The Unemployment Situation II

[wiegeabo]

Ok, I'm tired of hearing (mostly) nothing but bad news. Let's start using this thread to help too.

My company is hiring like crazy. If you're in California and are in accountancy, finance, or operations, I can refer you to HR for an interview.

 

[Thread Manager]

This is a continuation thread, the old thread is [split]334745[/split]

 

[Lightning Strykez!]

Skynet lurks. New thread time!

 

[Paradoxium]

Obama needs to add 256k jobs per month from now to 2012 election day to return to 2007 levels.

 

[terry78]

It's never going to get back to what it was regardless of who's in the White House at this point.

 

[Paradoxium]

Well mathematically speaking that's what it will take.

 

[8wid]

Well mathematically speaking that's what it will take.

And the only way that is going to happen is if there is a major war. I guess the idea of invading Iran is going to get popular again for you Americans.

 

[enterthemadness]

War does create jobs...but also brings doom to the world overall. Win/lose situation.

 

[Damn Dirty Ape]

Tax exemptions for companies should not be the default. They should only receive them if they keep and expand jobs in America. Why the **** is the American gov't so blind?

 

[Marx]

It's never going to get back to what it was regardless of who's in the White House at this point.

I tend to agree terry.

 

[Marx]

UPDATE: NINE STATES CUTTING UNEMPLOYMENT BENEFITS
http://247wallst.com/2011/08/04/the-nine-states-slashing-unemployment-benefits/

 

[samsnee]

Yeah, we're all screwed, doesn't matter if it's Dem or Rep who is president.

 

[Paradoxium]

Sure it does. One can accelerate the fail time and make more $$$ betting the other way.

t:

 

[Marx]

UPDATE: ONLY 60 PERCENT OF AMERICANS ARE EMPLOYED?
http://money.cnn.com/2011/08/08/news/economy/unemployment_jobs/index.htm?hpt=hp_t2

Good grief...

 

[enterthemadness]

UPDATE: ONLY 60 PERCENT OF AMERICANS ARE EMPLOYED?
http://money.cnn.com/2011/08/08/news/economy/unemployment_jobs/index.htm?hpt=hp_t2

Good grief...

Question. If I work only one day a week, and I'm a indie contractor passing out newspapers...am I counted? Guessing no...

 

[BlackLantern]

also...I think a big part of this mess is that when companies (like my previous job) started cutting staff, they realized they could handle their existing workload with their current staffing

so even when some companies could hire more, they don't

 

[Paradoxium]

I bet there has been a influx of people going back for a degree still. And I bet a good chunk of it are at law schools. Furthermore I bet most of them going to 2nd tier ones which will saddle them with bigger debts with a low paying 30-40k job at best. Since, the high paying gigs are in BIGLAW and from Ivy League schools. And for a sector that adds no real value to society and progress (no offense lawyers, I am not saying it's unnecessary...).

Good to know.

 

[Paradoxium]

I said it before, I say it again. The only way to drastically, immediately and mathematically reduce unemployment is immigration policy.

 

[BlackLantern]

Georgia tried that...and now have fields of crops sitting out in the sun rotting....

 

[wiegeabo]

also...I think a big part of this mess is that when companies (like my previous job) started cutting staff, they realized they could handle their existing workload with their current staffing

so even when some companies could hire more, they don't

Honestly, unless they're expecting some kind of growth, if a company doesn't need more people, they shouldn't hire more, even though they could.

 

[wiegeabo]

Cutting immigration doesn't work if the native workers refuse to do the jobs.

 

[BlackLantern]

Cutting immigration doesn't work if the native workers refuse to do the jobs.

 

[Paradoxium]

Well they better be ready to accept the reality. Lot of entitled ****s need a dose of that. You see that NY Times about the rich wives of the wall streeters now having support groups because they can't go on spending binges? I wanted to vomit.

But that's all I have, it's the most immediate and drastic solution. A moratorium by math.

 

[Paradoxium]

A secondary problem I notice is people with underwater mortgages.

It goes something like this:

John Doe owns an underwater mortgage, he doesn't move for better opportunities since he is stuck there. Had he not been stuck economically, his job would have went to say Sally Sue who is now still unemployed.

 

[BlackLantern]

that ties into people getting loans/mortgages who shouldn't have been getting them in the first place...they get told by society that you NEED to be a homeowner, so you scrimp and save and now you're screwed

and yea, there are a lot of graduates who aren't going to have jobs...2 of my cousins have 4 yr degrees and are working nowhere near the field they thought they would end up in