OT-- Anyone else been laid off? - Page 3

been laid off since the end of january.  just got a call today for testing and interviews for next week.  i'm keeping my fingers crossed.  it will mean a move, but there is no work here.  gotta go where the work is.
pjp

This is like watching a bad movie in slow motion, You know the train wreck is coming and know way to stop it. You can not blame the current president, started long before he got there. You can not blame lack of regulations (other than relxing the old laws our fore fathers put in banking laws for a reason), when they do not inforce the laws we have in place. They now know a total service economy, and  have the rest of the world work for us (are we arrogant or what?), does not work. We have to have employment (manufactuing and anwser our own dam phones) here. We are nowhere near the bottom, we still have commerical real estate out there to blow up and the credit cards. The banks really do not want to lend, they know we will at some point go to hyperinflation and they will have 5% loans on the books. So they have fixed that by hanging the inhertance laws, they will tax the heck out of our kids and force them to sell and walla, tthe 5% loan will be gone.
I feel for all of you that have lost your jobs, homes, marraiges from the stress. I am scared for all of us. I do not think anyone is going to get out of this whole.

Sorry to hear that, things are bad in Asia as well, I still have job but  many of my friend have  been laid off , time are bad , alot people are looking for job and only fewer job are available. 

Let hope better time will come soon

1980's all over again.

Houston's Engineering sector is feeling the employment dip - freeze on hiring, freeze on raises, and people being let go.

Oil prices are too low and the industry is sucking wind. A barrel of oil needs to be around 65$ to 70$ for Exxon, BP, Shell  and the rest to break even. They are loosing billions every quarter right now. The Chemical companies are doing even worse.

As these companies postpone design, engineering and construction - we looses our jobs. As we loose our jobs the service sector is directly effected. We don't buy cars, go our to eat, we do our own taxes, don't visit the mall or wal-mart...the ripple effect is amazing!

Houston has the The Texas Medical Center it will help to buffer our city. We all pray that the effects will be less then that of 1983.......that was a very trying time for our city.

This is a cycle, it hurts, but we will come out of lean and maybe this time we'll save some of our money for a rainyday.

The cycle is worsened by inflation and inflation is caused in part by uncontrolled governmental spending.....

Haven't ya'll heard? Obama is going to fix everything by July.
Am I the only one who has trouble with the mere concept of "Trillion$?"
1, 10, 100, 1,000, 10,000, 100,000, 1,000,000, 10,000,000, 100,000,000... TILT! Game over.

SS

Jobs aren't suposed to start coming back in earnest until next year.

 

Tent Cities anyone?   Youll see alot more.  Commerical Real Estate is the next ball to drop.
Strap on your crash helmets folks..

Man I know these tents they suck hope it won't rain.

after the war (Civil or WW-1 forgort which one) there was a Tent City on the White House Lawn, after a few months our government opened fire on them!

know your history or it WILL repeat

OOPS - there not teaching history in public schools any more, they're teaching "near history."