An unemployed Coloradoan signs up at a job fair in Denver, Colorado on January 22, 2009. Unemployment in the United States, now more than seven percent nationally, is at its highest level in many years. (PHOTO CREDIT: GETTY IMAGES)
From CNN's Jack Cafferty:
If you want proof this recession has legs, you need look no farther than a series of announcements this Monday morning that companies continue to slash jobs right and left.
It started with construction giant Caterpillar announcing plans to cut 20,000 jobs.
Home Depot said they're cutting 7,000 employees and will close their high-end EXPO stores.
Sprint-Nextel said they are cutting 8,000 jobs.
And there are reports that Starbucks is going to slash 1,000 jobs. That's in addition to previously announced cuts.
There was also the announcement that pharmaceutical giant Pfizer is buying competitor Wyeth, a move that will cut more than 19,000 jobs.
And this afternoon GM announced plans to cut 2,000 jobs.
ING and Philips Electronics, both based in the Netherlands with employees in the U.S., plan to cut 7,000 and 6,000 jobs respectively. One estimate is that 56,000 jobs were cut today alone.
Last week it was Microsoft and before that Circuit City. These days just about everybody knows somebody who has lost a job.
The National Association for Business Economics, a trade group for private companies, says 39% of their companies plan to cut their payroll within 6 months.
Here’s my question to you: How secure do you feel about your job?
Interested to know which ones made it on air?
Steve from Vernon Hills, Illinois writes:
Let me find one first, then I'll tell you.
Shayla from Tennessee writes:
I work in healthcare, and up until last week I felt pretty secure about my job. My company is trying to find new ways to cut the budget, and it's not looking good for many of my coworkers and me. I am already searching for a new job. Problem is so are thousands of other Tennesseans.
Doug from Dallas, Texas writes:
My "secure" job went bye-bye 11 months ago so the only job I have is finding a new one. Being over 60, that's not easy in today's economy. With so many people looking, recruiters pass over the experienced workers for the younger talent. My guess is it will stay that way for the next couple of years.
So far I feel my job is secure. I own a coffee house in Denver, and so far coffee is still one of life's necessary pleasures. Maybe it makes looking for work easier.
Donna from Wisconsin writes:
I don't think anyone is secure about their job unless they work for the Federal or State Government. But what is really scary is where are all these people going to go when unemployment runs out, their house is foreclosed because they can't sell it or pay for it without a job and have no food, or healthcare? That's a lot of people on the streets.
The bad news: my job exists to specifically cover recently expanded hours, so it’s iffy. The good news: I'm a bartender, so if I get laid off consolation is available on the other side of the counter. You and Wolf should join me for a drink sometime. And bring Lou. We'll do a study of the liquid economy. Hell, do the show from the bar, we have CNN on all day anyway.
I think everyone is worried right now except for those in elected office.
I think its a very simple issue. No US jobs, no US economy, no consumer spend. Bottom line is that you have to have good jobs in this country. This off-shoring race to the bottom has hurt everyone including Microsoft who was pushing hard for visitor worker visas.
I feel reasonably secure. Mainly because if anyone else from my department is let go, the whole company will grind to a hault. Unfortunately, that also means we're so under staffed that getting sick is not an option.
Jack how does anyone feel on this issue? Most jobs including mine are as secure as running 50 mph on ice and putting on the brakes hard. In other words NOT AT ALL.
Jack, I'm looking at 4 day work weeks (20% paycuts) within a few months.. I can live off of this but I can't speak for others at my company.
We did this through the dotcom bubble burst to survived without having to lay people off.. but this time seems a bit more serious..
I could definitely see some layoffs.
Now is the time to work hard and show your employers you aren't replaceable.
Here in the UK, the recession is hitting us severely. I work in the Civil Service, and there are mass redundancies, and job cuts planned, which will kick off in time for the new financial year in April. I get on the Jubilee Line train which goes via Canary Wharf, and though it can look busy, the trains, are no longer as jam packed as they once were.
I have a feeling we're gonna get worse before we get better.
As secure as anyone can feel, I guess. You just never know anymore.The companies you were sure would never go under have gone under which leads to a lot of worry and sleepless nights.
Not al all secure. My husband is a contractor with 30 years experience and no work...We must pay for our health insurance and property taxes and don't have enough for that... Soup is the meal of the day five days a week...
Unfortunately, my job is far more secure than I would like it to be. My job is to find a job. And the way things have gone for the last few years, I expect I will have it for a few more years. That is, unless our new president is a miracle worker and can reverse 8 years of damage done daily very soon.
Jack! MY only job is to set on my butt, after years and years of jobs and collect my social security check. I'll probably out live 'that' , then I don't know what my job will be-since there won't be any jobs.
I'm retired, so you might think your question doesn't apply to me. Think again. I'm wondering if I'll have to go back to work sometime this year to keep my home and my lifestyle, which includes helping out the kids and spoiling the grandkids on occasion.
I guess I"m not eligible to answer this one Jack. I lost my job 14 months ago and the papers here barely run help wanted ads anymore. My wife lost her job last month and we missed our first house payment in 33 years in January. next question.
It's kind of sort of secure. All of our clients would have to either cut back or fold totally for me to lose my job, so I'm keeping my fingers crossed for them.
My job is secure, but if the economy keeps going down, nothing will be secure. We need an employ American Act.
My "secure job" went out the window a long way back. Also, the fact that I'm above the 60 years of age mark has made it impossible to get back into a good paying position.
With all the additional thousands now out of work, my earning potential (just like my youth) is nothing more than a distant dream from the past.
Jack, I am a Housewife, Homemaker what ever you want to call it. That is probably one of the few secure jobs in the world. I do feel badly for people who are losing jobs, the news get worse everyday.
I work for the Dept of Labor filing unemployments claims. At the moment I feel my job is secure ,as long as my body and mind remain intact.
Secure? Not very secure in this economic meltdown at all. Most jobs will not be as our economy continues its decline all sectors will be hit hard.
That is silly question, Jack. The only job secure is the Congress House: the incompetent Senator s & House of Representatives (whom are they represent? the wealth & rich).
Well, on the second thought, yours job & media job
Job security is the #1 stress for every person I know all over the country. Blue collar labor, self employed, construction, lawer, or university professor, it doesn't matter. They are all worried about having a paycheck/ income to pay the bills with. From what I can tell, every one I know is "hunkering down" and hanging on to every penny. No one has any plans to make major purchases (new cars, appilances etc.) Until consumers have confidence that they will have a paycheck coming in they won't be spending. So much for a "consumer based stimulis"....
Job? Why work I get endless unemployment and soon I will have free heath care not to mention the economic stimulus bonus or I mean check I will be getting. Also I stopped paying for my mortgage and my best buddy Uncle Sam is going to take care of that as well! Life is good Jack I might go on a vacation to Cabo! Cheers!
No job is secure today, Jack. Even the politicians as if they do not do what is right for our country we will "fire" them come election time.
Retired because of health reasons.
About as secure as I do about Sarah Palin going to Oxford.
Very secure. I'm retired BUT the upcoming inflation I see coming has me worried about the buying power of my pension and savings though.
Not at all. I work in nursing education. You might think that would be fine since the world will always need nurses and people tend to go back to school in hard economic times. However my job is to recruit Registered Nurses so they can get their Bachelors. In talking with these folks many of them are afraid to take on student loan debt even though many of them realize that in their industry not having a bachelors could lead to disaster within the next 5 years. That's how bad it is getting out there. They know they need to get it for their job security in many cases and are still afraid to take on school debt. It just goes to show how people are truly taking things one day at a time.
All these job cuts!!! Has anbody checked whether executives at these companies are taking paycuts to provide additional capital to preserve jobs? Does this comment stink of "socialism"? Perhaps, but what if we called it a "civic" or "patriotic" responsiblity to preserve the fabric of our society? It seems to me that more employed means there is more good – taxes paid, money infused into the economy, and less bad – government spending, less money in the hands of consumers. Me thinks the powers that be need a remedial course in philosophy -human behavior has not changed over time – we ought to remember that we govern ourselves to check our basic human, nee animal, behavior. Checkout Machiavelli!
Totally secureJack. I've held it now for twenty-eight years and get very few complaints. Clothes are clean,the house is tidy,good food is always served. I am an excellent hostess and can also be a nurse,vacation planner and social coordinator. I was a good mother and now a wonderful grandmother and mother-in-law. I doubt my husband would want to fire someone who performs all of these services and still looks good and is satisfied with the financial compensation.
I am retired and living off my social security. My IRA (401k) was 'Bushed'. I live a meger but happy life by myself.
I have never felt so blessed to be on the outside of all this. I pray for all the younger people.
The John Boehners need to step down while there still is a country and jobs to save.
I am retired but if I could find a job They dont pay for experience any more 45 years as a pipefitter means I am used up not a sourse of wisdom .I was incharge of training many time corp,sent people to find how I got high grade ave. out of thiese young people .
Geez Jack, what job?
I am retired, however if I was still in the work force I would be scared to death that I would be laid off or even worse my job would have been eliminated. These are troubling times and regardless of who is President I dont see the job market improving in the near future.
Fairly secure. I work as a nurse in Long term care, and there will always be a need for nurses and caregivers in this field. We have such a shortage right now. I wish they management could find more qualified people to hire, so everybody here won't get burned out.
Jack the only secure job is a "stay at home mom" the rest of us are on the chopping block any day of the week. Fire a stay at home mom and just give it a day or so and they will be welcomed back with open arms, a pay raise, a new found respect for the things they do!
Well, as secure as any right now - even my boss isn't sure that he is secure. I'm due to retire this year, but I may have to work part time even then. It's disgusting what the politicians and the rich have been able to get away with. I think a good start on fixing the economy is to do away with the pensions that all the politicians get when they don't have to be in office for 20 years. I'm tired of my taxes going to pay someone that I voted out of office.
I find it to be an oxymoron :When the lawmakers, politicians and governors of Illinois and New York say the constitution states they need to appoint the new state senators to be seated in the vacated seats, to assure that the people of their respective states are represented by someone they want and deserve. How about “We The people” making that decision? I’m not positive but the recently controversial appointee in Illinois never has been elected , too any of the Gov. positions that he has held . Perhaps this law should be reviewed by our lawmakers, especially with all the controversy surrounding the governor of Illinois.
My job is as secure as yours... Have it as long as someone needs what I have to offer. Pitty is that industry doesn t work like football, guy on top goes first.
I work for a GM car dealer. Nuff said.
I am retired. But, I do not feel secure in my retirement. I feel like the next shoe to drop will be the elimination of my retirement benefits.
Jack, I'm lucky. The company I work for is stable. While other companies were living high, my company stayed on a very conservative course. It has been able to whether this current storm much better than most companies. I'm also lucky in that I am educated and have very marketable skills. Do I take any of this for granted? NO. We are living a bit leaner and saving a bit more – just in case.
About as secure as I felt every time Bush said the economy was strong, in other words not at all.
PS Jack, a word to Wolf PLEASE get Bush's mug off your Sti Room masthead, we don't need reminders of failure.
Job security is an illusion nowadays. Long gone are jobs where someone starts right out of school, performs well, gets merit raises, and retires after 30 or 40 years with the same company. As to my job, my boss is a tyrant, very demanding, expecting me to do more with less, and did I mention I'm self-employed?
It all depends on what type of job you have. I would say a garbage collection job is fairly secure, but I would not feel comfortable if I was the CEO of a multinational company. Depends on where you sit in the pecking order. If the Chinese Yuan is devalued and the US Dollar increases in value, the normal thinking is that more jobs will come to the US, but, what type of jobs. The US labor pool has spent the last 15 years learning new skills because manufacturing is/was being outsourced, so now if it comes back, who will be trained to do manufacturing work? And, after sitting in an office making good money, who in the US would want to go back into a dirty factory?? My question is, where is the labor pool coming from that is going to go to work in the revitalized factories and who will do the work on the new infrastructure programs? Immigrants?
I'm 57 years old and have never been fired from a job in my life. However, I am worried.
Mountain Home ID
My job is very secure. I don't have one.
I'm a teacher of special needs students, so my job is very secure. There is a nation wide shortage of special education teachers, so I can probably work as long as my health permits me to. I'm one of the lucky ones.
no job is secure, fortunately unemployment benefits are secure. So, if i get laid off, i will add a couple roommates to my house and just sit home and collect unemployment and rent.
Very insecure! I work in a small office in suburb of Denver owned by two brothers , and me. We are a travel agency. ( I have worked here for 12 years). Over the holidays, they cut my hours and pay, they, however (mngt) did not make any sacifices . then in Jan. it has picked up a bit. But I know that if things contine to decline, it is their –one employee– who will be cut, not them. I continue to hang in there, because at this point in time, where else would I go? I also work a weekend job, which has been cut too , even between the two jobs, I can hardly make it. Am concerned about things getting worse, then would considering moving to cheaper state, if I do not drain my savings.
The big companies who basically had a free ride under Bush are now struggling so things can only get worse. More lay-offs will eventually trickle down to all of us. You guys are not immune I have already got rid of my what they call prime channels, ESPN,CNN,and MNBC is next.
If you don't, let us hope we have (even) the most conservative and most liberal citizen's attention!!! ALL SALARIED AND WAGE PAYING POSITIONS WILL BE AFFECTED > MOSTLY NEGATIVE; and obviously these will be the fortunate who find, secure or keep a position. Survival is the premium, yet we cannot revert to an era of the caveman (allowing the seeds of distrust to become blooming games of survival of the most fit). The bridge to a semi-secure existence is temporary love of vision; which have no roads leading through the towers of Babel. We must not only teach our children to listen, but also ourselves and to be more patient in our listening. JOBS are temporary, positions of longer terms will require trust and open communication.
I am fine with my job but then again I am in the undertaker business which is booming and no mater how good or bad the economy gets people are dying to get in to see me.
Jack, through hard work and sacrifice, I am in a pretty stable job that will not be going away anytime soon. But, I have enough job skills that if I were to lose my job, I could easily transfer my skills to another profession. In fact, I receive multiple emails and phone calls from firms looking for my skills on a weekly basis.
My job is as rock solid secure as a soap bubble. I work independently as a consultant / contractor, and I just got a thee month contract renewal at a telecommunications client.
When cuts come, the temporary staff are the first to go, that's why the class exists. I just hope our new administration's efforts to right our tipped-over economy works, and soon.
After thirty years in sales I was lucky enough to get an administration job in a large plumbing company with a thirty percent decrease in salary. My job seems seems secure at the moment but the steps required to sustain a household due to rising costs and lower salary (if one is lucky enough to have a job) is a tremendous strain. My wife returned to work two years ago as our children have grown old enough to fend for them selves to a degree and we still cannot make ends meet. How is a stimulus package going to address this issue. I do not want any loans, new cars or credit. I want to be able to pay my mortgage, put food on the table and heat our home, which we seem incapable of doing with two steady incomes.
My job is secure.......its the pay and benefits that go with it that are in danger of cuts. Less money in the pay envelope means less money to spend out there in the community, which leads to other people losing their jobs. Its a pretty ugly spiral that we find ourselves in. Stimulous better come quick and it better be big or this country is in a world of hurt.
No. I work in the hotel industry. If things keep going like this, we're going to be firing people or closing down. Its not good.
I guess I would feel secure if I worked for the company who is profiting from taxpayer money to build a 50 million dollar corporate jet.
NOTHING HAS CHANGED!
Well, I was luckily enough to have employment for a company that sent too many jobs overseas, and had to hire someone after laying off one too many people 6 months ago! So I should have a job for at least a couple more years, untill the next restructuring occurs. : \
Since I am a Realtor my job is secure but what isn't secure is an income from my job.
Put it this way Jack. I have developed an allergy to pink paper.
I sell Real Estate for a living.....hahahahahaha..it cracks me up everytime I say that. No savings, no pension, no unemployment benefits. I sell or I starve. Bring on some socialism or I'm moving to Norway, if they'll have me.
Very, very secure. I'm among the fastest growing group of workers in America, the non-workers.
I work for a bank, so that means I'm more likely to become a government employee than lose my job... depending on how much more money my employer decides to take from Uncle Sam.
iam on social security, iam worried the government is so used to taping into there funds , i might just find myself without funds. real soon! when is china going to repossess us ?
i think that everyone is afraid about their jobs..i believe that if you pray everynight and count your blessings, you will be okay...there are too many people losing their jobs,homes and healthcare, it amazes me that we still see the same partisan gridlock and no one cares about how people are going to survive on a day by day basis..if i were president obama, put a freeze on all congressmen and senators' pay raise just like what he did last week on his staff..why does american people need to make a scarfice when it comes to finances? congress needs to make adjustments too;besides they are already rich due to living off taxpayers' expenses..
with all the "loonies" running things out there, name one that is secure. Secure used to mean "get job, work way up, be there for years, count on retiring..." and all that good stuff (American Dream).
That ship done sailed.
Mine is secure as long as my husband decides to keep me and unload me for a younger model. I feel sorry for the folks who are loosing their jobs. They need help and now.
I NEVER feel secure about my job. I'm in the high-tech industry which is traditionally fairly stable, but since the recession in 2001 for Telecom, has been less so. Witness cuts at AT&T and Sprint, as well as Circuit City, et. al. While those are not necessarily direct high-tech markets (depending on your view of telecom!), they both are major markets for high technology. For years, I was a contractor, but am now working direct. So far, our company looks pretty stable, but who knows what can change overnight?
I'm self employed. My job is secure, but my life isn't. I don't come close to being able to afford healthcare. My insurance policy is with the cross-your-fingers-and-hope-to-make-it-to-Medicare company. Very scary.
Jack right now I don't think there are that many jobs that are secure. They are cutting hours where my wife works and asking for volunteers to take a day off without pay. The only secure jobs that I know of would be of elected gov't officials. But even those jobs could only last for one term if they do not learn to work together and get this economy moving in the right direction. One thing they should remember is there are a lot of people now out of work and watching the news on what is being done in gov't.
Everyone I worked with at my previous employment believed the company could not survive without me. Turns out...I was expendable. The Bush economy really screwed the middle class over and his culture of ownership must have been limited to the wealthy right wing elitists who put him in the White House to begin with.
HD in Phoenix, AZ
Jack, the only sure thing in life is eventual death. H. Ross Perot warned the American people that we were headed for a major recession and possible depression when he ran for President because we were shipping our good paying and secure manufacturing jobs overseas at an alarming rate and that was in 1993. Well, he was right and here we are today and guess what; we did it to ourselves out of greed. I only hope the people that run these companies get fired first.
Are you kidding? The only people in this country whose jobs are apparently secure are the jackals in the banking and financial services industries who caused this financial disaster. Only a very few of those decision makers have lost their jobs. The remainder, including the boards of directors who are equally to blame, are apparently secure in their positions. These folks should be forced to give back the last five years of compensation then marched off a very high cliff. To call these folks greedy dishonest SOB's is a gross understatement.
I don't think anyone is secure about their job unless they work for the Federal or State Government. But what is really scary is where are all these people going to go when unemployment runs out, their house is foreclosed because they can't sell it or pay for it without a job and have no food, or healthcare? That's a lot of people on the streets. And that is scary. And there they sit in Washington debating tax cuts for the wealthy vs jobs. Wake up guys! We, the American Middle Class is suffering and scared. Trikle Down doesn't work and never has. HELP! Anybody out there?? HELP!
this is not the proper place to put this, but i can't find the right one. so here it is anyway: How about Alcatraz for the gitmo crowd? i think it is a perfect solution!!!!
I've already lost my job Jack. In my state unemployment is rising rapidly. There were 2 jobs advertised in this Sunday's paper along with 13 foreclosure notices. My mortgage holder refuses to hear my requests of reducing my interest rate from 8.17%, even though they received $25 billion in TARP money to do just that. Instead they used that money to buy Wachovia. Now they're getting $20 billion more. Can you explain to me how execs get away with this type of blatant criminal activity? Isn't Congress OBLIGATED to throw these folks in jail? Do we need to surround Capitol Hill wielding pitchforks & torches in order to get them to do their jobs?
So far I feel my job is secure. I own a coffee house in Denver, and so far coffee is still one of life's necessary pleasures... maybe it makes looking for work easier.
I work in healthcare, and up until last week I felt pretty secure about my job. My company is trying to find new ways to cut the budget, and it's not looking good for many of my co-workers and I. I am already searching for a new job. Problem is so are thousands of other Tennesseans.
I never hear anything about senior executives and CEOs cutting their pay or bonuses to help keep people working. This feeding frenzy to cut jobs is, in most cases, a disguised opportunity for corporate moguls to increase profit by lowering labor costs, thereby preserving their grotesque salary packages.
Although the pain suffered by those who loose their livelyhoods is very deep and very real, we should not be so eager to buy into the 'woe is me' story that some of these big corporations peddle to the media, with the hope that the media sells it to the public.
Let me find one first, then I'll tell you.
I'm disabled so I think my job is safe. My wife is a Registered Nurse with 21 years seniority. I don't think she has to worry,yet. I sure do hope that you and Wolf are not cut,Jack,what we we do without you.
Jack: To be honest, no job is secure---but for the moment--I feel comfortable that my job will be around as long as long as the government doesn't file for bankruptcy..
My "secure" job went bye-bye 11 months ago so the only job I have is finding a new one. Being over 60, that's not easy in today's economy. With so many people looking, recruiters pass over the experienced workers for the younger talent. My guess is it will stay that way for the next couple of years.
My job is secure, employed by a small organization, doing payroll and bookkeeping. It seems to me small business not fortune 500 is the best employer in these tough times.
Well Jack, since I am retired , couch potato is a secure job. I don't know how secure my social security check and state pension are , I am to old to sleep in a cardboard box under the bridge and I can't live with any of my kids they may get revenge on me from the way I corrected them in there childhood.
I'm a Realtor. Next question.
Very insecure Jack, I wok two jobs and I can hardly make it!
I would move to another state, somewhere cheaper than Colorado, but do not have the funds to do so.
Just think, Jack I have three sons in the military, and my youngest just decided to stay in and "re-up" because of job concerns.
I am not too happy about this, we have already sacrificed, two in Iraq, do not want to go through this any longer.
Lakewood Co - in the "foothills".
I have been with a criminal law defense counsel for 10 years and since we have no lack for criminal offenses, I may be pretty safe unless I get an attitude. About the only thing one can count on these days are crime, health care, and some form of military service.
Dear Jack, All we can do is take it one day at a time.
100% secure !!!!! I'm retired....
I feel much more secure now because I'm on social security disability from my 25 year cop job. The only reason why I say that is because I have no more job, but I certainly have a lot more confidence in Barack Obama then our old corporate backers who wanted to privatize social security and feed us to the wolves.
If only because I work in an industry so niche that its strengths rely on it remaining niche, then yes. Otherwise, being a magazine editor wouldn't be so hot a gig right now.
Jack there is not a lot of demand for old folks who are retired like my self but no one want my job either because you never get a day off. As a full time honey doer my skills are few. I sit around and write things like this.
i work in the Defense business. Once Obama pulls the classic liberal destruction of our military ala Clinton, I'll be selling stones to throw at our enemies.
My husband's job is 'secure' but life is unpredictable and there are no guarantees. That is why we have 8 months salary in savings, and do not have credit card debt. We pay our mortgage on time, and we are responsible with our finances.
This financial crisis is a reckoning day to all, Americans. You can't live 'high-on-the-hog' its not possible.
I pray each day that God will guide our president, congress and the rest of us in returning our nation to prosperity. But first, Americans have to learn to live within their means!
That's the HARD LESSON that people must learn!
Jack, Very insecure! I work two jobs and I can hardly make it ! Hours have been cut at my job of 12 years. Jack I have three sons in the military, and my youngest just decided to "re-up" because of job concerns. I am not too happy about this, I miss them not being here; with two in Iraq, I just did not want to go through the concerns any longer , but my sons say I am "glue" for the family, so that is my primary job– at this time. "sticking together" in Colorado.
Lakewood Co - in the "foothills".
Jack: I am retired, but my retired job is dong very well. Retirement: loads of time, best ideas in my life, no money, ideas and time are down the drain. Such is life in the slow lane.
John from Alabama
I think you are picking a straws here. Most of those retail jobs that are getting cut now were seasonal for the holidays. Those jobs were never going to last anyway. As far as anything else goes, I don't think about how secure a job is. Most employers do not take a loyalty oath when I get hired. I think they should. What concerns me is many of the companies are laying off American workers and hiring foriegn workers. I think this has diluted the salary base in America. I think the remedy for this is clear. Discontinue all foriegn work permits until further notice. Impose and inforce a laws that it be illegal to hire foriegn workers unless there is an urgent need for them. If the present administration does not address this, the standard of living in this country will continue to decline.
Ron K. San Diego
I am retired; living on social security; and now study Crotchity 101 (by example) taught by Jack Cafferty every day.
I work for an advertising agency. You be the judge.
I am retired,so I don't worry about myself,but do worry about my adult children and other workers out there.
Read through some of the people's comments to you on this question. WOW is it depressing.
However, people who work for camping gear manufactures might do alright since many of us will probably be camping out soon as well as trapping our own food. Need to read up on how to do that.
Richard in Kansas
The bad news: my job exists to specifically cover recently expanded hours, so its iffy.
The good news: I'm a bartender, so if I get laid off consolation is available on the other side of the counter.
You and Wolf should join me for a drink sometime. And bring Lou, we'll do a study of the liquid economy. Hell, do the show from the bar, we have CNN on all day anyway.
It would be secure, if I could get a "Visa" to any third world country that's hiring. But my one, and only request ,would be to have my pay in " Local Currency"?
If you are a CEO or other top executive you are safe but if you an ordinary worker need I say more. The only people who lose their jobs are the ordinary workers.
Funny you should ask. My last day is this Friday!
Jack, I do not feel secure at all. I do a good job and have helped grow business for my company. At the same time, I see companies like those in the news today making knee-jerk decisions about staffing and that frightens me. I feel that all big business needs to take a chill pill, start planning for the long-term and stop reacting to the daily hiccups on Wall Street.
Very! I retire April 1st. I turn 65 and hopefully Social Security will not kick me out!!! Thank God Bush didn't get his way with privatizing social security!!!
I guess my job is safe as long as I don't uset my boss (who is my husband). I have working for a over two years for him. So far so good!
I don't think the full brunt of this has truly reached your world. I saw on you money segment "what do to if you get a pink slip' I thought it was ironic cnn is advising people to call or contact the department of labor. News: We're being laid off too! In a time when our claims in Vermont went up 75% and all circuits are busy they are getting rid of more of us! Granted our GOVENOR is (R) Douglas. He has 5 press liasons that he won't let go and the idea of raising taxes makes him shudder, we are still dealing with OLD Washington in OUR state. Our community is calling for the taxes to be raised one the wealthiest amoung us. Douglas says taxes are high enough, yet he is comfortable cutting the senior pharmacy program and hiking healthcare for the kids in this state. The school funding he is talking about WILL raise our property taxes! Leaving the wealthiest unscathed. Just read about this mess on our local paper. Timesargus.com and see what we are facing! I put this in your hands Jack. You seem to fight for us time and again. Someone has to hear us.
This is very irresponsible of those of companies I mean 56,000 jobs they are receiving a lot of money and they are spending It and they are wondering were their money is going.
I work for DOD and I'm very afraid in my neighborhood every other house is emty because most of them lost their jobs. So I think we're all afraid of the future job market.
I am retired, but I do worry about my children and grandchildren.
All I know is that it is possible that some people in my department may be cut due to the economic downturn. However, all this has done for me is motivate me to work harder, for I know that my work ethic will probably be the factor in which my employer decides whether its me, or the guy in the next cubicle who gets cut. If individuals working harder is an outcome of the bad economy, I do not know.
we need an American Jobs first Act... no more outsourcing. If a co. out -sources they should have extra taxes placed on them.. CEO packages should be lowered
I love living in Michigan, but if I lose my job, the chances of finding work in this state are slim to none. So I wake up each and every morning and wonder if this will be the day I get that axed. And I'm thankful for each day I can stay employed.
Job security during economic hard times can make the biggest man sweat. We all hope for the best and dread the worst, the unthinkable, the pink slip. No matter if the pink slip is called downsizing, right-sizing, or layoff it leaves most people with a scared feeling of what about tomorrow, what about next week, what about next month, and what if next year doesn't produce a new job. I think a stimulus package with job creation is the way to go. It's the jobs, Congress.
Microsoft announced big layoffs today, however they made it very clear that they will not necessarily lay off foreign (H-1B visa holders) before U.S. citizens. With the economy in shambles why aren't we forcing companies like Microsoft to keep US workers employed first?
Before we know it, all our jobs will be outsourced. I'm not only worried about my job now, but long-term as well.
Jack I want tell you what good work your doing so keep it up I don't get your book as yet I am currently on my book I hope It will be out as soon as I finish It
Job security is a day by day prayer. Each day you go to work you pray for another day at work.
I've been laid off since last Sept. and can't even get an interview
for a new job, but not too worry as I can't sell my townhome
can't make my mortage payment, can't make my car payment,
look out I may have to move in with my senior parents.
Outside of that I feel pretty secure.
One more thing you might want to check into...the websites given in this money segment (www.carreeronestop.org) is so bogged down, you cant load the page to access it.
I am extremely confident that my job is not going anywhere! I lost a job in October 08 and found a new one immediately after filing for unemployment, I work for the Air Force and have a five year contract, so I guess I'm hopefully good for 5 more years. Maybe by then the economy will be shifting in a different way!!!
Tell you what if you think that I as a American think that a former President is going to be charge for a crime that because it protected us from the world we will have a understand we will not commit to stong arm treats.
I have no worries at all the Great and infallible Obama will save us all! Hope, Change,Hope, Change! All hail Obama the chosen One!
Have you asked yourself that question? How secure is YOUR job?
What is there to say? I live in a state where every senator has a job and a government car, my neighbors all live paycheck to and don't know if they wil be employed by tonight, and our biggest question right now is why the governor (Patterson) took so long to relpace Hillary Clinton when she left for a bigger office. I I think that until we clean houe from top to bottom, we will never get out of the mess our economy is in due to the high amounts of greed. As far as my job goes, I feel secure becasue I have a great deal of senority and job cuts are at a minimum (right now). However, my wife's situation is much different and I can see her collecting unemployment by July.
Try being a recruiter. Can't imagine how many people email me asking how they become one. Makes me laugh.
We've cut back people...we've staggered the hours for the employees we have left, so we could cut back hours per week....if we have to cut back any further it will be because the whole office is closing.
Theresa – Manager in Cleveland OH
The only people that have secure jobs work for Uncle Sam. He never misses a paycheck!
Since I own my own business and employ my wide and kids. I think my job is secure for now. My wife and Kids? Not so much.
What job? I loss it a year ago Jack!
I'm in the Wine and Spirits sales world. I would like to think alcohol will always be there. The problem with me is, alcohol can sell itself, therefore in my line of work, the first to go, is the salesmen and POS people. Added with the Tax increase we are going to see in California, I am not so sure these days!
Very secure about my employment position – unemployed that is.
I'm pretty secure at my current job. We make medical software, and luckily so long as people keep ending up in hospitals, our software will remain needed. Thank god for laws requiring hospitals to patch people up whether they can afford it or not.
I am a Registered nurse with advanced degree and many years of nursing experience so my job is secure for now.
My company, a nonprofit organization, just last week laid off half our staff and cut the salaries of the rest by between 20 and 50%, and we weren't making a lot to begin with. There is a serious question as to whether we will be able to keep the office open beyond March.
I am lucky to still have a job, but am concerned about being able to pay my bills and feed my family with 20% less in my paycheck.
There is nothing secure about many jobs. After several months of don't worry you will be ok from my management, I recieved notice last Wedensday that I would be losing my job as of Feb. 4th. I along iwth many other are uncertain what the future hols. Perhaps I will become a statistic in the forclosure charts. I cannot see how any person losing a job with no fault of ther own helps with the stimulation of our economy.
Well, my job is secure for the foreseeable future. Of course, since I am a pastor, I am seeing more and more parishioners come in to talk about their woes. As long as the news is bad in the real world, my Good News will help some. I just wish the media would turn off the numbers they keep reporting. It scares people.
I don't have a paying job any longer since I am 73 years of age, but I work harder, longer now just keeping up with my wifes, and my own health. Helping in the neighborhood with people who can't do for themselves gives my much greater pleasure than any that pays money. Knowing that I have helped someone, if only in a small way is a very good feeling . I call it "One small step for mankind". You can't imagine how much better you will sleep at night unless you experience it, so guess what I am saying is that we never get too old to be of use in some way. Love thy neighbor is what I was taught as a child, but will admit, didn't do a lot of it as a young person, so better late than never. My grandfather always said money will never get you into HEAVEN, but your good deeds will.
I don't think anyone can feel secure when there is a realistic possibility of the entire world's economy going bust. That could mean also that the dollar becomes hyper-inflated, or deflated, ie worthless. At that point, nobody is secure.
I work in the legal field in Chicago. We have work, but I worry that our clients don't have the $ to pay us. I guess you'd say my job is not very secure and less so with each of these large companies laying thousands of employees off.
Fortunately for me, but unfortunately for everyone else, my job seems secure at this moment. I am an Eligibility Worker, meaning I process application for Cash Aid, Food Stamps, and Medi-Cal. In this hard economic time, I am interviweing more and more families who have lost their own jobs. I thank God every night when I leave work that I am still employed.
Is "anything" safe right now? Secure is not something I believe the American people really are feeling. I will be surprised if this has not been a lead up to a one world government. Christains, such as myself are watching this unfold very carefully. I find it hard to believe our government would think they could send all the jobs out of our country & Americans could still live or allowing the cheap labor in & still live. We have a government totally untrustworthy, we have simply rearranged cabinet members (which are all the same players as we have had) which leads to yet again, how will things ever change in the real sense if nothing really ever changes? All anyone can do is shake their heads. Nothing against Obama, but in watching him pull in all the same people to do the same job, will only lead to WORSE results. This is no longer the government of the people for the people, but a government for a few people to take out the rest of the people. Will be surprised if a 3rd world country rising does not end up coming here in what was once a beautiful country.
Brian, if Microsoft and others could only find those "smart" Americans to and are willing to "work".
Well, as I am looking for a job and have been since the hurricane I aam starting to get a little depressed. I don't know what I will do when my unemployment runs out. By the way, what happened to the extending of unemployment or is it just for bankers and wall street?
Robert F. in Galveston, Texas
My question is easy... Is my job secure? I am a defense contractor who works in the military intelligence industry. With all the budget cuts, am I safe?
After the first Bush adminstration the economy was in the tank because of over speculation in the housing market. Rember the RTC? I lost my job then in the high tech industry and it took me 3 years to find another one.
Jump forward a few years and another Bush is leaving office and there has been over speculation in the housing industry. It's not hard to figure out how this story will end.
Last week several of the people that I work with were let go. It's just a matter of time when it will be me. Am I worried? Maybe I'm more angry than worried. Angry that so few people can make so much money and leave us holding the bag.
jack, I've always believed in the old saying, "your job is secure as your next paycheck". Who knows what will happen tomorrow, look at the people in Iceland. Greed is destroying our countries.
Whether you own a business or work for one nothing is recession / depression proof. Even the telemarketers have slacked off; they weren’t being paid very well but their efforts are pretty futile right now. It will be interesting to see how this all shakes out.
Not at all secure. I lost it 5 years ago!
I'm from Omaha, NE. I feel pretty secure because the company I work for has maintained a conservative approach to doing business and has done everything they can to remain strong. But I know that in my industry (banking) there's no sure thing, so I am cutting my spending to food, gas and lottery tickets.....
My husband is a career Army officer...I think we're pretty secure considering the needs of our nation right now.
For all of you who think your job is "secure", my only advice is to stop dreaming. I was told last week after 7 1/2 years that I am being laid-off. I had plenty of company, 999 of my co-workers lost their "secure" jobs, too.
I wish Representative Boehner's job was as insecure as mine. Then maybe, he might think differently about the President's stimulus plan. He rubber stamped everything Bush put forward to congress, like "no-bid' contracts for Halliburten. We need stimulus in the heartland with the middle-class!
I feel very blessed as my job is to raise our two children! My husband is a Resident so we feel secure that doctors will still be needed even during the difficult time. We praise God for his provision for our family.
I wish i couldbe laid off but i can't be government employee
Since I work in the public sector on grant-funded scientific research projects, I have no cause to worry. My financial security is not at all subject to the whims of the market. My pay is substantially lower than my industry counterparts, but the benefits and job security are next to none. The private sector is nothing but foolish and arrogant. They don't want the government to meddle until everything starts going downhill, then they beg and beg for the government's help. My bottom line isn't money, it's scientific advancement. Only by changing this country's worship of money into something far more substantial can we see real change. Let the industries and markets die.
I work for a small local bank & no, I feel about insecure as one could feel. My wife who was busy & I thought was in a good position with a local attorney firm was the one that got laid off on 1/5/09 , no one is safe...
How secure do you feel about your job?
Since I lost mine I guess not very good!
What job? Jack are you hiring?
I have no job as of June 30th, at least it's warm in Maine in June...I can gather firewood and tend the garden....
I'm a nurse on a psychiatric unit...with this economy I'm pretty sure we won't run out of depressed people. Probably work overtime..........
I've been laid off many times since I started working 15 years ago; so unfortunatly, this is business as usual for me and many other gen xers. This is how it is these days, with offshoring, immigration and women entering the workforce (not that I have a problem with that mind you) I've has to accept lower wages, less job security and incresing prices than my babyboomer parents!
SECURE? I know nothing that is secure in the US at this time, each day may be the last day for me at work, it's just when, is all we can think about anymore, and boy that makes for a happy work place.
still waiting for the people's bail-out? any news when we will get ours?
the bank get's theirs and now they will not share with the rest of us..
not a another cent for the banks! We talk about the # Billions? You will see Billions of US citizens very anger, and No vote or bail out will help the politices with this one. One question? WHERE THE MONEY?
I work for unemployment and have been here for 5 years.
We recently hired 50 people. I'm not worried.
My job is more secure than the President since if
his job was cut someone like me would have to take his unemployment claim
My company just filed for chapter 11 Friday, we make mens suits in the U.S. Obama wears suits and tuxedo made by our parent company Hart Shaffner Marx, and Biden wore one of our suits made by Hickey Freeman in Rochester, NY. Our situation has resulted from our lender grossly limiting the amount of money available to us, even after all of these bail outs. It doesn't seem fair that our tax dollars go to banks to bail them out, while we fail. I hope we can get back on our feet.
I may be going a little "Gran Torino" on ya here, I know, but we don't manufacture enough products in the U.S. anymore for things we need and those we don't. How many new cell phones can a person buy? The South is exacting revenge on The North by allowing Japan (exacting its own revenge) to litter the former Confederacy with auto plants with workers (from all over) making very little money. (BTW, how did Eastwood not get nominated for an Oscar? The dude in "The Reader?" C'mon. Kate Winslet will probably win 20 Oscars over her career if she keeps taking off her clothes in every movie). I expect to get run from my job even though I am a top perfomer in sales (of a glo bal service) because they will cut my territory (to decrease travel) and limit my accounts (to limit payouts).......'Preciate ya! "Buddy, can ya spare a dime?" The Bingster–Spokane, Washington's own Bing Crosby (pre Road to Wherever and "Clambake" at Pebble Beach) sand this in 1930. Epic.
As a Police Officer I find that, in times such as these, my job remains somewhat "secure." By secure I mean no real danger of being laid off. That being said, our job becomes inherently more dangerous in times like these. Crime starts to skyrocket as worry turns to desperation. Dealing with the average criminal is one thing. Dealing with a average citizen driven to the point of desperation – that is scary. We are already seeing an increase in suicides, muder-suicides and "suicide by cop."
However, I would never trade this job for anything. I still have chills thinking about the stress and worry of my old dot-com job.
Scared to dealth but I have to keep plugging away – my husband lost his job in October. We live in Elkhart County in Indiana. It's in the northern part of the state. As long as I can remember, Elkhart County has been a barometer for the rest of the nation when it comes to the economy. When we go into a recession, we lead the country by three to five months. When the nation starts to pull out of that recession, it is always three to five months after we see the end. We are at 12.7% unemployment right now and climbing in Elkhart County, the highest in the country I am told. If the barometer is correct, the rest of the country hasn't even seen the worst yet. Buddy – you'd better hang onto your hat with this recession – it's going to get very nasty out there. Will let you know when Elkhart starts to see the light at the end of the tunnel – that is if Elkhart hasn't become a ghost town by then.
Here's one for you Jack. I am a self-employed sole proprietor who has worked with various companies as a consultant (and as you might imagine that's a pretty risky thing to be these days). Here's the kicker – did you know people like me aren't eligible for unemployment even though I paid into the system for 30 years? So my only choice is ... to get a company to hire me!
My job is secured for as long as my bagde can get me through the office.
The company I work for announed that it will lay off 2,500 people in the next few weeks. Every day we go to work and wonder if today is that day and who will be the ones to go.
No one is safe. Not even CNN. Just wait until this wave of layoffs really starts to shake the world. Regular people are not going to be able to pay for cable. We are fighting a major depression right now. Many homeowners are hanging by a thread paying more than what their homes are worth. We will all be in the soup line in a minute. May God help us and turn this around, we need to lower our imports and increase our exports. Its a shame that no one is mentioning that fact.
Jack, I feel so thankful to be working for the company I do. I work for one of the largest insurance companies in the US, and we are strong and growing!! IIn the 11 years I've worked for the company, they have never had mass layoffs. I have many friends and family that are not as fortunate, and I pray they will be ok. Though my job is secure, I certainly feel the economic crunch in other areas: can't refinance my home due to high debt ratio and lack of equity, many credti cards max'd out, can't buy a new car, etc..
As an independent contractor / small business owner, i noticed the onset YEARS ago. Work shifted from investors flipping houses and landlords rennovating apts to home sellers desparately trying to get as much as they could, that doesnt even take into account 2008, when we were 'officially' in recession. So Ive gone from a few thousand a week to a few thousand a month, in a good month. Anyone thats not scared needs to ask their doctor if antipsychotics are right for them.
Jack, today a job is a privelage, not a right. To feel secure about your job you have to keep yourself competitive and perform at the top of your game every day. We constantly cry about the 7 or 8% who have no job but the other 92% of us who are still working know that as long as we are of value and strive for execellence we will be secure.
You know Jack, one of my sister's used to work in Kansas, pretty much rural Kansas. I forgot where and they told me but my brother-in-law was working over there because of a cousin who helped him but unfortunately, maybe no more than 4 months ago, those jobs shipped over seas...yeah, I know, anything new??
Now, they are back in the city and basically had family or friends hooked them up. Believe it or not, I used to work at Gamestop(retail game store) and that's where he works now but since he does have experience he's at a pretty better position. He is a manager so he manages everything and the good thing is, he has a job, I mean, everyone is trying to find one...
Jack, I have so many stories is cool. Maybe I should have my own memoir just like the former first lady Bush...with style!
How secure is your JOB is the best question that you ever asked from yourself, my friend !~? Do you remebr the book that you wrote by the title of :-" It is Getting UGLY out there " ?
Well dear Jack, i strongly recommend that you write a new book if you want your job to be secure, my friend !~? The tile is of course :-" IT IS GETTING BETTER OUT THERE ! " !~?
I feel pretty secure. Our industry is slowing down, but we're taking this time to define our job roles and do some internal "Spring Cleaning" ... more company training, etc ...
If I lost it though- I'd hit Wal-Mart, the movie theater, any place I could in order to work. I've never filed for unemployment. I hope I'd be able to find something to be at least "under employed" at worst.
Jack what is a secure Job ? Ask Blago !
Lookout for state job cuts in Florida and California in March and April, it will make the 68,000 jobs lost today look silly.
I'm lucky, I have two jobs (Fed. Govt. and High School Coach). I doubt that I would or could lose either one. My Office just posted 4 jobs that all pay over $65K this morning, but I imagine that we'll get hundreds of resumes to fill these positions.
I would suggest to everyone to look at USAJOBS.gov There are thousands of openings there.
I am an auditor in one of the industries involved in all of this bailout talk. That being said, I assume the company is under increased scrutiny and regulation. Suffice it to say, I feel pretty secure short of my company going the way of the Dodo.
We need to stop outsourcing jobs to foreigners! Simple as that. Let's employ US workers who pay US Taxes and buy US goods and services. Simple.
I 'm retired.....for sure, my position will be secure for a long time!.
Not too many people can make that claim today.
I was just told my job will be ending this week if I'm lucky, tomorrow if I'm not. So my job is definately not secure by any means.
I always thoght my job, working in a piblic school with students at risk for dropping out or school failure would be stable. However, the state of Virginia is cutting funds to schools and my job and the future of many students is not secure. so much for no child left behind
Secure as secure can be. Fortunately I do not work in an industry that relies on the"credit market" to survive. While I feel for all those that do, it's our own greedy, want to have, have to have because my neighbor has fault. While yes the banks share alot of the blame but so does the rest of the debt riddled amercian public. When is someone at CNN going to get experian, transunion or eqiufax on the air and get a poll of credit scores across the country?
Well not too secure. This market has been shrinking for 8 years. Most of the manufacturing in this country for printed circuit boards has gone overseas. As this trend continues I am sure to be out of job. I think a lot of people are in the same sinking boat.
I work for a major bank here in the South and in the brokerage dept.....how secure is my job???? Look around! I just pray we are conservative enough to emerge on other side and I can still have my job. This country needs to bring jobs back home. Quit with the cheap labor in India and Mexico. We are helping their labor force and runing ours. I say give incentives to US companies to bring the jobs back home and fire the foreigners.
I am very worried about my job. I am a college student who has to drive sixty miles each day to get to school and back home. It is already tough. I work in an art gallery, and we are showing losses. It makes me worried. Even my father's business has had losses. If it gets any worse, school may have to move to the back burner. Even though I am studying for my future, I may have to adjust my priorities to help my father make it through this tough time.
More secure than our kids are going to feel when they grow up with a few tens of trillion in debt from their parents' reckless spending.
im in customer service for a fortune 500 cable company and we are still hiring so, not really worried for now....most customer service jobs are hiring.
I'll add to the other comments....What job???
Jack – The writing's on the wall.
Most of our jobs were sent to India. Then high tech companies (Microsoft, DeLoitte, etc) asked for more visas to bring Indians (Asians) over here. They got the extra visas. Guess whose jobs those Indians (Asians) took.
Why don't you at CNN check and see the percentage of the Microsoft layoffs were Americans. Somebody needs to do that - It's up to the news media to explain.
Jack – My husband & I are self employed photographers on the Gulf Coast. We rely nearly completely on tourists for our income. Last summer was bad because of the incredible price of gasoline. This summer will be as bad or worse due to the nation's unemployment.. We've lost at least half of our savings in the past year and we're just hoping that our 22 years in business here will keep our heads above water until the failures of the past can be rectified. We believe it will take quite a while since the new administration inherited a mess that may be the worst in this new century. Even though we're only 8 years into it, I can't believe we can ever again elect such a "pro-rich" administration. How will "tax cuts" help when most of America is quickly becoming unemployed and not paying taxes? I know we won't be paying any income tax this year because we will be showing a loss in our business and we know WHO to thank for this dilemna. So do most of the thinking people in America. I think the Republicans need to change their mindset and get with the program of WORKING TOGETHER instead of being SO partisan and maybe offer some "real" ideas instead of cutting the rich folk's taxes again. Obviously, the past 8 years have proven that will never work! Let's get the infrastructure of the country working again. It will create jobs and also help companies like Caterpillar – they make the machinery that handles road work! The Republicans are playing their usual game – they are the party of "no ideas" and they prove it over and over. They tell us government doesn't work and then they get in office and prove it! Let's stop the hate and get on with putting this country back TOGETHER again!
I was worried about my job; so I went out and found my own contract. I owe my employer's honesty to that effort when he told me several months ago that my job might disappear. I feel like I'm ok now for a while – but I'll be faced with it again in six months when the contract runs out.
I think we are undergoing a significant paradigm shift in this culture/world right now. I don't think anyone knows for sure how it will all turn out. But one thing is for sure – we're never going back to the way things used to be so we better get used to it.
I'm in banking too, and have already felt the effect of a layoff 5 years ago. It used to be that banking was a steady secure job; not any more.
I'm just keeping my fingers crossed.
What job? Security is only an issue if you have one.
I'm lucky – I work in a prison, and they won't be closing those any time soon!
I feel that everyone is at jeapordy with the economy, even the upper politicians and media.
As for me I am in bankruptcy/foreclosure FOR the creditors. So for now I am secure.
If things keep going the way they are, we will see another great depression and NO ONE will have any security, prada purses, or sushi every night.
A real slap in the face for all these years we took for granted of having "The American Dream" thinking our country couldn't fall, so we tested it up to the breaking point and look at what we have.
Being retired from two companies that I spent over twenty years at each one ,mine is pretty damn secure. Unlike today,s worker who changes jobs ever six months people of my generation tried to spend their entire working career with one or two companies. To me if you can do that the chances of being financially ok are greatly increased
The first round of layoffs came in December. There were four people junior to me, so I felt secure.
After the two most junior people were laid off, I still felt fairly secure–there were still two ahead of me. Then, in January, those two were laid off.
Now, there's no one ahead of me–I'm next to go. And, it's not a matter of "if," but "when." I'm hoping to last until the end of February.
I think about being unemployed from the time I wake up until the time I go to sleep.........
Being a Registered Nurse is this economy I feel more confident than most that my job is secure.
I don't think anybody should or could feel secure in their job.
I know the reports tell you health care and teaching are fairly good bets; but wait until people don't have health insurance to pay those enormous bills, or when nobody is paying taxes so the schools can't stay open.
NO ONE IS SAFE OR SECURE.
Please read any CNN articles regarding job cuts very carefully and do the math. To get to 68,000 jobs cut in their most recent headline, you have include the 15,000 job cuts that Caterpillar had already announced in the fourth quarter. Also note that any job cut numbers tossed around by CNN are usually worldwide, and not not just for the US.
The economic news and consumer confidence is bad enough. I don't understand why CNN keeps trying to make the news even worse than it is.
I'm a federal employee ... my job is fine.
I have to be honest. I graduated college in 2007, got my CPA out of school and got a job with a big 4 accounting firm. I thought that I would be set up with no worries. Layoffs have still affected our firm and we anticipate further layoffs in April after our "busy season". I'd consider myself in a better position than many people, but I still worry that layoffs might affect me. Luckily at this point, no kids and no house, but my girlfriend has been struggling to secure a job after her graduation this may in the finance industry. She has a job offer at her current part time finance job, but in this economy there's a good chance her offer could be rescinded by the time May comes.
There are no secure jobs right now and if you think yours is, a reality check is in order. When will this spiralling free fall end? Congress is debating the effectiveness of the current stimulus package and wants tax cuts to be part of it. Can someone enligthen me as to how tax cuts will have any effect when no one has an income? Government spending (jobs) is our only hope at this point?
Maybe you all should spend more time working and less time reading CNN.
I work in a hospital in the dietary dept. I only feel secure because we are paid the least Higher paid colleages always get it first, ordinarily.....If our dept. gets layoffs, our director will cut everyones hours instead of permanent layoffs. Sometimes it's best to be the least paid...
I am a web developer (ColdFusion & Java are my languages of choice). After the dotcom burst in 2000, I was out of work for 5 years, picking up small contracts from time to time, but not enough to pay the bills (luckily my now ex is an accountant, so her job was secure back then for the most part). I eventually took a much lower paying tech support position, which hurt my financial prospects once I got back into my field. It was basically an excuse for employers to pay me less even though I did still maintain my skills on projects where I volunteered my time.
On the bright side, the dotcom burst caused many of my fellow CF developers to go to other languages and now we are a bit hard to find, which ads to my security. While the actual job I have, as a contractor may be as secure as thin ice, I know that my skills are in demand in my area (recriuters tell me they have a lot of problems finding CF Developers), so finding a new one isn't that difficult. In the past 3 years or so, I have only been out of work for a month at the most. How long that will last, I don't know. Even the venerable Microsoft is laying off workers for the first time in it's history. As Jay Leno said, (to paraphrase)"When the techies start losing thier jobs, it's definitely time to get worried...)
I love your show! I love CNN. I use your questions as an icebreaker in my classroom at the college. I do not think any college professor in the USA feels safe at this point because budget cuts by the state and the loacl universities cut jobs. Tenure or rank does not mean anything anymore. I am a young profesor with a doctoral degree with two college age kids and I feel like a shoe will drop every faculty meeting. Some people have aready been let go. HBCU's need cash the most. I wish that President Obama would have a conversation or radio address on this subject as he begins to flesh out problems in higher education. The focus is always placed on public schools, but what about the salaries and benfits of people in higher education. Can we get some TARP? Help! I know of two colleges where the faculty make less than $60K a year and the president makes over $900,000 a year with perks. Everyone is looking at Citi bank How about college presidents who waste money?
i feel that since those people up in the whitehouse, mainly the congressman and senators cannot come up with a solution to fix the economy, then they should lose their jobs. i think we start cutting there first to help save money.
I feel caught between a rock and a hard place being that I am a psychologist and have been seeing many patients who have had job losses or are fearful that will happen but what seems to be happening is that mahy people cannot afford to come for help due to the high co-pays they must fork out for sessions and so my own job is also put in danger –the helper and the helpees are in the same boat!!
not secure at all, everyone at my company is expecting mass layoffs any week now
My jobs are fleeting and few and far between (I am a ghostwriter), but I believe my husbands is secure...I hope. He works in the energy industry and has jsut recently moved up the ladder to more responsibility and pay. I hope that means that his job is safe, because if he lost it, I have no idea what we would do. Three children, good money, and we are still renting cause no one will give us a loan, even though the only marks against our credit are a few medical bills we messed a few years ago. I hope that everything gets better soon. Apparently though, because we didn't try to buy a house back when they were leading money to anyone who asked means that we are SOL.
Lost my job last month. I worked almost nine years for a company which has almost $8B in the bank and is profitable. Guess they want to be really profitable.
The only consolation is that my wife and I were intelligent enough to live well with our means. We saved 25% of every check and paid our mortgage forward when our friends were buying McMansions. So I have no job, but we can live comfortably for a year or so on what we saved without touching our retirement or the kid's education fund. I can't imagine how people who lost thier jobs and their homes feel. I hope America will learn its lesson and start saving for a very rainy day.
If we want jobs in America, we are going to have to start buying American... Buy from small local companies rather than greedy mega-companies that have betrayed us over and over, promoting the wealth of a few, and ripping everyone else off in every way they think they can get away with it. If it costs a little more in the short term, *sacrifice!!!* In the long term it promotes economic stability for everyone – including you. It also means that you are not getting your good deal at the expense of the welfare of someone else. If your shoes are cheap because we abuse and starve foreign children to make them cheap, buying them makes you complicit in the abuse.
One of the best economy stimulators i can think of is to stop bailing out big companies, and provide tax and healthcare incentives to small business
Jack, I'm blessed having retired with full benefits and a healthy bank account but feel terrible for those less fortunate and my children who's future will be so different than mine...
With entry level positions that we can't fill that are $45k a year to start for those with no experience, the maritime business looks better and better. Its a lot of paper work and hoops to jump through to get started but once you get your MMD (merchant mariners document), you are set for life. I have over 20 years of working on the water and never had to worry about my job. High school education and I make over 90K for working half the year, 3 weeks on 3 weeks off.
Hope to see some new faces on the water soon.
what job mines already gone and so many people along with me,i meet people everyday that have degrees and cant find work so im looking for a bailout.can you bail me out.
I quit my job years ago and opened a small business, so my job is secure. We should all stop supporting these huge monster companies and get back to business on a personal level with small community banks and small businesses. Life has been much sweeter since I fired my boss. My advice to those losing their jobs is too just hang in there and try doing something on your own.
I'm already beyond that – I was laid off two months ago. With respect to my next (hypothetical) job, my answer is "not very."
If the government runs out of money, I'm cooked.
My job at a non profit was cut to 60%, which doesn't entitle me to benefits. Since insurance is a necessity for me, that reduces my salary substantially more. But at least I still have a job, for the next few months at least. After that, who knows. My heart goes out to those in even worse straits. Thanks to an expensive and unnecessary war, tax cuts to those who least need them and failure to spend on greening the economy and rebuilding an aging infrastructure, George W. Bush's legacy will haunt us for many months to come with the worst economic times since those my parents experienced in the Great Depression.
I am in the U.S. Army, in this economic crisis a lot of soldiers that know they cannot apply their particular skills that they had acquired in the military are forced to re-enlist in order to be able survive and to be financially stable. Sadly the army knows this and uses it as a good tactic with re-enlistment personell to try and scare soldiers into staying in.
I know in July that my job ends. I try desperately to find work but know that I will not. The papers in Dayton Ohio only list part time jobs or career centers anymore. America needs jobs. I am not sure how many more jobs can be lost before this is finally called a depression.
I am still working at age 71, simply because my family needs to have health / medical insurance and I can't afford it on my retirement benefits. Although my job is required to keep the company "certified", I'm concerning that the company may fold. We manufacture concrete products for the State of Ohio, but the state has no money. It depends upon how quick the stimulus package gets to the states. Does anyone know that?
Job security, only for electiced officals. I've been thinking about quiting my job and cashing out my 401 before OBAMA takes it.
I've been in Retail for 33 years and have never really felt secure....even in prosperous times. This is an Ugly business that is going thru an "ugglier" period right now.
Seriously, I think that is a pretty stupid question. How is anyone to know? All it takes is one big supplier going bankrupt to affect multiple smaller vendors. Increased freight prices, gas prices, supply costs. This is the worst economy we have had in most of our lifetimes and personally I don't think DC is doing anything about it. All these Stimulus packages are just a bunch of crap. Most of the politicians aren't smart enough to handle their own finances and we expect them to get us out of the very mess they themselves caused. What a joke.
Pretty secure Jack. I've been with Intel for almost 15 years. though I did field lots of questions from people last week when Intel announced their layoffs. I work in process development; and beyond that I am extremely versitile. When I get layed off the company is about to fold.
I do not feel too secure about my job. How could I feel secure about my job when we continue to read or hear bad news about people being laid-off? These people will loose their ability to spend thus feeding the fire of uncertainty during this economic downturn. Everyone needs to do their part in order to reverse this vicious cycle, to include the people on top, yes the ones who possess most of the wealth, since you can't expect for the people at the bottom to spend money they don't have. We already tried the second idea and that is what got us in trouble in the first place, not to mention it made some of those few very wealthy.
My company announced it is closing our division two weeks ago. We felt pretty confident our jobs were secured as the company was continuing our expansion plan...But CORPORATE GREED reared it's ugly head and why not join the BIG CORPORATE bandwagon abandoning any moral or ethical responsibility to the employees... They made millions overnight in stocks with the announcement. Meanwhile 420 people who served the corporation well have been dumped into a mercyless and unforgiving economic meltdown.
I actually believe that some companies(not all) are using the "bad economy" as their excuse to cut jobs..they probably have been wanting to do so for YEARS...this gives them an "out"..a reason to "freeze" hiring new people and from giving the existing employees any decent raises or decent 401K contributions...
If you eliminate executive compensation packages some of these companies would be able to stop some of the bleeding....
As far as my job, I'm pretty secure..maybe!!!
My job is secure. Believe it or not, in the fitness industry we are working harder than ever. Where do you think everybody is going to relieve their stress? It's the gym. We are seeing record breaking numbers in fitness classes and participating in personal training programs. Maybe the US will start to see a decline in it's obesity and heart disease statistics?
I 'm a US citizen who works in Baghdad, Iraq. Sometimes, on my way to the office, I run into bunkers because of rocket or mortar attacks. After reading news from the states, I consider myslef lucky. I only have to worry about insurgents.
Let Obama pass the stimulus package so that we can create jobs rebuilding the infrastructure that has been ignored for decades. Bush & Co. were complete idiots to leave the country in such a shambles. This ex-Republican will not be able to stomach the GOP for many years to come because they screwed up so bad and nobody in the party called them on it. What's up with that?
No one's job is secure, don't fool yourselves.
I just foundout today (after many rumors last week) that the company I'm contracted through is being aquired and, after the aquisition, 15% of the combined workforce will be slashed. I work in Research and development, and didn't see it coming that fast. Who knows, maybe I'll lose my job.
Things will get worse, but am not sure HOW MUCH worse
I am very fortunate. I work for a private university that has always been able to withstand any trouble in our economy. But in my central Ohio area, many jobs have be eliminated or workers furloughed without pay. These people worked for small manufacturing companies for many years and now are without work, medical insurance and may soon lose their houses.
There's no job security. I got laid off twice in 2008!
Jack, I work for a Catipillar Dealership. Last year was a record breaking year for the company. Wish Catipillar was able to say the same I do feel secure, but I'm always on the alert!!
Jack, I got to say I feel extremely secure about my job security. Since I was disabled by a stroke 14 years ago I now pretty much myself to be retired and out of the labor force Now my primary jobs are to by a volunteer working through a community senior center and also work as a household coordinator and planner. I don't expect to lose those jobs unless it is my choice. Trithfully I work more now than when I worked at a paying job. Additionally, since I started preparing for my retirement at age 16, and made smart investments I now have an income higher than when I was working with annual COLA increases planned at 5% increases and a fully paid medical trust fund of $500,000 to survive on. Jack if you work hard and plan life can be great and fun as well as rewarding. No, I'm not on Social Security yet either. I can say writing, researching, and helping others is a very rewarding lifestyle.
My wife's and my job are very secure. We are both educators which is great since we get to spend so many vacation days together with our family.
this is getting to be very frustrating
Jack: Dick Cheny and George W. are reading all this and laughing so hard they are literally rolling on the floor! What did I hear Dicky just say to Little George? " It was good being King and they all deserve this- idiots that they were!"
Just read an article from careerbuilders.com that indicated that government, leisure & hospitality and professional & business services were three of the top 5 safest areas in a recession. I think that careerbuilders.com needs to recognize we are not in ordinary times and rethink these as being safe.
Believe it or not I'm a lowly little hairdresser making $7.00 an hour and working part time. My job is very secure. We're understaffed so that makes our labor percentage low. It cuts into out service quality but our low prices compensate. So far so good on my job security.
I work for a tech company. I am not secure at all. We are doing well, however they are finding ways to cut the fat. Moving jobs to other states and moved some of our job to Mexico.
Filling the jobs we have with younger people at a lower salary.
I know that I will have to go out and look for job. I have been through it before, however I think that it is going to be harder to find a job this time. More competition. Also, I am older so I worry about age discrimination. I need the job because I need the benefits specifically health insurance that comes with it.
Nervous, nervous, nervous with some anxiety thrown in. I work in banking. A tough spot to be in during this economic climate. It is difficult to sleep and hard to not think about it every day. It is like being on pins and needles wondering when it falls. The biggest problem is there are no jobs out there to go to so it is like playing a big waiting game, except this time with my life.
I work for Walmart logistics in South Carolina. When the credit market started going down and people started losing their jobs i got a little worried. We just got a 45 cent raise on Monday for the entire warehouse so that kinda tells me that Walmart is somehow not in as bad a shape as some other retailers. My job is safe now, but im not sure how long it will last
The only people that can say their job is secure are the people reporting about this recession, like you. I have been around about as long as you have. But in my job, we are normally replaced by younger, cheaper and more energetic workers. Now I also have to worry about the recession. It's not fair Jack!
My job is over February 27. Outsourced to China and Mexico. My thanks to the crooked leaders in our government and industry.
I feel pretty comfortable where I am right now. I use to complain about my salary in my profession, but now, I'm grateful that I still have my fulltime job. I look at all these people, especially the single people who were use to the high life. They went from 60K a year jobs down to 25K a year and they're complaining they can't go to starbucks anymore. I just sit back and say "welcome to my world" and i keep moving along like I always have since graduating college...frugally as possible.
My wife and I feel reasonably secure for at least the coming year. Although we feel this way we still began hoarding cash back in October just in case. The future doesn't feel too certain. Your employer can virtually guarantee your security and yet you still feel that there are impending forces at work that could adversely affect you. Although many people may be secure in their employment, I don't know anyone who hasn't had their stress level raised during all of this. Gainfully employed, totally secure people are afraid to spend on anything and that has created a giant negative feedback loop on the economy.
We're all insecure and will get moreso unless this group in Congress and the Senate acts drastically different than they have been the last few years. And given that most of the ones that did the damage got re-elected, I don't like our chances.
I don't think many people feel very secure. With what appears to be partisan politics rearing its ugly head over the new stimulus package; I don't think there is a lot of reason to be happy. I see President Obama extending a hand to try and reach agreements with the Republicans; but, I see the Republicans stuck in their same old ideological arguments. Nothing is good enough for them; if it is not by tax cuts to the upper class and business. By all accounts, the last Bush tax cuts did nothing; but, allow the rich to live a little better. Obama’s plan includes things that are unconventional; but will be the foundation for the future growth and change. President Obama was elected to cut taxes to the middle class; so, if a tax-cut has to be part of the rescue package, that is where it should go.
Republicans should get with the program and make some reasonable suggestion before they become completely irrelevant to most of the voting electorate.
I feel very secure, I really do. I work for the federal government in one of the areas that Obama plans to invest resources in. Now I can laugh at the people that made fun of me for being a gubmint worker.
As low man on the totem pole in my department, I'll be the first to go in the event of layoffs. If the economic decline does not slow in the next quarter, it's probable that I will be in the unemployment line by mid-year.
Jack, considering that car sales are down, and I just started a job with a wholesale/retail auto parts supplier. I would say yes since people are unable to buy, or unwilling to take on more debt. So if you don't buy a new one you have to fix the old one.
My job is very secure. I am a RN in a hospital. Who I worry about are my children. One has a good job and the other is in college. Will there be a job for him?????
thanks alot President bush that bailout you sign should of went to the taxpayers of this country not the dam businesses who got us in this mess! obama help us out
I feel pretty secure about my position. I'm fortunate to work for a company in the pharmaceutical industry and we saw a 10% growth last year and are headed towards another 5-10% this year.
Why don't you ask Presidents 41 and 42? They are the ones responsible for this. Maybe they can tell us. I remember them both saying how outsourcing was going to be good for us. Ross Perot warned us this would happen. Didn't anyone listen? Did you all forget what he said about our jobs and wealth?
No such thing. Every job, every company, everybody is vulnerable. Even the politicians will be voted out if things do not turn around.
My job is as secure as a feather in a Hurricane. Not very! We know there is a restructure coming. It is like musical chairs and there is more than one chair missing. Day in day out it will probably be better to just tell us what is going on instead of having this sword of Damocles hanging over our heads.
Jack, For the last seven years I've worked for companies that have a contract with the US Army Corps of Engineers (USACE). For at least the last four years we've worked under a reduced budget. Last year I was laid off for seven months, and came back to work last April at another job making $6.85 per hour less than my previous job. So far this year the USACE is again operating under a reduced budget, at least as far as stateside projects are concerned.
So, to answer your question, I have no promise of tomorrow, at least as long as the government is still pumping billions of dollars per day into Iraq.
I work in the financial industry, and though my company has done much better than most you hear about in the news, I still come to work everyday wondering if I have a job. I don't even keep personal items here anymore to save myself the trouble of having to sadly collect my things on the day I get laid off. It's a horrible, horrible feeling to have every day and I curse Bush every day for the situation we are in. I look forward to your segment every day and please tell Wolf that he should go on Dancing with the Stars. :)
I'm self-employed and have been for the past 7 years. I wanted to place my employment and financial condition in my own hands, not some corporation. I played that game for over 20 years. Some times I lost and some times I won. As challenging as it is to be self-employed at times, at the very least, you control your own destiny. And that's a good thing.
I thought very secure, until 5 minutes ago. Now, I am pretty sure that I will be looking for a job.
Jack, As right now the old rule is back, If you are not white, your job is less secure. Its a whitee white world and being good at your job is resented.
I do not feel secure with my job. How can any American say they feel secure unless they work for the U.S. Government.
It is as stable as Rod Blogojevich.
I work for a large company that is laying off workers across the US and Canada but isn't bothering to make announcements. I'm just waiting and jumping everytime the phone rings to see if I'm chosen next.
i am not sure how secure my job is but congress need to give every home owner, $25,000 (only home owners). That's what basically the stimulus package will amount to. Then we will see a change a real change
I feel relatively safe since I'm a 2nd year teacher. I know that if things get too bad they could always just refuse to replace the retiring teachers, but I hope it doesn't get that bad.
Its an odd feeling realizing how expendable you are. A year ago I felt like I could never lose my job. Now I wake up every morning wondering when the first of the job cuts will be happening. Weve been fairly sheltered without anyone being fired and no huge losses, but the signs are there that our clients are suffering and its only a matter of time before that leads back to the root.
So how am I feeling? Scared.
Not secure at all. 2 meetings today and managers refusing to tell anyone anything for sure. Yet they talked about all the exercises they're doing to "move the numbers around", also saying "there will definitely be some impact", and our HR person is here (which considering we're not hiring, is not a good sign). The worst part is, due to us being dependent on a government contract (which the agency is dragging its heels on), we could all be out of jobs at the end of this week. It would be nice if our employer would at least have the courtesy to tell us that we should start getting our resumes out just in case.
Security is a relative issue. As an RN I’m told that there are always places we can work. People tend to forget that hospitals have to treat those who need care regardless of their being able to pay. With the economy going to places unknown, those who are unable to pay are slowly becoming a larger percentage, which hurts the hospitals. Hospitals are businesses, overhead, employee costs, liability and risk costs . . .and all the regular things everyone else in business has to contend with. Seeing as the hospital has to treat the sick, and everything has to be paid for (electricity, water, heat, basic supplies, complex equipment) and the staff, the financial pinch is becoming unbearable.
Hospitals can not operate on good intentions and legal realities alone. Cuts are being made, and will continue to be made. It is possible, perhaps probable that many hospitals will close before this ends. Job security is not what it used to be.
I work as a subcontractor for the government and am concerned. We have been told that the $800+ billion used for the bail-out, err..give-away...uh,um, TARP, has to be paid by someone and government support appropriations (i.e. me!) will be stripped down to minimum! I hope this doesn't happen, but it's gotta come from somewhere! Also, I'm concerned that the corporations are now laying off because they can and not necessarily because they have to! "Oh, well, [put your campany name here] laid off so we have to do the same to remain 'competitive'...". Are all of these lay-offs really necessary?!?!
What job? I have been unemployed since September.
How secure do I feel about my job? What job?
I'm 100% disabled from the Vietnam War. I sweat a dishonest VA, not employment. My job is to write 5 pages of a book each day and go to bed to get rid of the head and eye aches I pay for it. Time to be honest...we got a Depression. Thanks George. Thanks Phil Gram. Ralph, Yakima, Wa
Jack i feel very secure about my job. it involves flipping burgers a Big Mac and the Mac is doing well.
I just got out of college and I've been sending out my resume for a month now. I feel like my bachelor's degree is worthless.
In Shasta County (Calif.) alone we are @12% unemployment. Worried? Yes. I feel secure at this time in my job for another 6 months at least.
Thankfully I am a nurse, a profession that's pretty much immune to the economy. Yes, nurses can be underpaid and not appreciated, plus the hours stink....but I know my patients value me and my family can depend on my income and benefits.
Not secure at all, Jack. I'm a white male construction worker, and according to Robert Reich, Obama's economic guru, we will be getting nothing out of the stimulus package. Socialism at its best!
I work at a Big 10 institution in the midwest. I think my job is safe for now though the market has helped the University lose millions of dollars. I do know two people in purchasing and project managment who was laid-off and I hope they find something soon. If you can find a job at ANY school or hospital go for it. So far, they are safer than a commercial company. So far, the last job I had at Booz Allen are not laying people off, but, that could change with the companies posted above laying off thosands.
My husband lost his job sever months ago and has no prospects. I have no prospects. We are spending our retirement money like water and it's too bad that we gave away our camping gear, because we might need it ourselves!
What am I waiting for to happen next? The jobs of all those self-satisfied folks who think that everyone but them made wrong choices, bought too much home, saved (or spent) their money in a foolish way and generally did not live right, start losing THEIR jobs.
That will not produce a job for us, but it will make me feel a little better because right now I am totally sick of some people acting like our job loss was our fault somehow!
Should anyone be secure in their job? Hell no, we are headed down a very slippery slope. Do the corporations and government care? Hell no. They've got all the money they can squeeze out of the working man, now they want us to fight it out for some scraps!
Not enogh jobs being cut is probably the worst america might have!
6 months ago I was told I was up for a promotion. Since the company instituted a hiring freeze, my promotion is frozen too. Now I just feel fortunate to have a job.
To answer your question...yes, I feel my job is secure. But the thought of moving up the corporate ladder is not.
Costco Wholesale Home Office
My job is secure because I work for AmeriCorps, which is actually an organization Obama is working to expand... Why would anyone cut a position where you work 45-60 hours a week to improve the nation, and get paid only $200 for that weekly work? :)
Save you sanity. Go independent. Hail the independent Contractor!!
How come with so many jobs being cut, the Federal Government doesn't seem to be announcing any ?
I have been a physician assistant for over 18 years. I got laid off 1 month ago!! Medical care is supposed to be recession proof. HA!!
I feel really great, I'm retired.
I was an executive marketing manager for a biotech company before we took the downward spiral last spring. I feel my position as an unemployed housewife is pretty secure since I don't see myself finding employment any time soon.
Somewhat secure. There have been no layoffs, cutbacks or hiring freezes at the company I work for. I feel very fortunate and I thank God every day for my job.
I work in the government sector, and so far we have not had any pay freezes or hiring freezes – let alone job cuts. So right now I feel pretty safe.
I work at a newspaper. Need I say more?
I will probably be losing mine in 2009. Normally, I would be able to deal with a relatively long period of unemployment, knowing that I still had considerable wealth in my investment portfolio. This time, it's different. It's a likely job loss combined with an investment portfolio that has shrunk to almost nothing. I could almost deal with this knowing that I was part of the problem as to how we all got here, but I lived well within my means, while millions of others lived on debt and absurd mortgages, treating their homes like never-ending ATM machines. Everyone, including people, businesses, and governments, borrowed recklessly. I am so angry at my fellow Americans, business leaders, and politicians.
I'm an art director in an ad agency, so I never know who's going to pull his account. That sometimes makes or breaks an agency. In a nutshell, I'm worried.
My last day is friday. I hope there is still money left over in the unemployment fund!
I feel very secure, I am currently unemployed, and it appears that this will be the situation for some time to come!
I feel very secure about my job because I am a member of the U.S. Army! There aren't many jobs more secure than this one. Keep your nose clean and you'll have a job for life.
I am a hair stylist and have seen a downturn in services but all in all I am not afraid I will lose my job.
I am out of work since Aug2008. I am applying for jobs everyday but no response. please help
Unemployed since December, saw a 78% wage drop between 2006 and 2008. Savings gone, $50,000 in debt, house I'll sell at barely what's left on the mortgage. I expect official unemployment numbers to hit 20% by the end of the year, 80% of families will have seen at least a 50% drop in income, and housing prices down 75%-85% percent. We are entering a global depression. It will take an enormous effort just to keep North America from collapsing completely.
You will never own property again.
You will never be free of your debts.
You will never make the money you were 5 years ago.
You will never be able to retire.
You will be very poor for the rest of your life.
And no, that isn't the worst case scenario.
Worst case is total social breakdown, rioting and looting, total economic destruction.
If you don't already have one, you should probably buy a gun just to be on the safe side.
Those of us who are employed,want to get the shock of your life?
Look at your todays paper want-ad section.I glanced at mine today.
There was only "ONE" page of ads.
I have never been unemployed, and have worked since I was 16. At 46 years of age, and having been employed by the same employer for the past 19 years I have what many would consider a secure position yet I have never felt so uncertain about my career.
Before last December I felt extremely secure in my job. However, that was before my company had a layoff where 7 percent of our employees lost their jobs.
The almost daily reports of layoffs now have me worried that it's only a matter of time before I lose my job as well.
Have been working longer than I want to remember! Always found a better job before leaving the old one.
Wife lost her job 8 months ago.
Mine may be gone before year end.
Sell what you can and hang on!
p.s. The price of SPAM went up.....
how confident to i feel about my job?i work at chrysler.....enough said
windsor ontario canada
I don't think anyone feels safe in their job these days. There is no certainty.
Please need to be prepared for getting laid off. They are not. People do not have at least a couple of months rent saved for the rainy days ahead.
This is affecting all American's at all levels. Even if you lose your job there are no options to get a new one. No one is hiring. Well, Obama is.
What job, Mr. Cafferty?
Jack, I don't think that anyone should be comfortable right now in their jobs. We've had the wool pulled over our eyes for years.... Unfortuantely, now we have to pay Halliburton.. I mean the piper.
I am so frustrated right now. I am a black man with a doctorate degree, and I have been unemployed for 5 months. Our school district even has a hold on substitute teachers as a result of the economy!! I can not find employment to save my life. I may have to work at McDonalds or something until I find something. Obama, thank you for your continued efforts, but something must be done asap.
Bush to blame???????
Us PR guys are doing ok. Otherwise, you'd be out of a job too.
Not at all, Jack. Not my job, my Company, my home, my retirement, my future. Uncertainity is what it's all about from now on. Thanks GW,
too late Obama. Maybe if he had taken over on Nov. 5th, we might have had a chance.
Every Friday that the HR folks don't come to our building is a huge relief. Not a terribly secure feeling, is it? I'm 50/50 on whether or not my neck is on the block. I just try to do my best every day and am pretty grateful every day that I don't get the pink slip.
I was laid off my software engineering job of 13 years back in October. I thought IT jobs would at least be replaceable, but so far, I haven't had any luck. Wonder if its because most are still being sent overseas?
If you have a security clearance you are in much better shape than those who don't have one. Some clearances can cost upwards of $100,000, which is usually paid for by your company, so there is a premium to be paid for people with them. I make almost 20% more than someone who doesn't have a clearance. There are tons of jobs advertised online which require a clearance, so I am not worried one bit.
No job is secure. I was laid off from a state gov't job in 2004. I'm with the federal gov't now, keeping my fingers crossed.
Maybe if Obama would stop telling everyone the sky is going to fall people would have enough confidence to buy a new car or house or TV and stop the bleeding. What we need is someone who says 'I have answers and we're going to win', not someone who says the sky is falling (and it will unless we pass my budget-busting socialist agenda).
Hey RetiredVet....Don't get too comfortable there buddy. America is in debt! If the cash flow from China stops supporting our debt where you going to get that VA check from each month?
Hey Jack -
I feel extremely secure, which is why I've recently joined a new volunteer organization! Those of us who "have" need to volunteer and give more to those who "have not". This is how our country should work and the only way our great country will stay afloat. Please, America, volunteer and get involved! Womens' shelters, animal shelters, children's after school programs, food banks, military support programs - get involved!!
I am currently a college student, and will be entering the job market soon. It looks like where I will work all boils down to private vs public sector. Usually, the private sector has the money, and attracts good talent. Yet, when focusing on security, the government will never have to cut jobs, and in times like these, that's exactly where I will go.
The three of us work in a family run furniture store.We are about to go under because nobody is safe in this economy.As a result all three of our families have no chance of a income. Our county's unemployment rate is 12%.
Oh Jack, i feel quite secure with my job as a Housewife at the moment, mostly because my EMPLOYER doesnt want to do the job i do. There isnt much chance of me being paid off, unfortunately
Jack, not at all. Afterall, most of us don't have a new $400 million contract like Rush Limbaugh who hopes "Obama fails". Of course, he can afford it. Can any of the people who listen to him faithfully afford it? NO!
None of the fat cat repubs or democrats are in danger of losing their jobs (we pay them) and/or the lobbyists. This is why they don't care if we go down the tubes as long as they can say they blocked everything Pres. Obama does.
I'll be working to get everyone of the obstructionists out at their next election.
It seems the only way to have a secure job these days is in the medical profession. Thank God I am a nurse.
Jack I would like to see clothing made in the USA. Ie. It would stimulate the farming economy more than just milk or steak. every one needs to stay warm. we as americans should learn how to produce things that other countries know of. I work at Grossmans bargain outlet there for every one wants to remodel their homes. I feel secure but I dont have health care. I am extremely creative and do the best and hard work always.
What job? A lot of us were 'ahead of the curve' and put out of work already. Between borrowing and not much coming in, I wake up every morning hoping to discover that unscrupulous hacker stole my identity.
So far, no takers...
DB, New York, NY
The gap between the haves and the have-nots gets wider and wider every decade. I'm a business risk management consultant and the only reason I'm not scared sh*tless is because the majority of my firm's (large multinational IT/consulting) layoffs, if any, will be in IT and sales, not the consulting division, which is actually growing during this recession. But really...job security? THERE IS NO SUCH THING.
I can only imagine how the poor are faring in this economy...no one seems to care about them.
At first I agreed with these bailout , at least 75%. Now it seems that the CEO's have found a way to get money is to cut jobs and close doors
At the moment I'm feeling pretty secure but I work for Dollar Tree, which luckily for me is booming compared to other retail companies.
I'm a truck driver and I deliver ice cream, it's not an necessity. Do the math.
I am unemployed and feel very secure in my job especially if the Republicans continue their obstructionist and failed policies push
As a independent contractor my job is never secure, a company has no problem telling you they are terminating a contract without any notice of any kind or for any reason, its the nature of contracting.
The company of course wants you to give them 5-15 days notice if you are leaving them, and with todays economy I count myself lucky that I have a contract to work.
I feel very secure in my job, I work at Walmart as a Phatmacy Tech. Although Walmart gets a bad rap alot and we have cut back hours we are still here and going strong. When the economy is bad people look for the better deals and they know Walmart has them all the way from our "roll back" prices to our $4 scripts.
As of right now my job is safe...I work at a four year college The applications are coming in. I think young adults and laid off professionals are motivated to finish college.
I feel very secure in my job because I choose pulic service over greed. So now the people that choose greed are now seeing the long term benefit. I make a lot less money but I have a very secure Job..
no job is secure at this time!
Jack, I propose an experiment. For one week no outlet of the media will report on the economy. Perhaps without the media telling everyone the sky is falling and that they will be homeless and begging for food on the corner within hours, people may relax, open their wallets, and stimulate the economy.
I am feel very secure since I am self-employed and have been for many years.
For health reasons I had to retire eight months ago. My husband retired four years ago – again because of his health. We're living on a shoestring, but at least we know we can't be fired, laid off, furloughed, axed, pink slipped or any of the other nauseating euphamisms used for losing your livlihood. CNN has a HUGE number of people working for them. Are all of your jobs secure?????
We need HELP. My wife lost her job in the building industry mid year and I became a victim of ALS in fall.
We have the conservatives now dragging their feet and acting like expert authorities on turning the country around. For God's sake, it was Bush and the GOP that destroyed our country over the past 8 years. Are they really that ignorant?? BTW..I would like to see all the leadership of both the GOP and DFL get fired for being politically dysfunctional and just playing political games.
Keep fighting for us Jack..
I think people need to stop dwelling and focus on being more proactive. I know it's hard, especially to job hunt amid all of the negative press reports and all, but job searchers have to be innovative, find ways to stand out and make yourself valuable – sell yourself. I was laid off on Jan. 9 from a sales job (made great money, I loved my job) so I'm using the tools that I've learned from my experience in sales by cold calling companies. Some people laughed and wondered how I could call but I scored 2 great interviews out of my cold calling b/c the employers said that no one has ever called out of the blue to ask for a job. Be proactive, work out, go to bed early adn get up early....
I'm very secure in my job, I'm retired .. The difference between me & many other Americans is I prepared for the future.. People today are spending money like a drunkin' sailor & blaming everthing on the government.!!
Jack, The way way way "Right" was not able to do away with social programs like soc sec, medicare, welfare, and perceived big government. Because the programs were popular they could not be eliminated through legal legislative or executive action. So being rich and smart, with tag along radio talk show types they concocted a plan to bankrupt our nation leaving the social programs to die for lack of funds. Not to shabby......the "haves" are winning so far.
My job is secure as a CTO, but my mental health may not be.
Technology… My department is an overhead by nature. I am slashing my budget to retain my work force, but I may not be able to slash enough to keep all.
Where the CIO and the CTO differs, is the CTO is the "geek" version of the CIO. He/She knows the management and the operational aspect of all that is underneath him or her.
What does this mean for me? My job is safe. I already do the work of three and a half employees but statistically I am five employees short. If budgets require me to cut another position, then I have to but I will have to take on that work as well and I cannot continue the workload I am under for much longer without my health (mental and physical) failing. I am lucky because I will keep my job but I cannot yet tell what toll it will take on me. I have kept up all of my certifications from major tech companies and continued to learn and receive education. So I am in a better position to those CIOs who thought they could graduate ten years aog with a business admin, and ride the magic carpet ride of 6-figured salaries with hardly any work to do. My feet have been gound in, my seatbelt on, I am enduring a 5-figure salary so my staff can stay, I have cut pay increases and tripped 30% of my annual budget. Yep.. I am in pretty goop shape.. Mych better than my 6-fugured comrades who have been milking the system and machine for the last 2 decades.
become a criminal its good work cause when u get caught you get sent to jail you dont have to pay for food or housing you get a free education and TV.
Jack: We are in deep doo-doo! Pack your bags and turn out the lights!! PRESIDENT OBAMA, to me, shows the guts to make the difficult decisions to try and get this country back on track. Sadly I think that it will wind up "Politics as usual" and all of us will watch this country go down the toilet!!!
Jack I don't have one since September 2008. I even applied to be a cashier at CNN center in Atlanta they told me I have to have a Bachelor degree. Would you help me? since I love CNN and watch it everyday from 6am to 11 pm.
What job Jack,
Ive been out of work for 10 months, Nothing is secure anymore and its going to get worse. My American dream is just that , Maybe I can live it in my dreams sure aint happening in real life
umm..Jack 2.4 million people want to ask you....what job? You can't feel job security if you are unemployed.
Hi to Jack & to all reading this –
I work for a company in the financial services industry. We were notified at the end of last quarter that early quarter 2009, there would be layoffs. No one knows who is affected, who isn't, etc. Everyone's walking around on pins & needles just waiting for the layoffs to come. We don't know if it's one wave or multiple waves of layoffs, just that they're coming. I can't tell you how incredibly stressful and frustrating it is to have to come to work every day, put your heart & effort into everything you do, but now know if you'll have a job next week.
It's not an easy time for me, my co-workers, or anyone out there going through something similar. I hope & pray that the economy begins to turn around sooner rather than later.
I have no idea how to feel, so I'm preparing for the worst. I just hope there is a "Day of Reckoning" for all the corporate fat cats whose CRIMINAL behavior was the catalyst for this mess...but I doubt it.
I should be feeling secure about my job because i am a school teacher in new york and have the united federation of teachers behind me. However, the way the economy is going right now i am keeping my fingers crossed. So no Jack i do not feel secure in my job and i dont think anyone in the united states will feel safe and with Pres. Obama it is just going to get worse!!!! That is what happens when you put someone in office who has no clue what they are doing.
I feel very little security working at IBM who just last week laid off over 3,000 people in North America and we are expecting they will lay off another 10,000 or more (also in NA) by the end of this week. Somehow these lay offs ( IBM terms "resource actions") are flying under the news radar but is well known by most of the remaining American IBMers.
I work in student service at a university with about 25,000 students, so my job is pretty secure. But then, I also live in Michigan and our enrollment numbers are not pretty. Ask me again in August.
I'm sitting on the edge. I work for a major courier and only worked one day last week. It's like someone threw a switch. So, ya I'm worried. I know there is money to be made in a downturn so I am wondering if we are victims of the market yet again. Just like when we suffered from the speculators in the oil futures debackle of last year.
Just waiting for the ax to come down. We have about a month of savings to live on. House is worth about 30% less then we paid for it 3 1/2 years ago. Never been without a job since I was 12 years old (40 years ago). I'm one of those that worked my way to the top and that isn't one of the safer places to be right now!
What job? I've already lost it. Only thing you can do these days is make a career out of your hobby (Music Producer). Everyone keeps telling me that since I'm only twenty-years old I have lots of time to find a job and setup roots. At the rate that people are losing jobs now, I find it really hard to believe that I can have a future. This really is the death of the middle-class.
The machine shop in the small town where I work started it's third week of shutdown since Christmas today. We've already been informed that approximately 30% of the workforce will lose their jobs upon return. How secure is my job? It's tottering on the edge of the bright red scrap bin in our shop.
Like many, I thought I was reasonably secure in my job. I wasn't. On Jan. 9th, I was laid off, but only after dozens of others were let go first back in November. People have to remember, there is no such thing as job security. I don't think giving companies more money on a bailout will help either. They just hoard the cash, yet they still lay off thousands, so what's the use. I don't think it's unreasonable to think that we will end up like Iceland within a year if things don't take a turn.
I have run my own ad agency for 25 years, and nobody can fire me except my clients. This recession is proving to be unusual for us in that we are getting MORE clients, not losing them. So far... Knock on wood.
I own a Small Business Located in Akron, Ohio and Miami Florida. These job losses and Washington's FlipFlopping on the Stimulus worries me a little. If People are worried about or if they lose their job then they will have less income to spend on my products. We Forecast (Guess) what our customers needs and wants will be in 8 to 16 months in the Future. This Current enviornment is a nightmare in waiting for small businesses just like mine All Over the Country! JUST FIX IT!!!!!
Job! What job? Jack, I have been working off and on, mostly off ,since 2002. So needless to say I am not feeling very secure at all. Each day gets a little bit harder and harder to keep my chin up. I know this cannot lasf forever, but neither can my savings!
I have a Volunterr Job so Unless I get Fired or Laid off I have Nothing To Gain or Lose. I am also wanting to look for Another Job But I worry That I Might Lose It and That is what I fear about Finding a NewOne. I belive that all Americans Deserve A PayRaise.
Here in the midwest I have a great job in education and feel pretty secure right now. It always takes longer to impact us here. Housing prices have not fallen much and layoffs are not running rampant yet.
Keven, Chester.....I wouldn't count your chickens just because you are self-employed and believe you are shielded from demise. If your product and/or services are no longer needed .....that's called....UNEMPLOYED
Jack, I lost my job when Bush said the US is economically sound. Still haven't been able to get another one unless it was minimum wage, which is 7.15 a hour. Hope Obama keeps his promise and brings it up to 10.
I live in Minnesota and my husband works in a power systems company. This company was in denial of recession hitting them. But lately they're cutting jobs big time. There are no particular pattern in which the management is firing employees. There are newbies as well as experienced guys among them. We don't feel any secure whatsoever about our jobs. Let's face it, recession has legs and it's running...
Jack, I'm one of those statistics that go largely unreported–the partially employed. I still have a job, but have been cut from full-time to just 14 hrs/wk., and I wonder how long I'm going to keep that. This despite the fact that I'm one of our company's senior employees. No, I don't feel secure in the least.
As secure as anyone else, Jack which is not very secure at all. Over half of my family have lost their jobs in the past three months. The irony of this whole situation is that due to insourcing and outsourcing, literally millions of Americans have lost their jobs during the last eight years. They have subsequently gone on unemployment, then either given up finding another job or they've taken jobs making much less than they had before. This is the dirty little fact that no one ever talks about, in the media or anywhere else. This depression we're falling into has been a long time coming.
Honestly, I have lost two jobs in the last year..... and my husband was laid off last year... and we are both "baby boomers".... Although we are thankful that we have found other positions, our joint income is down by nearly half.... and our debt load has doubled. "Secure"? Parnoid about loosing another job at this point.... and keeping our home. As for retirement....... not very likely..... ever.
I just started a new job Wednesday with the Federal Government and I feel secure. I am 23 years old and am watching the economy go down the tubes, my recent college grad buddies being laid-off from the jobs they just started, and am watching my retired father loose all the money he saved over the years in his 401K while supporting my entire family and putting the three kids through college. I am greatful to have a great job with great benefits, I had to move 400 miles from home and leave everyhting I know behind to do it, but again I realize just to have the oppurtunity is almost like a dream. I feel awful for those who invested their savings in 401k's and the stock market to watch it collapse. Really, the people who established our economy 50 and 60 years ago are the ones paying for it now, the retirees I mean. Not only has my father lost most of his 401k, but he is also is a GM retiree, who as we know is in significant trouble. I am really greatful the government has a pension plan, I hope down the road it will make life much easier for me and my future family. Now is a time for sacrifice and it seems that the entire country is suffereing through it together. Hopefully Obama can bring the much needed change we need and deserve. But why are we bailing out these companies who see this bailout as free money to line the pockets of the big whigs first, then throw the leftovers to the families of their companies struggling to pay rent and feed their families. It's just crazy.
Sice I got laid-off right before Christmas, I'd say that my current job situation is pretty secure, and is not going to change anytime soon. I am sure that I am having trouble finding a job, and I am sure that it is getting worse by the day. I am sure that I can no longer help the food pantries that I donated to all last year, and I am sure that hurts most of all.
Jack, my job has been gone since July 2008 and even after going back to school to enhance my background, I am still sitting home watching more and more jobs go down the tubes. Things have changed so much while I was in school I still can't find a job. Companies are either downsizing, closing or not hiring at all now.
Although I thank God for Unemployment, it just is not enough to make ends meet. I feel we are crashing fast.
For those that answered that their job is secure....they aren't worried..."Ive worked here for 25 years and have a flawless reputation" We all need to do a reality check.
I'm one of those workers that have already been through 2 rounds of layoff's. Survived through both rounds and now in the position that we've let go of so many employees that it creates problems anytime more than two of us are out. Here is my advice for anyone that thinks there job is secure.
Pay off all Debts while you are employed. Get a game plan together to reduce the amount of debt you have.
Save 6 months worth of Salary back for a rainy day. I know most can't do this but you need to build a safety net around you in case something happenes. ( I don't have this but I do have 6 months worth of money for mortgage payments in the event I do lose my job)
Update your resume and keep it updated with your skills and certifications.
Even if you aren't looking to change jobs. Apply for a position that suits your skillset...get some interview experience. Learn how to set yourself apart from the rest of the 7.1% of the unemployed population.
And finally....If you are working..Learn and grow more. Take a step outside your comfort zone and learn something new that may advance your career in the future. Such as getting certifications in certain fields and such...
Finally... REALITY CHECK..... Don't put off doing some of these things..It will only hurt you in the long run.
Luckily, I am working in an industry which can be afforded by most Americans, who are cutting back. I work for the largest cable company and we are busier than ever due to the digital upgrade which is being mandated by the FCC.
We are able to give the public basic cable for minimal charges in most areas and only charge if they want new installation of rooms or above 3 rooms for the services already existing.
I have been out since 11/08 due to health issues and just returned to work and there is lots of work there for me to help with. We have hired temps and still are stretching our work force.
Jack – My wife and I pulled completely out of the market 2 years ago, we have always said that the bubble must burst. How long can a country sustain growth in wages, benifit costs, increased taxes etc., before it all blows up in our faces. I am self employed and have planned for this day for a long time, I have a distinct edge over my competitors who are hurting and laying people off, we have not. Business may be slow, but I have planned for two years to weather this storm. We have always lived within our means and have saved to the point where some people thought we were out of our minds. Now, we are seen as the smart ones. The un-employment numbers do not include those who have fallin off the edge, it is much worse than the news can report. God help all of these people, we pray for a miricle but will need much more than that to help at this point.
Jack, Is your job secure? I sure hope so.
As a teacher with some seniority I feel pretty comfortable. However, our con-man of a governor has decided that all state employees (including already underpaid teachers) should take a 6% pay cut so that he can continue to offer huge tax breaks to his "friends" for having relocated business' here (not new business…existing business). That worries me the most. It is a bad precedent and will lead to job loss for some.
Not very secure at the moment. For the past 6 months or so they've been taking away my department's duties and responsibilities and delegating them to other departments. The job's being eaten away little by little. I think it's only a matter of time before we all get laid off.
Try to get verification of that or denial from upper management, of course, and all you will receive is "don't worry, OK? We need you."
It's all a bunch of crock.
I don't normally comment, but as a college student I feel that it hits us as well. I am forced to go into a field that I like versus a field that I love because I have to think of job stability and the market. Its horrible. The idea that america is full of opportunities and free is beginning to fade from my mind. I know most college students are changing their majors to medical areas because people will always get sick.
No, I am not worried. I know how to get off my backside and be creative if necessary. We need to look to the Great Generation to become mature grown up adults again. Americans have become soft, complaining and have lost the moral compass.
I don't feel secure. I was the last person hired, and I work for a newspaper. Even though I do a good job and get lots of praise from my boss, I know that if they made cuts, it'd be done on seniority, not ability, and I'd be screwed. I'm fresh out of college.
I work in law enforcement so feel fairly secure in my job there will always be criminals. My wife on the other hand is a teacher's aid and is looking at being cut. It makes great sense don't educate our youth so we can make more criminals.
I felt VERY secure until the day I lost my job. I came in one morning, someone slipped an information packet in front of me and I was escorted out the door. They even told me not to ask them if I had questions but to call a 1-800 number! So, even if you THINK you are secure, I would save your money anyway. In this economy, you never know when the axe might come down.
So happy to have left a struggling industry (big box retail management) to join a company in an industry with many grand openings scheduled for this year...one just last week.
Job, what Job? Those don't exist anymore except for our government. They are about to bailout many states with 100's of billion of dollars so no layoffs will occur. What about manufacturing jobs and service jos? I don't see any bailout money for these deserving folks. I did retire a few years ago and now I live on social security and the hope that my previous employer does not rob the pension fund. Fat chance since they make truck and car parts.
Two Rivers, WI
My job was already shipped to India and my unemployment benefits have run out. Obama is right about things are going to get worst before they get better and every American needs to make the Republican Party pay for remaining silent while Bush ran the country into the ground! The Bush administration took their eye off the ball and took this country into Iraq, when we should of been in Afhganistan, which makes you wonder, Who the Republican Party REALLY is working for? Now we are stuck in Iraq and have built the biggest US embassy in a country that tricked/fooled US intelligence into getting rid of Saddam, the Republican appointed dictator! Obama needs to clean house, starting with American Intelligence agencies first and then invest in Green job technology!
I guess it depends on your perspective. I'm in educational fundraising, so on the one hand, it's harder to raise money, which is cause for concern. On the other hand, as other sources of revenue disappear, fundraising becomes even more important, and that gives me some security, but who knows? Let me check my magic eight ball and get back to you.
I am losing mine at the end of the week. Security is out the window...
If you think $60K/year is living the "high life"...WHOA! What country do you live in? It CAN'T be the US.
Jack, I am a 51 year old graduate student. I injured my back after decades of work. I haven't worked in over a year but Social Security disapproved my claim for disability. My wife works as a personal care provider making about $900 a month. With this, and student loan refunds, we support our family that includes 2 teenagers. My emphasis at grad school is photography. I'm hoping to open a new career in documentary photography. As to job security in this economy, I feel confident to be unemployed and deeper in debt in the future, mostly due to the Bush administration's economic policies that favored wall street, not main street (or even my alley.) Thank you.
I got the best job in the world Jack, and it is with the United States Military. With war on two different fronts and no end in sight, I am sitting pretty. There are jobs out there for the taking, you just got to be willing to serve.
As long as our elected representatives will continue not to review NAFTA, CAFTA, Free Trade agreements with China, India etc. and make it fair FOR THIS COUNTRY AND ITS PEOPLE not more profitable for greedy CEOs this country will continue to slide to oblivion.
We need manufacturing jobs not Wal-Mart and Burger King jobs.
We need to be able to produce and sell things not to buy everything from 3rd world countries.
We are not losing only jobs but the "know how" as well.
Like most Americans, I am taking things day by day. I work for a safety/industrial supply distributor and have seen first hand customers (companies) close or restructure, indirectly affecting my work here.
I believe that WE need to be bailed out. It sucks that we the working "stiffs" have to pick up the pieces while "fat cats" who spend 87,000 on carpeting still get to walk away multi-millionaires!!! These banks that were bailed out refuse to disclose how they are spending OUR money, what do you have to hide??? And most importantly, how can we the working stiffs get in on the scam????
Hopefully, President Obama can help guide us through!
I solved this problem 20 years ago when I turned 49 and had a bit of grey hair and had trouble getting a job.
I started my own company, invested in it wisley and now run a 1/2 million dollar business with 3 employees. Have made it through down turns and up times. I have business signed to 2010 with 10 contracts signed in the last 2 weeks for 2010.
Find a need, be honest, be fair, don't be greedy, think of your clients as much as yourself and you to can succeed.
You know what's the worst about this job situation? It's the fact that even if the economy picks up - which, the majority of the economists agree, will get worse before it gets better - jobs will be the last element to be felt as the things start looking up
I believe many companies are taking advantage of the economic times and are using this as an excuse to cut payroll expenses by cutting jobs. This is a problem that needs to be brought to the surface.
My husband works at Northwest Missouri State University and as long as they keep their promise to not mess with the funding for higher education, I think we're good....who really knows for sure though?
All of us are in danger and there is no such thing as job security thanks to the Bush administration. In fact the only people with job security today are our elected officials. And all they can do is fight over who gets their way on Capital Hill. I don't see any help coming.
I took a telecommunications job 8 years ago and got a huge pay increase. Shortly after I took the job, outsourcing started, layoffs came, mergers commenced and I saw many people lose their jobs. I've been very lucky to dodge the ax all these years. How much longer can I survive? I positioned myself to support fortune 500 customers and now they are going under. The only hope for my job lies with teenagers who text message their friends and talk their parents into buying new phones every 6 months. The longer I've been here and the more money I make, the more vulnerable I am.
My job is very secure because I am a Yoga teacher. My classes are full with very stressed and unhappy faces. Never has there been such a time when all of us need peace of mind amidst chaos. Forget what I get paid but still, I will have a job for months to come. As they say in my line of work...Namaste Jack.
Maybe this is the price america pays for having a idiot in the white house for the last eight years.Along with constant war on poor countries, one country being where the garden of eden was located. Could be God's revenge.
If the old tax credit for credit card interest charges was reinstated, many people would get some tax relief. Who's idea was it anyway to get rid of this tax saving?
I feel pretty secure with my job. I am a Registered Nurse and unfortunately, my unit stays full with patients due to stress related illnesses. Since the economic chaos admissions have increased drastically. Overtime has also been available.
Being from West Virginia I find it unusual to be able to say that most people here aren't hurting much at this time. Having a great Governor may be the reason.
I just resigned from my government job of 21 years! No, I'm not crazy, but I should be after 21 years. I withdrew my pension and also got a large severance. I'm taking my money and running...right into my new life being self employed. I now have control of my future and will be able to keep more of my money. It's all good.
I'm retired and have both a state pension and reserve military pension. When either of those become threatened then we will really know things have really gotten bad.
Jack, no one is safe in today's economy. And what kills me, is all our elected officials can think of is nothing better as a solution than to print more money, have "0" interest rates, and have bailout after bailout of companies that are too big to fail.
Wasn't it put into law that no company was going to be allowed to get so big that the government would be forced to bail them out?
Are not companies that are too big to fail monopolies? These too big to fail companies are running our country not the people. The elected representatives continue to ignore the will of the people they represent.
Were we not told that the first bailout in Oct. 2008 was about saving Main Street, not Wall Street? Well I see the Executive bonuses are safe, but Main Street is bleeding jobs to insure even larger bonuses for the Executive management of the Wall Street corporations.
We have been lied to again and again, the Federal, State, and Local (Big Brother) Governments can not find a way to reduce spending, and are selling our Nation's future into servitude.
Well the one bright spot is Mr. Maddoff, it seems that if you can be a very too big to fail crook, you don't have to go to jail. Only the criminals are making out in these depression times, but the honest, hard working American citizen is getting the shaft.
The time has come to throw these taxes, and bailouts into the Boston harbor again, and bring down the American monarchy, and return to the values of the US Constitution.
Job! What Job?
I like to think I am secure since I just dodged a big lay off in my company. But I am still scared about what will happen if the economy continues to spiral downhill. That will mean more layoffs to come and with that I do not feel so secure.
IBM has not announced them, and mainstream media is not reporting them, however IBM quietly started mass layoffs after announcing earnings last week. Layoffs are expecting to continue throughout this week, and being an IBM employee I can assure you I have dropped something Big and Blue in my shorts.
Dave – Burlington, VT
SECURE!! What does that mean. I was layed off from an inner city school system this summer in CT, moved to New Jersey and took a job at a very good hospital thinking that would be a safe move and boy was I wrong!!! They said that I will know my Mid March, but it is not looking good since the hospital has to cut $50 million by June. They are not cutting, but they are probaly not resigning people whose are on a grant.
I thought schools and healthcare jobs are afe? I have a BS in Education and I think BS doesn't stand for Bachlor's in Science anymore
I own my own business, and the security of not only my own job but all the folks that work for me are at risk. I just layed of my spouse last month and took a $20K pay cut to trim costs. As more and more news pours out of the press each day announcing tens of thousands more out of work, the liklihood that my business will thrive becomes more bleak each day. Eventually, this economy will dry out completely if America's work-force continues to get the pink slip. Its a snow ball out of control.
I thought my job was very secure. I worked in the technology department at a fortune 500 company and have been employeed for 25 yrs. I ran 5 projects without a backup and was laid-off. My partner has been out of work since Oct. These are very bad times and anyone other than politicians who think their jobs are secure better think again!
I work for timeshare company we have already laid off over a 4000 people. The way are system looking for reservation they are going to laid off even more!!! Even with discount up to 75% off your stay it look like a ghost town!!
This a runaway train without brakes....and it going to crash right into another train call "depression".
Hey is CNN hiring?
Um..Jack its gone already.
Jack, why do you ask the same old stale question when it comes to the
economy?: How secure is your Job? Why not give it a fresh sound?:
– What does spam taste like?
– How does it feel to hunt during the day? (and actually eat it?)
– Does the employment office seem like home?
-Is Christmas presents obsolete?
– What is a restaraunt?
You know Jack, . . . new questions.
My last day is 1-30-09 after 35 years 9 months ........Thanks George W
I work for a biotech owned by a large pharma company and we're hiring like crazy, so I feel my job is safe. My husband works for the fed government, so we feel his job is safe too. We're very lucky!
Im in the utility industry and would often joke that "everyone will always need water...".
I don't kid like that much anymore: I have been more nervous in the last 6 months about my position then the 24 years I've been with this company. Paranoid and I've noticed myself trying to weigh which jobs would be cut first if needed.....
Ive made a point to put in more time, keep my face out there in a positive way and STAY productive and motivated.
Scary Stuff .....
I am retired but I still worry about our pension and social security and health insurance being cut. We are in our 70's.
I do know that while Obama was talking on TV and 63,000 Americans lost their jobs today, in St. Louis, Kit Bond,R. Mo and "Civic Leaders" were meeting with Zhou Wenzhong, China's ambassador to the U.S. The meeting was to creat a Midwestern trade hub at Lambert Airport, St. Louis and at Mid America Airport, in Mascoutah, Ill. Chinese Planes would fly in from China with electronic parts and who knows what else. Mid America Airport is within a mile of Scott Air Force Base, a large communications base. Who knows what is going to flown in and who is going to be flown in. China was meeting this weekend with the North Koreans. We think MidAmerica Airport should become a part of Scott Air Force base, they need more land and runways and the Chinese could keep their Chinese Junk in China. Anyone think this issue could become a severe security issue? As Sarah Palin would say " You bettcha"
while others were living hi we were living paycheck to paycheck nyc firefighter didnt pay a whole lot .we rented then rent now. paid for old cars up front in cash we saved for months at a time penny by pennyto buy that 3000 dollar car. disabled firefighter now .secure income. still living paycheck to paycheck but we dont have much to lose. all around people losing their shirts. in the bronx we always live humble and not beyond our means. this lifestyle is a winning formula. for once all those that laughed at us when we didnt have or had to wait till payday are not laughing now. we feel bad at the loss of opportunity for the young that is inevitable now . we are secure have no savings but do have dependable income cause we paid into it with taxes and ss. when i started fdny making 400 every two weeks when i retired making one thou every two weeks after taxes after twenty yrs thats what we pulled in without overtime. i dont feel satisfied that our humble lifestyle has prepared us for the economy now. But we have a steady income and that was through hard hard work our kids are workers and know theres no free ride and we never had credit never will they wouldnt give us any and arent we glad now
I don't think anyone is safe at this point except the politicians and if they don't do something soon, they may need to be concerned about unemployment. It doesn't matter how well educated you are, how much experience you have or even how connected you are, you are at risk for unemployment.
I voted for President Obama, but like some of the Republicans, I am concerned about some of the programs in this stimulus package. Every dollar should be spent very carefully this time, no excuses. We don't need more sand for the beach since none of us will be able to afford to go there, except to sleep on a warm beach when we lose our homes.
We can't afford big tax cuts either, how will we repay all of this debt we are running up. The Republican's want respect, it is getting hard to give it to them after what they have done to this glorious country in the past 8 years. My patience for the Democrats is running thin, they had better deliver this time or a third party will be taking over. The people are angry, they are hopeful, but angry. We want to see some hard and fast results this time.
I have over 12 years experience, an MBA , I speak 3 languages and work in business sales. I am not secure about my job working for a large Fortune 500 company because everyone from the top down is scrambling not knowing what will happen tomorrow. I have never experienced such a high level of anxiety even at C level. I will be saving every penny I have and make this year because I expect my company to make more cuts in the near future. How can you work effectively in this climate?
No one is safe. The numbers only show the big corporations. What's missing is the hundreds of thousands of self-employed and freelance workers that these job cuts will affect (i.e., daycare, home typists, answering services, etc.). There are tens of thousands of small businesses that will also be affected by these cuts who will then, in turn, be forced to cut people. In the end, nobody is safe. With the exception of the president and vice president, nobody is safe. And, they are only safe for four years. There's a lot of turbulence ahead. We'd better all be prepared. I'm preparing by visiting the library and reading some books about how people weathered the storm of the depression, which was well before my time.
Pretty stupid question Jack. No job is secure, even yours. Working harder won't matter either, if you are a certain demographic your gone, just waiting for the Soylent Green centers to open up. Steve in Midland.
I met this 67 year old woman on the subway train in passing and she was feeling real bad, losing her husband of 7 months – she had a tough job and had every reason in the world to be miserable. I felt real bad for her, I still do – I thought she was a lovely woman – still do. What rotten luck, I say. Yes, she can't quit her job to retire – tough luck! So I ask her where did she meet her husband? She met him in one of the casinoes here, got to talking and everything flowed from there.
Casino? Can't retire? I imagine that the both of them gambled themselves out of a retirement – one died, I'll bet the other inherited the other's debt.
I feel worse for her now than at the beginning. Good luck, her and others like her!
I'm an electricain working in residential and commercial. My employer has taken steps to eliminate unemployment compensation possibilites because it cost the company money.
I would expect there are thousands of employers like that. Is there a bill to protect us?
My hand is out! lets hear it?
I'm happy you have a job and you are keeping yourself busy by asking this question......
Not to... I lost it last Tuesday. This was my second lay-off in five months. There is nothing out there. I have no health insurance for myself or my family and our home is now worth less than we owe on it. I'll always remember the Bush legacy, for all the wrong reasons. This is compassionate conservatism?
feeling pretty secure since i work at a gas station
I feel relatively secure as I work for a medium sized company that has made smart business decisions for over 38 years. I'm very fortunate to have this secure feeling but have a few friends that have been effected by this economy and have lost their jobs. Everyone needs to keep their heads up and we'll all get through this!
Considering I work for myself, it all depends upon how sales do. If the sales come in, I'm ok. If they don't, then I might be out of work as well. So far, sales are gasping for air!
Secure? I really don't know. I'm a young man with two college degrees. I am working a full time job and a second part time job just to scrape by. I have no luxuries in this world, I don't have cable, I lease a car that my parents put the down payment on for me when I graduated college 2 years ago, I keep my apartment at 55 degrees even though it was 10 degrees outside this morning, I pretty much live on pasta and peanut butter and jelly. I always will remember someone saying to me " if you want a good job in this world you need a college education" Man If thats true I don't even want to think about where I would be now. It's funny because at this point I don't even care anymore I could worry til I'm blue in the face and nothing will change. I figure if I lose my job I will certainly lose my apartment, so If I have to be unemployed, homeless and hungry I can be all of those things on the beach in Florida Hell at-least there I can catch my dinner and not get hypothermia in the process. At very least I'm lucky that I have nothing in this world I will give it all back and walk away
My job is secure. I am the CEO of the house and I live alone. Anymore questions? Please forward them to my COO, me.
I work at Wal-mart, I'm an asst. mgr, Our sales have been great, I feel very secure with my position and job, we are still hiring.
How secure is my job? Well for starters I'm underemployed, making $10 an hour and this job may be in jeopardy. My wife lost her $60,000/year job a year and a half ago and has not been able to find anything comparable. Ironically, both of us work in the "service sector", you know the sector that was supposed to "boom" along providing Americans with jobs? Um..., making $10 an hour is a far cry from a salary position and I don't forsee ANY opportunities as such arising anytime soon. Come on people it's time to start the revolution – we have been abandoned by both our "elite" and our government. We're screwed unless WE do something.
At the moment I'm not employed; however, I will graduate in May with a B.A. Knowing how many people are losing their jobs makes me worry if I would even be able to attain employment.
I left the higher paying corporate world and entered the state-funded University. I figured this would be a buffer from losing my job.
Now I'm told my job is secure until July, 09.
Even though I consider my job pretty secure (Registered Nurse), I can see the crisis hitting the healthcare industry. The hospital I work for just last week got rid of 60 employees, mostly middle management and nurses aides. The number of patients without health insurance has gravely increased, but of course the hospital cannot turn them down. So many bills are left unpayed.
If every media source (cnn included) continues to incessantly pound the drums of doom, using inflammatory, fear-inducing language then indeed, no one will spend money or take a chance but instead hold on to what they've got and hope to weather the 'storm'. Defense may win championships in sports, but Americans, especially small and medium businesses, which are the true strength of the economy, must be optimistic, aggressive and on the offensive – stop throwing the damp towel on everything or you will create what amounts to self fulfilling prophecy. We're alive, we're smart and the economy is nowhere near as bad as the media's harbingers-of-doom-for-ratings make it out to be. Suck it up and get out there and go to work. No whining. We'll all be fine. Go report on issues 2 through 100 for awhile and leave your self-defined issue #1 alone!
Jack, don't worry so much about our economy. Apparently
things are rosey. Otherwise President Obama would not
have just made it possible for my and your tax dollars to be
flooded overseas to pay for abortions by foreign doctors
performed on foreign people. Surely we are in great shape
for this ridiculous decision to have been made !
Mr. Cafferty, I seem to take no comfort in the fact that 60,000 plus of my fellow Americans have joined me as unemployed today. Hell, stimulus package be damned. We need real help and now. Washingtons politicians continue to show their lack of connecton to the real world along with a lack compassion and assistance to the folks that put them there. Maybe we need a three party system after all, hmmm, maybe the Unemployed Party. It seems it would have a large and growing grassroots base.
What job? I was a hard-working schmoe who discovered he'd been "dead man walkin' " for three months before getting pulled into a meeting and told "we've eliminated your position effective immediately – you do good work".
Jack, are there any "Buy American" provisions in the stimulus plan being put together as we speak?
My contract as an educator will end in August of this year. I specialize in reading programs funded by the government, such as Title 1 reading interventions. I hope there will be work for me again next year. Unfortunately, I work under programs which are usually cut during an economic downturn. It is really a shame, because our schools are not becoming any less crowded, and are in desperate need of educators of the English language, both in reading and writing.
Colorado Springs, CO
My spouse works for Chesapeake Energy based in Oklahoma with offices in Ft. Worth. Word is, they are moving to a smaller office over the weekend, which is half the size of their current offices. Guess what that means? Job losses. Not layoffs, because my spouse is a contractor. Bad news for the energy industry. Chesapeake will deny it, but my partner won't find out until Friday, when the company has them pack for the new office whether or not the box will be packed to go home. They never give notice. Bad news for the economy...Just stay on them and watch. They will do it, because most of the company's employees are contractors. Not covered by the same laws of protection.
No job is secure when people don't have money to buy products! Why manufacture more products when there is no one to purchase them. Therefore, more businesses will be forced to close. A vicious circle! What is wrong with giving the money from the bailout plan to all americans so we will have the means to keep this economy going instead of buying an aircraft for companies?
How Secure are you about your job?
Not at all, currently unemployed and in my late 50's.
College graduate, professional Technology experience 30 + years.
Was forced into early retirement ( they call it voluntary incentive program). Gray hair, 50's what job? No offers, responses, or opportunities. Looking for part time, temporary, anything minimum wage.
I pray each day for all, this is a disaster for humanity in this country as never experienced before.
Hope, Faith, and pray
I'm a self employed recruiter in the commercial construction field for architects and engineers. I haven't had a placement since September. No one wants to use recruiters. We have no health insurance. Both of us are self employed so no unemployment.
I'm 53 years old and have worked in a variety of jobs. There is a slim possibility of me working with a couple of guys (ones an engineer) who are distributors for an additive that will save huge on fuel and emissions on all types of vehicles. Initial tests prove it works and lots of govt agencies are interested, but they need to write for a grant for ISO / EPA with no money to do it. If that goes then I can help with everything from sales to shipping.
My job is secure, because I work for my state government's Employment Department. My job is to ensure that those who have been overpaid Unemployment Insurance pay it back to the state. I belong to one of the few states in the country who's UI fund is still going strong, due to our diligent efforts in holding those with overpayments accountable for paying them back. In a tough economy, it actually gets busier in my office as there are more overpayments for me to collect.
My state relies upon me and my co-workers to keep the money rolling into our UI trust fund. There are some in my department who have even been getting overtime due to the high amount of claims and overpayments coming in each and every day. As long as I perform to the best of my ability, I do not fear for my job. Because of that, I consider myself to be one of the luckiest people in America!
Jack, I'm not concerned about my job because I'm retired. It doesn't look like those folks at Citbank are concerned either, buying a 50 million dollar plane. What in the hell are they thinking!!!
I got my pink slip 11/08 – Worked in a title/settlement office for over 10 years. The industry is gone, and like many in my field – have no clue where to turn. There needs to be support groups created for the now millions of us – who are out there running around in circles ~
There is no such thing as a totally secure job, since everyone is Replaceable! But I'm fairly secure with my job, I work for a nationally known– not for profit–company/resale chain & our sales are way up. More people are buying used, lower priced household & clothing items, especially familes. I'm also Blessed that my husband is retired with a really good pension.
i work for a USA-based IT company that is sending my job (and all the people i work with) to India. this is still happening in a huge way across this country and appears to be accelerating as the economy worsens.
as an American citizen and taxpayer:
we MUST stop any tax breaks that encourage offshoring
we MUST prohibit even one penny of tax money, bailouts, government contracts or any governmental support going to companies that offshore jobs from the USA.
We must insist on "Buy American, Employ American" as part of doing business in or with the USA.
we must impose sanctions on US-based companies that offshore jobs from the US.
we must encourage companies to invest in the USA and employ American citizens.
We must implement an "employ Americans first" clause in all goverment contracts and operations.
we must implement a 'layoff foreigners first" clause in all government contracts and operations.
Let's get real folks.
The problem isn't the layoffs per se, but one must ask the question of why did these companies over hire so much so that they can layoff so many so fast? Who is running these companies? Did they just hire without any regard to the impact of adding these (thousands) of people on their own bottom lines? No wonder we are in the mess we are in.
I am not not secure at all about my job. And what kills me is that the same people who screwd up are the ones who get to decide who keeps their job and who goes, while they continue to splurge and still have the audacity to ask us to bail them out...This borders on criminal if it is not....
Michael form St. Croix, United States Virgin Islands
This is not the last of it, i was just laid off due to my "position being eliminated". After 15 years as a sou chef at a respectable country club i am now unemployed. I havnt even had the chance to file for unemployment yet as i am sure there are many who will be doing the same this week as i am, standing in line at the unemployment offices. I am fifty three years old and i have never seen it this scary. Both my wife and i are now looking for steady income to meet our financial debts. I expect in the weeks to come the unemployment level will increase dramatically.
Jack, my "job" right now is being retired, and I'm watching the headlines every day to see if it's been cut.
I am an ICU nurse in a Level 1 Trauma center. Probably the last secure job in America. Regardless of the economy people will always shoot, stab, beat and run their cars into each other.
I work for a company called Wall Street Survivor, a fantasy stock market platform. Since the beginning of the financial crisis, we have seen the number in our registrations grow.
Why? People want to understand what is going, they want to have a better understanding of the economy.
Also, people have been using our platform to encourage others, who may be on the brink of losing their jobs or giving them pointers on how to start again.
So, in the end, no job is secure but it is always useful to find ways of networking others who might bring more insight to your situation.
Although this is not being reported in any major news outlets, IBM is also doing a big "Resource Action" across numerous North American divisions. This after releasing better than expected results and optimistic projections for 2009. Thousands of workers were already notified last week and more cuts are expected this week. Additionally, they continue to migrate American jobs to lower cost service centers in Asia. Shame on you, Big Blue.
Why bother to guess the answer to this one. I can't control the outcome either way. I work for one of the companies that reported a large lay-off today. I've had to go through this at least 3 times already in say the past 1.5 years and I have survived. I've been with the company for 10 years and I'm hoping my name gets lost in the shuffle again this time around.
We are retired and in our 70's. We worry about our health insurance being canceled & Ililnois State pension be lost(we live in Illinois), we worry about Social Security and our pension's being stopped by a Depression. We sold our home last spring and rented until we could find a home at a decent price. Now, we worry about being forced to move as the person who owns this place has it up for sale. He won't say why.
It is 17 degrees and snowing outside today. My husband is ill, if we have to move, where would we go?
I think right now companies have some of the most motivated employees ever to do their best work and even find new ways to contribute to a company's success. Unfortunately or not, fear is motivating.
Even if someone has a job they've got to be looking over their shoulder. What makes this downturn look worse than others is that no job is really secure.
I do not think anyone's job is secure Jack. In these economic times, you never know who is going to be affected. Who knows? Your job could be in jeopardy too,
Jack! Do you feel safe?
Very secure. The man who owns my company is Warren Buffett. LOL!
It's scary and disturbing not knowing what tomorrow brings. Before too much longer, no one will be employed except people in other countries who are employed by American companies in their homeland for cheap wages. SAD… I guess we'll all have to move to another country just to get a job....!!!!!!
We've got to get people working first even before we tackle the foreclosures because if you don't have a job to pay the mortgage, it doesn't matter how much your payments are since you won't be able to pay it. You've got to get incentives to companies so they will hire not fire people.
No job is ever secure anymore. We allow the politicians and private corporations to hog up all the money and greed. The Republicans play favorites with the corporations. The Democrats waste away our tax dollars on social programs that are unmanageable.
We allow special interest groups and lobbyism to run amok in the white house. Forget most of the politicians. The media is only there to keep the people in the dark.
Huh? There is a recession right now? I just thought that 200 people from my company went on vacation all at the same time...
As a high ranking corrections professional I see an unfortunate increase in business as the economy worsens due to crimes of desperation. However, I live on a little twelve home dead end street, and three of our neighbors have lost their jobs. One is an Engineer, another a Tool & Die maker, and the other a Contractor. It is ugly out here jack.
As attorneys for companies involved in product liability litigation, my wife and I are both very secure. Tough times breed litigation.
All this has the feeling for 2001 with the dot com crash. I, as well as my partner worked in the telecom business. We made a very good living with a nice home car and plenty left over after bills for a bright future and extra to spend. Then our company went bankrupt and we lost the home, the car... virtually everything. We even had to move from Phoenix to Chicago to stay with family. After 8 hard years we are just beginning to see daylight and now this economic crisis is sure to set us back who knows how many years.
We've never been able to return to the telecom world and both currently work as managers in the fast food industry. Already we have noticed a CONSIDERABLE drop off in business and the future isn't look any better. I'm not an economic guru but I am smarted enough to know that there is no time to waste and something better be done soon because if not, things are going to keep going down hill at avalanche speed.
We work for ourselves, and have prepared well for this recession. I wish everyone were so fortunate.
I don"t think no one job is secure in these very unperdictable times in our country it is best we pray and hope for the best.
Jack, I work in an industry that was in the top 20 of jobs to be in during a down-turn; I was cut back from 5 to 3 days last week, including a salary reduction.
Still employed but in the middle of a merger. Secure for now, but I'll be ready with my eight month emergency fund just in case. Credit card is paid off.
I'm self-employed, so my job is very, very secure. My revenue...on the other hand...is about as stable as a one-legged dog. Woof.
I'm a small business owner and have been since 1989, so I get to write the checks! Big deal !! That and five dollars will get you a cup of latte.
The truth is, it doesn't matter what you do or how long you've been doing it, there is very little job security in this market.
A working person's only option at this point is to keep doing the best one can and hope that that is sufiicient.
As a stay-at-home mother of two children under the age of 2, I KNOW my "job" isn't going anywhere! I pray that my husband's job remains secure otherwise, like so many other families, we'll be in for a world of pain. Make that four world's of pain; one for each of us.
As an accountant, I once thought that my job was secure because tax season is upon us. Not anymore however. Not since alot of firms now have tax return prep outsourced to countries like India. Sad day in America when there is not even a guarantee that your tax return will be prepared in the US!
I work for State Farm and our company is hiring!!!
The TARP money needs to be spent on new ideas and new companies its inevitable that long standing comanies are going to fail anyway. America has grown away from certain things to a point where there isnt any growth or sustainability left to add to it. How many Home Depots do we need? How many sorry GM cars can we buy? On top of all of this I believe some of these companies are purposely doing this in a trend because everyone else is doing it. If America can stand more of the same companies that just lid off thousands of their employees. Then the TARP money needs to be spent on the forfeited market share that these companies forfeited and create identical jobs through grants to create more entrepenuers and have those same new entrepenuers compete against that company who liad off those people.
When will people realize that they are nothing more than a cost to their employers? NO ONE and I mean NO ONE (even you self-employed folks) is indispensable. Doctors make no where near what they made in real dollars just 15 years ago, whole law firms are shutting their doors, state employees will be next!
I am a 25 year old woman and I am just starting out in the job industry and I feel like I am holding on for dear life at my job because today it is all about how to make yourself irreplaceable. Everyday my boss mentions something about how what I am doing will increase my "job security." Talk about stress.
I am in advertising and it is hard to sell something that companies are cutting back on . I do not have a trust fund like many my age and I cannot fall back on savings because I haven't been able to save a dime in the last couple years of working on entry-level salary and trying to pay rent and car payments.
It is hard to deal with this as a single woman because of the current economic "glass ceiling."
I am a work at a cancer hospital-unfortunately as the economy goes bad it has the opposite effect in the health industry-more and more people are putting off doctors visits until it's too late cuz they lost there insurance or just simply can't afford it-I know our particular hospital has seen an increase in terminal or near terminal cancer patients which are pretty much keeping my job secure
I lost a job with Dell in late 2007 due to a site closure which occured before the economy really started diving.. and found a great replacement. I work in IT and just hope the same thing doesnt happen with my new job, time will tell.
I am a teacher, the job itself is secure with being in the school district as long as I have. I feel insecure with the idea of a pay cut on an already low salary. Then with the cutting of newer teachers contracts, more students crammed into an already full classroom. But at least I have a job, but I won't be able to pay for the house.
Since September, I've gone down from working an average of 30 hours a week to an average of 4.5 hours a week. I, like others, cannot live off of that. The next step is 0 hours and then being laid off. The worse this economic situation gets, the more likely this scenanrio is to play out. Unless of course, I am able to secure another non-retail job. However likely that is, anyway. Perhaps we are nearing that fictionized time where robots and androids do our jobs for us.
Mission Viejo, CA
Is their such a thing as a secure job? Isn't it called "at will" employment?
Just some little observation over the past few months. How can companies advertize on items such as "Rose parade", race cars, sporting events..... and at the same time lay people off. Companies had to see this coming or are they just worried about there own BONUS check!
I'm retiring in April, so I think I'm good until then. We're a small company, though, and have already laid off 2 out of 13 total.
As long as Social Security is actually secure, I should survive OK. I feel awful for all the folks who have nothing to fall back on, particularly one we just terminated today.
People's jobs were in jeopardy prior to this economic crisis. It's a global dynamic world economy, where service-type white collar jobs can be outsourced to Bangalore, India. Workers are there who will do our jobs for $2.30 and hour, never dream of getting a paid vacation, never demand expensive health care, & won't complain about working a 6 day week /12-14 hour day. Face it, the American 'Post War Boom' is over. This economy had a reality check staring it in the face for some time. Good luck competing with Bangalore, India.
Jack, My wife and I are, fortunately, in fields that have been minimally affected by the economy: healthcare and education. I am a pharmacist and my wife is a high school teacher. I do, however, work for a mass merchandise chain and our store sales have suffered quite a bit. Fortunately, our guests still need their prescriptions so we, in the pharmacy, have managed to keep our head above water. As for my wife, as long as there is the need to teach the youth of America, she will always have a job. We have been truly blessed and our hearts go out to those families who have been negatively affected by the economy.
Jack, this economic uncertainty makes you think, while I feel pretty secured in my job, I think I better look for a second job. I'm a retiree.
I am an Independent Insurance consultant selling Group health plans to small businesses in NJ, Pa and NY. Thankfully I work for myself and can not be laid off.
The news of massive layoffs is very scary.....I hope this new administration can turn things around in a hurry.
Francis Middleman, Jr.
My Buddy Jack Cafferty: My job is more secure than Senator John Kerry's and as secure as yours. Like you, I still can afford to drive my Cadillac Escalade.
I'm a school teacher, and have been for 18 years. On some days I feel that my job is secure. Other days, I read the comments and stories like here on CNN and I wonder; how secure IS my job? Sure, SOMEONE has to educate the future. But my job is paid by citizen taxes. And THEY pay taxes from wages. But no wages, no taxes, no salary for me!
Jack. Not secure at all. Which job is secure, really when you think about it? Even your gig can go under without prior notice.
Our economy's architecture is similar to that of a spider's web. When one string snaps, the others will feel the strain. Some are stronger than others and can withstand the pressure.
I'm in a manufacturing company, and what's going on in our country reflects how well we're doing. It doesn't take quarterly reports to see that.
Not secure at all. What is scarier is what happens when I lose it. Nothing opening up and the states going broke with no funds for unemployment. Not a good situation at all.
Fortunately, I'm part of a small technical staff. The perception is that since there are so few of us, there is not a lot of dead wood. In this economy, I'd rather be on a very small staff than in a very large one.
Looking at most of the comments I would have to say a lot of people are concerned about their jobs, just as I am. If the majority of the American people would have or will in the future "BUY AMERICAN" would/will we be in this situation??
Talk about a trickle down economy, this would be the best economic policy I have not heard from any political party.
BUY AMERICAN MADE PRODUCTS
I feel fairly secure. I am employed with a major medical school with direct ties to a nationally-recognized teaching medical center. Everybody continues to stress that education and healthcare are two good fields to be in right now, but of course, like everything there are no guarantees in life, but I feel fairly comfortable. That does not mean this does not effect me in many other ways. I have 3 kids in college, and their expenses are growing, and I worry for them and their futures. My heart goes out to those who have lost their jobs, or are at risk of losing their jobs. I hope that we can all get through this and there is some semblance of a light at the end of the tunnel.
I think my job is fairly secure, but I suspect a lot of folks who got bad news in recent weeks did as well. It's getting harder and harder to be 'glass half full'. I'm holding my breath until things start to turn around.
I have lost my job twice in same year same company. I closed my plant in Dec of 07 staying with company till May 08. Took another job at different company but talked into staying on at Corporate office. November took another pay cut then in Jan annnounced company was closing its doors. And to think President Bush just visited our company in 05 and told us how great things were going to be.
I feel very secure. I am retired and volunteer.
Not really. Harley-Davidson employee here, scared as hell and no where to go...
I have seen the wages go down for Americans for the past 20 years. The cost of living has gone up the roof but the Companies are not put forth the wages that go with price increases. Also why is that the State Dept allowing mre work visa's in this country while we loose our jobs. So who is incharge the foreign gov'ts are they get their anual gov't funding from the tax payer and they want demands from us in giving them our jobs at our expense.
I think we should stop the free trade and deny work visa's untill all americans have a job and when all americans have a job and if there is anything left over we might help.
I work in state government and am vested so my job is quite secure but I sure as hell can't afford to retire anytime soon.
i work in a casino and it seems so far that these people feel bullit proff. they just keep wasting their money
I feel reasonably secure that I will not lose my job for the next six months. It would be foolish for anyone to project further out than that. I was just part of a 10% pay cut that was applied almost across the board. Some people got bigger pay cuts, some smaller, some none at all. I'd feel a lot more secure if I were in the no cut category, of course, but I'm grateful to have a job. I don't think the pay cuts were a sign that my company is in trouble; I have seen the financial data, and we are actually doing okay. I think the pay cuts were made because the company felt it could get away with it, and to position itself better for the future.
I will be trying my best to work hard and be an asset to my company over the next six months, and hope to keep on hanging on.
The organization I work for is deeply in debt, run mostly by a group of incompetent blowhards and is the most secure place you can be nowadays – the United States Federal Government.
I just returned from a 4 month medical leave and was told that we don't need you back right now.
Inglewood , Ca
As a soon to be college graduate, I am more concerned with the future of the job market. I guess I should find comfort in the fact that all of our tax dollars just bought Citi a new jet. I guess that jet will help them create new jobs. I am glad my college education prepared me to be a steward on the new Citi corporate jet.
SECURE? I didn't think that word still existed, not since the early 80's anyway.
I work in the legal dept of a muliti billion dollar company. The attorneys that I work for are very high maintenance and as a result I take care of everything for them (whether business or personal) so I think that my job is secure; however, if they lose their jobs I might be in trouble.
Job? I am unemployed since 12-2007 and 412 resumes later I have given up.
What job? Already lost it.
Jack, I am self employed (incorporated) and am looking at laying myself off. Or maybe I'll just impeach myself. Then at least I get to tell the morning shows how unfair it is.
How safe is my job? Millions of jobs lost this year and did I hear that was that 68,000 were lost in one day? Our employment is like a house of cards. You pull out the wrong card and everything will come crashing down immediately. No one is safe.
I am horrified that we are giving taxpayer money to the corporations that have feed off us like vampires, and continue to do so. Citigroup even has the gall to buy a faster jet so they can suck us dry at an even faster rate. Did we really think that Enron was going to be the only example of corporate greed. This is the year that corruption and corporations became synonyms of one another. The only way we are going to have jobs is to build small businesses in the areas where we live and look real people in the eye. We have to learn again the morality of right and wrong and that we have to depend on one another in our community to survive.
I'm barely putting food on the table with my current job. I hope that things will get better, but we're in a downward spiral that isn't stopping anytime soon. More bailouts and stimulus packages are only causing more inflation and destruction of the dollar's value. How secure is your job?
I feel secure in knowing that I have a great position in a small health care industry business. We're like family here, which makes it perfect for me. I'm just hoping the health care industry remains stable.
Miss South of Houston
Jack, I have owned my own business for 11 years it has had its ups and downs but NOTHING like this ever, its getting worse by the day! I'm still some what secure in my job but my income has now been cut in half. To put it bluntly I'm scared.
The greed of U.S. companies has finally caught up with us, as we continue to move jobs and production offshore we forgot that the biggest consumers of those goods are Americians themselves. We need to start inforcing our trade treaties with other countries. How can the biggest importer of goods pay for products when there are no jobs for middle class Americans. It's called checks and balances and last time I looked we forgot to check because we are way off balance!
Sorry, just a thought... my wife works as an OT at a Chicago hospital... so far they are needing to be staffed... never ending sick elderly people
I am very fortunate. I'm semi-retired on Social Security and manage an apartment building that has been owned by the same family for 32 years with an older, settld crowd, so I am really one of the fortunate ones. Had I stayed working at my old job, I'd be laid off by now
One of the (very small at the time) factors when I chose to be a teacher is job security. I had friends who went into engineering and IT jobs because they could make $60-80k a year. Due to their frequent layoffs and industry downturns, I have actually made more than them in the past five years, most of them are laid off right now.
Teacher in Texas
I work for the government and Obama was elected, I'm as save as good be!
My job seems to be secure. I work part time in a trade. We are understaffed so that makes our labor percentage low. Our low staffing affects how many customers we are able to service and the wait time is longer but our low prices compensate.
I don't feel very secure at all, Jack. Our core client base is comprised almost exclusively of banks and brokerage firms. Every merger, acquisition or bankruptcy eliminates a prospective customer from the "pool." Those that remain are making fewer purchases due to spending constraints designed to help them weather the storm.
I'm low man on the totem pole, so I'm a bit anxious about all this. No business, no jobs. It ain't rocket science.
I work for a privately owned brokerage firm and, believe it or not, feel very secure in my position. Because we never have been and will (hopefully) never be publicly traded, we aren't bogged down with the trials and tribulations that have befallen some of our other major competitors. Most noteably, A.G. Edwards, which took a mighty fall last year. Though open positions are limited, we continue to hire new Financial Advisors as well as home office associates. I know it's not good to get too "secure" in your position in these hard economic times, but I feel confident in my position with my firm.
I am very worried. I had to stop paying some of my credit card bills to make ends meet – now I'm paying my rent, utilities, daycare and groceries and still having a hard time at it. I am very worried about my job – if my tenants move or leave (office real estate) there my job gone. I'm educated have a decent job – how could this be happening – wasn't it always taught to us that those who work hard will make it? Is it ok if I cry foul now?
I work for the largest telecommunications company in the US and I'm just a number. At any moment my number could be up for elimination, but I could walk out the door and be eliminated a million other ways as well.
We are seeing something we thought we'd never see – the great fall of the great empire....Kind of now realize what the Romans must have been feeling when they experienced the same exact thing so to speak!
Look, we have pretty much consumed ourselves to death! We have outsourced everything we can outsource because of GREED! Oh yeah, what about that old saying "GREED IS GOOD"....your big fat SUV is where you will most likely end up sleeping alongside your big screen T.V., ipod, iphone, fake hair and god forbid lying on fake pillows aka implants!
Let it fall, it's all an illusion anyway!
I feel very secure, I work at Walmart as an asst store mgr. Things are looking good.
It is imperative to stop to spread bad news that will contributes to worsen the economy. Most of these news are psycologically affecting the people that sell the stocks damaging furtherly the economy. This is a chain reaction and the media is fueling it. Just stop and focus on good news rather than bad news all the time. I also realize that bad news have more attention from the readers/listeners and that improves the performance of CNN news but in crysis times everyone has to pay its price including CNN.
I do not feel secure at all. I work for a small, family owned business, with only 3 employees (including me). The employees are not family, the bosses are. We've already been told that if health care becomes government mandated for us, we should just not come to work because my employer refuses to destitute her family in order to provide health care for mine. That will be the day she'll close the doors. It's hard to get up and come to work everyday knowing that it could just be a news rumor that will land my husband and I on the street.
I used to think I had a crappy job, but now I'm thankful I still have one! I work for a small company and I know the owner/boss is feeling the crunch, having already let go of our part-time workers. I just recently got a decent raise and it's still hard to afford my car payment, rent, student loans, credit card debt...and I still live with my mom! Looks like she's got me a couple more years :(
No fear whatsoever! We are VERY lucky and have not had to sacrifice yet. I do say yet because I know anything is possible in this economy. I'm sure the people at Microsoft never saw it coming. I just pray everything gets better in a hurry. I know lots of people are hurting.
Is this a gotcha question, Jack?
I have work the past 3 out of 4 jobs from home. My job is very secure because of the reduction in overhead for the company. Information Specialist/Helpdesk/Customer Service...ect., is becoming increasingly secure, if the company is smart enough to allow their employees to work from home. Imagine no traffic, no gas needed, and no unruly coworkers. What's taking US companies so long to catch on? The technology has been there for years.....
Trevor from Allentown, PA – Jack, I feel very fortunate to work for ADP. I work in the Insurance Services department and offer companies a solution for their Work Comp insurance that increases their cashflow and saves them money. Insurance Services at ADP is the fastest growing business unit within ADP, which is really helping because with all of these jobs gone ADP has to be hurting as a payroll provider. Insurance Services is actually hiring and we're expanding our office. My heart goes out to all the people in US who are laid off and are having a hard time paying their rent/mortgage and trying to put food on the table. I thank my lucky stars everyday that I'm with ADP, one of the very few AAA-rated companies in the US.
Job? What's that?
I am a college student in California. I currently wait tables and we have all noticed the downturn in business. What really concerns me is trying to find a job next year after I graduate. This economy is miserable.
I looked for a job for about 4 years and never found one.
After sitting across the table from a bunch of clueless adolescent H.R. Directors and other assorted department managers(interrogators-LOL), it didn't take long to realize they would rather hire a younger recently released child molester than to hire someone over 55.
I finally said to hell with it and started drawing Social Security.
I had 35 years experience in the computer field starting as a computer technician and moved up to systems manager, network administrator and finally Oracle database manager on Unix servers with MS clients. I quit that job because the new IT department manager was a moron.
Piss on all of them.
My hospital is slated to close in July of this year. It's part of state budget cuts, and general government incompetence. All the psychiatric hospitals will be closed in my state by 2012; mine will be the first to go. The state, in its infinite wisdom, believes private agencies will come in and do it better, and cheaper. They're using North Carolina as a "template". That would be great...if it worked! North Carolina lost over 400 million dollars when the tried to privatize, and they're in worse shape than ever.
And where will these patients go if there's no one to take care of them?
Ask the county sheriffs, they'll tell you: To jail.
So, when I lose my job this summer, I'll have to move somewhere where mental health workers are welcomed. Neither my community, nor y state is one of those places. Whatever the outcome, I'd better not become too depressed, I might wind up in jail.
Somewhere in the great state of Georgia.
Every day I feel grateful to work for a large private company with a no lay-off policy, in an industry that's seeing massive lay-offs (manufacturing). The senior management at our company made wise financial decisions in the past so that we're well situated to weather this storm and plan for future growth. But it feels like being in one of only a few life rafts, while the economy is a sinking ship. My heart goes out to every person who is struggling to make ends meet, and I wonder where that $700 billion went. It doesn't look like it's saved any jobs, or mortgages, or... well... I just don't see it. Where is it? Does anyone know?
Have you all noticed the numbers of middle-aged people working in fast food joints? They used to be filled by HS and college kids. Not entirely the case anymore! Hey, if I lose my job, I'll try to get one of those fast food jobs. (I work with the gov't, but nothin's sure except "taxes, death and trouble," as Marvin Gaye sang it!)
Using "secure" and "job" in the same sentence is an oxymoron. We all know that more jobs will be lost and that no one and no job is secure. We must hope for the economy to become "righted" again by many forces coming together slowly over time – way too late for me to have a portfolio again for my retirement.
Jack, I know this won't apply to everyone out there but I think if we're going to get through this economic downturn, some people are going to have to change careers even if it means doing something you never imagined yourself doing before. I work in custodial & janitorial care and I feel pretty secure in my work. We're a nation of hard workers, who never used to be afraid to get our hands dirty to bring home the bread. Maybe a bit of elbow grease is what getting through this whole mess is going to take.
I gave my notice at work last August that I wanted to be off the payroll by the end of the year 2008. I had what I thought would be a goodby meeting. The next thing I had to consider was a $90.00 a day raise when working by the day, or $3.00/hr. when working by the hour. I am still employed !
Even if we're lucky enough to have a job, we're scared it won't last so we're all cutting back. I know I certainly have. Groceries, gas, who goes out? And of course all this "tightening" of our belts only means that we're spending less at places that needed our dollars in the first place, so now they let people go.. .and so on.. and so on...
For the first time since the early 80's, my hubby and I (who both currently have jobs) are really scared......
Been there, done that a number of years ago. It is not pleasant. Happy to be retired now, except for vanishing investments. Might have to work again, but what a time to be looking. For those currenty looking, hang in there- somehow you will make it.
I'll let you know when I finally find one, Jack.
So far my job appears to be secure, as we have wonderful and caring management, but the economy is very fluid these days and I don't know if I'll be working in six months. Like everyone else in the country (or world, for that matter) my IRA and 401k accounts have taken a major hit, and since I am approaching 60 in a few months, if I DO lose my job I am uncertain about the possibility of getting a new one with good pay and benefits. My husband is retired on Social Security Disability, and we have my elderly father living with us, so my salary has to pay the lion's share of expenses. Still I realize we are much better off than many, as per the postings evidenced here, and I wish all of those facing difficulties all the best of luck. We are ALL going to need it...
I'm a tenure-track professor in science. I am not worried at all. There will always be folks retraining due to their choice in careers initially. Everyone is looking for the career that is hiring so I will teach them. Why do I feel so secure? Because I worked very, very hard to get to where I am today with multiple graduate degrees (including multiple PhDs) to back me up. I put in my time and I am secure for it. Now, the bigger issue? Not getting paid enough for the incredible amount of work that I do. My students make more money than I do when they get out into the workforce. That is wrong on so many levels....
I am a tenured professor. I won't be fired and I don't have to worry about a pay cut. But, even though I have a comfortable living, I am very concerned for the economy and will do what I can to help stimulate the economy. Just bought a new car today (foreign company but built in America) and am looking into potential investment property. My retirement is down 40+% from the high, so I am continuing to put money into stocks every month on the theory that when I retire 15-20 years from now, the DOW will be at 30,000 and I'm going to get a decent return on the investment I make now. If not, instead of feeding the birds in the morning, I'll be throwing breadcrumbs to the homeless on the street – because I'm a liberal, and the little people should at least have breadcrumbs.
I'm secure today, yet my company is letting people go almost daily. Seems like my entire industry is working as non-profit entities. Even the work we are able to get has such razor thin margins its not worth doing. All it does it sustain that days business. As the construction work continues to dry up, the amount of people bidding the remaining work is exponentially higher. Consequently, no one makes any money on the job, including suppliers. Also, the tightness of money is starting to erase the trend of using green building products and instead going with the cheapest possible alternatives.
I am not sure how secure my job is. As a right-out-of-college biological research assistant working for a state funded institution; I do have some security. I know more about what I do than anybody else, so finding a replacement would be very difficult, although, not impossible.
I'm a 47 year old unemployed music teacher. How do you think I feel?
I have had interviews with 22 school districts for the past seven years. I am very frustrated at not being able to follow my passion to be on the conductor's podium. I don't ask for much.
My job is incredibly secure. I work in Law Enforcement, and as the economy goes down, crime goes up. People thought I was crazy to leave behind a budding journalism career 5 years ago to pursue life as a cop, but now I'm the one with the secure job as thousands of journalists are being downsized.
I am a single mom with two kids in elementary and middle school and I started feeling the insecurity with my job and finances beginning in October 2007 when my hours were cut . I am more worried about my company having to go out of business rather than being laid off right now. although we have lost many co-workers and friends already. I am worried that our company won't last another two years of a terrible economy. I am so stressed with anxiety and worry that I just don't know if I can handle another blow. I am hanging on only barely – no savings – certainly no 6-8 months of savings that the financial experts say we need to have. It seems as though the middle class and poor are just fading away and I am very scared.
I have been working as an IT contractor for the past 3 years for a major truck/auto manufacturing company. I have been told that I will be employed through the end of February and that all contracted positions with this company will be eliminated by March 31st. "Due to budget cuts, The light at the end of the tunnel has been turned off!"
I work in the semi-conductor industry, an industry I like to think of as the "canary in a coal mine" when it comes to sniffing out impending recessionary troubles. That being said and given the current state of the world market I am definitely a bit concerned about my future in this particular industry. This year my company announced that no bonuses would be paid out in 2009 and that we would be taking a 3% pay cut, nights one, and a 5% pay cut nights two. The company has also been "cutting the fat" across the board. The L word hasn't been mentioned but when I come in every week and hear that so and so was let go it starts to generate a general sense of unease and lets be honest here, paranoia.
I think the age of the American super consumer is coming to a very abrupt end and I honestly believe things are going to get a whole lot worse before they get better. Search for Peter Schiff on wikipedia and read the "economic views" section. He basically predicted all of this and his predictions for the bottom are very dire indeed.
I hope nothing but the best for everyone out there. Good luck and hold on tight, it's going to be one hell of a ride.
As a retiree I feel safe until my pension and Social Security collapses. I have deep feelings for the working class because in 1954 I had no job no money and three kids. When I got to a five figure income, I would have been devestated to be in the same situation people are today. I do believe we have a good government today to rescue and put those who need it on a path to health and properity. Gene
My job secure, I cant be fired or layed off and my company is always hiring. So serve your country and join one of the armed forces.
What job ? – been laid off since last November. Things would get better faster if all of these big companies wouldn't lay off thousands of folks just because their profit margin takes a little hit. Once again – greed is what is doing us all in.
As an attorney for a firm that specializes in shareholder litigation, I feel pretty secure at the moment. It's one business that is doing pretty well in this economy.
I really thought my job was secure...I just joined a new company about six months ago after eight years with my previous one. Now, just this past week, this company that was "recession-proof" is talking about layoffs if we don't get business back. How secure is my job? I'm really scared at the moment.
I also have a house I bought in 2005 with a $1,600 mortgage. It's now worth just 25 percent of what I bought it for. I'm more than $150,000 upside down in it.
I used to feel secure about my job. I work in employer relations at a college career center. We used to have hundreds of employers recruiting with us, but that has dwindled to a few. We had 120 at our career fair last year, now we have 60 companies signed up. Every day one of our clients announces layoffs. It's scary. I'm a civil servant, so my job isn't as insecure as contract professionals – unless the state government goes broke. Which is quite likely.
I'm fortunate that my field has actually grown with the recession (I'm a paralegal), as people file more lawsuits as times get worse, thereby creating more work for me. It upsets me, though, that people go to these lengths to reach into "deep pockets" because they hurt so much. It must mean that they're really running into trouble if they think the next slip they take in a supermarket can mean a mortgage payment or two.
I am a 24 year old recent MBA graduate. I have worked for my company for 3 years and been promoted twice. Our company about 6 months ago hired hundreds of new people. Two months ago, they started firing 8% of our work force. Our company was doing fine until they made a poor choice of an aquisition, which caused a substantial amount of debt. It is likely our entire company will go under, causing my job to be very unstable. I went to school to get my degrees to ensure I was able to secure the high paying secure jobs. Now I have a decent job, and the publicly traded company that is supposed to serve the best interest of the stockholders did nothing of the sorts. There are very few companies hiring at the moment, and being that I haven't been working long, the money I have saved is not substantial. It is very scary as a young person to enter the work force. Welcome to the REAL WORLD has never been a scarier phrase.
Americans are all nervous about their job. We watch our bosses flaunting away company dollars as if their is no end. But for the most part the employees are loosing their bonus, pay raise and other benefits. So the real question is, how can we fire our bosses? How do we build trust and morality back into American Companies. My neighbors are moving to China because they are hiring. I may just join them to teach the Chinese english.
I have taken the approach that it is inevitable that I will lose my job this year. I have started taking precautions (cut down on spending, increase savings) so that I can be as prepared as possible. If I am one of the lucky ones who survives, I'll be that much better off come the same time next year. And if not, I'm hoping that my advanced pre-acceptance (emotionally) of losing my job will allow me to enjoy my sabbatical in the mental asylum.
I feel rather secure only because I am a recent college graduate and am a considerably cheaper employee than others who I work with. I work at a marketing firm and have already survived two rounds of lay-offs. It is depressing watching my higher-ups walk out the door, uncertain where they're going to find work. My duties have increased with the lay-offs but I don't expect my salary to increase anytime soon. Not complaining, just happy to be here.
Boyfriend and I were talking about getting married this year. The way things are looking, we're probably going to end up at city hall. It feels too frivolous to try to plan a big wedding and suck up either our own or our parents' incomes. Fortunately I love him too much to be really sad about not getting the dream wedding.
No one can say they are safe with their jobs. You better thank your lucky star if you have one!! I am a 68-year old female that will work the rest of my life and pray that I can hold on to my job..if not, I will be on welfare as no one would hire me at this age!!!
I work for a The University of Iowa Childrens's Hospital. Both my wife I work here, I've been here for about a year now, my wife about 6 months. We are starting to get a little scared, the hospital is in a defceit and the University as a whole isn't doing to good. A lot of university buildings were damaged in the floods here last June, the hospital was not touched, and no one has been laid off....yet. They keep telling us that there is no plan for lay offs, but who really plans for lay offs? With being a the medical industry I thought we are "pretty safe" but in today's world, that statement is holding less and less water. We are about to close on our first home, but now I'm starting to feel a little sick to my stomach thinking, "when's it coming??" Neither my wife nor I can afford to lose our jobs. I go to work everyday a little more worried then the day before.....
I build engines for Toyota. We have been told as late as last Thursday, that Toyota is committed to the long term stability of the company and its employees. So far we have seen over 3000 team members in Texas and Alabama go 3 months with no production, and not one was laid off. While our production has gone down, we are still employed. I have every belief that I will stay that way. The plant at which I am employed currently has 180 team members without a process to run. All are still employed. Toyota is the definitive example of lean manufacturing and company stability. We will persevere and Toyota will come out of this with an unprecedented level of employee and consumer confidence. I have every belief that my job is not going anywhere!
Instead of saving, the American public has been encouraged to spend every dime they have, and more. This has lead to an overheated and unstable economy, bolstered by an unregulated (and unscrupulous) lending market. Americans should be encouraged to save so that they can withstand rough times like these. Too many people are upside down economically now. Once the flood gates opened, they were impossible to control. This has lead to people losing their homes and jobs. I hope any type of recovery will be based on solid growth rather than uncontrolled and unregulated growth that lacks a solid foundation. It appears that a quick fix is impossible, and probably unsustainable.
I'm self employed and I make signs. If Obama's economic "let's spend a trillion dollars" package is allowed to pass, I'll probably have a lot of Going Out of Business signs to make because Obama doesn't have a clue what to do with the economy.
I am a police officer. I got into law enforcement because I felt that it was a job that would never be eliminated...every city or town needs police. But with the current state of the economy, the massive deficits to state and local governments, and the lack of funding reaching these municipalities even that belief has gone out the window. I worry every day going into work that I'll be given a layoff notice because my city government is running out of money.
Nobody's job is secure, which also translates into nobody's health insurance is secure. Except for the Congress. Why don't we make the entire congress give up their health insurance and be forced to go out into the real world shopping for health insurance...Maybe then they would understand the state of emergency the rest of us live with.
jobs like anything else in life are never guaranteed. lots of hard working people getting stiffed left and right in this.
if enough damage is done, noone will work... but the real point here is why is there not more outrage and blame placed on our incompetent former leaders for their misguided wars ( yes they do cost money and lots of it )and their cronys – the ceo's taking govt handouts for their insolvent firms and converting these funds to bonuses
these people should be on a deck of playing cards with their misdeeds noted under their picture – where are the richard perles, the donald rumsfelds, the dick cheneys, the william krystals and paul wolfowitz's of the world now. why arent they being held accountable for tanking our economy becase of their foolish and treasonous conduct?
One Indian outsourcer a year ago said he practically can outsource any single position from the west to India.
Should not we stop that first? Otherwise, isn’t everything else is a BS?
I feel secure. I was passed over for a promotion last summer and thought I would start looking for a new position elsewhere. However, I will stay where I am for the foreseeable future. I've been here six years. I don't want to switch jobs and be the "last on – first off"
Been there, done that, don't want to repeat it.
there is no job security in this day and age. The only thing we all can count on is being taxed and death.
I work in the defense industry and I was pretty confident I would have a job for a while until today's news. Even though I have been told that my job is safe and there will be no "layoffs", I can not see how that can be true for very long. Things are the worse I have seen in my 40 years of life and I can not see how every industry will not be effected.
i think the fact that we even have to discuss job security shows that there really isnt that much job security. Even if my job is safe right now, i'm definintly a little paranoid.
Some what secure because I work within the medical industry that seems to have the ability to weather the economic uncertainties that our country is drowning in today. Yes I would like to blame the Bush administration (who I voted for) but today more then ever you have to take into consideration that most if not all of our elected officials in Washington on both sides of the aisle have failed the American citizens terribly. Our country has brilliant people who sent out the warnings signals, but Washington chose to put them on hold or mute! Let’s hope this economic uncertainty changes its direction by the second quarter of this year. I am not sure how much more people can take Jack. (Great show by the way. No mincing of words from your point of view. Keep up the great work)
Well personally, I am not too worried about my job. I am a Nurse and right now there is such a shortage of nurses that I don't hgave to worry about loosing my job. Unfortunately for others, like alot of my friends they are scared as they don't know from one day to the next whether they will be able to have a job or not. Welcome to the Great Depression II.....
My husband's job is secure because he is a physician for veterans and we are making new veterans every day. In addition, he receives about 2 phone calls and 2 emails each week from physician search companies who are looking for new doctors. He's an old doctor, so he isn't moving. When are the states going to increase the size of the medical schools? We can't solve any of the health care issues without new doctors.
How about every thing that sells in the present day economy, cuts the price by 30-35% either overnight/in a gradual manner for next 6 months. This includes taxes and premiums. The Govt. and financial institutions bear the deficit. I am sure the jobs will comeback and rejuvenate the economy.
1. I have a job that seems secure for the time being
2. My husband is unemployed
3. Our house is worth way less
4. Our 401K (30 years of prudent savings) in now worth half
And the SAD thing is that I'm so damn grateful for the job! So, yes, my job is secure and I'm grateful.
I'm glad the US Currency still references, "In God We Trust". That is the only security I have in these economic times. When an estimated 60,000+ job cuts have been announced in one day does it make sense to trust anyone else?
I am disabled and get Social Security now, but I just hope that the economy doesn't get so bad that the Govt needs to cut it. Especially after all the years I worked and paid into it. I know it's pay as you go, so it's paid by taxes of those who are currently working, which means that what I paid into it has already been paid out to earlier beneficiaries. But it's not just about me. I also am empathetic for those who are unemployed or underemployed, they need jobs for themselves to live and provide for themselves, not just to pay the FICA taxes that fund Social Security. I'm genuinely concerned for their well being, as well as my own.
St. George, UT
Jack after 11 years in the Armed Services and contemplating shifting to the Civilian market. I can tell you myself and A LOT of other servicemen/women are reconsidering the thought of a transition to an extremely volitile job market.
Well, like others who have posted here, my last day is this Friday. But I'm already working on my next job, which will be to start a non-profit teaching people how to live sustainably, and how to make the most of the next job they can find. Meanwhile, you're all invited to join me on The Great Unemployment Festival of 2009 group on LinkedIn. I suspect this will be quite a party before it's all said and done.
I felt really secure in my job considering on January 6th I got a raise. In this market....didn't think that would happen. On January 21st I lost my job. Drove the fifty miles to get there only to have to turn back around with a pink slip in hand.
Job Security? Well, I teach.
I work for a fairly large non-profit agency that provides residential services among others things to youth. It has a reserve that is suppose to be enough to last this economic struggle, but I wonder. They recently announced that there would be no raises, but I can bet their going to be cutting our paychecks pretty soon. Individual counties pay for these kids to be here to recieve services and when funds are cut, there won't be anyone to provide these services to =(
My Job Jack ?
Way too late for me to worry now. I lost the real decent one back in 2002.
However, with the global downturn, i bet some Mexican or South Korean is starting to worry about losing my job now.Trickle down.
Keeping my head down and working my job responsibilities everyday-hoping all this busy groundwork will lead somewhere.
I think some companies that are laying off employess don't really need to – they are just protecting profits, favoring shareholers over employees, as they always do. The current climate gives them "cover" to do so.
Why is it all I can remember is Ross Perot talking about the giant sucking sound that is NAFTA.? Both the Democrats and Republicans supported this travesty while millions of Americans screamed at their TVs. With all the talk about penilizing industry for sending jobs overseas, why has nothing been done? I suspect many politicians pockets are bulging. Save us Ross!!
I feel pretty secure since they haven't done any layoffs at my work. However, they have announced that for the next year no one will be receiving any raises & they have taken away our bonuses as well. But I'm grateful that I still have a paycheck coming in every month. My heart goes out to those that have been greatly affected by the economic crisis
I'm worried about my job security all of the time and have been preparing for a lay off for months. It seems the only people that aren't worried about being fired around here is the state legislature. Last week they announced a bleak financial outlook. So bad that they were forced to cut medicaid and were laying off several state employees...that same day they voted themselves a nice raise...must be nice.
I'm worried that I may lose my job especially since it seems like the republicans are determined to work against anything President Obama wants to do even if it's good for the people. The repubs. have their jobs so what do they care just as long as they can make things as difficult as possible.
As long as there is a little known goverment agency called the IRS, we are secure.
I was laid off by AIG in 1998 after they bought the small company I worked for. I've been doing consulting ever since and love it. I haven't been impacted yet, but I see it on the horizion. One of my clients was in today's news.
What angers me most is the fact my tax dollars are going to bail those bastards at AIG. They should have been forced into backrupcy and sold as pieces.
Not at all secure. Right before Christmas my hospice downsized some of us and terminated other employees. A very tenuous environment!!
Years and years of incompetent policy makers taking care of them selves and their buddiesfull full of greed. Deregulation is what the doctor ordered, preeched by these so called 'experts'....
It's judgement day for all of us, paying a high price for all the mistakes by our represenatives. I so hope Obama will deliver what he said he would do.
My job is relative secure, based on what the company I work for has done to preserve spending...but hey...time will tell if that was enough.
Good luck everybody that has not been so lucky or is about to get axed
Mine's real secure – I'm unemployed.
My job is not as secure as it once was, and I know several in my small southern town who have lost their employment. Many others have a bleak future as well. Let's pray that things get better soon.
Im Secure. Im an ICU Nurse and no matter how bad the ecomomy gets people still get sick. The problem is people can't afford their meds so are not taking them and ending up in the hospital longer and sicker
Ha! Yeah, right - I haven't held a steady job in over ten years. Many of you forget about those of us who are disabled. It is even worse for someone like me; I've had two heart surgeries and a stroke in the last decade.
I can't speak for everyone, or even for everyone who is handicapped. But I can tell you that it is doubly-hard to find work when your resume is so thin, and when you are in your mid-thirties as I am.
Jack, I am not afraid of losing my job. I am concerned that I will stuck in this job making half of what I used to make. I am blessed and thankful to have a paying full time job, but I desire more. No more complaining because others are suffering right now.
I have been laid off twice before I got this job. Nothing is guaranteed any more so I take one day at a time. Just do my job the best I can and hope for the best.
I once thought that working in higher education would guarantee some stability; but one has to always prepare for options in other fields rather than get too comfortable in one.
I work in the service end of the Automotive industry. I have always been able to provide for my family working at new car dealers, now I live from paycheck to paycheck and have to decide what bill will or wont get paid. The dealer I currently work for is holding on for dear life and says he will not let his store close, so in a nutshell I will also be unemployed at some point this year. I do find it very ironic that as I try to feed my family and pay my bills on a commision that has dropped by over $800 a month that Citi is buying a $50,000,000 FRENCH corprate jet with our bailout money. Thanks to all that recieved money from the TARP program, I am glad that they are using the money so wisely and I will use my Citi credit card now just as wisely...BEFORE I FILE FOR BK.
My home is currently in foreclosure. I have almost $25,000 in credit card debt that I can not pay. I am working right now but my company did more layoff's last Friday. We have been trying to live on one paycheck for almost a year and it is impossible. I don't smoke, I don't drink I don't go out to lunch. I buy nothing but essentials and gas to drive to work. I keep waiting for the next bad news.
I work for a large bank, supposedly one of the more stable ones. Its strange how everyone said a couple banks were the strong ships in the stormy weather but then the stock prices dropped. The earnings are way down, and it worries me that my job is in jeapordy. I never thought I would see the bank stocks sink to such lows. Everything has changed. I'm a conservative, but I support President Obama, because hopefully he can bring us out of this.
My husband, a physician for veterans, doesn't worry about his job because our government is making new veterans all the time. But he receives about 4 job offers/week! When are the states going to increase the size of the medical schools to keep up with the retirement of current physicians? Physician recruiters also must have no employment worries.
My job went over seas over 2 years ago. Since I am now over 60 and live in Michigan, I guess you could say I was unwillingly retired....I have no prospects.
My husband took an unwilling retirement (retire or lose your job) from his company 8 years ago at age 55 in order to protect his retirement plan and benefits. You know what is happening to those!! Then there is what the financial crises has done to our savings..............and still we are better off than those many folks with young children still to raise. My heart goes out to them.
This is a crises that began years ago when the government allowed and gave tax breaks to corporations out sourcing jobs and allowed them to seek tax shelters off shore. As jobs bled away, citizens were told to "retrain" for the future. Heck, lots of us just are not suitable to become biochemists and rocket scientists.
So, I ask, WTF were our past leaders thinking???? The chickens have come home to roost.
Rochester Hills, MI
My husband and I are both special education teachers. Thank goodness! I have several friends in the IT field who are currently looking for work, but it seems that education and health care are two stable fields. Regardless of our current luck, however, my family is socking away extra money and cutting back on "fun" things like cable TV, dinners out, and trips.
How Secure are you about a job – - Not at all, and will not be until review of current Business Structures are reviewed. Greed, lobbyiest , analysts, stock, bottom dollar, have ruined the economy of this country, how can you justify a CEO pay bonus of 42 Million, when all it took to earn that was to put people out of work,with "restructuring/transformation" layoffs to get the money, a crack addict on the corner can do just as good with that decision. Only when bonuses for CEO's are determined, based on job loyalty keeping personnel employed, will we see success, turn in the employment or lack of employement and reduction in layoffs.
Unless you are a CEO – you are not secure. Why doesn't CNN, report on the companys payouts to executives when announcing the layoffs.
Michigan never recovered from the recession back in 2001. Now, 8 years later when the rest of the country is feeling that same pain, everyone is finally paying attention to the problems but it is too little too late. No jobs are safe.
I think i have one of the most secure jobs next to mr. Obama. Im a Treatment ast. at a mental instution for the crimally insane. If people keep loosing there jobs the way its been the past two years the next and only thing left to go is the mind. Weve seen and increase in crime in my county and record number of admissions. Some folks just cant handle being home all day with there love ones.
I work for education county department in California. I feel very insecure and nervous about what will be in store for our department come next fiscal year. Very scary....
I just want you Jack to tell hannity, limbaugh, reilly, beck, and all the silly republicans to blow it out of their windpipe.
not secure at all since i am now unemployed
My job is fairly secure - my life? That's another story. I teach high school in the inner city.
so far my 2 jobs are holding their own. not sure Im holding up very well but hopefully mr obahma will get us out of this hole. if the housing market doesnt purk up though the retail industry is going to wither up and die... Home Depot is just the beginning....
My occupation is very secure. I am an Adjudicator for the Department of Veterans Affairs and we are hiring right now. I have been employed for the VA since 1991 and we have never had a reduction in force and we dont expect any in the future. We will always have Veterans and we are here to serve every single one of them.
I work in healthcare. My job is probably more secure than yours Jack.
I recently got a very good position through an agency AND feel soooooooooo lucky to have this office job.
I'm no Bible Beater AT ALL...but the power of prayer really helped me out!!!
THERE IS ALWAYS A WAY PEOPLE!!!!!!!!
Jack, there is no such thing as job security, unless you are a national politician. They are effectively set for life by serving only one term – great insurance, pay, etc. Most of them make a career of it and fear nothing.
The rest of us wake up every morning and wonder if today is it. We look at our children and obsessively worry about taking car of them now, and what horrific burdens they will have placed upon them due to greed and corruption in the private sector and govenment.
Bernie Madoff, Ted Stevens, they were just unlucky enough to get caught. Too many others will walk away from this mess, leaving us to drown in it.
JOB SECURITY!!!!??? These words are not in the House or Senate's vocabulary anymore! Not sure about Obama's...My parents told me one time that the ONLY guarantee you have in life is "you were born to die"! No security here!!!!
My husband and I own a small business and we are super busy...with foreclosure properties. The people of this country need to be more self sufficent. We need a correction here. We need to stop buying cheap junk from Walmart.
One of my relatives were complaining that she was soooo broke. Her family makes over $175,000 net a year. I DO not feel bad for people who complain when they make that much money.
I was laid off in July and very fortunate to find a better job quickly. The three weeks I was unemployed were three of the most stressful weeks of my life. My current employer tells me my job is secure at the moment, but the layoff has left its mark and I will unlikely ever be secure in a job again.
My wife (working part-time)and I are working hard and smart. We will make more money this month than ever in our lives. A lot of my friends are also making a lot of money right now.
I am usually very conservative with my money but plan to spend a lot this year. There a lot of good buys available right now.
To my countrymen I would say our leaders have failed us badly the last few years, allowing greed and silliness to overwhelm their decision making. But that is behind us now. Expect more intelligent and good-hearted thinking by our American leaders. You know, this is only a recession most of us are concerned about. Hopefully the media can keep this in perspective and not hype it up too much. Our economy is too strong for this recession to last much longer.
Thank you Jack for hosting these blogs.
I feel fairly secure; I am a cashier in a one stop shopping store that is the second highest grossest one in the country. Since no one wants my job I can keep it and get the hours I want. But I don't work there by choice, and the current economy makes it difficult to find a more lucrative job in my chosen field. And when I do find one, I'll keep the retail job on weekends because it's a safe bet.
My job is very secure. I am a high school science teacher in one of the top 100 public high schools in the nation. My school is growing, so we will be adding more teachers.
I actually wish teachers' jobs were less secure, because there are far too many below par teachers who keep their job.
I work at a non proit hospital in va. About 6 months ago we were sopposed to merge with another company however something happend and the merger did not happend right before christamas we seen alot of changes going on from ordering supplies to patitent admissions right after christmas we received notices that he hopital was having meetings all month long and that we should attend them in the meetings they told us that they are looking for another partner and that they have six months to find one they did not tell us what what happend if they did not. For right know we are not getting our raises and the other insentives that we would usally get the hospital looks like a gost town and I know a couple of weeks if not days this city will no have a hospital and I know all the people and my self will be out of a job that is why everyhwere I go to applu for a job I see my co workers OBAMA ARE YOU LISTENTINg AMERICA NEEDS HELP KNOW!!!!!!!
I work customer service for a television company and honestly I feel my job is secure. The reason I feel this way is because as many people call in trying to lower their bills, they still won't sacrifice and let go of some of the programming to lower their bill, which makes me think that no matter how much "help" they need, people are not willing to sacrifice to save money. Which so happens to work in my favor.
While I feel very secure about my job at this moment, I am using this as an opportunity to protect myself further down the road in case the economy is even worse later this year. To prevent myself from disaster in case I lose my job, every extra penny I have goes towards savings. There is no such thing as discretionary spending in my household anymore. Unfortunately, I know this decision is becoming common and has the potential to extend the recession even longer as Americans continue to hold back on spending.
I don't have a job. Thanks George Bush.
Jack, it seems the only people who are not worried work for the government... can't we let go of have of our senators and half of our representatives... make them work a little harder... or cut their pay in half... I mean they only work 100 days a year.
Teachers...be aware. Your job might be secure but your salary is not.
Jack, a significant contributor to the recession and job losses is because of the news media who love to sensationalize and dramatize the situation. Back in late 2008, the press just carried the media frenzy of the election right into the economy, and hyperbolizing things. You and your buddies are a big reason we are here. You have caused the public to slam on the brakes, which has stopped consumer spending. People are scared, and you are the reason why. Stop making things worse!
My employer is reviewing sick leave taken. I guess they are looking for abuse of it. We are a large employer so if they are looking to cut people that they wanted to cut anyway, maybe they think that is a good place to start.
Wall Street investment banks have been cannabalizing the US economy (taking their cut in the process). Until we reclaim our manufacturing job base from China and our IT and software jobs fron India, we will not have a real recovery. We need to repatriate all H-1B and L1 visa holders IMMEDIATELY so US workers can get preference for jobs that are rightly theirs.
Absolutely totally completely zero percent secure with my job. I'm in the semiconductor industry. The customer site I work at is in the middle of a second round of layoffs. My company is in layoffs. If the customer cuts back the contract with my company we are screwed. I got layed off right after the first Bush administration in '92. Looks like his son is gonna kick me in th pants one more time !!
What happened to the idea of a country and it's industries actually caring about it's citizens and employees?
Hopelessness abounds as America reaps what we sowed...
I have an IT degree. I've been out of work for 10 of the last 26 years.
I felt moderately uneasy until January 8th when I was actually let go
never have never will. i think that is part of the new america that the rich have created. i think they view us as a threat if we had more comfort and freedom in our workplace. it is hard to get people to do things they dont agree with unless there is fear also of losing what you worked so hard for.
that is why we have attendance policies.
people with money set the rules, the thing is they dont play by them.
I work for a nonprofit that receives federal dollars for providing after-school and summer meals for low-income children. With Obama's promise that the federal government will be tightening its belt and cutting unneccesary programs, I can only hope that we use our few dollars to feed hungry children rather than continue to fund unnecessary wars. That is not just a personal opinion, but is also my job security.
About as Secure as Citibank!
Obviously not to secure. I was just laid off!!
I'm a school teacher in Colorado Springs. I feel fairly secure in my job. My husband says that there are two jobs that are always in demand: a teacher and a cook. He's a former chef, so I guess we have it covered.
My position is as secure as is the employer with whom I am engaged. In spite of the huge dips in our overall economy, our firm seems to be hanging in there. Of course, no one has a crystal ball that will see through this mess. I am blessed with good health, gainful employment and the support of a wonderful wife. How much better blessed can I be?
Well not very, I work on Ebay selling and my income was 1000 a wk and now it is down to 500, people are scared and are not buying. Bush really wrecked this country!
Some of these companies growth potential was small from the start.You can not expand too much on flower shops.With the TARP money you can create jobs by hiring people to check the market share of the companies that laid off the employees.Maybe these companies are forfeiting their market share in spite of the new president. We may need to adventure into new money making things than invest in failing ideas and the same companies. What about flying bicycles ?
Not at all. Everyday it eats at me like a disease.
I have children in college and I'm dreading the day I have to tell them.
I was glad to here that George W. has no problem looking at his sorry ass in the mirror. That is comforting.
How can the people who we elected and the over paid execuatives at all the failing companies, now laying off tens of thousands face themselfs each day?
The US use to be a country that produced a product that was envied all over the world. Not anymore.
I'm really sad at what we have become.
One might think I am a pretty lucky guy considering I have one of the most secure jobs in the country right now. However, let the truth be known...my job consist of looking for a job and I have been on the clock for over a year now! I have a college degree and have worked for the same company for the last ten years of employment! The only work I can get right now doesn't pay more than what I get on unemployment!
I thought my job was pretty safe until today. I am a restaurant manager and with all of these people losing jobs, who is going to have money to go out and eat? I'm still not worried about being unemployed, but I am worried for those around me.
For those who are suffering hard from the economic crisis, now it's time to think about Investing in education. Get a higher education than what you already have. I mean think about it this way " Money come, money go " .
I began as a carpenter in the late 70s and then became a Marine. After 11 years and the fall of the Soviet Union I became a computer programmer with Computer Associates, but Wang and Kumar were more interested in stuffing their own pockets instead of their employees. Sanjay's currently in jail. After all our wonderful computer jobs were shipped to India, I was laid off and became a carpenter again. Then the housing crisis hit and the construction market collapsed. So why don't you tell me, Jack? Who is safe in this market run by people who never served a day for their country, but instead spent our golden years sewing their own parachutes? A warning to the world: If you're about to do business with an American businessman you may as well kiss your investment goodby. All of the really good people in this country were either killed in some stupid war or are the scorned unemployed veterans who kept you safe while slimebag republican and democrat capitalists raided the coffers. Ain't this a great country?
I have two government jobs, Air National Guard, and Government Employee. I'm very secure. To all those right wing radio haters on Obama's stimulous plan only helping Government workers, just shove it. Me, my wife and our twins will be just fine
Hey Jack... My job is very secure. I stay in my mansion and get paid $22 million dollars a year by the New York Knicks. You guys should have spent more time working on your jumpshot. I hear that a slice of government cheese can make ramen noodles taste like fettuccine alfredo. Try it out. God bless.
I can express to you that in these hard times not too many people have the means to buy a piece of art!
I am a Bay area technical recruiter, my own job is NEVER secure. It all depends on how much hiring is going on. And yes, I'm on unemployment at the moment. I feel that things will pick up a bit by 2nd quarter and will continue to improve as the year goes on.
I'm a systems Engineer and I am worried about my job. Not because of the economy but because they keep hiring people from overseas and laying the american workers off. That is the root of the problem.
Even though business has decreased, I count myself fortunate to work for myself ...having a professional website has helped. Some of the older skilled workers might want to try a small business from home.
Well, I work in retail at a regional family-owned superstore. They've been doing pretty well through all this. Getting fired or laid off is rare, but many ungrateful people up and leave because they don't like their job. Right now though I need another job because I'm drowning in student loan debt. Whatever skills I learned at school aren't worth much, thus I work in retail.
I have just bowed out of my job in commercial equipment finance, and found a job in HVAC sales. Everyone needs heat, everyone needs to stay cool, especially in Illinois. I can tell you that if the banks do not start releasing funds to these mid-sized lenders to then distribute to American business, not only with the leasing companies close, but so will all the small businesses that can't acquire necessary equipment. In the interim, the rates are increasing and so are the credit parameters. I am lucky: I am relatively young and I have marketable skills, others won't be so lucky.
I feel my job is secure. And it is secure owing to certain "best practices" that I have adopted over the years. I am highly skilled IT professional working for the best IT company in the world, but I do not take that for granted. Every year, I spend around a month or so in trainings and on newer technology that I see coming in the future. Being competitive is the key. That way, I am always ahead of the curve and always in demand in my line of work. I have however seen my colleagues who were not perceived to be skilled getting laid-off over the years – and I think they were partly to blame for it. Complacency in my view is not rewarded these days. Of course this may not apply to everybody and I empathize with everybody going through tough times. I agree that hiring is scarce and firing is more rampant these days.
How come nobody is talking about the thousands of jobs that IBM corporation has eliminated in the past few months? Microsoft is up front about it, but why isn't IBM? I'll tell you why... they do their cuts in smaller dosages and manage to fly under the radar. IBM's been doing this for years, but no one reports it. 1500 jobs lost last week week. But Sam's (Palmisano) not talking!
Maybe the question in this unbelievable downturn should be: how can we–you and I– start creating jobs? And helping each other save costs? Isn't the whole message of this past election that we the people can't be passive, but have to take some initiative? Its true that there's no replacing a well-paying job with a home-based start up, but I'd like to see a dialogue about how we the citizenry can begin to produce jobs, while the bailout is hopefully taking hold. Ideas?
I'm doing everything I can to keep the ship afloat – but my planning includes what I wil do when I do get axed. I'm trying to hang on for 2 more years until I can retire – that is my only career goal.
Times are bad – REAL bad -
I have been laid off because my company went bankrupt. I see it as a sign of the times – with the housing crisis and financial meltdown playing a huge role. Many people still do not realize what a major cascading effect this has had, spanning across several industries. It may be easy to blame foreign workers – but they make up a very small percentage of the jobs lost. No, the cause of the problem is not influx of foreign workers, it is that the huge corporations we had so much trust in, were badly managed, and they made a series of blunders.
I am feeling pretty secure for now I work for TD Banknoth a subsidiary of TD Financial Group we are AAA rated bank one of the few left. Unfortunetly, even working in a bank that has not done any questionable lending we are still seeing a decline in our assets just like everyone is because nothing is worth what it was. Hopefully, I will still be able to continue to say I feel secure come 6 months from now.
Jack: You guys continue to focus on saving the blue coller jobs, but what about the middle class business owner. I own a company that helped communities and corporations build renewable energy facilities. This section of the economy died and I am closing my company. I already laid off my employees and cant' find work for myself. If there is a job, most employeers don't want me because they are afraid if the economy comes back, I'll leave and start-up again. That's a laugh, I am living on what's left of my retirement and won't have capital to start-up again. Or last much longer.
I work for the 2nd largest auto parts company in the US and business is indeed slow but not halted. We are on a hiring freeze and management is firing people for the slightest mistakes. Our hours have been cut back to 35 hrs a week which is livable. I don't see any layoffs coming any time soon though because of the steady pace of business.
I think my company is one of the lucky ones. We are finding ways to cut back on costs but they are also in the process of hiring an additional 300 people. Hopefully that will help with all of those people losing there jobs out there today (and the past year).
Love your blog! I work for a small state university in the U.P. of Michigan and I feel pretty secure in my job since the State has made four or five big cuts in Higher Ed. spending in the last five years. Since then I do my job and the jobs of 1 and 1/2 other people that used to work in our office.
I feel very secure in my job Jack! Right now with two wars and the fact that Bin Laden is still at large...My military career with the U.S. Army is pretty concrete.
With so many of us in desperate need ... what happened to the promise of a second round of stimulus checks? The !,ooo.oo tax break percouple over 2 years; equates about $6.00 per week. That will buy 2 loaves of bread! Hello.....
Aaron, First let me say thank you for your service. I am a vet, so I know some of what you are going through. I go out after 13 years in the 90s. Right now I would say STAY WHERE YOU ARE. The economy is bad. I almost got out in 1981 after 4 years and my mother asked me these questions – Are you going to work, where? Are you going to school, if so where? How are you going to get to and from work? Things to think about. Wish you all the best.
Not very, lost it in September.
I have fair job security for now, but my company had a bad year last year and 2009 doesn't look much better. There have been lay-offs. I've been here almost 20 years, what a shocker if I had to go find a new job. I'm keeping my fingers crossed and I voted for B. Obama, so we'll see.
I own a small business with 45 employees. We are doing well – off around 8% from the 4th quarter last year. Obama's healthcare and tax ideas keep me up at night. If either of those campaign promises comes to fruition I will definitely have to lay people off. I match 401K and pay a good portion on healthcare benefits but do not want to cut those back either. I have not laid off anyone yet and that is major goal since I am very fond of my people.
The day before Obama was sworn in, he was told to leave or to move 5 hours away. He is moving. We cannot afford to all move, so he will bunk with a friend and I will stay here with our disabled daughter and try to get a job to pay for the additional costs associated with this.
Question...when does this recession become a depression?
Lets see they said they finished layoffs for this quarter, but the downsizing of 4,000 from the merger is still happening. So I am not going to be laid off this quarter but I can be downsized. Raises were canceled for 2009 to save jobs but the executives still got their bonuses (I thought there was a stipulation about executive bonuses if the company recieved bailout money.) How many jobs could have been saved if they didnt take their bonuses?
I was an early casualty back in 2004 when my company closed 9 call centers and sent all of our jobs to Asia. My subsequent scramble included a major cross country relocation, accepting a part time job delivering "Meals on Wheels," and then when I had a heart attack, ended up on early retirement. With developing cataracts, I failed my driver's exam; so, I lost my right to drive and no insurance to fix the problem. I've been in nothing but a holding action since 2004. I received my Master's in Library Science in 91, but have never been able to work in my field due to job losses throughout the country. I fell off the radar and maybe once I get my cataracts fixed this next year, I'll struggle to re-enter the market, even though it looks grimmer by the year.
Got laid off the 16th. Made foreman 1 1/2 ago, and recently the oil company told us to cut 3 crews and a foreman. We ran power to new oil wells. What burns me is the guy that made foreman 3 months ago kept his job. And I find out that hes an illegal alien using his brothers social security #. Im 48 yrs old, its hard going back into the tools. If there is any jobs still out there. Thought i was pretty secure seeing how they wanted to add 3 crews in september. Corparate greed is going to kill this country.
Hi Jack, if you would have asked me this question four or five months ago, I would have said my job is very secure. I work for an oil field company designing products. I will tell you, with everything that is happening with our economy I do not feel save any more. Couple that with the fact that my wife and I just finished two and a half years of chemo. I first went through treatment, then my wife, the same month that I finished. So to say the least we are shaking in our boots.
You bring up some pretty key points of pain. I deal with the micro economy of jobseekers at my company Career Pro Inc. and I have this advice for those worried about their current job:
1. Do Not View Your Current Job as Your Last Job. Prepare for your next opportunity now.
2. Start Developing a Social Media Plan for Your Career. Unless you want to be low profile get out and network online by finding win win exchanges and do not view the Internet networking sites as entertainment. Remember – Social Networking is Business Networking. Develop good habits now.
3. Develop Skills that May Be Recession Proof. These could be technical skills or any self improvement through formal education or self study that could advance your cause or career if you are layed off.
4. Make sure you have a Professional Looking Resume that quantifies your skills, achievements and the transferability to other opportunities.
5. Build Relationships Before You Need Them – this means find out who you may need and find ways to build a relationship with them. When you need it it will be there and you won't look needy.
I hope this helps someone.
I find it funny how some people on here make fun of people having to go on unemployment. If you paid money into the system then there is nothing wrong with people withdrawing their money when times are hard. I'm fortunate enough-at the moment-to be secure in my job-at least for the next year.
We got the word last Wednesday via e-mail...'involuntary workforce reductions' and we should know by 2/4. I'm 34 and this is the 2nd time my husband and I have faced this. Whatever happened to working for a company for 30 years and drawing a nice pension?
Being laid off, now joined by 68,000 jobs lost only together, together, only together can we right the ship.
I'm an auditor in the private sector and feel my job is very secured. I've actually been getting more job offers since the economy took a nose-dive; experienced auditors are hard to come by (it's something that can't be taught in school). I feel fortunate that I'm in a field that continues to have strong demand.
Lol @ Marbury. Mine's pretty secure, and I am extremely grateful – I don't take it for granted at all. All the best to EVERYONE OUT THERE; change is coming!
Not very – I'm a teacher in a rural part of GA and people are flowing away from here to the big cities in search of work. That means less students which means teacher cuts. So to the people who think teachers or state employees are immune guess again. It's scary – and I'm only 26 with 4 years experience.
I'd pack up and go to somewhere with teacher shortages but I couldn't sell my house here now if I tried and my wife has a job (although not secure either) and my parents and hers are in our town. So it's not like we could just pack up and go away even if I could find a job somewhere else.
I'm happy to be a manager at Fedex, we are all weathering this together, 5% + paycuts aren't bad at all considering the other option.
I am optimistic. I've decided to invest what little money I have left in one of the 3 businesses that will always be in demand. Alcohol, Tobacco and/or Sex.
Since I have very little knowledge of either, wish me luck!
I work for a small, non-profit, religious organization. As we are a small office, there is no one who could take on my job, which gives me a good level of security. We run on a shoestring already, and due to downturn in income, and an increase in health insurance costs, we will not be receiving COL increases this year. My husband went back to school for a second Masters rather than beat his head against a wall trying to find work that is below his skills. Hopefully, when he gets out, the economy will be in a far better place and he will be able to get a better job.
My prayers go out to all those recently laid off and those who sit in limbo waiting to find out whether or not they will receive a pink slip.
do taxpayers have the right to know what would be the penalty costs for canceling buying the airplane for the Bank on top of adding all the maintenance costs that would be paid from taxpayers money; transparency would help people to accept such actions if they are cheaper!
Jack, I feel blessed that my wife and I both have jobs that are stable....currently. She is in the medical field as a PA and I am a teacher but with this economy people might start treating their sicknesses on their own and home schooling. Nobody has a safe job unless you have one that is an elected position. Maybe the Congress should have lay offs
I live in California (Riverside). 1 in 23 homes are in foreclosure.I work in the Commercial / Industrial Construction business. The two previous years were insane for making $$$.
I could see the writing on the wall back then that we were going to have a serious bubble burst and I planned ahead. I reduce my debt and set money aside.
I am in a 30 year fixed rate that I locked in at 5.5 % five years ago. My wife and I are able to live off of her income if I get laid off.
I think I will be laid off within the next 6 months.
I do have compassion for these people that are losing everything. I just wish that if we didn't live in a me, me, now, now generation or we might have avoided such a catastrophe.
Too bad that we will have to become a socailistic nation to help these people out. Especially the ones that think they can buy a $ 900,000 house on a $50,000 year budget.
Go ahead and blame George Bush but I just want you to ask yourself. Who put you in debt in the first place?
Welcome to the second Republican GREAT DEPRESSION. Supply side ecconomics works only for the mega rich. Roll back the Regan tax cuts and our ecconomy will start to stabelize. You send all our jobs out of the country make people work for pennies nobody can buy anything or pay for a morgage and the spiral continues. WAKE UP PEOPLE this is the end result of tax cuts for the wealthy.
My job is secure for now since the company has long term contracts with government but my husband got a pay cut last month and since three months ago he was forced to take three weeks of his vacation without pay. These days my 40 minutes commute has been shortened to 20 minutes; no traffic to get to my work place since thousands and thousands of people are out of their jobs. Believe me; it hurts my heart everyday when I go to work. Most of our friends have been laid off or they cannot find a job and guess where do we live? We live in the bay area. Bay area used to welcome whomever was looking for a job.
As a tenured faculty member of a large university in a minor state, I used to feel very secure. But when I see how many TENURED faculty members have been fired, downsized, rightsized, laid off, or whatever PC euphamism you want to use, I don't feel so secure after all....
Stephon Marbury..... One day, you will realize how hard it is for the common man.
How secure is my job? As a 50+ executive with three academic degrees and 25 years of financial services industry experience who was downsized out of a senior position as a part of a division wide cost cutting exercise 3 years ago (after 14 years with the company), and after spending 15 months to find my current job that now only pays 50% of what I used to make- let's put it this way, it's probably a question of when and not if. Then again, I'm being paid so little for my experience, they might keep me on as a bargain.
like many americans i was not prepared nor could i see the downturn in the economy approaching,i should have prepared for this econonom ic downturn as there were signs of it coming
I lost my job in November when the company I was contracted to fired the company that I workd for. They then replaced about 110 contracted workers with about 50 internal workers. I lucked out and got one of those positions but, there is no way 50 can do the work 110 was doing before so I have more work than I can handle, hope it stays that way.
My job isn't going anywhere. Of that I am sure. Of course, the pay stinks, I'm on call 24×7, my bosses behave like children, and I get no respect from anyone for the work that I do. You see, I'm a full time mom.
You can get this type of guarentee... BY JOINING A UNION. They guarentee your benefits, have a good pension, etc.
The IBEW union has been really good to my father and i'm sure would do the same for you.
My job disappeared 9 months ago, my husband's job is "secure" for now. We have a son that starts college next fall. The money in his college fund lost 25% because it was in mutual funds. A 4 year college is out, and so is the dorm. We told him he has to do the first 2 years at a community college, live at home to cut the costs and get a part time job to pay for extras. In the mean time, we are pinching pennies and doing what we have to so we can stash some extra cash away just in case.
Why won't anyone in government even DISCUSS "The Fair Tax"?
I've read several books about it and it makes a lot of sense. The gov't uses tax policy to punish and reward corporations and individuals. From everything I've read and seen, it seems to be a great idea. Who knows, it might even force the richest Americans to pay their fair share. This is why it's probably not mentioned in the media.
Always love you. You remind me of my late dad.
Worrying about my job...how about I am looking for a job and will be 60 years old in a few months and single. Over the past year, I have sent out about 250 resumes and only have had six hits. I have worked temporary most of last year and the very beginning of the new one...even these jobs have dried up.
Now, no matter how much faith and positive I am, yes, very worried and full of anxiety. Listening to the news about the 56,000 layoffs in one day, I am trying to figure out where to turn next.
Well Jack call me a fluke, but I am quite secure in my job as a librarian here in Miami, FL. There have been a few hiring freezes while they work out budgets, but nobody's job is at risk here and I'm due for a raise in a month.
After deciding to leave the corporate world 17 years ago I started my own business providing services to nothing but small business owners and I have never had to worry about my job since. It's time that Americans realize what I learned many years ago and that is our so called executive leaders are nothing but greedy sociopaths who only care about image and not substance. Corporate management for too many years now has encouraged short sighted, self serving decision making in the name of share holder value, not true long term strategic thinking. I can promise you the most successful clients I have now and in the past (and I have a more than a few that Fortune 500 companies would envy right now) not a one employs or is owned by an MBA. You can take all those image conscience, ethically deprived business schools and cram it for all they are really worth to real business and our economy. If shareholders were smart they would demand that not only their boards fire the management but in fact prosecute for malfeasence and fraud. Real businesses employ real business people (i.e., those that work and have vision), not people who think walking the walk and talking the talk is the same thing as doing the deed! Unfortunately we have become a nation that believes the pedigreed privileged few have better business acumen than the person with calloused hands and humble self image.
Just a thought.
The federal government, the state government, and the local government here in california crack me up. So the workers for the county go on strike, we get a 3.7 percent raise, the board of supervisors give themselves a 13.9 percent raise or some crack. So then Ah-nold Swargenaga comes out and gets on televison and says "the state will run out of money in 2 months" what do the politicains do? they vote to give themselves a 20% raise. What kind of crap is this? so now all the counties are hurting and hurting bad because of the housing/credit/stock/no property taxes/no sales tax because no1's buying. I'm so jealous that Obama was able to freeze all the wages of his aids and his cabinet members, we can't even do that in california, is there a way? can we sign petitions? or what. this freakin blows, stupid America we make the wrong people rich. drug dealers and virgins selling their virginity, actors/actresses professional sports, and politicians, and ceo's who get a 20 million severence pay, while their company is losing billions. what a bunch of BS. thanks bush. your family screwed us in the 70's savings and loan scandals, and now you do this. american's had it so good for so long they took it for granted, i'm glad this happened, maybe now all the punk kids, will grow up and work hard. I love how obama and biden were reinforncing that hard work is an american value, i was getting really scared of the next generation. no1 wants to work or pay taxes, and it's unamerican not to have a job, and it's unamerican not to pay taxes.
Mr Jack I am writing this for some understanding on how in New Jersey being an at-will state you can terminate an employee without any warning or notice. If you decide to resign you must give a two week notice. If you don't give a two week notice you are put on a "DO NOT HIRE LIST. That is a double standard. What would be the necessary steps I need to take to change this?Thank You.
I like the guy who said he'd answer if he had a job, I'm in the same situation. I faxed President Obama on Friday after going through 13 pages listing 25 government jobs per page, that would be 325 jobs total that I looked at. For which I applied to about 25 jobs nation wide. I have several open applications for government jobs that closed over 2 months ago and have not been filled yet but the money has been appropriated and is sitting there just waiting for someone to fill the job. On particular job is the same series as I once held for which I also applied for back in May and was ranked at a 95% qualified for in July. Why doe it take so long once the postings close for hiring managers to get around to even interviewing? I told President Obama if he wants to set an example and step up to his call to get Americans back to work he needs to start at home and get these government jobs filled sooner rather than later. I'm ready to get back to work, have been ready for 17 months now.
Jack: I have never felt particularly secure about any job that I've held in working for others. The lesson that we need to teach as early as elementary school is that you need to develop skills that you can market on your own – don't depend on others. With this attitude, it's like the guy who learned how to fish – he had food for life!
Jack, I am worried. I am worried if I can feed my kids, keep the lights on and _______________...............
Jack, you know better. But believe this, until we reverse all literally what Bush did, no job is secure. Number one is unbalanced international trade deficit, you don't believe it but it is true. As this free market is not fair market globally. America has to reverse trade agreement with each of its trade partner. It is just like you treat each friend/enemy differently. You are too naive to believe you should treat each one the same. On the contrary the better you can identify the favorite condition you will be in. And you should easily identify where the money is located if you buy things from shops. And you should know why capital goes to which place and the capital might be your money as our 401k funds as well as are other funds which are in investment/wall street. So No# 2 is to let wall street work for Americal.....The thing is that we are not creating things. But we are consuming too much while creating little. The money has being going to our neighbors. The Economists were wrong. If you ask them again, they won't accept it and will give you a wrong answer/the oposite to what America should do to cover their fault. Don't believe in Economist. Think independently. You yourself know what is happening. Unfortunately the wall street will continue to draw our blood to compete because they control wall street and to get good money by controlling wall street... Until you identify who your friends are and who you are fighting against you won’t win. For middle class, they are desperately in nightmare. Their jobs will be secure once you are without it for two years probably.
I am 65 years old and fortunately employed for the moment. I worry everyday about getting laid off. What with the blood bath of 401K's, I will now need to work until I am at leat 70 just to avoid being homeless. I used to dream the American dream, looking forward to retirement and going fishing with my grandkids.
Now I am living the American Nightmare! There are days I almost wish the Lord would take me so I would not have to face layoffs, unemployment, and homelessness.
It is indeed a scary world we live in, and yet every day hundreds of illegals come over the border from Mexico and become part of the great California welfare system. Our government is so broke out here that they are issuing IOU's for tax refunds.
What happened to our wonderful country, will someone please tell me?
With all the talk of teachers being in short supply one would think we would be safe. Riiiiight.... I worked for San Diego last year, where at one point I was one of over 900 teachers who received layoff notices, although some money was found and most of us were hired back. Now I work in the Bay Area, and even though the district I work for has been fairly prudent, they will also have to layoff a significant amount here.
It's all a domino effect- forclosed homes = less in property taxes + more dependednts on the state = less cash flow = layoffs, to be overly simplistic.
The REAL irony is I teach Economics in high school!
Long Haul Trucking Industry – My job will be no more if people cant buy things because they are out of work. No demand, no trucks, no trucks, no insurance is needed.
What created jobs after the depression? WWII and things for that war were manufactured here. Who is making things for the Iraq war? Must be "out of country", mmmmmm.
I would like to get a job out of country cause this one isnt gonna make it. NO JOBS, NO SPENDING, NO SPENDING, NO JOBS, NO SPENDING, NO JOBS, OVER AND OVER AND OVER AND OVER.
Extremely secure. My "yesterday " will ensure that "tomorrow" is safe.
Thankfully, I am a pharmacist, and there is still a shortage of those. I went into this profession in part for job security–looks like I made a good decision!
Embrace our Country's Products.
I recently received a sticker from heart and stroke foundation for donation.That is fine but,when I looked at the back of the sticker it *SAYS MADE IN CHINA" When printing Companies are going through Bankrupsies? And I give you donation ?
We should stop complaining about our economy and start buying products that are made in our Countries.Encourage Companies to Stay in our Country I agree with stimulous package but,give it to the Companies that they produce in their Country not going to produce in an other Country for cheap prices and Greed.
I support our American friends,and if I do not find things made in Canada I buy American,America is our biggest Customers,and if they are in trouble,we are too.
KEEP YOUR JOB BY BUYING YOUR COUNTRY'S PRODUCTS.
(THERE IS NO CURSE IN THIS MASSAGE IF YOU DO NOT PASS IT WITHIN 5 MINUTES) THE ONLY ONE IS GOING TO SUFFER IS THE ECONOMY . YOU AND ME
Helen from Canada
i work in the education field, so my job is secure, but still i worry about everyone else that is losing their jobs which will in the end result in higher crime rates and high inflation. i can't believe our government let everything get so messed up. i am hoping that our new president can come up with some good solutions to get the country going in the right path again.
hopeful in texas
Im a mechanic in the diesel industry and there are jobs everywhere and I would like to thank the new generation for my lucrative job field, it seems that learning a skill that involves getting dirty and performing manual labor is not good enough for the " wheres mine" generation of today so until they want to go home tired and dirty at the end of the work day my job is pretty safe...
I guess my job is somewhat safe...the company is very small...only three people counting the boss. We do software for nursing home management. So far seems like we can ride this storm since there's no shortage of older folks and nursing homes. Counting my blessings everyday. How I hope everybody else could say the same =(
I work in the newspaper industry. You tell me how secure media jobs are in this day and age.
I hope you asked yourself this question Jack ! With that huge mellon and your wardobe issues... one must wonder, with, a majority Democrat House and Senate and a Democrat President.... what am I going to write about? I know, with 68,000 jobs lost yesterday... I will ask the question that no one asks themselves in these times... "How secure is your job?" Oh, thanks, Jack, I feel better about my prospects already! You boob!
I work for state government and have probably one of the more secure jobs today with retirement and benefits. However, I was raised by those who lived through World War II and the great depression and learned early on that "security" is only "fairie glamour" . . . it isn't real. As we are all getting a first hand view of, security can vanish and waft away like a puff of smoke in the wind. What I am most grateful for is that I know how to grow and preserve my own food, hunt my own meat, repair and recycle my own goods, and I have enough guns to protect them should the worst happen. At the same time I am grateful that I have enough to share with all of the folks we know out there struggling just like we did years ago. I'm gratefull I have self-reliance skills to teach them as they were taught to me so that I could sleep better at night. I learned about "victory" gardens grown during the war that now let me control the quantity and quality of the food we eat. I learned from experts. Those of you out there that know these things, share them. If you don't, find someone who does who is willing to teach you.
Jack, The economy is so bad, my husband is self-employed and he just lost his job! My husband grows bamboo, a fast growing plant, but business in sunny Miami, Fl is slowwwwwwwwwww.
Wow! I feel kinda guilty relative to the tales told above. My job is pretty secure. But in my profession I have some special talents and experiences which are few and far between. After 30 years, I am a valuable commodity even in an overall down economy.
Thank you Lord for those gifts you have given me. Please be as generous with my fellow humans.
My job is not secure, but is more secure than that of my co-workers. My job is to train the offshore workers to do our jobs. If I don't do my job well, I lose it. If I do my job well, my coworkers lose theirs. Either way I am working myself out of a job. I feel as though I have the weight of everyone's fate on my shoulders and I am a traitor. The best part? My company maintains "American" in the title as more than half of it's employee's are offshore. Investigate the "American" companies you patronize.
I am a city employee and, believe it or not, we're running in the black. I feel fairly secure, but I am sure to shop and eat out only within the city limits so that the taxes I pay go back into the city coffers.
My job is as safe as always. I am an a software consultant and work for the government here in DC. Thank god they will never run out of money to pay consultants.
No!! The word import , has taken over all the jobs in this country. If it comes in to the country, the same amount need to go out, or learn to do without it, and any factory that moved out of the country should not be able to import to us.
I recently retired and started my own business. Affected by the economy?Yes. But survivable. What needs to be done is to get the people (the majority which are employed and have secure jobs) to start to spend. Everybody has decided to stop spending at the same time and that is what is putting us in a death spiral. We need to instill confidence in the workforce that is secure in their jobs.... get them to start spending (but smartly). That will do more than governments pouring in billions of dollars.
I am 51 years old, graduated with a computer engineering degree in 2006. Initially I thought it would be better to work in the private sector where the money was better. At my age though, it was tough to find private sector work even though there was a shortage of computer engineers. In the end, I was hired by the Air Force. Looking at the current state of the economy, I thank my lucky stars I'm where I am since I'd probably be unemployed by now due to cut-backs had I not become a government employee.
No Jack, My last day is friday, I have an MBA, a professional certification with years of experience and I can't find a job.
There is a crazy but assured way of getting the economy back on track.
Barak Obama to request free-interest loans for every one either single or businesses.
It's an isalamic concept that works for sure. (interest free loans).
I'm an RN in a Children's Hospital, so I feel pretty secure. Kids will always have accidents and heaith issues parents can't cope with. I just worry for my children's jobs.
The Government should make those CEO's and owners of Corporation and companies bail out and reinvest back into the company to the empoyees laid off and still employed, with all their bonuses and what ever gifts and other things they have taken from the empoyees. It's a shame the tax payers have to bail out due to ALL the GREED of those top CORRUPT DONKEY management people.
I'm a student who currently has to pay for my own education. I'm in my sophomore year, and I haven't had to take out a loan...yet (thanks to my employer's tuition reimbursement program). If I lose my job, I'll be forced to take out a loan, and considering the financial industry the way it is today, I'm beginning to wonder if I'd even be eligible. Well, I guess my situation could be worse. I could be a recent graduate competing for a job with more experienced veterans who can't find a job themselves.
Fortunately for myself and my husband we are both employed by the USAF. We live in base housing and receive BAS (Food allowance) every month. Therefore, I feel pretty secure with our jobs. We have been pretty lucky with not feeling the downfall of the economy too much (knock on wood), except for the rise or decline in gas or milk prices. However I do still worry about my friends and family. God Bless.
Job? What job?
Not remotely secure...
It was supposed to be a 4 day workweek, but instead we have had week after week (3 weeks with a 4th coming) of furloughs, on top of a 3 week forced vacation period over Christmas break.
So I'm now looking FORWARD to getting to work a 4 day workweek. It sure beats collecting unemployment.
i was asking myself what job field is most secure at this time... probably the medical field, meaning hospital and industries that service things we need to sustain living and unexpected things in life we do face, like insurance/morturary. my job is quite secure since nothing is 100% impossible.
I've been told my last week is two weeks away 3 times since November. Something happens to let me stay on, but one of these weeks I won't get so lucky.
Well, considering that I was laid off six months ago, I feel very secure. *sarcasm* There are little to no prospects for intern architects here in Charlotte, NC, where I ironically moved two years ago because of the strength of the area's economy. Luckily, my husband works in IT which has an abundance of positions available. I'm trying to keep my hopes up, but I don't really see anything turning around soon.
No such thing as "secure"....
Last year I worked for a client that had 5+ years remaining on the contract, in October I lost my job because the client terminated the contract.
I was lucky enough to find a new job with a new client "secured" by a 3+ year contract but had to take a deep pay cut to get it.
If I'm lucky enough to keep this job, my family will be scraping by for a very very long time. Eating out is no longer an option, even for inexpensive fast food. If I don't bring lunch to work, I don't eat. We're already making decisions such as putting off drug prescriptions until the next payday, or buying food.
Until last autumn we were in lower-middle class income category, I'm pretty sure we're in the lower class income category now and our income is back to 2001 levels, not including any inflation that has occurred since then.
I'm happy to just have a job but if anybody thinks my family can spend any money to help this economy, they are nuts. Thank God we got rid of those horrible plastic charge cards a few years ago...
I don't have a government job (yet), so I'm probably in trouble, Jack!
hehehe, I like all these retired fogees rubbing it in our faces when they were the ones who elected the oficials that sold future generations down the river. That process began in the 70's when I was born. I hope the whole banking system tanks so that these retirees eat cat food to survive.
Hey Ty, you wish. I'm US Navy, and I'm getting the ax in a few months. Ain't nothing secure in this world but the wage all men must pay.
I work for a convience store, and we are feeling the crunch, we used to be open 24 hr. seven nights a week, we are only open 3 nights out of the week. Not really feeling that my job is secured at all. Plus the installing of a security key pad, is not a comfort sign either
As comfortable as you and Wolf...
I am on an annual contract in the public school system. I took the job for security. I cannot help but wonder what next year will bring with upcoming budget cuts.
My consolation is that some think the school is not desirable due to its geographic location. However, I work with some of the most caring and dedicated professionals as I have met in my 20 years experience.
After more than 25 years at my social service job, i am in danger of losing it completely before or on July 1, 2009. I will then be in serious financial trouble.. not that I am secure now! I will probably lose the house I have been trying to buy for 9 years.. I beautified it, cleaned it up..and now must probably say goodbye to it!!
How will I get a job at nearly 60 years of age?? And retirement is way off. I wouldn't make enough to live on retirement funds anyway. It seems our American system is not geared to take care of its citizens..Though one thing we are good for..paying taxes..to get – what?- in return?
I recently heard from a penpal in Russia that women there can retire on pension at 55 years of age. What's wrong with us here in America?
I work for the Gov. and well I feel my job is secure, with no family my options are open if the worst happens. I have so many backup plans its not even funny.
Canada, London, Spain, Mexico, Germany, Asia, etc. I am sure one will need something I know :).
I'm probably one of the few lucky ones here. I work for US Customs and an Army Reservist as well. I don't get pay millions, but I feel very secure...God Bless
As a small business owner I first cut my own pay and so has my partner and we have both been skipping paychecks to keep things going. I'm not sure that can continue doing that for long. I've asked one key employee to reduce their work hours and even though they could have reduced more having high dual income, this person "reluctantly" said yes only to a small reduction. Unfortunately this means someone else who is not "key" will likely have to be laid off. It's tiring to hear of people pointing fingers at business owners – tiring enough to consider stopping the entire business and just quit employing people. Small business owners need a reason to employ people.
I work for a major hospital, and the rumors are that they are cutting 1,000 jobs. My own department is very shaky even though there is a nursing shortage. I can only hope that if I do face a layoff I can find other work.
Jack, I am an Executive Sous Chef in the private country club(2500 members in total)we are losing about 30 members a month.I ve been at this club/job for 1 1/2 years. I am well paid. What are my chances of being laid off? Georgia is a right to work state which sucks.Should I offer to take pay cut?
Signed a former Westchester county NY resident in GA.
PS I grow up watching you (NBC New York ) and Geroldo (ABC New York) in the 1970's.
Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV.
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