Bloody Monday: 50k laid off today

[ThomasG 5,000+ posts]

Ay my job they just layed off all the white people.(Except me) Thank God I speak Spanish.

However, I just put in a weeks notice at my job to go work for a food processing plant.

 

[pioneerpimp 5,000+ posts]

the unemployment rate is already past 12%. its at about 12.4 percent. this is the discouraged workers and the workers whose benefits already ran out. so its already past 12%. they just base that on people getting paid by online employment right now. read TIME magazine for the source.

 

[duece212 5,000+ posts]

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.

Not to be debbie downer, but what happens when severely underdeveloped nations start industrializing and undercutting the wages Indians, Chinese, etc work for? How fukt are we then, and how long until our wages match theirs or another underdeveloped country joins the game and the fukn continues.

It hasn't always been this way in the past but it appears companies will travel with large amounts of money to help start up pools of slave labor //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

I think alot of us have become accustomed to a lifestyle we will not be able to sustain into the future...I know I have

 

[hoss 5,000+ posts]

Dont know if this thread has been updated, but the figure is closer to 71,000 jobs...

I was layed off myself on friday...

 

[hoss 5,000+ posts]

been drinking heavily since then //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[Rmsanger 10+ year member]

the unemployment rate is already past 12%. its at about 12.4 percent. this is the discouraged workers and the workers whose benefits already ran out. so its already past 12%. they just base that on people getting paid by online employment right now. read TIME magazine for the source.

get that weaksauce out of here with your time article...

Here is the BLS latest release for Dec 08 (7.2%).

http://www.bls.gov/news.release/empsit.nr0.htm

Yes we all know this figure doesn't measure those workers not actively seeking jobs or those underemployed. But it is the benchmark that all economists use.

 

[duece212 5,000+ posts]

been drinking heavily since then //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

this will be how the first few weeks of my unemployment will be spent when it happens //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[jdawg 5,000+ posts]

this will be how the first few weeks of my unemployment will be spent when it happens //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

mine was //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[hoss 5,000+ posts]

this will be how the first few weeks of my unemployment will be spent when it happens //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

This is my third layoff in 2 years...

 

[Beerdrnkr 5,000+ posts]

this will be how the first few weeks of my unemployment will be spent when it happens //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

Lol...My friend from colorado and I were just saying the same thing. He told me to drink busch like I used to back in the days when I was broke. Too bad they don't sell everclear here.

 

[duece212 5,000+ posts]

This is my third layoff in 2 years...

I would be an alcoholic by that point

btw...the current direction of this thread makes me wish I owned a liquor store. They gotta be making money during the hard times

 

[pioneerpimp 5,000+ posts]

get that weaksauce out of here with your time article...
Here is the BLS latest release for Dec 08 (7.2%).

http://www.bls.gov/news.release/empsit.nr0.htm

Yes we all know this figure doesn't measure those workers not actively seeking jobs or those underemployed. But it is the benchmark that all economists use.

well the benchmark theyre using isnt accurately correct.

 

[ngsm13 5,000+ posts]

Buh...

nG

 

[Rmsanger 10+ year member]

Not to be debbie downer, but what happens when severely underdeveloped nations start industrializing and undercutting the wages Indians, Chinese, etc work for? How fukt are we then, and how long until our wages match theirs or another underdeveloped country joins the game and the fukn continues.
It hasn't always been this way in the past but it appears companies will travel with large amounts of money to help start up pools of slave labor //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

I think alot of us have become accustomed to a lifestyle we will not be able to sustain into the future...I know I have

I know this and it's a good thing. Americans will have to take a drop in their standard of living. We will have to adjust our consumption patterns. Essentially working harder and longer for less; ties the American way. Our productivity and ability to drive expertise is areas of demand are what separate us from India and China...

Have you actually worked with any of these individuals? I do on a daily basis as many of my pears are located in China, India, Korea, etc.. They each have their own attributes and technically are stronger/superior to my American colleagues in several ways.

2 weaknesses they haven't overcome yet:

1) Imagination or the ability to think 'outside of the box' as the catchphrase goes. You give them a technical spec to code or a formula matrix to complete and they execute it great. But if you provide no SOP and detailed functional spec they have no ability to solve problems. Hence the creativity and problem solving abilities of my American colleagues are better.

2) Flexibility is not their vocabulary. You give them a new defect or problem and they have a difficult time overcoming the issue without a great amount of assistance.

 

[DaGh0st 5,000+ posts]

This is my third layoff in 2 years...

Pssshhh You are lucky then my shop has already made 3 lay-offs this month.

I have been laid off about 6 or 7 times past 2 years.