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Great Recession Transforms The Workplace["We're In A Very Deep Jobs Crisis..."]
AP Report ^ | September 27, 2009

Posted on 09/27/2009 10:39:33 AM PDT by Steelfish

Great Recession Transforms The Workplace

Most enduring change may be the permanent loss of millions of jobs

Rusty Meador, Development Manager for Plantation Building Corp., arrives on a job site and begins making calls to check on the status of several tasks Thursday in Wilmington, N.C.

Going to work may never be the same again.

The Great Recession has reshaped the American workplace and work force in ways that will last years, if not longer.

The work force is graying as college graduates can't find jobs, young workers get laid off and older workers delay retirement. People in white-collar jobs are feeling increasingly vulnerable to economic downturns, an insecurity that blue-collar workers have known for years.

Perhaps the most enduring change is the permanent loss of millions of jobs across the manufacturing, services and retail sectors.

For textile factories and service sector employers like customer service call centers, the next wave of significant job creation will occur abroad, where labor is cheaper. That trend was under way before the recession and will accelerate, according to labor economists. Americans who would have held these jobs will have to retrain themselves for other jobs, such as assembling microchips and medical devices.

For retailers, growth will be limited by more cautious consumer spending, in part because the days of easy credit are over. That means fewer retail clerks milling about stores around the holidays, and fewer merchandise buyers and other staff jobs at headquarters.

"We're in a very deep jobs crisis, and we're not coming out of it," says William George, professor of management at Harvard Business School. "It's too glib to say that jobs are a lagging indicator" and that hiring will return to normal once the economy does, he says.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: bhoeconomy; globaleconomy; layoffs; third100days
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The article says the 9.7% rate isn't expected to go down to prior 5% levels until 2014!
1 posted on 09/27/2009 10:39:33 AM PDT by Steelfish
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To: Steelfish

Take a look at:

http://www.scribd.com/doc/13267412/The-Kenyan-Candidate-Obama-SetUp-Known-in-Moscow-in-1991-the-First-Time-I-Heard-of-Barack


2 posted on 09/27/2009 10:41:18 AM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: Steelfish
The article says the 9.7% rate isn't expected to go down to prior 5% levels until 2014!

The Bamster and his minions are sadly mistaken if they think the American people are going to wait that long.

3 posted on 09/27/2009 10:41:40 AM PDT by SaveTheChief (Obama lied, America died.)
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To: SaveTheChief; Steelfish

I think you’re right, but at the same time, is there any possible way we could reverse this, even if we got rid of the Kenyan and all his minions tomorrow?

It looks to me like he has done so much fundamental structural damage to our economy, plus bankrupting the national treasury, that I have really been wondering what steps could be taken to repair the monumental havoc that he has wreaked in 8 short months.

What would be some ways of reversing this (if the Kenyan and his minions were carried off by a spaceship during the night)?


4 posted on 09/27/2009 10:48:27 AM PDT by livius
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To: Steelfish
Trying desperately to convince us that this whole thing happened naturally. We know the players now thanks to thier transparency!
5 posted on 09/27/2009 10:49:07 AM PDT by ronnie raygun (We are governed now by educated idiots!)
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To: livius

Fixing the Treasury?

Get China and other investors to accept a loan modification!


6 posted on 09/27/2009 10:50:09 AM PDT by whitedog57
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To: Steelfish

I believe it. Hussein has caused great damage to the US economy by even being elected. There is no effing way you can attract foreign capital to the United States with Hussein, Pelosi and Reid in charge.

The only hope is the GOP dumps RINOs in 2010 primaries and has the moth of all blowouts in 2010 then exposes Obama total involvement with ACORN and indicts him for criminal activitoes.

The only rays of light in the short-term is Leo & Terry in Hawaii and the Kreep/Orly case in front of Judge Carter. I worry Orly will screw it up.


7 posted on 09/27/2009 10:51:14 AM PDT by Frantzie (Do we want ACORN running America's healthcare?)
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To: Steelfish

So two years into a new presidency to bring back down unemployment. I can see that.

If you are a business owner:

1. would the threat of card check cause you to increase or decrease your labor force?

2. would the threat of cap and trade cause you to expand your business or stand pat?

3. would the upcoming expiration of the Bush tax rate cuts cause you to expand your business or be more careful about expanding?

4. would the uncertainty about what is going to happen to health insurance for your workers cause you to increase or decrease your labor force?

5. would the threat of new regulation cause out to expand your business or stand pat?

You can not savage the economy and expect it to grow and hire more people.


8 posted on 09/27/2009 10:51:32 AM PDT by JLS
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To: Steelfish
"college graduates can't find jobs, young workers get laid off and older workers delay retirement"

The productive delay retirement because college graduates and young workers are idiots and unemployable.


9 posted on 09/27/2009 10:51:39 AM PDT by I see my hands (_8(|)
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To: Steelfish

I work in a restaurant. Thankfully our business is stable. Most restaurants in out segment are down 20-40%. The real news is that last year we took about 5 apps a week for Server/Bartenders, mostly from people already in the restaurant industry. Now we take at least 5 a day from people primarily not in the restaurant industry. If they are looking for Server jobs, it means they are discouraged with the opportunities in their previous field.

We are at, or above full employment now. We will probably start letting some of our less productive employees go as we add. Meanwhile, the job seekers just keep coming.


10 posted on 09/27/2009 10:55:48 AM PDT by Republic of Texas (Socialism Always Fails)
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To: Steelfish

Slap tariffs on outsourcing in the amount of unfunded mandates that companies have to pay for usa based employees, and you’ll a big hiring surge.


11 posted on 09/27/2009 10:57:01 AM PDT by StolarStorm
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To: livius
"What would be some ways of reversing this"

May I help?

1. Revise the tax code, cutting all tax rates toa minimum of 10% and a maximum of 25% and doing away with earned tax credit.

2. Eliminate all deductions except for dependants and mortgage interest on mortgages of over $300K.

3. Reinstiture Glass-Steagall and get the investment bankers out of the commercial banking business.

4. Balance the budget with a 20% across the board cut in expenses excepting the military.

5. Do away with/defund completely HUD, Dept.of Education, NEA, NEH, and other useless alphabet agencies. Sell off National Public Radio and National Public Television to the private sector.

That's a start

12 posted on 09/27/2009 10:58:45 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Steelfish

Perhaps we should stop sending American jobs to other countries.

Just a thought...


13 posted on 09/27/2009 10:59:28 AM PDT by Cringing Negativism Network (PALIN / BECK 2012.)
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To: DontTreadOnMe2009

After reading the material at the link, my reaction is,

“Once upon a time, long,long ago, in a land far,far away, there was a magical kingdom with a King and Queen and a fairy Princess who lived in a magnificent castle near an enchanted forest with a babbling brook.(Babble, babble, babble.)”


14 posted on 09/27/2009 10:59:46 AM PDT by Ed Condon (Wanted, newer tag line in good condition.)
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To: JLS

Very insightful and spot on questions. The only “flaw” in them is that they are based on common sense and immersion in the real world. Obama, Pelosi, the czars, Congress...these are people who for the most part have never held jobs that required results, much less run their own businesses. To make it worse, they were hatched in the public sector, where those in charge of hiring and policy making would not be troubled in the least by your questions, because they have what they believe is a limitless money stream.

I wonder if your questions even occurred to any of the policy makers in the White House, and if they did, how many seconds it took them to either dismiss them outright or find ‘social justice’ in stressing business owners.


15 posted on 09/27/2009 10:59:56 AM PDT by LostInBayport (The magnetic strip on the back of the Race Card is worn out from overuse.)
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To: Steelfish

Kids today better go after engineering skills. The day of the libtard art major is over.


16 posted on 09/27/2009 11:02:00 AM PDT by eyedigress
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To: Steelfish

OK. I’ll post the economy tracker I found last night again.

It’s CNN. Sorry ‘bout that. But it’s interactive.

Jobs, unemployment, foreclosures, by state and month:

http://www.cnn.com/SPECIALS/2009/map.economy/index.html

Take a gander at manufacturing jobs over the last year-1.5 years.....

It’s like the movie “Twister” at the drive-in movie theater. It’s already here. Do we have the courage to use the will and manpower for taking key sectors back, like our forefathers during all those battles in WWII, Nam, Korea?


17 posted on 09/27/2009 11:03:13 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: Jimmy Valentine
2. Eliminate all deductions except for dependants and mortgage interest on mortgages of over $300K.

I don't get this one at all.

Why should homes of any price have a mortgage deduction? Heck the stupid deduction is one of the reasons we have people going into severe debt because they think they need the tax break. ... and as for dependents... why the heck should we reward people just so they can pump out kids?
18 posted on 09/27/2009 11:04:50 AM PDT by StolarStorm
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To: eyedigress

Engineers and other technical fields are being outsourced in droves and jobs are very hard to find. People I know with liberal arts degrees are having an easier time finding jobs then the tech folks since they can do soft skill type jobs that can’t be outsourced (like retail).


19 posted on 09/27/2009 11:06:41 AM PDT by StolarStorm
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To: StolarStorm

Exactly.

This is why I now encourage young people to look into the trades. Get to know at least one trade, and preferably two. eg, become a welder and get machining tossed in. Or become a plumber, but know something about the NEC or framing at the same time. Diesel mechanics make good money, but a diesel mech shouldn’t turn up his nose at doing welding and general field repair.

These jobs cannot be outsourced. And they’re going unfilled because too many kids were brainwashed by liberal arts majors posing as “career advisors” that sitting in an office all day, staying nice and clean was the MO for success.


20 posted on 09/27/2009 11:11:40 AM PDT by NVDave
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