How are you faring in this worsening job market?

Unemployment is rising more sharply than economists had predicted.

The unemployment rate hit 10.2 percent in October — the first time it climbed over 10 percent since 1983. Most economists were expecting the rate to come in at 9.9 percent.

Nearly 16 million people are officially unemployed, the Labor Department said today.

How are you faring in this worsening job market? If you’ve landed a job after being laid off, do you have any words of wisdom for those still out there?

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41 comments Add your comment

Sting 'em Buzz

November 6th, 2009
9:06 am

My layoff takes effect December 11th.

Still Laid Off

November 6th, 2009
9:12 am

Have been out of work since April. Have a couple of leads and will know more next week. I read once that for every $10,000 you make over $20,000, it adds a month to your job search. I should be doing really well! :0)

(You have to keep your sense of humor in this job market. If you don’t, you’ll never get out of bed.)

SNN

November 6th, 2009
9:24 am

Went back to work in April after being laid off for 5 months…took a drastic pay cut so I could have a job–money is tight!

Jeff

November 6th, 2009
9:25 am

Faring well enough to be sitting around doing nothing but responding to this poll. This economy is an Obama disaster.

joann

November 6th, 2009
9:28 am

IT’S EVEN WORSE WHEN YOU WERE FIRED FOR PERSONAL FEELINGS AGAINST YOU. IT IS SAD WHEN A PERSON IN POWER WILL USE HER POWER AGAINSY YOU AND NOT 1 PERSON WILL DARE STAND UP TO HER FOR FEAR OF THEIR JOB.

Jen

November 6th, 2009
9:32 am

My company will close in the next couple of months. There will be about 420 more unemployed in Marietta.

Chief Wiggum

November 6th, 2009
9:32 am

I’ve been out of work since February. Job market stinks out there. Atlanta is even worse than other cities, it appears. My job was a victim of the economy, development in metro Atlanta has slowed to a crawl, and I know far too many in my field who are still looking.

Obama our Savior

November 6th, 2009
9:47 am

Work is for suckers. I voted for Obama because he is going to take care of me. I will never have to worry again. All praise our dear leader Obama!!!

emack06

November 6th, 2009
9:51 am

“Jeff” – people like you want to blame Obama are being disingenuous; no, flat out liars. You are the same people who bark about less government involment but when things are not going your way, you want to blame the government. Whatever happen to “picking yourself up by your bootstraps”? We are in a recovery folks, thanks to the actions of the Obama administration. While I sympathize for those who are laid off, things could be much worse. The rate of unemployment has consistantly decreased over the months. As in any cycle, you have your low periods and your high periods. Things are and will get better. I would hope people would do all they can to prepare themselves for new jobs once things do get better.

In my field, IT, there are still many opportunites for employment of highly skilled, qualified individuals.

need a job BAD

November 6th, 2009
9:54 am

I have been out since Feb. This extention isn’t going to help me at all since mine doesn’t run out until next year. I can’t find a job to apply for. This is insane!!!!!

Obama our Savior

November 6th, 2009
9:55 am

Enter your comments here

Reality Check

November 6th, 2009
9:59 am

As a business owner I can tell you that Obama scares the dog squeeze out of me. We have no idea what his plans for health-care, cap and trade, and general wealth redistribution schemes are going to do to us. The general consensus among business owners is that going forward employees are going to cost more. Until this president and congress understand that true economic growth and innovation come from the private sector and actually create policies that encourage job growth you can expect the unemployment numbers to stay high regardless of GDP growth.

tom shoupe

November 6th, 2009
10:04 am

Unemployed since Jan 09. Had very close to 4million dollars in sales in 11 months in my last job and can’t find a sales job. Age discrimination has always been around and I suffer from that. My last three jobs entailed four years. A red flag. I was not terminated. Jobs were eliminated. I can’t get a job holding a sign on a corner or a janitorial job. Over qualified. Very depressing and boring.

Concerned Georgian

November 6th, 2009
10:06 am

I’ve been unemployed since July 2008. A couple of weeks ago, I was given a project through a corporation, which will last until next fall. This project pays no benefits and pays me half of what I was making at my last job. Statistic may view this as study employment. I view it as temporary or irregular employment and still consider myself unemployed or underemployed. Georgia’s rate of unemployment may be 10.5 percent; however, I believe the rate for underemployment is 20 – 25 percent.

John

November 6th, 2009
10:28 am

Totally annoyed.My position was eliminated in April.I know the reason I am an older worker and
younger people can be hired for less.But at what cost? We baby boomers have a high work ethic.
We don’t stay out partying and come in with hangovers.Our communication skills are better.

Will work for cat food.

Jerr

November 6th, 2009
10:40 am

Stand up and cheer. Just because someone owns NJ and does not like the current trend and decides to reverse things. Here is what is really going on. The crack pot smokers. That got us involved in a war. With people that did virtually nothing. Never could find WMD. So you know what blame the current situation on anyone. Please do. Thing is no ones walking into that one. All they have to do is remember 2001-2008. How the world hated us for the actions of some people. That really should have been in a mental hospital instead of governing.

Sean

November 6th, 2009
10:41 am

I was laid-off in December last year. I have an MBA and 10yrs of marketing management experience. I wanted to stay in ATLANTA so badly but there are few opportunities here. I am expanding my search to TEXAS where I was offered positions earlier in the year…..

Also…the KARMA the Human Resources folks are creating by abusing candidates for the few jobs that are open will come back to haunt them I pray. I have never been so jerked around in all my career. They have you interview four and five times…take weeks to get back to you…..sometimes they just never respond….cancel/postpone interviews etc…..I would say at least 50% of my friends have lost their jobs…high paying jobs $85K plus….not only is the unemployment rate so high…but the jobs hit the worst seem to be the middle management ones….

Phillip

November 6th, 2009
10:52 am

As a small business owner, I can tell you the most likely solution to our cash crunch at this time: lower taxes! Many fiscal conservatives have been pushing a payroll tax holiday as a boost to small business. If we kept the tens of thousands of dollars we spend on payroll tax each month, I would increase my staff.

It’s simple. LOWER TAXES = MORE JOBS. Obama and the Democrats are economic idiots. The proof is in.

Fred

November 6th, 2009
10:59 am

I’m keeping my head low, keeping a positive outward attitude at work. Our business is 60% off from a couple years ago and the company is cutting cost and bleeding red ink. However, I am supportive of whatever endeavor company policy is thrown at us to keep things afloat.

I will be turning 50 years old soon and know that finding another good paying job with benefits would be next to impossible. If worse comes to worse, I could survive on a much lower paying job due to living way below my means. However, like everyone I am still scared at present. I’ve been thru down times before but it’s never played out this bad and paralyzed me with internal fear.

NO JOBS FOR OLD EX-CONS

November 6th, 2009
11:00 am

I can’t find a job unless I agree to work for free.I am almost 50 now,have a criminal record from the early 1980’s when I was a stupid young man and with this INFORMATION AGE anyone can find out anything on anybody!I have been interviewed dozens of times over the last few years,been called back for another interview at least 25% of the time and when these companies did background checks I never heard back from them….I wish they would leave the 25-30 years in the past…that what happens when you are a dumb pot smoking kid that gets caught with an ounce of marijuana!

ThirdWheel

November 6th, 2009
11:01 am

Hey Joann we must work at the same company… I got laid off but yet I was working my butt off and had the jobs of three people!! I got laid off and replaced by two people because the person in charge can’t stand working with black people. I pray for her bad karama every night…..

Unemployed Granny

November 6th, 2009
11:09 am

Unemployed going on six months. No prospects. Zero, zilch, nada.

A very Merry Christmas to us all (Bah, humbug!).

Ex Fruit

November 6th, 2009
11:28 am

Thank you Warren Buffett!!! You stood by and allowed your company to shut us down and send our jobs to workers overseas.

Chris

November 6th, 2009
12:04 pm

I was laid off in April of ‘07. I have sent over 1000 resumes out. I have applied for jobs in all kinds of different industries. I have experience in many different fields, doing many different types of work. At this point, the only thing I can figure is that employers see the lapse in employment and their knee-jerk reaction–which is outdated, given the widespread long-term unemployment of so many–is to toss out my resume. And it’s not like I have been sitting on my rear this whole time; I’ve been doing independent contractor work for some e-commerce sites and doing volunteer work for causes that I believe in. I’ll keep doing the e-commerce jobs, but they only pay about $2 an hour. And, like many others, I’ve experienced the degradation of HR people with their unresponsiveness: no response to sent resumes, not replying to follow-up calls or e-mails, or sending an e-mail saying they’d like to schedule an interview then never hearing from them again-and trying to get a hold of them, but they never return calls or e-mails to schedule the interview. It’s a disgrace. HR people need to get their stuff together and learn that how you treat prospective employees is a reflection of your company. I’m compiling a log of each company I apply to and how the HR staff was and I will be posting it online for all to see. I hope others do, too.

David

November 6th, 2009
12:17 pm

I never would have thought the odds of getting a job even at 50%of my previous pay would be greater than hitting the lottery.

Frustrated Georgian

November 6th, 2009
12:27 pm

I was laid off in January of 08 and was unemployed for 6 months until I found another job but was laid off AGAIN after 3 months due to “downsizing”. It was hard, but I felt even worse for some of the people that had been there for 15-20 years and getting laid off right along with me. So then I was unemployed again for another 9 months until finding a temp job that pays HALF of what I am used to making. I have a Bachelors Degree and remember being told during my college years that I could expect to make 85-100k a year with my degree. Well, times have certainly changed in the past few years and companies want to pay me minimum wage now. It’s ridiculous! I’ll never get my student loan paid off at this rate!

Uri

November 6th, 2009
2:17 pm

I feel bad for the people that can’t find work. If you go to certain corners. You can find people standing around looking for work. Day labor usually pays that day. It gives you something to do while looking for something else I guess. You work when you need to or when you want to. You can learn to do different things however it is mostly labor.

kdub

November 6th, 2009
3:47 pm

I am in the minority when I say I’ve had my best year ever. I was laid of in April, worked for a month as contractor for an old employer at double my hourly rate. My severance would have carried me thru to 2010, but two months later, I got a job with a company that relocated to ATL. Position was a promotion as well as a salary increase.

[...] is the original post:  How are you faring in this worsening job market? | The Biz Beat Related [...]

JYD

November 6th, 2009
8:21 pm

Lets face it the Atlanta miracle is over. Chasing manufacturing jobs by offering cut rate wages and right to work lablor laws has been trumped by a cheaper labor force in China and Mexico. I find it comical that th Georgia Government considers it a big deal when they lure a company by offering tax incentives. Meanwhile they don’t have enough money to pay their workers and they implement furloughs for all of their employees.

What good is it to pay a couple of hundred thousand for jobs that pay sub standard wages? I wonder what Sonny and his cronies are going to do this year as tax revenues continue to plunge?

A.S.Mathew

November 6th, 2009
9:29 pm

As a small carpet broker, I feel the pain every day, which was started
six months back. Now, getting an order is a miracle, and so cutting
down everything possible. Even if the economy is going to boom next
month, I still will not blow up money as I used to do. I have a new
mindset about dollars and sense, which is a great lesson to follow.
This recession is a good lesson for all to be cautious about spending
money for the fun of spending it, for less needed material things of life.

Harris

November 7th, 2009
9:28 am

My layoff occured in Nov 2008 and was employed in commercial real estate development – an industry truly in depression at this point. Chris and Sean nailed the point about HR dept’s creating bad karma with their insensitive treatment of job applicants-I have experienced plenty of that same treatment over the past year. Managed to line up a modest consulting job with my former employer this past week but it’s really just a band aid. Stay out of debt, folks, learn all you can about green (even if you think it’s overhyped) as it applies to your livelihood and hang in there..

tolie

November 7th, 2009
9:47 am

Used to be the day labor people charged you to pick you up and take you there. Used to deduct from your money lunch and all kinds of things you walked away with nothing. Now you can stand out there. Places all over Atlanta metro. People just stand out there and get picked up for work. The day labor business are all closed down. Now you keep what you make and no one deducts it. Ain’t no shame in working, agreed.

Lloyd Braun

November 7th, 2009
10:08 am

Eat’n Raman watch’n the soaps. Prospects are hopeless.
Mazel tov,
Brauny

Mr. Council

November 7th, 2009
2:11 pm

My employer pulled the plug me on me will be 2 years in December. But I’m faring about as well as I make it to be. It’s tough but hardships don’t last and those who are already hardy survivals do. I consider myself one of the survivals of the 50’s and 60’s, whose life is one of hardship and daily challenge and I am learning to weather this period of high unemployment and lean times by being creative ways of marketing my skills and experiences. You have to ask yourself all the time, “Is my net working?” Networking is a critical key to continue to weather the storm of high unemployment challenges.

Thinking Out Loud

November 8th, 2009
10:17 am

It’s no wonder that there is general lack of respect for our “friends” in Washington D.C.

Every program they design solves not the problem at hand and creates new consequences.

With the “real” unemployment rate at above 17%, what do these clowns do?

Spend money that we don’t have ( real stewarts of the American trust, aren’t they), on programs that have limited benefits foe which we will pay in spades for generations to come, without consideration of the consequences.

And, WHAT A STIMULUS! No sustainable job creation.

To create a productive society requires private investment and capital formation.

Let’s cut taxes, encourage investment. and set us on a path where we invest in innovation and create sustainable jobs.

As a small business person, I have had it!

Until our government understands that I risk my capital every day and bet I can sustain my little business, I will not put our team in financial peril by creating any new positions .

Sorry…Blame the government, particularly the Pelosi/Reed crowd and your friend in need, the Obama Administration!!!!

Sally

November 9th, 2009
1:06 am

Most of you all should have been worried about Bush. If you had been more concerned about what this man was doing then you might still have had a job!

Sammy

November 9th, 2009
10:31 am

The sincerity of people sometimes escapes me. However the above comment is about right. No one cared what they were up to. Live for today. Cruising along. Didn’t matter what they were doing. It all sounded so good and righteous. They all looked so responsible and upstanding. Deal is many knew what they were up to. Now you squeal because you want to crank up that kind of irresponsible if not deadly behavior again. Welcome to your negligence.

RGB

November 9th, 2009
4:13 pm

Sally and your ilk:

We were worried about Bush’s economic policies, but if you didn’t like them and don’t complain vigorously about Obama and the Democrats, you are not only not knowledgeable about economics but you are dishonest as well.

Here are some Obama economic “accomplishments” that Bush never “achieved”:

10.2% unemployment. Highest in 26 years.
$787 billion stimulus pkg. so unemployment wouldn’t go past 8%. See above.
Highest budget deficit of any nation ever.
Accumulated U.S. debt first 230 years = $11 trillion. Next 10 years = $22 billion.
Health “plan” that will ration care, break fragile economy, increase premiums.
Cap and tax bill adds $3,000 in expenses to avg. U.S. family.

Add to this list the first domestic terrorist attack since 9/11.

RGB

November 9th, 2009
4:45 pm

Here are some more things the Democrats have lined up for us. Even Obama voters (who are illiterate with regard to economics) know in their hearts that the following will further hurt an already desperate economy.

-Higher Corporate Taxes.
-Higher Marginal Rates on Personal Income.
-Elimination of the Bush Tax Cuts.
-New Value-Added Tax (VAT).
-Higher Minimum Wage (increases unemployment).
-Cap and Trade Tax (affects everything you buy, using electricity….breathing).
-Higher Insurance Premiums.
-Higher Capital Gains Taxes.
-Higher Death Taxes.

Ann Coulter said it well:

“… the problem is that voting for Obama a year ago was a fashion statement, much like it was once a fad to buy Beanie Babies, pet rocks and Cabbage Patch Kids. But instead of ending up with a ridiculous dust-collector at the bottom of your closet, the Obama fad leaves you with higher taxes, a reduced retirement fund, no job and a one-year wait for an MRI.”

Jackie

November 10th, 2009
8:05 am

Me thinks. It is not about politics. What all of this is really about is borrowing. Nice house I think to myself. What about that mortgage you say to your neighbor. No one forced you into borrowing that much money. Living way beyond your means. That is what this is about. You really cannot blame the government. You had the paperwork. You knew how much you had to pay back. You do not have a lifetime contract to be employed. Now do you? Is it for the government to warn you about what is left to common sense? $20,000 car? $175,000 houses? Must be nice. When you can get these things I guess ignorance is bliss. When you cannot get these things common sense brings you back to reality. Is everyone responsibly for your folly?