70,000+ JOB LOSS TODAY

Replies to This Discussion

Permalink Reply by Stephanie on January 26, 2009 at 10:20pm

I'm waiting and hoping to be laid off. Only hoping because it would lighten the full time school/full time work load-Totally ready for a break. I have no idea how I'd survive or what I'd do though.

I work in the home building industry, which is mega scary! No one is building or buying.

▶ Reply to This

Permalink Reply by JackoStain on January 26, 2009 at 10:23pm

tell me about it my bother own a Construction company and he has not bin getting any business. So he might even close it soon, hopefully not.

Buy Y on earth would you want to get laid off, i think its best to try to balance school and work, i hope you re consider, student loan is not the best thing to deal with.

▶ Reply to This

Permalink Reply by Stephanie on January 26, 2009 at 10:31pm

I've been questioning the stability of my job for the past few years but I doubt I'll go anytime soon,unless they let me go. I think they're going to make me go down with the ship. It may be absolutely horrible, but it could be good, too. I'll be forced to do something else.

Sorry for your brother. I know what you mean though. Our customers keep disappearing.

▶ Reply to This

Permalink Reply by JackoStain on January 26, 2009 at 10:35pm

Well hopefully it don't go and they keep you> and thanks

▶ Reply to This

Permalink Reply by Dawn V on January 26, 2009 at 10:53pm

I just have a part time job right now while I finish my last semester at school, but I am having a really hard time finding a career in my industry. I've applied at sooooo many places, and I just haven't gotten any calls yet.

▶ Reply to This

Permalink Reply by JackoStain on January 26, 2009 at 11:02pm

when i graduated i had the same problem, its not a easy phase in your life.But i want to wish you all the best, hope u get some interviews!

▶ Reply to This

Permalink Reply by jess on January 26, 2009 at 11:06pm

I was deeply saddened when I heard the company I work for (telecom giant) was laying off thousands of workers. Then they told us that our division was doing so well that we wouldn't be laying off anyone -- in fact, we're still hiring -- and that made me feel even worse. That means that thousands of salespeople, marketing people, etc, who may not have the skills to get themselves a fancy job like the ones we have (software development) and have probably been with the company for years are going to be laid off, while our division hires on more people (some of them with bloated salaries). :(

▶ Reply to This

Permalink Reply by JackoStain on January 27, 2009 at 11:36am

i am happy for you

▶ Reply to This

Permalink Reply by David on January 27, 2009 at 12:54am

Stimulus packages, although nice in theory, don't boost the economy. People just use the money to pay off their own personal debts instead of going out and spending the stimulus check shopping. And really, spending that money in all the stores is the only way this financial crisis is going to see a glimmer of hope.

But let's be real, that isn't going to happen anytime soon. Many people are swimming in debt and are more concerned with paying that off before picking up some hot pair of must-have $300 leather boots. Therefore, the economy will get worse before it even BEGINS to get better. That’s Economics 101 for you.

Also, keep in mind that Bush sent out stimulus package checks and it didn't work. Obama can try it too, but it won't work either. Like I said, until people stop using that stimulus package check to pay off personal debts and start spending it shopping, the economy will not feel a boost. Money actually needs to be PUT BACK INTO the economy to boost it and paying off personal debts does not accomplish that task.

▶ Reply to This

Permalink Reply by Andrea on January 27, 2009 at 11:48am

I agree completely. This is the same reason TARP program with the banks didnt work. Instead of using the money (300 B) to help with bad loans the banks used the money to "pad" their business or to buy other smaller struggling banks. The current stimulus package is just repeating the same mistake Bush made, and will but the country further into debt. Putting money in peoples pockets isnt the same as getting the money working in our economy.

There is no quick fix for this. Everything is cyclical and this will work out in time, capitalism will work if we let it.

▶ Reply to This

Permalink Reply by Jennifer W on January 27, 2009 at 11:50am

Many people are swimming in debt and are more concerned with paying that off before picking up some hot pair of must-have $300 leather boots

I, for one, and determined to do my part by buying those boots, and various other high heeled shoes :)

Seriously though - you're right. I truely believe that things are going to get much worse before there is the slightest glimmer of hope. I just can't understand why people continue to think that another round of stimulus checks are the answer.

▶ Reply to This

Permalink Reply by JackoStain on January 27, 2009 at 12:17pm

Did you guys read the package, as far as I understand, there will be no checks issued to people correct me if am wrong, its going to create jobs and that how the money is going to trickle down into normal peoples pocket. He hope it Create or save 2.5 million jobs by 2011.
“It will be a two-year, nationwide effort to jump-start job creation,” Obama said of the plan. “We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels.”
Did you guys know that, the company’s you work for actually more pore tax for you than you pay for yourselves, yes they actually pay 60% and you pay only 40%, so with this plan that he is proposing that will cut business tax, don’t you think that will leave the company with more money to employ a new employees or keep the one they have instead of letting them go.

▶ Reply to This

• ‹ Previous
• 1
• 2
• 3
• …
• 5
• Next ›
• Page