- This topic has 445 replies, 33 voices, and was last updated 15 years, 6 months ago by SD Realtor.
-
AuthorPosts
-
November 11, 2008 at 11:59 AM #303151November 11, 2008 at 12:22 PM #302715patientlywaitingParticipant
Bring it on!
I’m with peterb on this. We are on the way to sustainability with an overcorrection.
The problem is that people were living and counting on bubble income.
In the long run, we’ll be the better for the correction.
November 11, 2008 at 12:22 PM #303078patientlywaitingParticipantBring it on!
I’m with peterb on this. We are on the way to sustainability with an overcorrection.
The problem is that people were living and counting on bubble income.
In the long run, we’ll be the better for the correction.
November 11, 2008 at 12:22 PM #303089patientlywaitingParticipantBring it on!
I’m with peterb on this. We are on the way to sustainability with an overcorrection.
The problem is that people were living and counting on bubble income.
In the long run, we’ll be the better for the correction.
November 11, 2008 at 12:22 PM #303105patientlywaitingParticipantBring it on!
I’m with peterb on this. We are on the way to sustainability with an overcorrection.
The problem is that people were living and counting on bubble income.
In the long run, we’ll be the better for the correction.
November 11, 2008 at 12:22 PM #303161patientlywaitingParticipantBring it on!
I’m with peterb on this. We are on the way to sustainability with an overcorrection.
The problem is that people were living and counting on bubble income.
In the long run, we’ll be the better for the correction.
November 11, 2008 at 12:27 PM #302720CoronitaParticipant[quote=carlsbadworker]Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.
[/quote]Is that theCA state unemployment benefit? Is it the same thing that is drawing funds from a deeply red budgeted item in CA?? Really? You still counting on this???? Also, what makes you think you’re severance package will be more than say 2 months?
November 11, 2008 at 12:27 PM #303083CoronitaParticipant[quote=carlsbadworker]Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.
[/quote]Is that theCA state unemployment benefit? Is it the same thing that is drawing funds from a deeply red budgeted item in CA?? Really? You still counting on this???? Also, what makes you think you’re severance package will be more than say 2 months?
November 11, 2008 at 12:27 PM #303094CoronitaParticipant[quote=carlsbadworker]Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.
[/quote]Is that theCA state unemployment benefit? Is it the same thing that is drawing funds from a deeply red budgeted item in CA?? Really? You still counting on this???? Also, what makes you think you’re severance package will be more than say 2 months?
November 11, 2008 at 12:27 PM #303110CoronitaParticipant[quote=carlsbadworker]Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.
[/quote]Is that theCA state unemployment benefit? Is it the same thing that is drawing funds from a deeply red budgeted item in CA?? Really? You still counting on this???? Also, what makes you think you’re severance package will be more than say 2 months?
November 11, 2008 at 12:27 PM #303166CoronitaParticipant[quote=carlsbadworker]Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.
[/quote]Is that theCA state unemployment benefit? Is it the same thing that is drawing funds from a deeply red budgeted item in CA?? Really? You still counting on this???? Also, what makes you think you’re severance package will be more than say 2 months?
November 11, 2008 at 12:33 PM #302725CoronitaParticipant[quote=kewp]The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
[/quote]
As a techie…You can always find employment if you’re current and hands on…It’s a question of how much underemployment you are willing to take. For example, if you have 10+ years of *current* and don’t mind working for the same price as your college grad, well you won’t have a problem with finding another gig…
Similar to the concept of homes will always sell in any market…It depends on what price…
I do feel for those folks with 15 years of experience but since then have moved out of a technical/hands on role….You can always underemployee yourself if you can still build stuff. But it’s sort of difficult to underemployee yourself if you are no longer hands on.
Back in good times, there was a lot of fluff positions. It’s going to be a lot tighter these days, where a lot of those managerial roles i think getting consolidated.
November 11, 2008 at 12:33 PM #303088CoronitaParticipant[quote=kewp]The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
[/quote]
As a techie…You can always find employment if you’re current and hands on…It’s a question of how much underemployment you are willing to take. For example, if you have 10+ years of *current* and don’t mind working for the same price as your college grad, well you won’t have a problem with finding another gig…
Similar to the concept of homes will always sell in any market…It depends on what price…
I do feel for those folks with 15 years of experience but since then have moved out of a technical/hands on role….You can always underemployee yourself if you can still build stuff. But it’s sort of difficult to underemployee yourself if you are no longer hands on.
Back in good times, there was a lot of fluff positions. It’s going to be a lot tighter these days, where a lot of those managerial roles i think getting consolidated.
November 11, 2008 at 12:33 PM #303099CoronitaParticipant[quote=kewp]The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
[/quote]
As a techie…You can always find employment if you’re current and hands on…It’s a question of how much underemployment you are willing to take. For example, if you have 10+ years of *current* and don’t mind working for the same price as your college grad, well you won’t have a problem with finding another gig…
Similar to the concept of homes will always sell in any market…It depends on what price…
I do feel for those folks with 15 years of experience but since then have moved out of a technical/hands on role….You can always underemployee yourself if you can still build stuff. But it’s sort of difficult to underemployee yourself if you are no longer hands on.
Back in good times, there was a lot of fluff positions. It’s going to be a lot tighter these days, where a lot of those managerial roles i think getting consolidated.
November 11, 2008 at 12:33 PM #303115CoronitaParticipant[quote=kewp]The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
[/quote]
As a techie…You can always find employment if you’re current and hands on…It’s a question of how much underemployment you are willing to take. For example, if you have 10+ years of *current* and don’t mind working for the same price as your college grad, well you won’t have a problem with finding another gig…
Similar to the concept of homes will always sell in any market…It depends on what price…
I do feel for those folks with 15 years of experience but since then have moved out of a technical/hands on role….You can always underemployee yourself if you can still build stuff. But it’s sort of difficult to underemployee yourself if you are no longer hands on.
Back in good times, there was a lot of fluff positions. It’s going to be a lot tighter these days, where a lot of those managerial roles i think getting consolidated.
-
AuthorPosts
- You must be logged in to reply to this topic.