Comments on: Time Magazine on Labor Day, Unemployment and Stress http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/ advocacy for the job seeker Thu, 29 Jul 2010 17:16:02 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Mark Hovind http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-426079 Mark Hovind Sun, 20 Sep 2009 18:05:21 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-426079 Hi Teena. My analysis of recovery times is on the page we reviwed in our telecon - the one you originally attended. The page is now hidden since it's out of date, but you can still find it at http://jobbait.com/a/recession.htm. Mark Hi Teena. My analysis of recovery times is on the page we reviwed in our telecon – the one you originally attended. The page is now hidden since it’s out of date, but you can still find it at http://jobbait.com/a/recession.htm. Mark

]]> By: Marc Himmelberger http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-425627 Marc Himmelberger Fri, 18 Sep 2009 11:57:00 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-425627 NEVER! We will NEVER see the numbers as high as they once were. When will we see the "old" number of farmers back? When will we see the "old" number of factory workers back? We are - CAPITALISTS! Industries change and we need to position ourselves for that change. Our nation's number one export? TECHNOLOGY! You don't need trains and ships and workers to export that. How many workers does it take to build a car? How many did it once take? NOW! Employers have discovered that they CAN produce with fewer numbers. Why would they ever go back? That is not capitalistic! And, employees are willing to support that in order to hold on to anything that they have. I once worked with 15! Now, there are three! And, when my supervisor retires this month - then there were two! PURSUE! GOD Bless Marc NEVER!

We will NEVER see the numbers as high as they once were.

When will we see the “old” number of farmers back?
When will we see the “old” number of factory workers back?

We are – CAPITALISTS!

Industries change and we need to position ourselves for that change.

Our nation’s number one export? TECHNOLOGY!
You don’t need trains and ships and workers to export that.

How many workers does it take to build a car? How many did it once take?

NOW!
Employers have discovered that they CAN produce with fewer numbers. Why would they ever go
back? That is not capitalistic! And, employees are willing to support that in order to hold on to
anything that they have. I once worked with 15! Now, there are three! And, when my supervisor
retires this month – then there were two!

PURSUE!

GOD Bless

Marc

]]> By: Teena Rose http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-425543 Teena Rose Thu, 17 Sep 2009 23:44:23 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-425543 Thanks for the statistics, Mark. You are a treasure trove of great, valuable information! =] With your expertise, can you speculate how long it will take for US jobs to elevate back to the levels we saw between 2005/2006? I realize you don't have a crystal ball. But, I'm curious what you think about recovery time for this latest economic turmoil -- specifically, attractive job growth, # of available jobs, and an acceptable 5% unemployment level. Maybe 3 times longer than the IT industry took? 5 times? 10 times longer? Regards, @teenarose Thanks for the statistics, Mark. You are a treasure trove of great, valuable information! =]

With your expertise, can you speculate how long it will take for US jobs to elevate back to the levels we saw between 2005/2006? I realize you don’t have a crystal ball. But, I’m curious what you think about recovery time for this latest economic turmoil — specifically, attractive job growth, # of available jobs, and an acceptable 5% unemployment level.

Maybe 3 times longer than the IT industry took? 5 times? 10 times longer?

Regards,
@teenarose

]]> By: Mark Hovind http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-425215 Mark Hovind Wed, 16 Sep 2009 17:26:58 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-425215 This is for Teena's question, "Do you know how long it took for the IT industry to realign when the bubble burst?" One could easily argue that the IT sector did not recover, and instead has been declining ever since the bubble. Here are the numbers: * March 2001 peak at 3.7 million employees. * March 2004 3.1 million employees. * March 2007 3.0 million employees. * August 2009 2.8 million employees. Having said that, one could also argue that the "bubble" burst in early 2000, started losing jobs in mid-2001, declined rapidly thru early 2002, continued to lose jobs until 2007, and then stopped losing jobs in mid-2007 - a 7-year recovery period. However, in late-2007, it started declining again. There is a picture of the bubble and the recovery curve on the Switching Industries page of JobBait.com. This is for Teena’s question, “Do you know how long it took for the IT industry to realign when the bubble burst?”

One could easily argue that the IT sector did not recover, and instead has been declining ever since the bubble. Here are the numbers:

* March 2001 peak at 3.7 million employees.
* March 2004 3.1 million employees.
* March 2007 3.0 million employees.
* August 2009 2.8 million employees.

Having said that, one could also argue that the “bubble” burst in early 2000, started losing jobs in mid-2001, declined rapidly thru early 2002, continued to lose jobs until 2007, and then stopped losing jobs in mid-2007 – a 7-year recovery period. However, in late-2007, it started declining again.

There is a picture of the bubble and the recovery curve on the Switching Industries page of JobBait.com.

]]> By: Comparing the Bubble Burst of 2000 to Today’s Job Search/Economy | Career Management Alliance Blog http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-425195 Comparing the Bubble Burst of 2000 to Today’s Job Search/Economy | Career Management Alliance Blog Wed, 16 Sep 2009 15:01:10 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-425195 [...] Blog. Posted under Job Search, Technology on September 16th, 2009 A few days ago I wrote Time Magazine on Labor Day, Unemployment and Stress and Teena Rose asked a really interesting question in the comments: I have a question for you Jason [...] [...] Blog. Posted under Job Search, Technology on September 16th, 2009 A few days ago I wrote Time Magazine on Labor Day, Unemployment and Stress and Teena Rose asked a really interesting question in the comments: I have a question for you Jason [...]

]]> By: JibberJobber Blog » Blog Archive » Comparing the Bubble Burst of 2000 to Today’s Job Search/Economy http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-425172 JibberJobber Blog » Blog Archive » Comparing the Bubble Burst of 2000 to Today’s Job Search/Economy Wed, 16 Sep 2009 13:40:42 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-425172 [...] few days ago I wrote Time Magazine on Labor Day, Unemployment and Stress and Teena Rose asked a really interesting question in the comments: I have a question for you Jason [...] [...] few days ago I wrote Time Magazine on Labor Day, Unemployment and Stress and Teena Rose asked a really interesting question in the comments: I have a question for you Jason [...]

]]> By: Jason Alba http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-424765 Jason Alba Mon, 14 Sep 2009 22:44:31 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-424765 Well thank you Teena :) I'm going to reach out to one of my colleagues, a recruiter in the Silicon Valley area, to weigh in on this... Well thank you Teena :) I’m going to reach out to one of my colleagues, a recruiter in the Silicon Valley area, to weigh in on this…

]]> By: Teena Rose http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-424678 Teena Rose Mon, 14 Sep 2009 15:49:45 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-424678 Labor Day was definitely different this year. Just by scanning the neighborhood, we saw few park picnics and obvious family gatherings (you know, loads of cars lining streets and packed into small driveways). I greatly enjoyed Mark Hovind's webinar, btw, if I didn't mention that to you before Jason. It was exceptionally insightful; and having attended it, I now understand and believe the above point about 4 or more years may be needed to realign the unemployment rate. I have a question for you Jason ... and if anyone can answer, you can, seeing as how you have an IT background. Do you know how long it took for the IT industry to realign when that bubble burst? I'm sure there wasn't 15 million IT professionals (was there?) unemployed back then, but ... As usual, great blog post. Thanks Jason. Regards, @teenarose Labor Day was definitely different this year. Just by scanning the neighborhood, we saw few park picnics and obvious family gatherings (you know, loads of cars lining streets and packed into small driveways).

I greatly enjoyed Mark Hovind’s webinar, btw, if I didn’t mention that to you before Jason. It was exceptionally insightful; and having attended it, I now understand and believe the above point about 4 or more years may be needed to realign the unemployment rate.

I have a question for you Jason … and if anyone can answer, you can, seeing as how you have an IT background. Do you know how long it took for the IT industry to realign when that bubble burst? I’m sure there wasn’t 15 million IT professionals (was there?) unemployed back then, but …

As usual, great blog post. Thanks Jason.

Regards,
@teenarose

]]> By: Marc Himmelberger http://www.jibberjobber.com/blog/2009/09/10/time-magazine-on-labor-day-unemployment-and-stress/comment-page-1/#comment-423592 Marc Himmelberger Thu, 10 Sep 2009 18:31:53 +0000 http://www.jibberjobber.com/blog/?p=2814#comment-423592 90.5% EMPLOYMENT! Every employer is hiring! EVERY! List 5 employers that YOU would LOVE to work for! Then list 5 positions in each one of those companies. Likely, your first position will be filled by the folks in positions 2 thru 4. Positions 2 thru 4 are the positions that YOU want to PURSUE. PURSUE! That is what you MUST do. Not... LOOK! APPLY! MAIL! EMAIL! FAX! That is what "THEY" want you to do. PURSUE! I bet just about now! You are concerned about the money? O.K. But money is just a way of keeping score! You weren't worried about the money in your last position? You were worth at least a third more then you were making and you didn't seem to complain or change employers/careers. So, stop feeling sorry for yourself and dragging yourself down. "There has NEVER been an Olympic athlete who has trained for the bronze!" PURSUE! GOD Bless Marc 90.5% EMPLOYMENT!

Every employer is hiring! EVERY!

List 5 employers that YOU would LOVE to work for!
Then list 5 positions in each one of those companies. Likely, your first position will be filled by
the folks in positions 2 thru 4. Positions 2 thru 4 are the positions that YOU want to PURSUE.

PURSUE! That is what you MUST do.

Not…
LOOK! APPLY! MAIL! EMAIL! FAX!

That is what “THEY” want you to do.

PURSUE!

I bet just about now!
You are concerned about the money?
O.K. But money is just a way of keeping score!

You weren’t worried about the money in your last position?

You were worth at least a third more then you were making and you didn’t seem to complain or change employers/careers.

So, stop feeling sorry for yourself and dragging yourself down.

“There has NEVER been an Olympic athlete who has trained for the bronze!”

PURSUE!

GOD Bless

Marc

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