ADP Estimates U.S. Companies Cut Fewer Jobs as Recession Eased
Originally Posted by Baldy' post='921689' date='May 15 2009, 11:06 AM
Isn't the majority of the economy determined by whether or not people spend their money? They're so used to bending news stories and sensationalizing, might as well make things seem better than they are so people start spending money. amirite?
In the mean time, the bum camp down the street from my house is growing pretty rapidly. Each night I see 3-4 fires (it's a large wooded area alongside a major road), and at the intersection nearby I see new people every day (along with the originals who have been there for years, nice guys).
In the mean time, the bum camp down the street from my house is growing pretty rapidly. Each night I see 3-4 fires (it's a large wooded area alongside a major road), and at the intersection nearby I see new people every day (along with the originals who have been there for years, nice guys).
Bum is a hot career these days. I'd say the Obama team is looking to hire several million new bums in the next few years. Pays pretty good too!
As far as I've seen, "recession" really just means it's harder to find work for those with certain sets of skills and damned near impossible for those who were simply riding on the coat tails of the economy's success in the 90s. I hate to say it but there aren't any motivated **********ers that are jobless. We just get new jobs like in any other economy. The only people affected are those happy to settle for a "swell, easy gig" like doing manual labour in a car factory for a fat wage. Can someone please explain what makes screwing in dashboards all day so lucrative?
ok someone explain this:
"U.S. recession likely has passed its peak, but hasn’t ended"
how is that possible when the numbers are HIGHER?
wouldnt that mean the peak hasnt been reached or am I missing a number somewhere?
kevin.
"U.S. recession likely has passed its peak, but hasn’t ended"
how is that possible when the numbers are HIGHER?
wouldnt that mean the peak hasnt been reached or am I missing a number somewhere?
kevin.
Originally Posted by Nateb123' post='921986' date='May 23 2009, 05:33 PM
As far as I've seen, "recession" really just means it's harder to find work for those with certain sets of skills and damned near impossible for those who were simply riding on the coat tails of the economy's success in the 90s. I hate to say it but there aren't any motivated **********ers that are jobless. We just get new jobs like in any other economy. The only people affected are those happy to settle for a "swell, easy gig" like doing manual labour in a car factory for a fat wage. Can someone please explain what makes screwing in dashboards all day so lucrative?
I suppose out in BC its not that far removed from Alberta, where in the last 2 years, any ***** could make 28.00 an hour not showing up for work, and dictating their own job description.
Its really just been a correction here that has allowed employers to finally dictate the job to the employee again.
There has been some large losses in the really big projects in the oil sands, but really, the purge has helped to reset the pay scales for cannon fodder back to a more sane reality. And as those labour costs fall, the big players will take advantage of that when the projects fall back into the original projected costs.
It was just stupid here over the last years. People who didn't know what end of the nail to hit were all full of attitude about how much they were worth, and they could get another job anywhere. Those same people lacked self control and spent like drunken sailors, the repo-depot thanks them for their efforts now..
But those with a decent skill set or who held an even keel during the good times are still doing pretty good... We had tons of so called "tradesman" from out east come here during that time, the people who's name was mud in their province of origin in their respective field. A lot of them have been canned, and have moved back to family out east.
IMHO, there are still some people I deal with who need to be punted for a reality check.
When its overheated, everything in reality is going downward, proper budgeting, control and standards.
Now the City of Calgary is dealing with a few thousand homes that have improper water sealing and construction practices, they are blaming it on the "pace" of the construction and time constraints. The city should shitcan its building inspectors, since they inspected,stamped and approved all these homes..
Its actually pretty decent here now, less traffic in the mornings, the fly by nighters are gone, and those that gave a damn a year ago are still busy every day..
Unfortunately your above assumptions about the recession are not dead on. I just hired three positions. For each position in less than 12 hours I had to remove the posting due to the number of qualified applicants. Several of the applicants thanked me for the interview and commented on how hard it was to get an interview let a lone a job. The three positions I just hired were system administrator, lead programmer, and customer service. The three positions were of varying expertise levels and in all cases I was able to have my pick of several over qualified candidates. I beg to differ that all qualified individuals have opportunities for jobs. It really depends on where you live right now. Some local economies have been destroyed and others are fairing pretty well.
Originally Posted by Amy' post='922012' date='May 24 2009, 11:15 AM
Unfortunately your above assumptions about the recession are not dead on. I just hired three positions. For each position in less than 12 hours I had to remove the posting due to the number of qualified applicants. Several of the applicants thanked me for the interview and commented on how hard it was to get an interview let a lone a job. The three positions I just hired were system administrator, lead programmer, and customer service. The three positions were of varying expertise levels and in all cases I was able to have my pick of several over qualified candidates. I beg to differ that all qualified individuals have opportunities for jobs. It really depends on where you live right now. Some local economies have been destroyed and others are fairing pretty well.
I don't think you are comprehending entirely what was written, qualifications isn't the whole deal,there are tons of qualified deadbeats and hangers on as well... There are people with the same trade ticket as I , that can't even draw how a basic fridge works on paper. Those are the kind out of work, along with the unskilled cannon fodder.. The recession forces those people to retrain to get a job they can do..
And the IT market has been overflooded with people for about 4 years, at least here anyway, even in peak boom, there were still to many IT people..
That attitude that some people that they passed the school so they should get a job in that field , I find is a bit much, the labour market sorts them out over time, or they move around to an economy that is in total desperation, until incompetence chases them out in the downfall..(Calgary)....
Yea what a show.
Sorry Im a thread *******. I poped in first time in a while. Didn't bother to read the thread.
Hope and Change, LOL
So anyway I went to the tea party in DC across from the "white" house on the 15th. We were on the local fox 5 channel and on Hannity that night.
So regarding this current mess. It's not getting any better. Duh.
Sorry Im a thread *******. I poped in first time in a while. Didn't bother to read the thread.
Hope and Change, LOL
So anyway I went to the tea party in DC across from the "white" house on the 15th. We were on the local fox 5 channel and on Hannity that night.
So regarding this current mess. It's not getting any better. Duh.
You got one ******* that thinks money creation will fix it all, you've got another ******* that thinks the answer is voodoo and all you have to do is convince the people that everything is ok and everything will be ok. It's pretty hard to convince someone that just lost 40% of their net worth that it's AOK and guess what here's the worst part about that theory, most of the people that lost their *** are still convinced that the market will recover so they are hanging in there, once it sinks in that they aren't going to see that money back in their 401k, where will consumer confidence be then?????
The media is even more pathetic, dickfors like Kramer telling people lose their life savings cause everything is a ok, not once reporting on reality. They don't have guests who speak the truth on more then once, look at Jim Rogers, not only does the guy deserve airtime, but he deserves their respect and guys like him are either cut off or portrayed as kooks. When the reality is the kooks are the ******* cheerleaders trying to spraypaint dogshit and call it the next hot stock. Bush was right, you can fool some of the people all the time and those are the ones you want to concentrate on.
end rant
The media is even more pathetic, dickfors like Kramer telling people lose their life savings cause everything is a ok, not once reporting on reality. They don't have guests who speak the truth on more then once, look at Jim Rogers, not only does the guy deserve airtime, but he deserves their respect and guys like him are either cut off or portrayed as kooks. When the reality is the kooks are the ******* cheerleaders trying to spraypaint dogshit and call it the next hot stock. Bush was right, you can fool some of the people all the time and those are the ones you want to concentrate on.
end rant
http://www.adpemploymentreport.com/pdf/FIN...rt_April_09.pdf
You want an economic indication? Watch vehicle traffic at rush hour. Seriously.
You want an economic indication? Watch vehicle traffic at rush hour. Seriously.
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