I was wondering what fields suffered the most job losses bec of the downturn? I know retail jobs are still easy to find. But who was hardest hit? Was it people
in the auto industry? I have been working for many years and am doing a masters and I know that is no guarantee of future employment but I wanted to know who
these times were worst for?
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OT: Question about the economic downturn: what field had most job losses?
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 Shine.beautybuzz |
OT: Question about the economic downturn: what field had most job losses? |
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Posts: 31 10/19/09 03:45:57 |
*Shine* *Living in NJ* *Buzzing since 1999*
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quanyn |
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Posts: 35 10/19/09 04:28:00 |
Architecture has been hurt very badly because developers cannot get loans to build.
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Shine.beautybuzz |
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Posts: 31 10/19/09 04:31:02 |
And construction workers and contracters also took a hit?
*Shine* *Living in NJ* *Buzzing since 1999*
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Emeraldcity2 |
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Posts: 651 10/19/09 06:21:06 |
You know since you mentioned that I did a search. No one can really seem to decide who has been hardest hit. One article says men, because they tend to have
higher salaries. Another say college grads because they have no experience. One says, white collar workers, another says Latino immigrants, low paid workers,
construction workers, etc., I think it depends on where you live as to which industry is the hardest hit.
Personally I think the hardest hit industry overall is the auto industry. New construction is also hit very hard, but remodel construction is way up. People are spending it to stay in their current place rather than move to another.
"Are you jumping, or am I under
medicated?" Don't let your mind wander. It's too small to be out by itself. My bra is more of a cross-your-waist. Well are you just the most adorable black hole of need. |
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makemepretty |
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Posts: 119 10/19/09 06:31:00 |
My husband is self employed as a contractor. It's just him because we've had a hard time paying anyone who helps because no one has the money at the
end of the job so he has to do it himself. Yes, remodel may be up but they're not paying those they hire.
People will tell you, they're just a little short and could you give them a week....then all of the sudden they're not answering the phone and you can't sue someone who doesn't have the money because it gets you no where. Soooo frustrating. It's a tough field because no one wants to pay for everything upfront, so you get a percentage as you go and at the end, the balance is due. But lately, no one has the money at the end. The same people who want you to hurry up and finish and work the weekend, will dodge you come payday. My husband has spent a month trying to get $645 from a guy, that's our bill money. Last year he got stiffed from a contractor over $5,000. You keep working because they say the money is coming and the other option is just sitting home. People's checks bounce, etc. It makes me want to cry. I've gotten really good at making meals for 4 people for under $10. You also can't get unemployment if you're self employed but how many people could survive for a month if their boss didn't have the funds for their paychecks? |
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MeganGMcD |
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Posts: 376 10/19/09 06:35:31 |
The demise of the auto industry can be tied right into the demise of the media.
Newspapers, local TV, etc. have been hit badly because the Auto Dealers were one of the best advertisers. I don't know if the demise of newspaper advertising was inevitable, but it was certainly helped along by the real-estate, auto, a job markets.
I've always been a big fan of beauty. Sure, you can't judge a book by its cover but who wants to have sex with a book?- Stephen Colbert
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MaxHavoc |
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Posts: 162 10/19/09 06:37:16 |
In my opinion it is construction followed closely by tourism related jobs.
A lot of service industries are suffering as well. Most people are trying to lower monthly expenses so they no longer have professional manicures, eat out quite as often, or pay a gardener to mow their lawns each week. Let's face it, the list is long and this economy is hurting almost everyone. 
 "Tomorrow- You'll have to cross bridges that you
burned today."
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Glassgeraniums |
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Posts: 1188 10/19/09 06:56:03 |
Come on over to Michigan - and you'll see the state that's been the hardest hit in the nation
 It's been a job bloody butcher bath up here, and I don't believe any
industry has been spared, not even healthcare.
Michele ~ Light skin, neutral to slightly yellow-toned, dark brown hair, blue eyes. Px Traceless #2, Px Virtual Matte/Flawless in
Vellum. Blinging from the metro-Detroit area.
Formerly mxk3 |
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MaxHavoc |
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Posts: 162 10/19/09 07:01:46 |
Michelle, Vegas is right there with you Michiganers. ;( This town is slowly turning into a ghost town and I don't see it picking up anytime soon.
"Tomorrow- You'll have to cross bridges that you
burned today."
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Glassgeraniums |
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Posts: 1188 10/19/09 07:06:25 |
Sheila - I wasn't aware of that. My brother and SIL live in Vegas, and I know your housing market is in the cr*pper like hours, but they haven't said
anything about the job market.
Well, in any case, sadly Michigan has the highest unemployment rate in the nation, as of last week it was 15.9%  .
Michele ~ Light skin, neutral to slightly yellow-toned, dark brown hair, blue eyes. Px Traceless #2, Px Virtual Matte/Flawless in
Vellum. Blinging from the metro-Detroit area.
Formerly mxk3 |
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MaxHavoc |
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Posts: 162 10/19/09 07:17:11 |
Michelle, tourism has been hit HARD and casinos have been laying off big numbers. Housing is expected to continue it's downward spiral with no end in sight
here. Unemployment is not too far behind you and just a couple of years ago we were the lowest unemployment in the nation.
I have noticed many retail
centers (strip malls etc) are becoming increasingly more vacant as each week passes. I recently learned from a friend that a couple of the huge construction
projects that have been "delayed" due to the economy have begun asking the Ironworkers Local for estimates to remove the high rise iron. Very
sad.......
"Tomorrow- You'll have to cross bridges that you
burned today."
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makemepretty |
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Posts: 119 10/19/09 07:24:28 |
Wanted to add, we do live in Michigan. Yep, it's sucks right now.
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Glassgeraniums |
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Posts: 1188 10/19/09 07:38:59 |
Michele ~ Light skin, neutral to slightly yellow-toned, dark brown hair, blue eyes. Px Traceless #2, Px Virtual Matte/Flawless in
Vellum. Blinging from the metro-Detroit area.
Formerly mxk3 |
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The New Dianne |
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Posts: 966 10/19/09 08:09:41 |
One of the distinguishing features of this recession is that it is not limited to one industry or sector. It's not like the dot.com bubble bursting or
previous recessions where manufacturing took the hardest hit, it is everywhere, because it's tied into the collapse of the finance industry and the real
estate market.
Yeah, depressing I know.
The poster formerly known variously as Dianne P and Dianne the B.
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LADogMom.beautybuzz |
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Posts: 740 10/19/09 08:38:26 |
Statistically - I don't know...But manufacturing (including the auto-industry) employs the largest number of people.
Manufacturing to me has the largest "dribble down" impact...i.e. people aren't buying homes, so builders aren't buying air-conditioning units, the people who manufacture air-conditioning units are cutting jobs because there is no need for their product, the people who work for the air-conditioning manufacturer who lost their jobs aren't buying new shoes so the people who make the shoes are eliminating jobs, etc., etc., etc. I'm very concerned about the number of higher paying jobs that have disappeared...It is very frightening and very depressing. Just my opinion. |
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Starry Night SS |
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Posts: 549 10/19/09 15:48:39 |
The legal field was hit really hard. I think this will definitely affect law school admissions in future years. Right now, many people who were expected to
start working at firms have been deferred, indefinitely deferred, or had their offers rescinded entirely. And the majority of these people are $100,000 in
debt.
Formerly Starry Night..now Starry Night SS on Beauty Bling!
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tanya.beautybuzz |
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Posts: 83 10/19/09 16:32:07 |
Agreed. The legal field was hit hard.
- Tanya
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What a Hoot |
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Posts: 798 10/19/09 16:41:31 |
Well, Hooterville has the highest unemployment in the state. It was somewhere at 12% a couple of months ago. Then one of the largest employers closed down. God
knows what it is now. We've never had a very good job market but this is just crazy. It's like the town is dying. More people are leaving than are
moving here. That hasn't happened in years and years.
Bravely embarking on The Great Debt Reduction Act of 2009. Die, Visa, Die! 38.8% of goal met as of 10/16/09
~formerly Karen...in another life~ If you say your real age out loud, your face hears you |
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