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Old 09-17-2008, 07:29 AM
 
5,340 posts, read 13,004,479 times
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Quote:
Originally Posted by JamesBoyer View Post
That is what New Jersey has been doing for years. Trading 100K jobs going out of the state, for 25K jobs coming in to the state. Not sustainable.
Exactly. And with that being the trend, employers know that they have the upper hand. As a result salaries in general go down, cost of benefits (if benefits are available) go up, and it's all around bad. It really doesn't help anyone. Oh, except for the guys at the top... but they always come out ahead.
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Old 09-17-2008, 07:59 AM
 
1,340 posts, read 3,448,299 times
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Quote:
Originally Posted by JamesBoyer View Post
That is what New Jersey has been doing for years. Trading 100K jobs going out of the state, for 25K jobs coming in to the state. Not sustainable.
You should know what you are talking about before you make blanket statements that are 100% incorrect.

Study: NJ losing people, but not wealthy ones | AP | 09/16/2008 (broken link)
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Old 09-17-2008, 08:39 AM
 
Location: Savannah GA/Lk Hopatcong NJ
13,144 posts, read 26,091,631 times
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Quote:
Originally Posted by EEEPNJ View Post
You know there are so many issues...the outsourcing of jobs is HUGE! A huge problem in our current economy. Trust me, working in HR I can see that it is a much different job market today. It's MUCH tougher to get a job. And the theory of "you adapt" does not really work because even if some new jobs are created (where????) for every 100 that leave the US there may be 2 created. And those 2 are likely to be lower paying. Trust me, I see it DAILY in my field and with the people applying at my company and from my friends in the field. Things are NOT good.

People always talk about people "bleeding" the system ... we're not talking about that. We're talking about good, decent, hard working people who WANT to work and but the food on the table, but they are being denied the opportunity to do just that. THAT is a sin in my opinion.

I have a friend who is about to get divorced because of the stres the above situation is causing. I'm sure she is not alone. And you know what, divorces ALSO lead to more houses on the market and so continues the cycle.

Just bad lately.
Tell me about it!! I was home yesterday and decided to do some shopping for new bedroom furniture, everything is made in China or Viet Nam..had to do a google search for furniture made in the USA
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Old 09-17-2008, 08:46 AM
 
Location: Stewartsville, NJ
7,577 posts, read 21,018,534 times
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Quote:
Originally Posted by NatasNJ View Post
You should know what you are talking about before you make blanket statements that are 100% incorrect.

Study: NJ losing people, but not wealthy ones | AP | 09/16/2008 (broken link)
I agree... I believe it's the lower middle class who are running away. Seems 350K home buyers are out and about as well as those looking to spend over 500K. The sellers of the 350K homes seem to be the one's leaving for southern States. They are typically the "upgraders" who get the market moving in NJ. Without them..the 500K people are the ones sitting on homes for sale at the moment. And if the 500K people can't sell they can't upgrade either...
We need to keep our working class in NJ if we want to survive and get the ball rolling again.
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Old 09-17-2008, 08:58 AM
 
622 posts, read 2,971,453 times
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Quote:
Originally Posted by todd72173 View Post
Im not a home owner (thank god) and I am still get walloped by things going on in this trash economy.


Isn't this like saying "I don't own stocks (thank god)...", just because price of stocks have went down, doesn't mean you should be happy to not own them. I think the same holds true for a house. Just my opinion I guess. I've heard the sky is falling a few times. Haven't been hit on the head yet, and I'm pretty tall.
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Old 09-17-2008, 09:04 AM
 
Location: New Jersey/Florida
5,644 posts, read 11,233,392 times
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Quote:
Originally Posted by NatasNJ View Post
You should know what you are talking about before you make blanket statements that are 100% incorrect.

Study: NJ losing people, but not wealthy ones | AP | 09/16/2008 (broken link)
I'm glad you posted that from the US census bureau. When people post I and we should take it with a grain of salt. Unfortunately everyone that posts think they are right and others are wrong. Many, many people post without facts. Like the one do you think the housing market is turning around or should I buy stocks now are we at the bottom. NO ONE KNOWS they are just guessing.
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Old 09-17-2008, 09:08 AM
 
Location: NJ
12,284 posts, read 33,052,616 times
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Quote:
Originally Posted by NewJersey? View Post
Isn't this like saying "I don't own stocks (thank god)...", just because price of stocks have went down, doesn't mean you should be happy to not own them. I think the same holds true for a house. Just my opinion I guess. I've heard the sky is falling a few times. Haven't been hit on the head yet, and I'm pretty tall.
yeah, i'm not quite sure why he thanks God he doesn't own a house - there are more people secure in their homes than not, and who have seen appreciation, despite this debacle.
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Old 09-17-2008, 09:17 AM
 
5,340 posts, read 13,004,479 times
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Quote:
Originally Posted by NatasNJ View Post
You should know what you are talking about before you make blanket statements that are 100% incorrect.

Study: NJ losing people, but not wealthy ones | AP | 09/16/2008 (broken link)
Hate to burst your bubble, but this is about people migrating in and out of the state and their earnings. It is not about JOBS leaving the state or JOBS created in the state and what the earnings are for those JOBS.

Statistics are hard to come by for these trends but I'll try to get you some when time allows. But if you really think that high (or even decent) paying jobs are easy to come by in NJ I suggest you talk to HobokenGuy, my neighbor who has been looking for a year, my husband who was looking forever and took a pay cut to HAVE a job, and the increasing legion of those in our state who are on unemployment which does not yet INCLUDE the bunch that will be out of work with the problems all over the front pages THIS week.

There are very few GOOD PAYING jobs CREATED in NJ anymore, but many have been sent away to other states and other countries. When you see bloated stats (which we have not even seen recently) it is typically for SERVICE sector jobs which pay crap.

Again, I'm not professing to be an expert on economics here, but after working in HR for almost 20 years, I do know a thing or two about job trends. I do realize when I'm getting too many applications for $40k jobs from people who were making $90 previously. I do know when we can't place people because the economy is so good that there are no applicants (trust me, we are not there.)

Last edited by EEEPNJ; 09-17-2008 at 09:39 AM..
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Old 09-17-2008, 09:42 AM
 
Location: High Bridge
2,736 posts, read 8,996,435 times
Reputation: 670
Quote:
Originally Posted by tahiti View Post
yeah, i'm not quite sure why he thanks God he doesn't own a house - there are more people secure in their homes than not, and who have seen appreciation, despite this debacle.
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Old 09-17-2008, 10:20 AM
 
1,340 posts, read 3,448,299 times
Reputation: 450
Quote:
Originally Posted by EEEPNJ View Post
Hate to burst your bubble, but this is about people migrating in and out of the state and their earnings. It is not about JOBS leaving the state or JOBS created in the state and what the earnings are for those JOBS.

Statistics are hard to come by for these trends but I'll try to get you some when time allows. But if you really think that high (or even decent) paying jobs are easy to come by in NJ I suggest you talk to HobokenGuy, my neighbor who has been looking for a year, my husband who was looking forever and took a pay cut to HAVE a job, and the increasing legion of those in our state who are on unemployment which does not yet INCLUDE the bunch that will be out of work with the problems all over the front pages THIS week.

There are very few GOOD PAYING jobs CREATED in NJ anymore, but many have been sent away to other states and other countries. When you see bloated stats (which we have not even seen recently) it is typically for SERVICE sector jobs which pay crap.

Again, I'm not professing to be an expert on economics here, but after working in HR for almost 20 years, I do know a thing or two about job trends. I do realize when I'm getting too many applications for $40k jobs from people who were making $90 previously. I do know when we can't place people because the economy is so good that there are no applicants (trust me, we are not there.)
Never stated that NJ is full of WELL paying jobs. I was refuting
a statement by JamesBoyer that was incorrect. It was not meant as a blanket statement or a statistic to encompass everything. Simply to point out that NJ is NOT Trading 100K jobs going out of the state, for 25K jobs coming in to the state. The exact oposite is true. We are maintaining or growing the higher paying jobs and the 25k jobs people are leaving. Thats all.
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