Friday, April 1, 2011

Ready to Quit?

Considering that 80% of America would be broke if they missed 1 month of paychecks, the "optimism" described below, is simply "optimism" and not based on reality.   Indeed I agree that this attitude is yet another costly outcome of not the (de)recession, but the index pumping and bankster bailouts that come at an unacceptable cost to society.

Glassdoor reports that 40 percent of those surveyed believe they could find a new job if necessary in the next six months which "matches their experience and pay". That's up from 35 percent from the quarter before, and it's the highest level of confidence in a year and a half.
"This optimism in the job market has grown among all age groups, most notably among younger workers 18-34," Glassdoor reports. Half of those in that youngest group think finding work would be no problem over the next six months, but even 29 percent of those over 55 agree.
"This report should put employers on alert as the economy improves and employees become less risk-averse to change," says Glassdoor's Rusty Rueff. "We're seeing early warning signs that employment churn will rise, which will be another disruptive and costly outcome of the recession for those who don't prepare."


  1. If I missed one paycheck, I'd be broke. Hey, wait...I'm broke without missing ANY paychecks! And if I lost my job I'd be totally screwed. I'm too old to get anything in my line of work. Those 29% over 55 are dreaming. "Hello, welcome to Wal-Mart"...there's your future, friends, if you're one of the lucky ones, that is.

    We've been trying lots of cat food out on our finicky new cat. Some of it doesn't look or smell too bad. Just planning ahead.



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