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Stereokid
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09 Dec 2009, 10:31 am

When will this stupid economy improve? Where's my cushy high-paying job? Will I ever be able to afford a high-end home theater?

The reason why I ask is because the bad economy is giving me the following feelings:
:arrow: Discouragement
:arrow: Bullied
:arrow: Thwarted plans
:arrow: Being a loser
:arrow: Shunned

And for some stupid reason, Market Basket will not give me any extra hours no matter how much I bug them to. I tried applying to other places such as Best Buy and The Home Depot, but none have called me back. Will someone tell me when this nightmare will be over?



southwestforests
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09 Dec 2009, 4:19 pm

Stereokid wrote:
And for some stupid reason, Market Basket will not give me any extra hours no matter how much I bug them to. I tried applying to other places such as Best Buy and The Home Depot, but none have called me back.

In this stupid economy they probably don't have extra money to do that.

:arrow: have seen several articles that businesses are not hiring until they see if their taxes will go up.
they'll have to use the money they would have paid new employees to pay the higher taxes.

Here's two examples: and that kind of thing is going on in other states too.
http://www.chron.com/disp/story.mpl/metropolitan/6759214.html

Quote:
Texas unemployment tax on businesses to triple
By PEGGY FIKAC Copyright 2009 Houston Chronicle Austin Bureau
Dec. 8, 2009, 3:48PM

Just counting state-paid unemployment benefits – not federally funded extensions – Texas is paying $68.6 million a week in unemployment benefits compared with $33.6 million a year ago.

About 700,000 Texans currently are receiving unemployment benefits, including those funded by the state and federal government.

The tax rate is being increased to repay federal loans and ensure the fund has enough money to pay claims in the coming year.


http://www.tampabay.com/news/business/florida-employers-face-a-huge-jump-in-unemployment-compensation-taxes/1052594
Quote:
Florida employers face a huge jump in unemployment compensation taxes
By Jeff Harrington, Times Staff Writer
In Print: Thursday, November 19, 2009

The minimum annual rate — charged to an employer with a solid history of retaining employees — will jump almost twelvefold,

Rick McCallister, president and CEO of the Florida Retail Federation, said many retailers are just starting to get back on their feet, and the tax hike threatens to shove back recovery.

"It's just going to be painful," McCallister said. "If you're a struggling small business just barely making payroll now, it could be a death knell."

Employers had been bracing for a tax hike since last summer when the state fund used to pay unemployment insurance benefits ran out of money and began borrowing federal funds to stay afloat.


:arrow: remember, the more money the business are forced to give the government the less money there is left to pay you.


Quote:
Will someone tell me when this nightmare will be over?

Sorry, no can do.
Took years to set up the situation that caused it. Takes that long to fix it.


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ssenkrad
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10 Dec 2009, 4:22 pm

How do you feel bullied by the economy?

I can sympathize, I'm in the same boat, as are millions of others. My hours at my only job were recently cut to ten per week, but I can't really blame the company. No one is buying their product, they have less money, and are cutting expenses left and right, simply trying to stay afloat.

I'm assuming you're either in college or planning to go to college. If you aren't, please know that you'll probably never get that cushy job, entertainment system, Bugatti, or private jet if you don't :jester:



ADoyle
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10 Dec 2009, 5:34 pm

I'm also in the same boat, as I work in fast food right now and since the particular restaurant isn't outside a mall, business has gone way down, and everyone's hours have been cut. Business is also going to slow down once finals are over at the community college just down the street from my workplace, so I'll be lucky if I work 6 hours a week between now and New Year's.


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southwestforests
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10 Dec 2009, 5:48 pm

ssenkrad wrote:
I'm assuming you're either in college or planning to go to college. If you aren't, please know that you'll probably never get that cushy job, entertainment system, Bugatti, or private jet if you don't

And still you may not even if you do: http://www.time.com/time/business/article/0,8599,1946088,00.html

Quote:
The Job Market: Is a College Degree Worth Less?
By Kristi Oloffson Tuesday, Dec. 08, 2009

Employers and career experts see a growing problem in American society — an abundance of college graduates, many burdened with tuition-loan debt, heading into the work world with a degree that doesn't mean much anymore.

The problem isn't just a soft job market — it's an oversupply of graduates. In 1973, a bachelor's degree was more of a rarity, since just 47% of high school graduates went on to college. By October 2008, that number had risen to nearly 70%. For many Americans today, a trip through college is considered as much of a birthright as a driver's license.

Meanwhile, the unemployment rate for recent grads rose as well. It is now 10.6%, a record high.

The devaluation of a college degree is no secret on campus. An annual survey by the Higher Education Research Institute has long asked freshmen what they think their highest academic degree will be. In 1972, 38% of respondents said a bachelor's degree, but in 2008 only 22% answered the same. The number of freshmen planning to get a master's degree rose from 31% in 1972 to 42% in 2008. Says John Pryor, the institute's director: "Years ago, the bachelor's degree was the key to getting better jobs. Now you really need more than that."


Feeling encouraged now? :?

Most promising thing to do is figure out something you can start for yourself.

It will be a hell of a lot of tax and business paperwork. :evil:
It may fail bigtime. :cry:
But, fail or succeed, it will be something you did for you. :D


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you feel a loss of energy, loss of power, a sense of spiritual deadness."
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LiendaBalla
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10 Dec 2009, 6:04 pm

Feeling it right with you, stereokid. Ignore the media and their positive propoganda %^. We'll know if things are actualy better when we see it, now won't we.