Forbes Public Sector job losses total

125,677

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U.S. Reuters private sector losses total

697,000

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It's getting nasty out there folks.

I'm suprised no one cares to comment on this.  Nearly a million more "documentable" FTE jobs have been slashed and in a short month of the year, and there are untold numbers of part time and/or contract/independant commission only jobs that have gone as well, but aren't documentable.  

How possible does anyone think it will be that we may once again see tent communities popping up?

I know there are people in my city advertising for home shares, opening their large homes for individuals or small families to share in costs.    Here is one Craigslist ad minus contact information.


Quote:

Hello. This is a nice big house and property. Currently only 1 mature single female sharing. I have 4 bedrooms available... You can be a couple, single parent, or even a small family. You need to have references I can verify. Deposit is $300. You help on the utilities as well. There is a separate family and living room and 2 bathrooms in the house. Please call me and we can discuss more details. Near Hwy 39. NO drugs or indoor smokers. Clean living please

But this still requires one to have a job or some source of modest income.

Food for thought.  Think about where you work.  Could you be next?

How bad is it where you live:

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-P.

It's not that that I don't care or I'm oblivious to the reality, it's that I'm trying to stay positive in the face of it all.

:-/

There was a story on last nights news... to prevent the parents home from being foreclosed... all of the adult children moved back home to pitch in with the mortgage and save costs.

It was a little tight but I don't think they minded. It is obviously a tight-knit family to begin with.

I think we're gong to see allot more of this as things get worse... families coming together to weather the storm. In a way maybe this whole nightmare is a good thing... it will force us to rethink our priorities.

I feel sorry for people who don't have family and are left all alone to fend for themselves.

My county has a 7.8% unemployment rate and I don't see it getting better for a few months ... only worse.

with warm regards,
Tony

Yeah, Detroit News headlines read: No Bottom Seen For Auto Sales

While some offer incentives, Ford cut incentives and will simply reduce production 38% in the second quarter to meet actual demand.  GM to produce 34% less.  More unemployed.  Japanese automakers asking their gov for assistance.

Automakers have until March 31st to show they can be viable.






Melissa wrote on Mar 4^th, 2009 at 4:20pm:

I'm trying to stay positive in the face of it all.

Well, the custom car show Autorama is in town Friday.  A collection of great prize winning hot rods!  Entertainment is doing ok I guess, even if this displays "The Way We Were"

4.7% for the Dec 08 stats for my area.  More importantly, it's the lack of open positions at livable wages.  Hiring freezes are everywhere.  

I was called on a sales position for HSBC financial 2 weeks ago.  I wasn't keen on the preditory lending packages they said they were offering, and just this week the they broke the news that they were ending their consumer financial services divisions.  

To think I might have been hired only to have been let go once again.

That was an aditional emotional blow I slimly avoided.

It's a scary time for all. I agree, it's a time for families to come together.

Joe

Things don't look much better here.  They put the local steel mill on hot idle promising to bring everyone back in March, only to lay off an additional 300 in Feb.  No idea when they will be back up and running.  If the steel mill goes, the town where my business is will turn into a ghost town.

I talk to people on the phone everyday where one or both spouses are laid off.  I don't see things improving for the next 18 months to two years.

Guiseppi wrote on Mar 4^th, 2009 at 5:43pm:

It's a scary time for all. I agree, it's a time for families to come together. Joe

I have no other family than the kids that could "come together".  None of the others live in my area.  Out of the 7 of us siblings, only 3 of us speak, and the other 2 are in a bitch fight of their own right now with me right smack dab in the middle and I need no part of their quarrels.
I have enough troubles of my own to deal with.  ::)

But yes..I can see where things could get really rough for alot of people before this economy turns around, and it's going to be a whole different world.

midwestbeth wrote on Mar 4^th, 2009 at 5:52pm:

.................... .................. I don't see things improving for the next 18 months to two years.

I'm afraid to say that I agree. We have not hit bottom yet and the upswing is still 18-24 months away.

My career tanked in January when my whole division was shutdown due to lack of available big loans (Like hundreds of millions big)  At 55 years old, I am for the first time in my life actually concerned about how to make money. It always came pretty easy - I'm really good at some things so there was always someone wanting to pay me. It was always a matter of choosing what gave me the most free time.

Not now.

Last summer, we sold our home at the beach in California and moved to the Austin area which is home for my wife. I readily agreed because we could see some of this mess coming. The one thing that I miscalculated was the massive lack of confidence that this country has for the folks in Washington. Until that changes, we will keep sinking deeper.

Marc

Marc wrote on Mar 4^th, 2009 at 6:23pm:

...the massive lack of confidence that this country has for the folks in Washington.

Pretty much been in decline since 2004, Congress lowest ever for any institution almost a year ago at the time of this article.


Quote:

Confidence in Congress: Lowest Ever for Any U.S. Institution Just 12% of Americans express confidence in Congress Prior to this year's 12% confidence rating for Congress, HMOs had the registered the lowest historical score, of 13% in 2002. The rating for the presidency is just one percentage point above its worst rating of 25% from 2007, while the Supreme Court's rating is its worst. START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or END PRINTPAGE

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Any of us over the age of 40 have out work cut out for us in finding new positions.  It's more cost effective in this economy to hire greens and train them for alot less than someone with experience you have to pay FOR.

We lost a papermill (INternational Paper) in November, over 500 jobs lost, a lot with 30 years or more.  Pilgrim's Pride (chciken processing plant) announced they are shutting down in 10 weeks.  That's 1500 jobs lost just at the plant, not to mention the growers, the suppliers, the feed mills.  We could easily take a multi-million dollar hit just in this are.  Some of the growers (chicken houses) were interviewed and it's sad, one lady was saying that her loan note is $14,000 a month and she will lose everything, the farm, the land, her house.

What's so aggravating about Pilgrims' Pride is that they announced that the reason they were shutting this plant (and I think 2 others) down was to drive up the price of chicken  >:(!

We've got another mill about 45 miles south of us that has filed bankruptcy (Stone Container).  They say they aren't going to close, but somehow I don't believe it.

I have a job today, but my company has instituted a new policy that will almost guarantee that I'll be fired.  Probably going to call a labor attorney tomorrow, just to CMA.

Its just as bad in the UK, just been made redundant after 18 years and have been searching for a new job for 6 weeks, they seem to be making huge cuts in all sectors.
perhaps we need something to make the government dip their fingers into the purse like a good old fashioned world war (sarcastic remark)

And of course, everyone who has lost their jobs have also lost any health insurance. It will be either do without, try to get gov. assistance, or end up filing bankruptcy for medical bills you can't pay. Not to mention prescription costs.

In my little area: Sysco Foods gone, layoffs at Cummins Engine, two of our best restaurants, one super market, several bars and several other smaller restaurants. Extended "vacations" and hundreds of "down-sizings" going. One country nursing home down the chute.

This ain't good.

Charlie

Once again we are reminded of what I call the ripple affect.one plant /business closes and then the businesses that rely on those employees can't make it and close.one by one everyone in the surrounding communities are affected.I can't imagine why people are moving to the us china,thailand and the like are where all the jobs are going.makes me upset every time i pick something in the stores and it's made anywhere but usa.
Spring and summer are coming and live near Seneca lake it's almost time for local farmers to sell their produce great grapes,wines potatoes and such.governor Patterson wants to allow wine sales in grocery stores.There goes our independent liquor stores ad a lot of winery tours to purchase and try local wines. >:(
I hope everyone here is able to move on to a even better job/career.

purpleydog wrote on Mar 4^th, 2009 at 8:26pm:

And of course, everyone who has lost their jobs have also lost any health insurance. It will be either do without, try to get gov. assistance, or end up filing bankruptcy for medical bills you can't pay. Not to mention prescription costs.

Considering the statistics of Clusterheads in the general population, the numbers of our fellow sufferers who are going to be without access to medical care is on a dramatic rise.  

Some who have gone years mis-Dx are going to be without the means to get proper Dx's.  

With the divorce rates, half of the newly or continued unemployed are single, many are single parents.  The only source of income for that household is gone, and many of these children no longer have medical coverage.  

Ripple effect indeed Minnie.  And thank you for your input.