Oh, and I wanted to let you know for your information gathering...
We took a trip last month to a heavy industrial area in the Tennessee/Kentucky/Virgina area and also the coal mines. We would be willing to relocate and used some savings to make the trip hoping it to be an investment since I couldn’t find a way to apply online.
When we got there, we went to all the plants and factories. Now keep in mind my husband has robotic arms technician licensing and is a certified welder (he went to school for a while after he got laid off realizing manufacturing isn’t here anymore), but there were signs on the buildings that said “Not hiring, please do not inquire”.
It reminded me of those signs during the Depression “No jobs here, keep moving” and I would have cried if the kids weren’t in the car.
Silicon Valley software firm. Laid off 10% staff today; survivors got wacked with 10% pay cut. Q3 was awful; Q4 not much better. 12 hour days many times last 6 months, except yesterday was 15 hours.
The area where I live is littered with many, many closed down and vacant former new car dealerships - big sprawling lots and multi-million dollar showrooms sit empty.
Strip malls are loaded with empty storefronts.
Home prices continue to drop.
Yet city and county politicians continue to push for new taxes and continue to approve more multi-million dollar government boondoggles, even while freezing raises for police, firemen, etc.
Attended the International Motorsports Industry Show here in Indy this week. A trade show for manufacturers of race cars and parts.
http://www.imis-indy.com/page.php?page_id=29
Attendance was robust.
Everybody is worried because sponsorships are withering, but racers are by nature generally optimistic.
I was hoping to not participate, but got stuck right in the middle when I got called into a meeting June 1 and walked out without a job. Due to good severance and a life of no debt besides the house, we weathered the storm well. This week I started a new job 500 miles from home, leaving the family behind. (Anyone want to buy a house)
Job is going well, family seems to be OK this week. We’ll see how th erest goes.
I’ve been a stay at home wife for most of my married life. Dh has worked at the same place for 32 years they make liquior bottles. He so far has not had a cut in hours and they have minimal lay offs and mostly only those who were hired in the past 2 years. We don’t buy as much non needed items other than that we really haven’t changed much.
I’ve been a stay at home wife for most of my married life. Dh has worked at the same place for 32 years they make liquior bottles. He so far has not had a cut in hours and they have minimal lay offs and mostly only those who were hired in the past 2 years. We don’t buy as much non needed items other than that we really haven’t changed much. The are has very high unemployment here is SE Ohio. Our couty is just a tad under 13% unemployed but it is probably closer to 25% or higher because we nevr recovered from what Clinton caused in the 90’s with the clean air act.
Where my husband works they laid off half the people last year right before Christmas. They have only hired back 2. All the administrators took a ten percent pay cut.
Our business was down by 50% but has picked up some the last 2 months. We don't go out to eat as much and we will not spend as much on Christmas.
So many businesses have closed up. Some of them had been around for 20+ years. Empty strip malls, offices, etc. Housing developments that had been started now just sit with no work being done. Downtown is starting to look like a ghost town.
my husbands job was cut by 40%last December.....even the hospitals now are sending people home early....I still lots of shoppers but I also see lots of people going to the warehouse stores or Goodwill...and the dollar store....
jim-doug’s lung went bad on him back in may so’s we had to send timmy into the big city with his fiddle for some cash.
but then timmy went off with the homosexuals and we’re down to our last can of beans.
its bad.