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| Work wanted: Jobseekers report that no new openings seem to be available |
According to a recent poll, 32 per cent of Americans are crazy. At least, thats how I read the data. What the poll, conducted by Associated Press-GfK Roper Public Affairs & Media, actually found is that an astonishing 32 per cent of those surveyed are confident that they are secure in their jobs.
How can anyone today feel safe? Many industries — automobile manufacturing, media, the retail sector, financial services and construction to name a few — are in free fall. And even technology giants such as National Semiconductor and Dell have begun laying people off. So has that symbol of all symbols, Microsoft, which recently announced the first major layoff in the companys history.
And it all trickles down. As computer programmers cut back on their lattes, Starbucks workers lose their jobs. And as taxes shrink, governments contract, which means that tiny branches of local libraries are laying off people too — despite the fact that, in many communities, libraries have emerged as gathering spots for unemployed people of all ages.
The official US unemployment rate is 7.6 per cent and growing. The actual rate is probably closer to 14 per cent if you include people so discouraged that theyve quit looking or taken part-time jobs. Surveys have found that most Americans have friends or family members who have been laid off in the last six months. So its hard to look at the one-third of Americans who remain optimistic and not conclude theyre nuts.
In the global marketplace, mass firings have become the knee-jerk reaction to whatever bad news comes along. During December 2008 alone, there were 2,275 mass-layoff events nationwide, down slightly from Novembers record high of 2,333. As a point of comparison, there were 1,352 mass layoffs in November 2007 and 1,469 the following month.
The US Bureau of Labor Statistics also reports on what it calls extended mass layoffs, which is what happens when private sector nonfarm employers report that 50 or more employees have remained out of work for at least 31 days. During the fourth quarter of 2008, 3,140 extended mass layoffs left 5,08,859 people separated from their jobs.
I run a website, EconoWhiner.com, where people share their experiences, strategies and emotions in this time of economic downturn. One correspondent posted the story of a recent day: I called a contact at one of our clients offices, only to be told that she had been laid off. Then, I headed into a meeting with another client and right before it began, they called one of my colleagues, my best friend at the office, into a side meeting where they fired him — part of a large bank layoff. It was the closest this has come to me losing my job, and I felt that the Depression had hit.
Its a pretty good bet that this guy, although still employed, was not among those reporting confidence that theyd keep their jobs. So who are these confident workers? As a longtime journalist, married to a longtime editor, living on the same island as Wall Street, its fair to say we have so many friends who are out of work that actually having a job is coming to seem odd. I can count on one hand the families I know in which both spouses seem safely employed.
I have retrained several times, relocated many times, and always survived, at least until now, another EconoWhiner correspondent recently wrote. This time it really is different, and I think that everyone can sense that. It feels like there are no actual jobs at the end of the Monster.com, Twitter and Facebook rainbow — its really all one big support group. No one gets to go to a regular place every day where they get paid on a regular basis. But everyone pretends anyway, because whats the alternative to this ceaseless networking? Sitting at home rewriting your résumé one more time?
On the last business day of 2008, there were 2.7 million job openings in the US, bringing the rate down to 1.9 per cent — the lowest since the Bureau of Labor Statistics started keeping records eight years ago.
Another recent poster to EconoWhiner described what its like looking for a job when there arent any: I was laid off in May 2008 from a job I was sure I would have until I retired. So now I spend my days sending my résumé into the black hole of the Internet. I was completely overwhelmed when I actually received a letter from a firm that informed me I did not get the job I had applied for but was more than welcome to re-apply if another opening became available.
So who were these optimists in the AP-GfK poll? Heres what I suspect: if its true that we cant dream about our own deaths, maybe we cant contemplate a world in which the skills that weve learned, the jobs that weve worked at, the employers who have hired us and the industries that weve taken for granted are disappearing all around us. Maybe that one-third of Americans are simply in denial. Maybe the real question is this: why arent more of us?
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