..

Also...I'd like to point out that 5.7 percent unemployment rate is excellent, it doesn't really show the real picture of unemployment in America.

So imho...the news is....

Spin...

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 10:59 am

Originally posted by downhill
The story is a bit of creative spin, is it not?

Although true, jobs have been added, the unemployment figures are up as well..

And it doesn't take into account, all them folk who have dropped off the unemployment lists..

Also...the economy has lost almost 2 million jobs since Bush took office in January 2001.

Again, 308,000 jobs IS good news, even if it's picking fruit or flipping burgers..

Also...I'd like to point out that 5.7 percent unemployment rate is excellent, it doesn't really show the real picture of unemployment in America.

So imho...the news is....

Spin...

What are you really expecting 1 million jobs created overnight?

Lets be realistic.

The democrats wont be happy if 2 million jobs were even created today...of course they would not be happy because that means an almost gurantee of Bush for 4 more years

Of course the economy lost almost 2 million jobs since 2001...How about recession..and 9-11?

Those two alone cost our country billions of dollars...and recession happened way before Bush took office

BTW the supposed spin has been created by CNN..which IMO is always more bias to the left

SeedOfChaos · Post by **SeedOfChaos** » Fri Apr 02, 2004 11:03 am

Originally posted by Ghosthunter
myself personally i got one of the best raises ever this year my company is doing superb, best it has been pre 9-11

I don't even know which type of company you work for, but I bet that they got such a great result partially due to cost reductions in the HR department.

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 11:04 am

Originally posted by SeedOfChaos
I don't even know which type of company you work for, but I bet that they got such a great result partially due to cost reductions in the HR department.

nto sure what you mean by that?

no we are doing great because our inudstry is doing great, and we also have exapnded our growth

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 11:05 am

Here another article from CNN.COM the spindoctor as you say:

http://money.cnn.com/2004/04/02/pf/manp ... /index.htm

Employers expect to increase hiring

NEW YORK (CNN/Money) - In light of the strongest monthly employment report in four years, a recent survey on hiring expectations seems more resonant.

Prompted by strong demand for their products and services, U.S. employers nationwide say they will soon hire more workers than they have in the past three years.

That's the word from the Employer Outlook Survey by Manpower International, a Milwaukee-based staffing company. The quarterly survey, released March 15, noted that 28 percent of employers expect to hire more workers from April to June.

That's the highest level since the first quarter of 2001 and it's the third consecutive quarter in which U.S. employers have increased hiring.

Moreover, recruiting and hiring efforts will be targeted at job-seekers in all 10 sectors that Manpower tracks. Those fields encompass construction, education, the wholesaile and retail trade, public administration, service jobs, transportation and public utilities, durable and non-durable manufacturing, mining and finance.

"It is clear that demand for their products and services has finally surpassed the capacity and productivity of the current workforce," said Manpower chairman and CEO Jeffrey Joerres in a written statement.

Of some 16,000 employers polled, 28 percent expect to increase hiring from April to June while six percent will cut the number of workers they hire. Most employers -- some 62 percent -- will maintain their current staffing levels. This is the third consecutive quarter that employers reported an uptick in hiring.

Most hiring in the South
Adjusted regionally, employers down South expect to offer job-seekers the most abundant opportunities, with 24 percent planning to hire. The Northeast, which is lagging well behind other regions, will have the fewest opportunities. Only 18 percent of employers plan on adding to their payrolls in coming months.

Hiring will be strongest among construction employers, who have not been as optimistic about adding to their payrolls since 1978. Forty-two percent of construction firms expect to increase hiring in the second quarter of the year.

Makers of durable goods, such as cars and refrigerators, also are bullish about their need for new employees. Thirty-one percent expect to increase hiring.

Meanwhile, manufacturers of non-durable items will also increase staffs, but not as quickly. Only 27 percent expect to hire more workers. Nevertheless, that's the highest level in three years, said Joerres, who called the increased hiring among manufacturers "notable."

Job seekers in the services sector will find more opportunities, too. Three out of 10 employers plan to increase staffing in coming months, with most new jobs being available out West. That's where 36 percent of employers expect to hire more workers - just about 10 percent more than in the Midwest and Northeast expect the fewest job openings.

Jobs in the public sector, which have been cut as governments bridge budget gaps of their own, also should start re-appearing.

downhill · Post by **downhill** » Fri Apr 02, 2004 11:10 am

Your too biased, GH...Dems and Reps would be ecstatic if 2 million jobs were created......This would make most Dems see past some of the out and out lying down by the administration. After all, money talks....bs walks.

Would there be Dems still beating the drum? Of course, but when it comes time to wail...votes count.

When one doesn't have to worry about loosing a home or where the next meal comes from, people just tend to vote with their wallets. That's something we all know you can't disagree with. We've all seen your posts about your money here, dozens of times in black and white.

If you Google the story, you'll see dozens echoing the same thing. All mention pretty much what I outlined above.

Now..in all honesty, don't take me wrong...I'm happy as hell to see growth. I hate to see hungry mouths.

I'm just calling hogwash that everything is peachy...and it's my humble opinion that part of the recession is DUE to Bush economics.

Ghosthunter · Post by **Ghosthunter** » Fri Apr 02, 2004 11:14 am

Originally posted by downhill
Your too biased, GH...Dems and Reps would be ecstatic if 2 million jobs were created......This would make most Dems see past some of the out and out lying down by the administration. After all, money talks....bs walks.

Would there be Dems still beating the drum? Of course, but when it comes time to wail...votes count.

When one doesn't have to worry about loosing a home or where the next meal comes from, people just tend to vote with their wallets. That's something we all know you can't disagree with. We've all seen your posts about your money here, dozens of times in black and white.

If you Google the story, you'll see dozens echoing the same thing. All mention pretty much what I outlined above.

Now..in all honesty, don't take me wrong...I'm happy as hell to see growth. I hate to see hungry mouths.

I'm just calling hogwash that everything is peachy...and it's my humble opinion that part of the recession is DUE to Bush economics.

I call bull that dems politicians be happy....that means they lose power.

Politics is all about power and who is in control.

Trust me all the dems in congress right now are hoping that we dont go up but down, especially Kerry

That is the only chance in hell they have to win the election is if the economy goes south before November...but if it goes up people are happy and will vote for Bush again.

Also I never said anything about it being peachy..we are still recovering but the key is we are doing the best we have since early 2001.

minir · Post by **minir** » Fri Apr 02, 2004 11:18 am

Hi Ghosthunter

If it's Spin, then it's a Nice Spin

When will people drop the Political BS and become enthused that things seem to be turning around for the better. Man i hate Politics, such a waste of energy by always blaming others for problems they did not create in most cases but are doing their best to overcome.

Negativity never solved a Damn Thing imho.

Good for the USA, as it will spillover here as well

regards

minir

SeedOfChaos · Post by **SeedOfChaos** » Fri Apr 02, 2004 12:10 pm

Originally posted by Ghosthunter
nto sure what you mean by that?

no we are doing great because our inudstry is doing great, and we also have exapnded our growth

I had to make it brief because I promised to call a customer back in the evening [shameless plug] on my free time from home (intl. call to a mobile on my charge) because I do care about our customers, if you want this type of service, go buy a Mercedes

[/shameless plug].

Anyway, now I have time to make it more elaborate. What I meant was that it doesn't surprise me at all that quite a number of companies are doing great financially at this point. A good number of companies used the economically weak period (hopefully the worst is behind us by now) as an excuse to cut back on employee benefits, wage, and the number of employees of course.

The company I work for (a daughter company of DaimlerChrysler) cares more about its employees than you'd expect from a multinational corporation, and certainly more than a lot of others. But even for us it meant cutbacks in benefits. That's how they stay profitable in weaker times. The injustice is this: in the economically strong times the companies (or rather, their owners) reap almost all of the rewards which the workforce created, and when times are not so good those same employees have to accept cuts to keep the wallets of the owners filled. Why are things this way? Because money=power.

This is part of my aversion towards inheritance, which I outlined in a different thread recently (I think it was even your thread, anyway it was about globalization and jobs moving overseas because of it). But lemme get back on the actual topic.

Now of course there are a few decent companies who share the success with their employees, and I applaud them for it. I'm generalizing here, so in this post I'm talking about the majority, those that don't. Now while my company was nice enough not to give people the boot in this economically weak period (even though it was in the red!), we did feel it on our benefits. I'm not saying that you cannot compromize what you're offering to the employees at all, but I just think it should be avoided if possible. And I know that too many companies don't consider it possible on principle.

So, I was betting that the company you work for either cut employees, their benefits or their wages. Not necessarily of all employees (usually they start at the bottom... I wonder why...). But the truth is, even most of the more "caring" companies did it for at least certain groups of employees. That's what I meant with "cost reductions in the human resource department". I was betting, because the odds were definately in my favor. If I lost the bet, congrats, you found a really good employer.

My 2c (and TGIF!!!!!!),
Ron

YARDofSTUF · Post by **YARDofSTUF** » Fri Apr 02, 2004 12:33 pm

Well If all this outsourcing crap isnt stopped then somebaody better be creating 300k+ jobss every year to make up for all the jobs we lose.

Brk · Post by **Brk** » Fri Apr 02, 2004 12:39 pm

People need to shut the **** up and realize that job losses happen. It gets better, then it gets bad again. Too many ****ing people freaking out over it, just like over gas prices. Calm the **** down and have a Hot Pocket.

SeedOfChaos · Post by **SeedOfChaos** » Fri Apr 02, 2004 1:10 pm

Originally posted by Burke
Calm the **** down and have a Hot Pocket.

TBH, I think you're the only one who isn't calm in this thread. Are you talking to yourself?

Oh and... "People need to shut the **** up", with all due respect, but why don't you, since you didn't add anything valuable to the discussion like everyone else?

Brk · Post by **Brk** » Fri Apr 02, 2004 5:55 pm

Originally posted by SeedOfChaos
TBH, I think you're the only one who isn't calm in this thread. Are you talking to yourself?

Oh and... "People need to shut the **** up", with all due respect, but why don't you, since you didn't add anything valuable to the discussion like everyone else?

If adding anything "valuable" to a discussion was mandatory, the Gen Forum would be a barren wasteland.

The_Lurker · Post by **The_Lurker** » Fri Apr 02, 2004 9:26 pm

i work in "material handling". you know shipping recieving trucking frieght moving ect. i work with at least a dozen companies personaly, my company works with hundreds ultimately. we have seen buisness getting better and better, busier and busier over the last six-eight months. and all projections are for it to be getting even better.

FedEx is right now pulling airplanes out of mothballs that they had stored for years because of 911 and the drop of buisness, because there buisness is now booming!

lots of naysayers out there, but i am in the middle of it. it's looking good!! we've turned the corner.

knightmare · Post by **knightmare** » Sat Apr 03, 2004 1:41 am

Hillary clinton made an important statement that something would happen in october that would have a huge impact on the election. You may think it's B.S., but she is a 4th level witch. Anyone who knows what that means, will understand. those who don't will ridicule it.

As i said before, bloodlines control an election. John Kerry has a stronger bloodline , in the illuminati bloodlines. He will win. If he doesn't it will be the 1st time in U.S. presidental election history that the bloodline factor hasn't determined the winner.

SeedOfChaos · Post by **SeedOfChaos** » Sat Apr 03, 2004 5:01 am

Originally posted by Burke
If adding anything "valuable" to a discussion was mandatory, the Gen Forum would be a barren wasteland.

True, but usually those people not adding to the discussion aren't telling others to shut up, and not in this type of language.

nepenthe · Post by **nepenthe** » Sat Apr 03, 2004 8:25 am

Originally posted by The_Lurker
i work in "material handling". you know shipping recieving trucking frieght moving ect. i work with at least a dozen companies personaly, my company works with hundreds ultimately. we have seen buisness getting better and better, busier and busier over the last six-eight months. and all projections are for it to be getting even better.

FedEx is right now pulling airplanes out of mothballs that they had stored for years because of 911 and the drop of buisness, because there buisness is now booming!

lots of naysayers out there, but i am in the middle of it. it's looking good!! we've turned the corner.

It is good to hear that your sector, shipping is doing well. Of course, as mail order/online shoppers, no one here should be surprised.

In NJ, all of the major companies, AT&T, P&G, Lucent. Merck, Aventis are still having major layoffs. I will be happy to see this turn around equate to real new jobs, alas it has not happened. So far it seems a promise rather than actuality.

Roody · Post by **Roody** » Sat Apr 03, 2004 9:26 am

Throwing in my own .02 I am very happy to see these numbers. It is sad that such a political spin has to be thrown on it, but that spin does hold some weight. Regardless, hopefully we will see more jobs added in the coming months.

I prefer for all of us to be doing better ASAP.

SeedOfChaos · Post by **SeedOfChaos** » Sat Apr 03, 2004 9:28 am

Originally posted by Roody
I prefer for all of us to be doing better ASAP.

What a pearl of wisdom

. Don't know anyone except a good number of politicians who doesn't agree with it.

Roody · Post by **Roody** » Sat Apr 03, 2004 9:30 am

Originally posted by SeedOfChaos
What a pearl of wisdom . Don't know anyone except a good number of politicians who doesn't agree with it.

Well in all honesty man although they werent talking about jobs, I have heard at least one SG'er on here admit he wants situations with the Iraqi war NOT to be solved until after November. Whether that spreads to the economy or not I dont know, but it wouldn't be a surprise.

SeedOfChaos · Post by **SeedOfChaos** » Sat Apr 03, 2004 10:06 am

Originally posted by Roody
Well in all honesty man although they werent talking about jobs, I have heard at least one SG'er on here admit he wants situations with the Iraqi war NOT to be solved until after November. Whether that spreads to the economy or not I dont know, but it wouldn't be a surprise.

That person either is or will be a politician...

knightmare · Post by **knightmare** » Sat Apr 03, 2004 10:16 am

is it really job growth? Is it service jobs, which we know fly like the wind. Or jobs that produce goods, which in turn trickle down to other jobs. Considering the losses since the Bush-manufactured 911, we are just breaking even, i would say...

Ghosthunter · Post by **Ghosthunter** » Sat Apr 03, 2004 10:19 am

Originally posted by nepenthe
It is good to hear that your sector, shipping is doing well. Of course, as mail order/online shoppers, no one here should be surprised.

In NJ, all of the major companies, AT&T, P&G, Lucent. Merck, Aventis are still having major layoffs. I will be happy to see this turn around equate to real new jobs, alas it has not happened. So far it seems a promise rather than actuality.

I wont deny that.

There are still going to be layoffs espeically for big companies. It use to be in the 80's and 90's working for a big company was much safer then working for a small to medium company, but I feel that is not true anymore.

Big companies are usually the ones who take the biggest hit during a recession.

Some big companies their filed is just not doing good while other fields are doing much better then average. It the way the tide goes.

What my whole point of this thread was to show that while the economy is not what everyone wants to see it at of course, it is stll the best it has been since 2001, pre 9-11, and that is a good sign.

The_Lurker · Post by **The_Lurker** » Sat Apr 03, 2004 10:20 am

Originally posted by knightmare
......."Bush-manufactured 911,......."

I cliky ignore button.

clikity click.

where did that quote come from up there? i don't know anymore.

so much for hogwash.

Ghosthunter · Post by **Ghosthunter** » Sat Apr 03, 2004 10:22 am

Originally posted by SeedOfChaos
I had to make it brief because I promised to call a customer back in the evening [shameless plug] on my free time from home (intl. call to a mobile on my charge) because I do care about our customers, if you want this type of service, go buy a Mercedes [/shameless plug].

Anyway, now I have time to make it more elaborate. What I meant was that it doesn't surprise me at all that quite a number of companies are doing great financially at this point. A good number of companies used the economically weak period (hopefully the worst is behind us by now) as an excuse to cut back on employee benefits, wage, and the number of employees of course.

The company I work for (a daughter company of DaimlerChrysler) cares more about its employees than you'd expect from a multinational corporation, and certainly more than a lot of others. But even for us it meant cutbacks in benefits. That's how they stay profitable in weaker times. The injustice is this: in the economically strong times the companies (or rather, their owners) reap almost all of the rewards which the workforce created, and when times are not so good those same employees have to accept cuts to keep the wallets of the owners filled. Why are things this way? Because money=power.

This is part of my aversion towards inheritance, which I outlined in a different thread recently (I think it was even your thread, anyway it was about globalization and jobs moving overseas because of it). But lemme get back on the actual topic.

Now of course there are a few decent companies who share the success with their employees, and I applaud them for it. I'm generalizing here, so in this post I'm talking about the majority, those that don't. Now while my company was nice enough not to give people the boot in this economically weak period (even though it was in the red!), we did feel it on our benefits. I'm not saying that you cannot compromize what you're offering to the employees at all, but I just think it should be avoided if possible. And I know that too many companies don't consider it possible on principle.

So, I was betting that the company you work for either cut employees, their benefits or their wages. Not necessarily of all employees (usually they start at the bottom... I wonder why...). But the truth is, even most of the more "caring" companies did it for at least certain groups of employees. That's what I meant with "cost reductions in the human resource department". I was betting, because the odds were definately in my favor. If I lost the bet, congrats, you found a really good employer.

My 2c (and TGIF!!!!!!),
Ron

Yes this happens, but I feel it is better for a company to not give raises and maybe take away some benefits and still have a job and tough it out until the economy gets better.

SeedOfChaos · Post by **SeedOfChaos** » Sat Apr 03, 2004 10:40 am

Originally posted by Ghosthunter
Yes this happens, but I feel it is better for a company to not give raises and maybe take away some benefits and still have a job and tough it out until the economy gets better.

I fully agree with you, it's definately better to cut benefits than jobs, and I didn't complain when my company did, because they promised that our jobs would be secure. Now about a year later, it appears that they didn't lie to us. Some temporary contracts were not extended (but I doubt many of those would've been extended even in splendid times...

), but no contract was cancelled, and even new people hired.

I am just saying there are many companies that cut benefits and still lay off people while making records profits, while claiming they need to do those cuts to survive. Why won't they admit their true reason? Greed? I'm not blaming them for greed, the sole purpose of a (large) company, just for finding a poor excuse for it.

Roody · Post by **Roody** » Sat Apr 03, 2004 10:41 am

Originally posted by SeedOfChaos
That person either is or will be a politician...

Problem is I cant remember who said that, it just stuck in my mind because I thought "Man, they really cant stand President Bush"

knightmare · Post by **knightmare** » Sat Apr 03, 2004 11:42 am

thats exactly what they are counting on, ostriches like you to deny anything that you have not been conditioned to accept. Why do you think public schools have mandatory evolution teaching in textbooks, schools that do not comply lose federal & state funding. And their is no evidence to evolution, not even a shred, only loosely supported theories. Yeah, don't bring a bible to school, or pray, or post commandments. But wait, its ok to have a bible and pray in prison. Because you are no longer able to inject truth into society, while in prison. Think out of the box, for a change, if you don't see a leader, become one. Click me, iggy me, go live the illusion Lurker. Create your own holographic life. Worship self. Its all that matters, right?

Originally posted by The_Lurker
I cliky ignore button.

clikity click.

where did that quote come from up there? i don't know anymore.

so much for hogwash.

The_Lurker · Post by **The_Lurker** » Sat Apr 03, 2004 11:55 am

Originally posted by nepenthe
It is good to hear that your sector, shipping is doing well. Of course, as mail order/online shoppers, no one here should be surprised.

In NJ, all of the major companies, AT&T, P&G, Lucent. Merck, Aventis are still having major layoffs. I will be happy to see this turn around equate to real new jobs, alas it has not happened. So far it seems a promise rather than actuality.

it's not just small packages i deal with, i set up major infrastructure for companies, everything from racking, computer system forklifts ect. these aren't the type of things companies invest in just to move simple packages. this is for moving freight, and lots of it.

and when big companies start investing major amounts of money to upgrade or increase there infrastucture it means something.

as far as the layoffs, are the going over seas or just going somewhere other than NJ? god knows lots of tech and high skill companies have left Calif. for other states like Nevada and Oregon where the tax xtructure is much more freindly. it's not very buisness friendly here in Ca. but material hadling is a must.....we gots a big coastline for lots O' ships.

and as far as the future of most telcos, your going to see the major ones decline. with the advent of cell, Voip and other alternatives, there is a dwindling need for big telcos.

the same thing happend when the Jpanese where "taking over" oh dear they were buying our land, out producing us on and on.....
and when the textile were sorted, and the automotive industry, and on...

edit

boy when i try to type fast, spelling goes out the window...LOL. i'm just going to leave the mispellings....chuckles

downhill · Post by **downhill** » Sat Apr 03, 2004 12:14 pm

Originally posted by The_Lurker

edit

boy when i try to type fast, spelling goes out the window...LOL. i'm just going to leave the mispellings....chuckles

If your using IE...try ieSpell

You shouild check out Oregon's tax rates...you may retract part of your statement.

The_Lurker · Post by **The_Lurker** » Sat Apr 03, 2004 12:21 pm

Originally posted by downhill
If your using IE...try ieSpell

You shouild check out Oregon's tax rates...you may retract part of your statement.

thanxs fro teh link....i knedde it.

LOL

oh, and Oregons taxes look great when you compair it to Ca.

not only state, but the county takes there slice and then the freeken city! it's rediculous. and lets not forget workers comp... it's through the roof!

downhill · Post by **downhill** » Sat Apr 03, 2004 12:31 pm

If it's so bad there, why do you still live there?

I've done comparisions but in truth, it's been a while.

No problem though, Arnold is going to fix it. You can say goodbye to all them handouts to the poor and infirm...as well as some of your states' better ideas as well as your terrible ideas that cost money for education....

Roads, bridges, some of the beauty that is California, is going to go the wayside as things just don't get cleaned up. State parks are going to be a place that only those with money can enjoy as it will be privatly funded through camp ground and admission costs which will skyrocket...(no big deal as them scum bucket bums who don't work shouldn't be able to enjoy them anyway, as well as those with modest incomes....since they really arn't procuctive members of society..) Ect Ect......

The_Lurker · Post by **The_Lurker** » Sat Apr 03, 2004 12:48 pm

Originally posted by downhill
If it's so bad there, why do you still live there?

I've done comparisions but in truth, it's been a while.

No problem though, Arnold is going to fix it. You can say goodbye to all them handouts to the poor and infirm...as well as some of your states' better ideas as well as your terrible ideas that cost money for education....

Roads, bridges, some of the beauty that is California, is going to go the wayside as things just don't get cleaned up. State parks are going to be a place that only those with money can enjoy as it will be privatly funded through camp ground and admission costs which will skyrocket...(no big deal as them scum bucket bums who don't work shouldn't be able to enjoy them anyway, as well as those with modest incomes....since they really arn't procuctive members of society..) Ect Ect......

oh i do want to leave, that is in the planning stage .but admittantly it will be a few more years i have to put up with it.

whether Arnie will fix it, eh, who knows. he has a extreme liberal state legistlatorship to deal with.

and you make a good point. this state should have been concentrating on upgrading infrastructure so the middle class can work ect long long ago, instead of wasting money doing the eboincs in school and other things like that. the state had a wonderful time taxing all those dot com millionaires, that money paid for a plethora of pork barrel spending. but hey you can't tax income that is no longer there. maybe they can just tax rich people! regardles of there income! yeaaaa, and well watch them move out.
on of the biggest problem is the middle class are leaving this state. look at the groth rate of LasVegas, many many of those people are ex Ca. this state is slowly turning into a two class state. the middle is leaving and the richer are being tax to take care of the poorer and illegals.

oh so much more to it than what i've just typed, i have just scatched the surface.

but the bottom line is i am directly seeing a huge jump in infrastructure investment by major companies. this means something. also, lots of "now Hiring" banners at alot of whearhouses.
whew.

JawZ · Post by **JawZ** » Sat Apr 03, 2004 12:54 pm

Originally posted by SeedOfChaos
I fully agree with you, it's definately better to cut benefits than jobs, and I didn't complain when my company did, because they promised that our jobs would be secure. Now about a year later, it appears that they didn't lie to us. Some temporary contracts were not extended (but I doubt many of those would've been extended even in splendid times... ), but no contract was cancelled, and even new people hired.

I am just saying there are many companies that cut benefits and still lay off people while making records profits, while claiming they need to do those cuts to survive. Why won't they admit their true reason? Greed? I'm not blaming them for greed, the sole purpose of a (large) company, just for finding a poor excuse for it.

Bottom line, don't work for a publicly traded company. Their responsibility is to the shareholders...NOT the employees. Privately held companies for the most part treat their workers better.

The_Lurker · Post by **The_Lurker** » Sat Apr 03, 2004 1:01 pm

Originally posted by UOD
Bottom line, don't work for a publicly traded company. Their responsibility is to the shareholders...NOT the employees. Privately held companies for the most part treat their workers better.

i have worked for a company that went from private owner to public, it was sad watching the decline.

the company i work for now is a family owned nationwide co. world of difference between public traded and private co.

ScottE · Post by **ScottE** » Sat Apr 03, 2004 1:11 pm

I just jumped this morning after years of being perfectly happy standing on my own two feet.

EvilAngel · Post by **EvilAngel** » Sat Apr 03, 2004 1:42 pm

Well after 9/11's tragic events and all the huge corporations falling, anything seems as if it's a plus.

Gateway just went under 2500 jobs lost. In cali over 150 small businesses just went under over that past week. As long as there is competition out there the job availability will fluctuate as well.

I really don't think job growth will excell too much under Bush. When Kerry takes office there will have to be a HUGE shuffling of jobs and money due to Bush's redistibution of funds.