We are not even considering them because we know that as soon as the economy turns around, they will leave us to take another job but it's pretty incredible nevertheless. Also, the economy here in New England is actually doing better than most parts of the country. I can only imagine what it must be like elsewhere.
So you're passing up smart, motivated employees with known work ethics because they'll leave when things get better?
That seems incredibly short-sighted. Even if you're right and they leave when the economy picks up, when exactly do you think that's going to happen? It could be another four or five years into the future... or it may not happen at all.
Then they are going to be on the streets...because it isn’t going to turn around - and “hiring managers” will be next. The bottom line is, we aren’t just “in a cycle.” On 11/4/08 all things changed...nothing will be the same again.
I live in a small town in rural Michigan about 1.5 hours north of Detroit. The economic situation here is apocalyptic. I mean literally: The town is unemployed. The grocery store is closed. The hardware has closed. The factories are either closed or obviously in big, big trouble unless things change soon.
I think this 60 minutes represents the real concern for the future that even the most hardened partisans hacks on the 'rat side must feel. The great depression drove America hard to the left. They had hopes this diaster would do the same. Quite the oposite seems to be true.
If I was at the DNC I would consider it absolutely essential - a matter of life and death - that substantial improvement be made in the economy before 2012 that Obama can try to steal the credit for.
“We are not even considering them because we know that as soon as the economy turns around, they will leave us to take another job but it’s pretty incredible nevertheless.”
If I was at the top of your company, I’d question that things will bounce back strongly enough for you to lose their services anytime soon.
And I’d question how your company is stronger without them versus with them.
The people with degrees could also be good prospects for promotions to the next level. You are foregoing talent. What is the average length of employment anyway? Bet it’s short enough that the concern of them leaving in a turnaround doesn’t matter as much as foregoing the immediate talent. What is going to bring the turnaround anyway? A miquetoast like Romney? Hillary beating Obama in the primary and winning the Presidency? We don’t have many outs left as a country . . . and the hard left flopped Aces at the end of the tournament with the reaction against Bush just as Obama won. Betcha Soros is making a killing betting against the dollar.
I don't think it's going to. This working generation is hosed. What is worse, people with educational investments in specialties may not even have the "Lower Class" skills. Their option is to learn welding and lie about their Master's, and still be paying the student loans.
What preparation has an MBA for doing concrete forms?
Seek only the best person for the position, now. For this now, and not for any possible furture you may invent for the candidate.
This economy is not going to turn around. You don't understand. This will likely stop only when our wages are equivalent to the rest of the world's. Say a dollar an hour or so or the equivalent buying power for normal workers. The paradigm you remember is over. At least for decades. I would suggest a bit more charity.
It's attitudes like this that help lead people towards socialism/communism. Companies have no problem firing people during tough times, but it's high treason for people to leave for better jobs during good times. I know that hiring people is tough and not made easier by the government, but you shouldn't help in validating Marx's "immiseration" thesis.
Same here, Sam.
I run a lab that tests computerized equipment for the Government.
Last opening I had, paying in the 40-50K range, I had 126 resumes. There were three retired majors in there, and one retired lieutenant colonel. Amazing!
This was two years ago. We just posted a new (similar) job, we’ll see what we get.
Your company wouldn’t happen to need a programmer would it?
That might be something you want to rethink.
Yes the person probably will not stay in that position for long but they might move up in your company. During the last downturn the company I was with hired a top salesman despite the fact that we were a small local candy company. He liked the job so much that he stayed and the company benefited.
I don’t pay a lot of attention to unemployment figures outside of PA where the official rate is around 9 percent, a little lower in my part of the state.
But the Midwest is where its worse with Michigan in double digit territory officially and so is Nevada at just over 14 percent according to the government.
I saw a moving van in my area from Saginaw, Michigan the other week. Someone getting away from their economic disaster just like people in the Dust Bowl did in the 1930’s.
There’s a big switch towards Republicans in the Midwest states according to the polls.
Oh really? What industry? I'm unemployed, in New England and would love to make 40k-50k a year and I won't leave.
You might want to reconsider - the economy isn't going to turn around. Demographics, currency debasing, and built-in New Deal policies will see to that. That guy might be SO damned grateful he'll work twice as hard.
You might want to hire one or two of these people, they might be grateful to have a job as I was...
My biggest year was mid 150s two years ago. I got laid off a year ago after 20 years in the same company, Instead of searching for a job for 6-10 months, I took a job three months into my layoff period on a loading dock for less then a third of what I made. I have just finally weasled my way back into a job more suited for my career at the same company that gave me the loading dock job. And I am eternally grateful I got the chance to start out again.
Of course now I can’t afford my mortgage anymore, so I’m a deadbeat in many peoples eyes here. After my job went, my wife left me to move into cougerville, so there went that household income as well. I got three kids to feed as a single dad, and I am a single dad...she want’s no contact with them, she only sees the littlest one once in a while. It’s tough out there, but I will make it work....