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12-16-2008, 11:04 PM
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Moderator
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Join Date: Mar 2006
Location: So. Dak.
13,092 posts, read 9,006,044 times
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Trail King, one of largest employers in city, sends home 42 workers; other layoffs reported |* The Daily Republic *| Mitchell, South Dakota
Ok, call me doom and gloom, but things aren't getting better here. There have been several places that have done cutbacks in hours and now lay-offs are beginning. What an awful time of year for this to happen!  SO, if anyone plans on relocating in this area, wait until springtime. Hopefully things will improve.
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The Rushmore State, Oklahoma, and Weather
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12-17-2008, 09:17 AM
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Proud cancer survivor
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Join Date: Sep 2008
2,218 posts, read 813,437 times
Reputation: 1242
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Things are going to get worse before they get better. Things didn't tank overnight and things will not fix themselves over night either.
The economy tends to run in cycles times of growth and times of loss.
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12-17-2008, 01:05 PM
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On the misty plateau
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Join Date: Apr 2007
Location: Merrimack Valley, NH
6,776 posts, read 4,752,641 times
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42 states are running budget deficits right now.
The other 8 states that were running surpluses had a greater reliance on energy industries that did well in this bubble period that just ended.
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12-17-2008, 01:58 PM
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Moderator
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Join Date: Mar 2006
Location: So. Dak.
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Quote:
Originally Posted by GraniteStater
42 states are running budget deficits right now.
The other 8 states that were running surpluses had a greater reliance on energy industries that did well in this bubble period that just ended.
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Oh my!!! It's up to 42 now? The latest I'd heard was 38 and I couldn't believe it. Our state has one more year of money and then I don't know what we're going to do. Hopefully they'll find some way to keep us going without having to look to the federal govt. for more money.
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The Rushmore State, Oklahoma, and Weather
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12-17-2008, 06:59 PM
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Livin' The Dream...
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Join Date: Oct 2006
Location: Sioux Falls, South Dakota
2,266 posts, read 1,032,899 times
Reputation: 1136
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Quote:
Originally Posted by Jammie
Oh my!!! It's up to 42 now? The latest I'd heard was 38 and I couldn't believe it. Our state has one more year of money and then I don't know what we're going to do. Hopefully they'll find some way to keep us going without having to look to the federal govt. for more money.
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I remember reading/hearing about our neighbors to east... Minnesota expects to have a deficit in the billions! |
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12-17-2008, 08:24 PM
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Glad to be home!
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Join Date: Apr 2008
Location: Cowtown, SD
871 posts, read 297,714 times
Reputation: 579
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This is getting scarier and scarier, and I wanted so badly to be able to find a job out there soon!
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12-17-2008, 08:36 PM
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Moderator
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Join Date: Mar 2006
Location: So. Dak.
13,092 posts, read 9,006,044 times
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Quote:
Originally Posted by no8fann
This is getting scarier and scarier, and I wanted so badly to be able to find a job out there soon!
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Well, on the evening news (Kelo), the Gov. said that our state is NOT in a recession. I'd like to believe him and I HOPE he knows what he's talking about, but I remember all too well months that went by that the federal govt. kept telling us this isn't a recession.  Then they said we are in one and have been in one for months. 
Things may start turning around by springtime.
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The Rushmore State, Oklahoma, and Weather
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12-17-2008, 08:52 PM
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Glad to be home!
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Join Date: Apr 2008
Location: Cowtown, SD
871 posts, read 297,714 times
Reputation: 579
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Quote:
Originally Posted by Jammie
Well, on the evening news (Kelo), the Gov. said that our state is NOT in a recession. I'd like to believe him and I HOPE he knows what he's talking about, but I remember all too well months that went by that the federal govt. kept telling us this isn't a recession. Then they said we are in one and have been in one for months.
Things may start turning around by springtime. |
I hope so! I just wish the state would lift the hiring freeze, so I could continue my interview that they so rudely interrupted! |
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12-18-2008, 10:21 PM
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Moderator
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Join Date: Mar 2006
Location: So. Dak.
13,092 posts, read 9,006,044 times
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Quote:
Originally Posted by no8fann
I hope so! I just wish the state would lift the hiring freeze, so I could continue my interview that they so rudely interrupted! |
I'm sorry. I didn't realize that a hiring freeze was what the problem was. All we can do is hope that things turn around, but I stand by my belief that we could also be hit with the recession. More bad news today.
News, Weather and Sports for Sioux Falls, South Dakota, Minnesota and Iowa
There's also a news story on Kelo that talks about 47 (I think) people getting laid off at the casino in Flandreau. They said it had nothing to do with the recession, but more to do with new automation. I dunno~likely story.
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The Rushmore State, Oklahoma, and Weather
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12-18-2008, 10:48 PM
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Livin' The Dream...
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Join Date: Oct 2006
Location: Sioux Falls, South Dakota
2,266 posts, read 1,032,899 times
Reputation: 1136
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Quote:
Originally Posted by no8fann
I hope so! I just wish the state would lift the hiring freeze, so I could continue my interview that they so rudely interrupted! |
Sorry no8fann! That's really too bad .
Did they interrupt your interview with this news?? |
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