|
Post by minx on Jul 28, 2018 13:56:23 GMT -5
|
|
|
Post by Dave's Not Here Man on Jul 28, 2018 18:18:41 GMT -5
Welcome to my world. Just sent out a resume to someone the other day for a job that I'm mega qualified for, but because of my age, I seriously doubt I'll hear back from them. In my cover letter I stated that I'm not interested in entry or mid level positions, that I've worked too hard in this industry to achieve a reputation of excellence by which all others are to be measured. Maybe that was arrogant, but 100% true.
|
|
|
Post by minx on Jul 29, 2018 11:10:18 GMT -5
The thing to note here is that every one of the people in this article had been gainfully employed and they all were making ends meet on their own at previous jobs that had paid them for their experience and hard work. With the exception of the first guy (who had a horrible accident), they were all let go for no good reason - they all were excellent employees, got great reviews, ect.
They were then replaced with younger, less experienced workers who would do the job for less. All of the group (except one dude) have had to re-enter the workforce with a job that pays much less than their previous one, and most have no benefits.
THIS is what the 'recovering economy' looks like. And to be completely fair, it's not all Trump, because this happened under Obama as well. If you're lucky, your company has some sort of severance package to keep you going for a few weeks while you get your resume together - I've been laid off three times - sometimes I had a small safety net, but mostly not. I was lucky in two of my jobs, and was actually given some advance notice that my job was leaving, but in one, I was literally told at 5pm that they needed to lay me off.
Each layoff has taken more time to come back from - first time I had a new job right away - early 90's and economy was great Second time took 4 months - 2007, and economy was okay to fair Last time was 2015 - took 6 months, and economy was 'improving well'
Yeah, job numbers are improving, and look great. Perhaps some of the bean-counters who just look at the statistics could dig a little deeper and look at things like salaries and benefits to see what the real impacts are.
Oh and Rally, I'm a little too old to relocate my family to a new town and work in a manufacturing plant, especially as I have not ever worked in manual labor (building or assembling things), and cannot lift anything heavier than 40 pounds (and even that is a stretch). It's great to say that all this manufacturing is coming back, but when you're an un-employed 50yo office manager, it doesn't do a lot to help you.
And that's the issue - it didn't help in the 80's to tell steel workers in Pittsburgh and Bethlehem to just move to where the jobs were and learn excel, and it's not going to help to tell today's office workers to just move to where the jobs are and learn the difference between a sheetrock nail and a bolt.
|
|
|
Post by Dave's Not Here Man on Jul 29, 2018 14:10:18 GMT -5
Actually it started with W, picked up steam with Barry, and will boil over with Cheetolini. Barry was in a tough spot considering the shit storm that was waiting for him when he took office and that was only the leading edge of the storm. When the eye passed over, there was a financial crisis that sent the housing market into unprecedented losses, including during the GD (because of subprime loans and how they were bundled and sold explicitly to fuck over buyers), a 14% unemployment rate, a GOP that had one and only one purpose in life; "to make sure Obama is a one term President", and oh, two wars. So to say he shares responsibility for what has happened to the labor market per your examples would be fair in the sense that when he left, it was not better, although the other indicators were vastly improved when Donald Dick took the baton.
What will probably have to happen to get things back they way they're supposed to be is a re-emergence of unions.
|
|
|
Post by minx on Jul 30, 2018 8:07:25 GMT -5
Dream on - the subprime mortgage crisis is now being replaced by risky loans to small and medium sized businesses who may or may not be able to repay them.
Clearly no one has learned anything about the danger of junk debt, but it's okay because unemployment is at 4.1%, so who cares?
|
|
|
Post by bobathon on Jul 30, 2018 9:19:51 GMT -5
At least some debt you can slough off via bankruptcy, but not student loans.
|
|
|
Post by k9krap on Jul 30, 2018 16:05:51 GMT -5
As soon as I became eligible for retirement (30 years of service), they started pushing me out. I was miserable and finally said fuck it after 5 years of it.
|
|