unemployement in america
@serveandcollect (33)
United States
December 9, 2008 9:33pm CST
I was reading through some of the news and found something very disturbing. I will start off with saying the company i work for just sent out an email yestarday stating it will be cutting four thousand jobs within the next several weeks. For the record i was laid off with four thousand workers that they laid of back in october. Was re-hired a month later in a different deparment just to be there for three weeks to find out they are going to be laying people off again. these are the stats from the artical that i read today. Last month was a brutal month for the job market. employers slashing their payrolls by 533,000 jobs, a figured that sailed above economists expectationts of 320,000 job lost. the labor department also revised its employement numbers for october and september to show an additional 199,000 jobs lost over the two-month period.
there are now 10.3 MILLION americans who are unemployed and looking for work.
how scary is that?
3 people like this
16 responses
@sudalunts (5523)
• United States
10 Dec 08
Something similar happened to me. I was working for a company and was laid off in 2003. I was lucky enough to find another job and worked there for three and a half years. The manager from the other job that I was laid off from called and offered me a position and I accepted. I gave my resignation to the job I was working at and went back to the old company. I worked there for one year and was laid off again in June. I am still unemployed, can not find work and I regret my decision to leave the one job and go back to the company I was laid off from. Hind sight is twenty twenty.
These are truly scary times.
1 person likes this
@serveandcollect (33)
• United States
10 Dec 08
yeah I have already decided if i get laid off i am going to spend some time re-learning web design so i can get some type of income in. I going to self-teach myself so i can have a side job of building websites for people/companies once i am experienced enough. Also have a couple ideas for money making websites that i am going to test out and see what happens. No point in going to school now cause most of the people getting laid off are in corparate america and have college degrees. I feel bad for the people who have houses and own their own business. I am almost looking foward to getting laid off in a way just because i dont want to drag it on just to get laid off in three months from now. i mean they laid me off in october and now in december going to do another lay off. How could you possible send your whole company an email telling them two weeks before christmas that four thousand people are going to be getting laid off in the next several weeks, that sure does make for some happy holiday spending on your friends and family right? I guess its better to know ahead of time rather then after you have spend all your money and then they tell you.
@evien2008 (13)
• Indonesia
10 Dec 08
It is so scary. We faced the same problem here in Jakarta.The goverment received the information that there will be 150.000 employee will be laid of. Most of them from Garment, textile and oil industry.
Hopefully, every thing will be going back as normal as before.
1 person likes this
@rosdimy (3926)
• Malaysia
10 Dec 08
It is scary because America is the biggest consumer/spender in the world. Any massive layoffs in America definitely affect the world, especially countries which depend a lot on exports to the USA. Even though my country has other economic activities, a few factories have scaled down their production levels. So far there are no real layoffs but things may turn for the worse.
Recovering from a global economic meltdown is not going to be easy. Let us pray that those given the task to turn around the economy succeed in doing so.
rosdimy
rosdimy1 person likes this
@idcoder (382)
• India
10 Dec 08
ohh my GOD..it is very very scary..here in INDIA , we also are facing the same problem..many IT companies have shut down and many many employees been kicked off their jobs..we students , who just cleared our graduations with a high percentage of marks are also afraid..some are still at home and some have taken jobs for which they had never wished..
it is very scary..
hope everything is back to normal soon..
thanks a lot..
happy mylotting..
@LaurenInLA (2270)
• United States
10 Dec 08
It is very very scary but I don't think that we've seen the worst of it yet. It seems that every day another company is announcing layoff that number in the thousands. Even with the bailout, the Big 3 will be closing a number of plants and laying off a significant number of people and that doesn't include those that work in industries that supply the automakers. Retail sales are horrible and after Christmas there will probably be significant layoffs of temporary and permanent employees. Not sure where this all ends.
1 person likes this
@lockheart (1405)
• Philippines
10 Dec 08
i was planning to work in america in the near future or have my on the job training there... but for now its not a good idea because of what happenning to their economy.. thank god my country isnt experiencing it as of now.. i hope it would not!
1 person likes this
@onesiobhan (1327)
• Canada
10 Dec 08
US banks got hit pretty hard with financial losses - they aren't lending money to businesses and so the businesses have had to lay off. That means fewer people with money to invest in banks. It's a vicious cycle.
We're pretty lucky here in Canada, our banks are much more tightly regulated so none of them are in danger of folding. We're still going through a recession though, manufacturing is our biggest market, and so we're getting hit because the US is our biggest customer. Hopefully things will start to come back up again soon, for everybody.
@maple_kisses (2156)
• Philippines
10 Dec 08
[i]First, I would like to say I'm sorry for the sad things that has been happening on your employment. That's just sad and cruel. 
That is very scary to think that United Stated is viewed as a powerful country where milk and honey is abundant. The crisis is felt all around the world (it has been felt for years here in the Philippines) but it's really something when it's felt in a country like the USA.
I was thinking with the election finally over, the looming crisis in the USA will finally be over. But I guess it escalated further huh?
I say every country has its own ups and downs, I just hope USA will be back to its normal abundant state in the near future as we have so many Overseas Filipino Workers there as well...[/i]
That is very scary to think that United Stated is viewed as a powerful country where milk and honey is abundant. The crisis is felt all around the world (it has been felt for years here in the Philippines) but it's really something when it's felt in a country like the USA.
I was thinking with the election finally over, the looming crisis in the USA will finally be over. But I guess it escalated further huh?
I say every country has its own ups and downs, I just hope USA will be back to its normal abundant state in the near future as we have so many Overseas Filipino Workers there as well...[/i]
@singlemommy (2955)
• United States
10 Dec 08
It is very very scary. I know where I work the plant manager was talking to a few of us the other day and said that the company I work for didn't make their expected quota for 2008. Things are very very slow, so I'm expecting a layoff to be coming either right before Christmas or the first part of next year. I was laid off for 3 weeks back in June, so I'm pretty sure I will probably be seeing another lay off soon. Things are going to get a whole lot worse before they even start to get better. The economy just isn't good at all right now. Hopefully change will come soon.
1 person likes this
@RhythmWalker1 (825)
• United States
10 Dec 08
How scary is it? Well, it must not be a problem for
our government officials even though their salary comes
from the taxes of the "working people".
The big wheels that sent the plants over-seas aren't hurting
and don't care about what they have done to the working people
in America.
I noticed that the Ford Company is refusing the bailout and cutting
money off the top-end to keep it's head above water. The rest of them need
to do the same thing. Job cuts are happening with the DOT as we speak!
Hang on to what you got and learn your true wants and needs,
@Chevee (5905)
• United States
10 Dec 08
Scary and True, count me in that number. The company I work for announced in September that they will be closing by the end of the year. The end of the year is here and I have been notified that I will be let go on the 12th of December and today is December 10, I have received my papers to fill and take to the department of labor for processing for me to draw my unemployment compensation, which I can only draw for 26 weeks, there are no jobs around here so what is a person to do?
@serveandcollect (33)
• United States
11 Dec 08
wow sounds like you are off a lot worse then i am. I can get a job at a fast food palce or something if needed. Didnt the government extend unemployement for people since everyone is being laid off?
@aisaellis22 (6445)
• United States
10 Dec 08
Hello serveandcollect! This one is really scary. My husband pettitioned me now to go with him in the US. Now I'm really scared it would be very hard for me to work there. I hope it's not that really worst.
@rajesha20 (209)
• India
11 Dec 08
It is very sad to be reading newspaper now a days where they tell only about the nuber of people sacked from the job if the situation is going to continue god only knows how to save world in this crisis situation but positive mind people make the things to happen like most country cutting their prices on all consumer commodities and hospitatlity sector reducing their tariff makes the world to continue to the positive frame which can turn to good sign with in very short period so people want to look and survive for some short period of time
@majjigadu (13)
• India
10 Dec 08
it was agreat issue done in america.because of softwere did fallen to earth from sky.
even america was produced more jobs to the unempoies.....
because of less people america could give more jobs to that people than remaining countries.america could improve the percentace of employment.
@morningstar369 (495)
• United States
10 Dec 08
Very Scarry for sure. I also read that this recession/depression is supposed to go on for another year and sometime in 2010 things are supposed to begin to turn around. I do not think we are anywhere near seeing the end to the amount of people loosing their jobs. Sever younger people were saying just Sunday that a couple of years ago they could quite a job they didn't like and find another in no time at all. Now if you have a job hold on to it if you can. I lost my home this year due to injury and series of refinances. Now I need to find a home to rent for very little since I now am on SSI which isn't much money at all. Things are extreamly hard for alot of people.
