Bloody Monday: 50k laid off today

[Beerdrnkr 5,000+ posts]

My dad works in the oil field and has been unemployed here in colorado for almost 3 months. Low oil prices **** for that industry but I still dig my cheap gas //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
I would die of hunger before I took a job in the oil field in ND in the winter

Lol...Last week I called him and I told him I was freezing because it was only 75 degrees here in San Diego //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

There was a storm that week in North Dakota and he said it was -20.

 

[Beerdrnkr 5,000+ posts]

ya this sucks hard.
i got laid off a month ago from the southwest maintenance dept.

i just found a job last week, as a deli delivery driver.

F*** this economy

I wonder when the anarchy and rioting is going to start //content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif

 

[jonny101abc 10+ year member]

I wonder when the anarchy and rioting is going to start //content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif

Tell me about it

the only thing we have to look forward to in San Diego, is the Weather

 

[shaneb 10+ year member]

i was layed off friday //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

 

[bannock 10+ year member]

Apply at mcdonalds?

 

[duece212 5,000+ posts]

I got a promotion friday :/

 

[jonny101abc 10+ year member]

I got a promotion friday :/

Lucky Bastard!!!

 

[duece212 5,000+ posts]

Lucky Bastard!!!

Actually its just more responsibility, no extra pay, and gains me nothing in job security. Basically I just do more crap now //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

 

[Rmsanger 10+ year member]

I don't think the economy will recover as quickly as that economist thinks it will.

I agree but I'm actually happier in this type of market. I tend to think in the long-run our ability to adjust and recover from recessions/depressions is what makes us the most dynamic economy in the world. By reallocating resources and capital we retool for the next generation of markets/competition.

I can train a monkey to put a bolt on a car or walk someone through a house. Should these low-level jobs be paid a premium above the market rate, I say no. These layoffs are the market's way of redistrubuting labor supply and market demand.

Just to add my future father in law was included in today's catepillar layoffs. He's been with them 20 years as an advanced systems mechanic. He'll catch on somewhere but for the near future it's going to be tough.

 

[jonny101abc 10+ year member]

Actually its just more responsibility, no extra pay, and gains me nothing in job security. Basically I just do more crap now //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

Still, i went from about $25/ hr to $9.50/Hr

like i said F*** THIS ECONOMY

THE COLLAPSE IS IMMINENT

 

[pioneerpimp 5,000+ posts]

meh

 

[duece212 5,000+ posts]

I agree but I'm actually happier in this type of market. I tend to think in the long-run our ability to adjust and recover from recessions/depressions is what makes us the most dynamic economy in the world. By reallocating resources and capital we retool for the next generation of markets/competition.
I can train a monkey to put a bolt on a car or walk someone through a house. Should these low-level jobs be paid a premium above the market rate, I say no. These layoffs are the market's way of redistrubuting labor supply and market demand.

I must be a pessimist, I see the global market supplying the labor for cheaper than our country's people will work for. We are pretty fukt until an equilibrium is reached there...

 

[jonny101abc 10+ year member]

This country is going to merge with Mexico, for the cheap labor, lol!

 

[Beerdrnkr 5,000+ posts]

I agree but I'm actually happier in this type of market. I tend to think in the long-run our ability to adjust and recover from recessions/depressions is what makes us the most dynamic economy in the world. By reallocating resources and capital we retool for the next generation of markets/competition.
I can train a monkey to put a bolt on a car or walk someone through a house. Should these low-level jobs be paid a premium above the market rate, I say no. These layoffs are the market's way of redistrubuting labor supply and market demand.

Just to add my future father in law was included in today's catepillar layoffs. He's been with them 20 years as an advanced systems mechanic. He'll catch on somewhere but for the near future it's going to be tough.

Yeah, labor and demand and blah, blah, blah. Cost of living sure as hell isn't going down. Jobs should pay enough for 1 single person with no children to atleast be able to have a car and pay for a 1 bedroom apartment.

 

[Rmsanger 10+ year member]

I must be a pessimist, I see the global market supplying the labor for cheaper than our country's people will work for. We are pretty fukt until an equilibrium is reached there...

You show us 12%+ National Unemployment you will see that equilibrium reached rather quickly. There is going to be significant downward pressure on wages. Experienced employees are going to be competing against newer/cheaper labor in markets they haven't before.

Yeah, labor and demand and blah, blah, blah. Cost of living sure as hell isn't going down. Jobs should pay enough for 1 single person with no children to atleast be able to have a car and pay for a 1 bedroom apartment.

It will rather quickly; see above post.