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Sorry to hear about your friend. I hope business picks up for him asap.
American in Japan
2010 Dec 15, 10:56pm
I am sorry to hear about your friend. Job creation is needed--especially good paying jobs. Anyway, I hope he finds work to his satisfaction.
EightBall
2010 Dec 15, 11:08pm
Is that the same cabinet maker that put the dog door in the wrong place? You may need to rethink the situation ;)
Does everyone know someone who's unemployed? I honestly don't know anyone who's unemployed. No friends, families, or colleagues. And we all live in California or Vegas too.
Does everyone know someone who’s unemployed? I honestly don’t know anyone who’s unemployed. No friends, families, or colleagues. And we all live in California or Vegas too.
I went to a birthday party on Thanksgiving weekend. I was reunited with a crowd of friends that I hung out with in my late teens and early 20's. All but 1 was unemployed. The 1 makes next to nothing. One earns money by trading stocks. He doesn't really consider that a job since he's not earning much.
permanent_marker
2010 Dec 16, 5:08am
people used to make a decent middle-class life, now falling off the wagon and depending on food stamps....
real shame! real sad!!
Does everyone know someone who’s unemployed? I honestly don’t know anyone who’s unemployed. No friends, families, or colleagues. And we all live in California or Vegas too.
Wow, that's pretty rare.
A lot depends on a person's age group, how many people they know, what types, etc. I'm in my late 20's and most people my age seem to be either unemployed, in school (delay, delay, delay), or underemployed- especially the last one.
I do know some fully employed people, and not coincidentally, they're also the more ambitious of my friends. But the amount of people in their 20's/early 30's that are unemployed/underemployed/in a shitty job, especially the last two is truly staggering.
pkowen
2010 Dec 16, 6:00am
I recently went to a technology user's group meeting. Fully half (or more) of the attendees were unemployed and looking for work. As a manager with budget authority, I definitely felt 'visible'. Granted, user's groups are a good way for folks to attend an industry function for free, and these meetings could be more effective than a job fair. So, the unemployed attendee base is always there. Still, I had never seen this large a proportion unemployed.
This was in the heart of the 'Silicon Valley'.
EightBall
2010 Dec 16, 6:11am
people used to make a decent middle-class life, now falling off the wagon and depending on food stamps….
real shame! real sad!!
I know quite a few - most of them were in construction and/or real estate. A few of them have refused to go on unemployment or foodstamps and have resorted to odd jobs for a living - just about anything and they seem to make it somehow. One in particular says he's happier this way - I just can't imagine what would if his family runs into any major health issues. I also know a lot of small business owners that have been sweating it for the past few years. It won't last forever - just when everyone thinks it'll never get better it will ;) Probably just in time to get Obama reelected.
pkowen
2010 Dec 16, 7:28am
Don’t worry, Full Cash “Chindiansâ€, and tech workers will bring us out of this downturn. They’ll buy up all the 800k houses in the “prime markets†with their sexy Chindian money.
Yay! Rainbows and puppies!
Don’t worry, Full Cash “Chindiansâ€, and tech workers will bring us out of this downturn. They’ll buy up all the 800k houses in the “prime markets†with their sexy Chindian money
You mean the Rich Bubble Heads from New York!
Mary Meeker, a veteran Wall Street analyst who was one of the first to call internet boom in mid-90s, is leaving Morgan Stanley after 20 years.
Hew new digs are in Silicon Valley with venture-capital firm Kleiner Perkins Caufield & Byers where she will be a partner. The so called “Queen of the Net†told The Wall Street Journal that she’d begin her new job within the next few weeks.
â€I will never forget that,†Meeker told Business Week in a 1999 interview. â€We were on the trading floor when Netscape was trading at 72. Someone turned to me and said ‘Isn’t this exciting?’ and I just looked at him and almost started to cry because now I had to deal with this.â€
72 at the end was a little too rich a valuation like so many other bubbles.
American in Japan
2011 Jan 30, 10:46pm
The jobs may not be that good...
http://finance.yahoo.com/news/Lowwage-jobs-dominated-hiring-cnnm-311581420.html
FortWayne
2011 Jan 30, 11:01pm
I feel bad for your friend. I have a friend too, who lives out in Indiana. He is so broke now that government pays his electricity for which he has to beg every month. Water he gets from the local park, he doesn't have running water. It is really bad.
All while banks record record profits from the bail outs and pay the lowest taxes in capital gains in years. I'm tempted to refuse to pay taxes this year in protest until they fix this ****.
Does everyone know someone who’s unemployed? I honestly don’t know anyone who’s unemployed. No friends, families, or colleagues. And we all live in California or Vegas too.
Me too.
All my employees have jobs. The people who I fired, they don't count because I don't even know them any more.
My maids and gardeners all have jobs.
I met up with a friend yesterday, he's a cabinet maker who was extremely busy during the boom. He's been working steady for the past 20 years - until now.
He said that he is averaging $100/week in work, and just qualified for food stamps. He's a proud man, and since it's very demeaning to apply for food stamps, that means alot. He had to wait in line for hours and be treated like shit by a minimum wage worker. He said that only one of his friends is working full-time, and that's doing lock-outs on foreclosed homes.
We might be in recovery, but not here.