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Old 04-04-2012, 12:37 PM
 
Location: NJ
18,665 posts, read 19,975,497 times
Reputation: 7315

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95% of us poor. Get real! Granted,we have gone through a very difficult few years, but that is so over the top, its idiotic.
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Old 04-04-2012, 01:43 PM
 
750 posts, read 1,445,997 times
Reputation: 1165
We heading to a low wage service job market. The BLS reports bare this out 7 out of 10 jobs in the future will be low wage. Home health aid cashier fast food worker you get the idea. The growth of temps and part time workers. That is were the job growth is not good paying jobs with living wages. These are long term tends in the US economy. The sending of jobs overseas their not just low paying ones anymore. We are having structural changes in the economy which will make most of us poor. Global labor arbitrage means our wages must fall even lower. It will happen not overnight maybe the next 15 years. We are now a global economy wages will fall all but for the 5%. Hope I am not right but the greed will kill us. It has to end at some point. Wall Street almost took the whole house of cards down. Only the fed bailing out everyone and their mother saved us. The banks are b*thing about uncle Sam being in their business again. They want to go back to selling worthless paper. And if they get their way. You can bet we will all be poor after the next bubble pops in ten to 15 years. Most likely it will be student loans the next bail out. But never count Wall Street out. They may find some new way to send us down the tubes yet.
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Old 04-04-2012, 02:28 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,201,463 times
Reputation: 2572
When I graduated in 2004 with a degree in Finance, I landed a temp job after over 300 applications and resumes for $10.25 an hour with no benefits.

8 years later, I have a temp job with no benefits making $18 an hour.
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Old 04-04-2012, 02:31 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,201,463 times
Reputation: 2572
Quote:
Originally Posted by andywire View Post
Yes, it does suck to be unemployed, or have a crappy dead end job. What solution do you have to offer though? Communism? Socialism? Shall we start building ghost towns like China to artificially pump up our economy? For better or worse, capitalism still seems to be the best game in town. Now, if you would like to bash crony capitalism, like the road we have been traveling down, I will gladly agree with you there.
Capitalism will ALWAYS end in crony capitalism. Fully competitive free market capitalism can only exist in the infancy of the system, and from a starting point of nothing.
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Old 04-04-2012, 02:33 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,201,463 times
Reputation: 2572
Quote:
Originally Posted by MarysPoppins View Post
But if you stick with a company, you will get increases. You have to show your value to them.
If you stick with a company long enough, they will stab you in the back.
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Old 04-04-2012, 02:39 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,201,463 times
Reputation: 2572
Quote:
Originally Posted by lifeexplorer View Post
I am going to give a complete different perspective.

What you are saying is incorrect. I say that because you have been to interviews. If you hadn't been to any interviews, I might agree with you.

I highly doubt you have good interview skills. A person with good interview skills should be able to get 2 offers out of 3 interviews. You need to seriously examine your interview skills.

Keep in mind, when they call you for interview, you are already 30% there. It is up to you NOT to blow the other 70% away. The company wants to hire you already; otherwise they wouldn't ask you to come for interview. When you come for interview, they are looking for confirmations to HIRE you not to fail you.
Ive been to interviews for companies that cycled dozens of people in for interviews. Ive been on interviews that I clearly was not what they wanted, even though they saw my resume before bringing me in, Ive been on interviews where they actually asked me to apply for another open job they had, Ive been on one interview where they actually told me that they hire internal candidates almost 100% of the time and that they had several of them already and my chances were slim.

Its not always about your interview skills, there are a myriad of factors outside of your interview that could doom you.
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Old 04-04-2012, 04:50 PM
 
750 posts, read 1,445,997 times
Reputation: 1165
Random dude you make some good points.
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Old 04-04-2012, 05:05 PM
 
Location: Santa Ana
1,196 posts, read 2,314,449 times
Reputation: 464
Quote:
Originally Posted by andywire View Post
It's the businesses job's to provide the goods and and services for consumers at the fairest price. If they are a publicly traded company, than they also have an obligation to the shareholders. The employees do not come before all of that in most businesses. In fact, even the CEO does come before those fundamental priorities. They in fact can be fired by the shareholders. This is how business works. Certainly people who do not work for the company, but would like to, do not come before those obligations though.

Yes, it does suck to be unemployed, or have a crappy dead end job. What solution do you have to offer though? Communism? Socialism? Shall we start building ghost towns like China to artificially pump up our economy? For better or worse, capitalism still seems to be the best game in town. Now, if you would like to bash crony capitalism, like the road we have been traveling down, I will gladly agree with you there.

How about looking at what you can do to improve your situation? Companies pay dividends. Save some money and buy some stock so you can enjoy the fruits of capitalism. Or train for jobs that have at least a decent outlook long term. Complaining never was, and never will be an effective method to overcoming your woes. You know the challenges ahead, so use your noggen to overcome them.
i would actually want a crappy, dead-end job, but even they want you to have experience for that
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Old 04-05-2012, 09:28 AM
 
640 posts, read 1,214,967 times
Reputation: 519
Someone needs to push the reset button on this planet.
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Old 04-05-2012, 09:58 AM
 
24,488 posts, read 41,150,886 times
Reputation: 12920
Quote:
Originally Posted by Randomdude View Post
When I graduated in 2004 with a degree in Finance, I landed a temp job after over 300 applications and resumes for $10.25 an hour with no benefits.

8 years later, I have a temp job with no benefits making $18 an hour.
I find it hard to believe that no one in lower Manhattan had offered a more compelling offer over 8 years of time. Is your resume making it out there?
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