Whisperings of Job Loss

I work at a University here in Canada. Every year I see 10-18000 students graduating with $20-$70000 of debt. You ask them what they are going to do with their degree and they have no clue. Four years of schooling and they are applying for jobs at Walmart!!
I spoke with a Mech. Engineering student before Christmas who is working on his phd he says he is unemployable. He is over qualified for most jobs and because he is so specialized, jobs he is qualified for are few and far between.
As for my job I am scared every day I go into work. The week before Christmas there was dismissals all across campus. Well timed!!!
I have friends that have not had a full time job in almost 4 years. only part time or contract work.
There is no such thing as full time jobs anymore.

My better halves brother just graduated with a 4 year and guess what he has not even started looking for jobs. What the heck are kids thinking today. I laughed and said to him hunger is a good motivator.



Sad part is I don't even think hunger and shelter could get him moving. I bet he moves back home to leech off his parents. This generation coming into it's own are a bunch of apathetic leeches.

Originally posted by SubTruth
My better halves brother just graduated with a 4 year and guess what he has not even started looking for jobs. What the heck are kids thinking today. I laughed and said to him hunger is a good motivator.



Sad part is I don't even think hunger and shelter could get him moving. I bet he moves back home to leech off his parents. This generation coming into it's own are a bunch of apathetic leeches.

What a bunch of sanctimonious cowards. Big talk from a member of the traitor generation. What jobs weren't sent oversea's, immigrants from alien cultures where brought to fill in the void. Heck look at how the banks make sure only women and minorities can get loans to start businesses. Plus the sheer destruction of wealth from the "promiscuous" generation of adulterous divorcees.

Originally posted by sconner755
reply to post by ValentineWiggin

 

The economy is already terrible.

Many of the burdensome aspects of Obamacare are around the corner.

The US just elected a socialist-leaning President, and we're facing the fiscal cliff, or a solution that is based on raising taxes.

So is there one reason NOT to expect job losses?

Plenty of reasons not to expect job losses (at least, not "net" job losses - there's always jobs cut and jobs created obviously.)

1) The economy is NOT terrible, in fact, in many measures, we bottomed out about a year ago after about 3 years of slowing down the tumble that started late in 2008. Very few people (and fewer among those who understand macro-economics) thought we would come this far just 4 years after the collapse. The economy continues to grow - the only real major threat on the horizon being staying ahead of inflation. Most real economists (meaning not the ones who are little more than right or left-wing drones) believe the recovery will continue slowly for some time, but will eventually begin a rapid rise. That's the point where the "Federal" Reserve needs to be ahead of the game by 3-6 months to keep the economy from overheating.

2) burdensome aspects of Obamacare? Are you referring to the tax breaks for small businesses who contribute to employee health insurance? Since most small businesses in the US won't be required to provide coverage, only those who will, or already choose to do so will see tax benefits of doing so. Those who don't will notice no change. Very few successful businesses with more than 50 employees don't offer employee health coverage already - they stand to gain as well. So what are these alleged burdensom aspects? (for real, not just the fantasy stuff we've been seeing in forwarded emails.)

3) when did the US elect a socialist-leaning president? I mean, I'd you mean compared to a fascist-leaning president, then maybe, but even then, no. Obama is more center-right than those who don't actually understand politics would ever grasp.

The economy is building strength. There is no dollar collapse imminent. There is no $5,000/oz gold right around the corner. Those are all just lies meant to stir up fear and cause suckers to invest poorly. Why do you think the BIG investors have been continuing to build up their investment in the US, which had been moving overseas during the 2000's? Is it because, for the first time, they're all wrong? Or could it be, as always, that right-wing mouthpieces are still talking in opposites, and their lemmings and buying it, like a hungry fish, hook, line, and sinker?

I dunno.. what i do know is that I was just hired full-time for a job for the first time in over 5 years after being laid off by the federal government :p so maybe they are right maybe they are wrong but today i'm grateful that when I pass my 90 day probation period I have benefits again and a job .. along with sick leave, vacation, etc .. all the perks I haven't seen or had in YEARS...

reply to post by Wrabbit2000


Ahh. Yeah that would definitely explain the difference in what we're both seeing.

The X, Y, and Z generations are in a really tough spot and it's surprising that so many are so clueless about what's been done to them, and thus, have no hope of working toward a decent life.

There's something seriously wrong, an unspecified misery, but little to no insight about it from the people most effected except an increasing suspicion of being screwed.

So maybe a few would be better off if they started threads on ATS asking the old folks "what's wrong with me? and "how do I get myself out of this jam?" Topics that might be helpful if only you could bring yourselves to hear the comments.

The truth is that your PP attitudes are killing you and without a sense of history you're lost, every one of you, so maybe better to begin by admitting that, and accepting that you're not nearly as smart as you try to convince everybody that you are... and it shows.

The Truth hurts but it also sets you free, Consider that you were raised poorly and not even remotely educated. It's foolish to expect help from people that damaged you so severely, all of them were/are losers, so use ATS or other resources to ask some winners for advice.

Learn to ask the right questions and be willing to follow good advice... maybe you can become a one-eyed man in the land of the blind.

The company I work for (second job, part time) is cutting everyone's hours back to part time. They have for years only had employees statuses as part time, temporary, even if you did work 40 hours. But now there is a limit on hours, mainly so they don't have to provide benefits under Obama care. However, it makes his unemployment numbers look good because the company is hiring more people. If any intelligent person looked, they would more jobs, but all part time and not letting people work over 29 hours a week. Of course you just have more bodies working less hours saving the employers money and not having to provide any benefits.

Makes sense for the employees but screws the employees and now they are having to find secondary employment to make up for the hours and money lost.

Pretty much, we're getting screwed and it's gonna get worse.


Posted Via ATS Mobile: m.abovetopsecret.com

People are going to create the reality they see. If you think there is no hope, then for you there will be no hope. For those of you who are looking for a job, stop being a worker and be a boss and create your own job. There is a lot of money out there to be made. Don't let anyone tell you, you can't do something because of the economy or some other lame excuse, if you want it bad enough, find a way to get it. If there is one thing I learned over these last four years is that rich people don't care what the gov does, it doesn't matter to them, they are still are going to find ways to make money. So stop looking for a handout in the form of a job and be your own boss. WHAT DO YOU HAVE TO LOSS?

Being 25 years old and trying to find a job these days is definitely not an easy thing. I've been Unemployed since I was honorably discharged from the Navy in March. I can type, I can register, I can use programs like excel, I am a good auto mechanic, I am a good carpenter, and have lots of experience with technology and fiber optics from my years as a Sonar Technician in the Navy, and I'm good with people. The only places I have yet to try are the fast food joints, and Wal-Mart.

Luckily, I just read on washingtonpost.com that the fiscal cliff deal was signed and I won't lose my unemployment benefits yet, so that will keep me going at least. But, it looks like I'm gonna have to re-take the SAT that I just breezed through 8 years ago with no intention of going to college. At least I still have the G.I. bill. But, it's looking like having a degree won't help much, hopefully it will by the time I have one.

I don't know who's at fault, well we all know the Govt. is at fault, but I couldn't tell you which part. All I know is I'm about to trade my car in on a truck so I can start junking Iron and other metals to keep me housed and fed. So, at least I have that.

Originally posted by dogstar23

Originally posted by sconner755
reply to post by ValentineWiggin

 

The economy is already terrible.

Many of the burdensome aspects of Obamacare are around the corner.

The US just elected a socialist-leaning President, and we're facing the fiscal cliff, or a solution that is based on raising taxes.

So is there one reason NOT to expect job losses?

Plenty of reasons not to expect job losses (at least, not "net" job losses - there's always jobs cut and jobs created obviously.)

1) The economy is NOT terrible, in fact, in many measures, we bottomed out about a year ago after about 3 years of slowing down the tumble that started late in 2008. Very few people (and fewer among those who understand macro-economics) thought we would come this far just 4 years after the collapse. The economy continues to grow - the only real major threat on the horizon being staying ahead of inflation. Most real economists (meaning not the ones who are little more than right or left-wing drones) believe the recovery will continue slowly for some time, but will eventually begin a rapid rise. That's the point where the "Federal" Reserve needs to be ahead of the game by 3-6 months to keep the economy from overheating.

2) burdensome aspects of Obamacare? Are you referring to the tax breaks for small businesses who contribute to employee health insurance? Since most small businesses in the US won't be required to provide coverage, only those who will, or already choose to do so will see tax benefits of doing so. Those who don't will notice no change. Very few successful businesses with more than 50 employees don't offer employee health coverage already - they stand to gain as well. So what are these alleged burdensom aspects? (for real, not just the fantasy stuff we've been seeing in forwarded emails.)

3) when did the US elect a socialist-leaning president? I mean, I'd you mean compared to a fascist-leaning president, then maybe, but even then, no. Obama is more center-right than those who don't actually understand politics would ever grasp.

The economy is building strength. There is no dollar collapse imminent. There is no $5,000/oz gold right around the corner. Those are all just lies meant to stir up fear and cause suckers to invest poorly. Why do you think the BIG investors have been continuing to build up their investment in the US, which had been moving overseas during the 2000's? Is it because, for the first time, they're all wrong? Or could it be, as always, that right-wing mouthpieces are still talking in opposites, and their lemmings and buying it, like a hungry fish, hook, line, and sinker?

your so misinformed. The Economy is not building strength. The stock market is up, but thats because the FED is pumping it up with printed cash.

Unemployment is not falling. The government is counting less people to skew the numbers. Did you know they count unemployment by calling people and taking polls. If they want a true unemployment number then why don’t they just looking into their payroll tax numbers to see the participation rate? They won’t because the true number would scare you. The true Unemployment is around 20%.

There are now 11 states that have more depending people on government handouts then those who pay into the system. WOW, lets see how long that lasts.

Take a look at the Baltic dry index, number of goods shipped abroad, it’s at historic lows and bouncing along the bottom. Low trade numbers does not equal recovery.

This stupid Obama care nearly doubled my monthly payment cost in the last 3 years! This year I’ll see a 40% increase! Yeah, real affordable there. What a flipping joke!

I dont know how you can Honestly say the economy is doing better. We are printing trillions of dollars in cash to buy toxic assets to prop up bankrupt monster banks. Don’t let Obama fool you. He’s in bed with the big bankers. Face reality. He doesn’t care about you. If Obama wasn’t for the big banks then why has he not stopped the purchasing of mortgage backed securities in the amount of 45 billion PRINTED dollars each MONTH!!! The 45 billion dollars cash is going to the 6 "to big to fail" banks each month to prop them up. Hes proping up wall street, not main street.

reply to post by camaro68ss


ok first off it's spelled misinformation. wow... and i'm going to need to see some sources for all the hokie pookie business you just stated. thank you.

Originally posted by gnosticagnostic
reply to post by camaro68ss

 

ok first off it's spelled misinformation. wow... and i'm going to need to see some sources for all the hokie pookie business you just stated. thank you.

Thanks for the correction

Unemployment based on 60,000 house hold surveys monthly
www.bls.gov...


Baltic dry index
investmenttools.com...

11 states with more takers then providers
www.forbes.com...

Fed purchasing 40 billion in mortgage backed securities and 45 billion in US Treasures .
www.sfgate.com...

Feds printing money to fund operations
finance.yahoo.com...

All my info is easy to get to on any simple search.

Originally posted by camaro68ss

Originally posted by gnosticagnostic
reply to post by camaro68ss

 

ok first off it's spelled misinformation. wow... and i'm going to need to see some sources for all the hokie pookie business you just stated. thank you.

Thanks for the correction

Unemployment based on 60,000 house hold surveys monthly
www.bls.gov...


Baltic dry index
investmenttools.com...

11 states with more takers then providers
www.forbes.com...

Fed purchasing 40 billion in mortgage backed securities and 45 billion in US Treasures .
www.sfgate.com...

Feds printing money to fund operations
finance.yahoo.com...

Next time, just take my word for it. Im my own source. I dont need other peoples words and writting to make any of my points valid. All my info is easy to get to on any simple search. providing links and references for you people only wasted my time and lets face it, it wont change your view on anything.

edit on 2-1-2013 by camaro68ss because: (no reason given)

edit on 2-1-2013 by camaro68ss because: (no reason given)

Well i'm not your original poster just an interested thread reader which is why i asked for sources.. I will not take anyone's word for anything on this forum , surely you can understand why. If it waste your time, I'm sorry then perhaps you shouldn't have participated in the conversation to begin with if you didn't want to take any time in going into what you are saying.. and furthermore you don't not have any clue what my opinion is or isn't as I never gave it so thank you Mr kranky pants .. i hope you have a nice day too.. geminy christmas batman.

The whisper will turn to roars, america voted and now they will be punished. My employer is already discussing layoffs and how to circumvent Obamacare, the tax increases will surely slow growth and lead to job cuts, the fiscal cliff was a fraud, the debt ceiling debate will gridlock the government and business will continue to cut and drag their feet until all the smoke clears.

I've met a lot of old timers who have no idea what the hell they're talking about lol. However most of them do, they see what's going on Government and understand it. They see what's going on around the world and understand it. Most of the younger generations have their heads too far up their asses to see what's going on around them, mine included. It's hard to have a conversation with anyone my age that doesn't involve who has the biggest tits, or who they'd #, or kill, or whatever stupid celebrity bullsh*t going on. Older people care about the present and the future, the younger generation thinks everything will be all dandy for the rest of their lives. The economy around the world will only worsen in the coming years. Especially in America, if our politicians aren't being paid by some corporation to vote a certain way they could give two #s less about what happens. Greed has poisoned men's souls.

OP, I believe what you were overhearing was the ramblings about how some corporations, in order to not have to pay for employee health insurance due to Obamacare, have threatened to and ARE reducing their full time employee staffing. Only employees who work full time are eligible to be part of group health insurance. Typically, its the employer who sets the hours that equate to full time. At my job (there's only 4 of us here), you have to work at least 30 hours a week to be considered full time, but I think the standard is 35 hours.

So what you heard is true, though not in the context that you think.

My employer has cut hours too. Since the end of November I've seen my scheduled hours cut in half. I have been with the company 5 years. I'm just holding fast until I graduate; hopefully there will be a job for a humble environmental scientist so I can start paying off these massive loans.

Originally posted by PLUMBER1
I work at a University here in Canada. Every year I see 10-18000 students graduating with $20-$70000 of debt. You ask them what they are going to do with their degree and they have no clue. Four years of schooling and they are applying for jobs at Walmart!!

Colleges have evolved from an instuite of learning to a only profit making scheme. Half the people that go to college (maybe much more) should never have gone in the first place. They should have worked on getting a durable skill instead. As example, plumber apprentaces are at an all time low, and we all know that plumbers make rather good income...

People go to college and get some totally Bull# degree that basically qualifies them for that job at Walmart, and that is the sorry state of our colleges. They make degrees for everyone, might as well get rid of the 100s of names and just call the degree advance high school education.

People today just want a peice of paper and so EVERYONE has one now...WOOPIE! The only ones actually getting anything out of this huge scam are the colleges themselves. It is interesting though that people who actually get these Bull# degrees think that some how they will convert into a good paying job, but don't have a clue as to what job that would be....lol

Real degrees have industries fighting to hire these student by their Junior year, so if you are in your Senior year and you hear crickets plan on working at Wal Mart with a 50k bill.

I spoke with a Mech. Engineering student before Christmas who is working on his phd he says he is unemployable. He is over qualified for most jobs and because he is so specialized, jobs he is qualified for are few and far between.

Something else is going on here...A student with an engineering degree is not overly qualified for an engineering job...Mech Eng degree is not specialized as you say, but if he plans on just stop at four years then he will be limited...he should be looking at specializing now with a higher degree. Also what I see all the time is that people are unwilling to move to the job, and only look within their area that mostly likely will not have what they want.

I have friends that have not had a full time job in almost 4 years. only part time or contract work.
There is no such thing as full time jobs anymore.

Welcome to Obamacare...Everyone will push employees this next year to part time so that they do not need to provide medical anymore. Its win win for these companies.. They can hire two people to do the hours of one and can pay them lower part time wages and not need to provide many services that full timers would have like 401k, health insurance, bonuses etc....

I bet what I have wrote mirrors Canada's situation too....

Originally posted by gnosticagnostic

Well i'm not your original poster just an interested thread reader which is why i asked for sources.. I will not take anyone's word for anything on this forum ,

Maybe...just maybe you read a post here that creates a question in your head to look more into a subject that questions your own views. I don't think it is up to the posters on ATS to provide everything, this isn't a formal debate BTW...

For me, many times a post motivates me to look more into the subject. I find that it takes me 5 to 10 minutes to either be enlighten or reinforce my own views.

Most of my enlightenment or reinforcement is researching a reply......