The government is lying. Period. There is desperation out there.
I have had to hire an attorney in my dept three times in the past 7 years: 2006, 2008 and now, 2010. In 2006 and 2008, HR sent me a decent number of resumes, a few from top-notch schools.
We posted the VP position in my dept last week, and oh my, how times have changed. Half of the resumes I received are from lawyers who have been practicing 5-7 years longer than I have. Even getting Ivy League paper now. Tons of former law firm types in their 7th or 8th years, displaced “of counsel” types, and attorneys who’s employment suddenly ended around December of last year. The position pays 140K, so definitely not a fortune. But I am getting resumes from attorneys who surely make – or recently made, based on their work history – 250K+ a year. Moreover, EVERY Tom, Dick and Harry is emailing me resumes from their friends and neighbors. It’s creepy because it’s never happened before.
If you can’t see what’s happening, you’re not paying attention. I know this is a housing forum, but my God, who in their right mind can possibly think of investing in real estate now when the stench of unemployment is so great around us?
