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	<itunes:summary>Podcast highlighting public radio coverage of the economy, the recession, employment, the mortgage crisis and health care issues.</itunes:summary>
	<itunes:author>Roman Mars</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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		<itunes:name>Roman Mars</itunes:name>
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	<copyright>2006-2010</copyright>
	<itunes:subtitle>Public radio coverage of the economy.</itunes:subtitle>
	<itunes:keywords>economy, healthcare, mortgage, recession, unemployment</itunes:keywords>
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		<title>EconomyBeat.org &#187; unemployment</title>
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		<item>
		<title>The wrong job</title>
		<link>http://economybeat.org/jobs-and-unemployment/the-wrong-job/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-wrong-job</link>
		<comments>http://economybeat.org/jobs-and-unemployment/the-wrong-job/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 20:05:47 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[New York City]]></category>
		<category><![CDATA[underemployment]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=8139</guid>
		<description><![CDATA[From the blog Laid Off in NYC, a post about taking a job out of desperation and then regretting it. The Silent Soul-Crusher: UNDERemployment I got a job back in June and since then, kind of fell off the blogging wagon. I thought, hey I’m employed now, it’s all good. Hah! Little did I know [...]]]></description>
			<content:encoded><![CDATA[<p>From the blog <a href="http://laidoffinnyc.wordpress.com/"><strong>Laid Off in NYC</strong></a>, a post about taking a job out of desperation and then regretting it. </p>
<blockquote>
<p><a href="http://laidoffinnyc.wordpress.com/2010/01/21/the-silent-soul-crusher-underemployment/"><strong><em>The Silent Soul-Crusher: UNDERemployment</em></strong></a></p>
<p>I got a job back in June and since then, kind of fell off the blogging wagon. I thought, hey I’m employed now, it’s all good. Hah! Little did I know that with each day I spent at my new job, my soul would be crushed a little bit more.</p>
<p>At first, I was psyched to be back at work – just to be doing something besides searching endlessly for jobs on the internet. Everyone asked me how my new job was and I said things like “I have a whole new perspective now,” and “I’m just grateful to have any job at all.”  Which was true.</p>
<p>But in hindsight, I took my job because I was depressed and desperate, not because it was something I was truly passionate about, or a company I really wanted to work for. And as a result, here I am, underemployed and stuck, eight full months later.</p>
<p>Here are some signs that you (and I) are underemployed:</p>
<p>    * Your bosses take you for granted and don’t treat you well (i.e. no holiday bonus, no holiday gift, no holiday card, never say thank you, expect you to go above and beyond your job duties with no compensation).</p>
<p>    * You accepted a lower salary than you should have because you were desperate, and now you’re barely breaking even. You may have even accepted a job with no benefits (like me), which was a mistake and is a constant source of stress and worry.</p>
<p>    * You feel underpaid and under-appreciated on a daily basis and are working in a position below what you should be/are qualified for.</p>
<p>    * You dread the idea of having to start the job search process over again and possibly end up in a position you still don’t like, but you know you don’t want to stay in your current job.</p>
<p>    * You sometimes consider going back to school, but have no money to pay for it or means to support yourself while doing so.</p>
<p>    * You watch your friends and old coworkers advance in their careers while you remain stagnant in yours, and even feel like you have regressed.</p>
<p>    * You are depressed that you can’t get unemployment again if you quit your job and regret not spending more time looking for a job you really wanted.</p>
<p>    * You want to feel sorry for yourself but know you shouldn’t, but no one really understands who hasn’t been through the same thing.</p>
<p>So that’s it, that’s my sob story of underemployment.  I don’t want to feel sorry for myself, or wallow in my underemployment, but it’s hard.  All I can do is try to maintain a somewhat positive attitude while going into my job that I don’t like (verge of hate) every day, and hope that someday soon, I’ll get my big break. I keep hearing that there are “millions” of my fellow underemployed Americans stuck in the same position that I am and that should be comforting, but somehow it just makes the task of trying to find a new job seem even more daunting.</p>
<p>Still, it’s good to know that I’m not the only one.  So if you’re out there, fellow underemployed, sound off here. What advice do you have for me or anyone else in our shoes? In the meantime, I’ll keep you updated on my struggle to break free from underemployment (have an interview Friday!).</p>
</blockquote>
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		<title>Good to go</title>
		<link>http://economybeat.org/jobs-and-unemployment/good-to-go/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=good-to-go</link>
		<comments>http://economybeat.org/jobs-and-unemployment/good-to-go/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 18:36:39 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=8134</guid>
		<description><![CDATA[Another entry from Reddit&#8217;s Ask Me Anything feature. I&#8217;ve been fired from 30 different companies and I&#8217;m not yet 25 Question: How do you get hired over and over again? Answer: I used to list only the most recent three and lie about the dates in which I was employed. Now, I site my side [...]]]></description>
			<content:encoded><![CDATA[<p>Another entry from Reddit&#8217;s <a href="http://www.reddit.com/r/IAmA/"><strong>Ask Me Anything feature</strong></a>. </p>
<blockquote><p><a href="http://www.reddit.com/r/IAmA/comments/bbg85/ive_been_fired_from_30_different_companies_and_im/"><strong><em>I&#8217;ve been fired from 30 different companies and I&#8217;m not yet 25</em></strong></a></p>
<p>Question: How do you get hired over and over again?</p>
<p>Answer: I used to list only the most recent three and lie about the dates in which I was employed. Now, I site my side IT jobs as a business and that allows me to list many as independent contracts.</p>
<p>Comment: You know some people say, it&#8217;s not you, it&#8217;s me? Yeah, it&#8217;s you.</p>
<p>Answer: Oh definitely. The biggest reason I get the ax is because I&#8217;m a huge prick.</p>
<p>Comment: Hey man, at least you&#8217;re upfront about it. Props for that.</p>
<p>Comment: Well, that clearly doesn&#8217;t solve anything. Being an ahole is pretty disrespectful, regardless of whether he admits to it or not. Also, the fact he&#8217;s been fired 30 times and still doesn&#8217;t change is almost laughable.</p>
<p>Comment: Now there&#8217;s a straight shooter with upper-management written all over him. What if &#8211; and believe me this is a hypothetical &#8211; but what if you were offered some kind of a stock option equity sharing program. Would that do anything for you?</p>
<p>Answer: I&#8217;m thinking not. If it was offered, I&#8217;d probably take it, then get pissed when people didn&#8217;t do things my way. I would openly express my views and get the ax. I&#8217;ve been in similar situations- not upper management and stock options, but having a vested interest.</p>
<p>Question: What do you do to get fired?</p>
<p>Answer: It differs somewhat from job to job, but I can name a few. I was canned for getting caught with my mouth on the shake machine at a certain fast food chain. I got caught making out with an electronics girl at a department store in a back room. I&#8217;ve been in several name-calling arguments with managers in front of customers or other employees. A couple have been no call/no shows. Had a customer&#8217;s car&#8217;s oil pan drain out for a quarter mile down the road. I&#8217;ve been accused of being too harsh in emails, too condescending over the phone, and rude in person.</p>
<p>Comment: No offense, but grow up. Jesus.. you&#8217;re 25 dude. This isn&#8217;t excusable after 16.</p>
<p>Comment: He&#8217;s got upper management written all over him. </p>
</blockquote>
<p>Read the <a href="http://www.reddit.com/r/IAmA/comments/bbg85/ive_been_fired_from_30_different_companies_and_im/"><strong>complete conversation</strong></a> here. </p>
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		<title>Why so glum?</title>
		<link>http://economybeat.org/jobs-and-unemployment/why-so-glum/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=why-so-glum</link>
		<comments>http://economybeat.org/jobs-and-unemployment/why-so-glum/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 17:55:00 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[living the recession]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[poverty]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=8069</guid>
		<description><![CDATA[Yesterday we referenced a Floyd Norris column in the New York Times called &#8220;Why So Glum? Numbers Point to a Recovery,&#8221; which discussed the persistence of gloom in the air despite an improving economic outlook. The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and [...]]]></description>
			<content:encoded><![CDATA[<p>Yesterday we referenced a <a href="http://www.nytimes.com/2010/04/09/business/09norris.html"><strong>Floyd Norris column</strong></a> in the New York Times called &#8220;Why So Glum? Numbers Point to a Recovery,&#8221; which discussed the persistence of gloom in the air despite an improving economic outlook.</p>
<div>The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating. That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening&#8230;.</p>
<p>Why is good news being received with such doubt? Why is “new normal” the currently popular economic phrase, signifying that growth will be subpar for an extended period, and that the old normal is no longer something to be expected?</p></div>
<p>A good question, and <a href="http://community.nytimes.com/comments/www.nytimes.com/2010/04/09/business/09norris.html"><strong>Times&#8217; readers weighed in with answers</strong></a> in the comments section. A sampling:</p>
<blockquote><p>
Perhaps the sad reality that the rich get richer and the poor get poorer with the aid of our elected Senators, Congressmen and Presidents is depressing. Perhaps the fact that the United States is a plutocracy has dimmed people&#8217;s hopes for the future. Perhaps the fact that America doesn&#8217;t really have a sense of community or true social fabric woven into its core is upsetting. Perhaps we&#8217;re all upset that the herculean Wall Street thefts of the rich always seem to be legal while petty stealing is worthy of immediate incarceration. Perhaps the duplicity of life is a bit sickening to those with a sense of right and wrong.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>There are NO JOBS in many areas, except for temp work. The young my age put in anywhere from 50 to 150k getting their educations and came out with massive debt, and even if they had a previous full time work history and resume couldn&#8217;t get a job, and can&#8217;t still. I&#8217;m one of the phony census hires, so I&#8217;ll have 6-8 weeks more of work, and that&#8217;s it. After two years of unemployment one of my friends got a job for 10-15 hours a week, and it is thrilling for her to work in any way at all. This does not touch on the burdens of the unemployed middle aged to pre-retirement aged worker (employers have literally put my older aunt on the shelf), or our retirement aged parents who are lending us money, and shouldn&#8217;t have to. This does not touch on the people who don&#8217;t have parents or relatives or friends and are homeless and destitute. There are no luxury items either; just minimum payments on bills, and food. Everyone I know has applied to McDonald&#8217;s, to Target, to wash dishes, and are registered at countless temp agencies. (And like your article of last week described, I&#8217;ve done a full time &#8220;unpaid internship.&#8221;)</p>
<p>But someone says we are in recovery. Wow &#8211; that makes it ALL different. Absolutely we need a new stimulus package. Because to call millions of people getting seasonal work every year or two a &#8220;strong recovery&#8221; is madness.</p>
<p><span id="more-8069"></span>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>I think people are cautious because we were informed that this financial collapse was much larger and more widespread than any since 1929; that many financial institutions continue to misrepresent their balance sheets; that there is a huge oversupply of residential and commercial property that will take years to resolve; that many governments have severe financial problems; that unemployment in the US and other countries is large; that state and municipal governments are making unprecedented cutbacks; that manufacturing is well on the way to moving to China;that US infrastructure needs are not being met; that the US Government debt is at dangerous levels.</p>
<p>These seem to be serious problems not mollified by fluctuations in the stock market or 0.8% rise in employment, most in low-paying dead-end jobs.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Although anectodal evidence admittedly does not a strong recovery make, my older brother got laid off from his engineering job in Silicon Valley at age 58 when the dot com bubble burst in 2001, and he remained unemployed for the next 9 years. However, he just landed a great new position a few months ago. When a person old enough to be on Medicare, and who has been unemployed for many years, can find a job commensurate with his education and experience, it would appear that the tide is indeed turning. I know this little bit of personal history will not put food on the table of those still amongst the unemployed, but perhaps it will provide some hope for the near term future.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>I believe the average American will remain dubious because they no long trust or believe elected officials&#8211;top to bottom&#8211;and most are still suffering from this downturn.</p>
<p>The same federal officials who boast that the recession is definitely over are the same self-proclaimed experts who tell us there is no price inflation. Anybody with half sense and one eye who has shopped for anything in American during the past year knows the current inflation rate is at least 15%. So let&#8217;s give the average American credit for being savvy enough to be wary of any news coming out of the federal government&#8217;s sunshine mill.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Talk about Manhattan elitism! I noticed back in the 1980s that the stock market had nothing at all to do with the way the economy felt out in the real world west of the Hudson. In fact, Wall Street has always seemed to love mass layoffs and get nervous about high employment causing inflation.</p>
<p>I have never known so many unemployed and under-employed people in my life. I&#8217;m self-employed, my business is way down, and the clients I have aren&#8217;t willing to pay as much as they used to.</p>
<p>That&#8217;s REALITY, something New York Times writers often seem unacquainted with.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>I&#8217;m glum; and I&#8217;m an Economist. The pundits are saying that we are in &#8220;recovery&#8221; and that it will be a &#8220;jobless recovery&#8221;. As an Economist, I can tell you that there is NO such thing as a &#8220;jobless recovery&#8221;. If you doubt me, just ask anyone who is unemployed.</p>
<p>When I last checked, the &#8220;true rate of unemployment&#8221; in the USA was 21.9% and climbing; not the government&#8221;s and media reports of 9.7% and holding near steady. We&#8217;re due for a second, deeper dip in the economy (which is the opposite of all the political &#8220;experts&#8221;) are telling us. If you&#8217;ve got two bucks in your wallet, hang on to them!</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Why do I not believe it? Because my income took a 70% hit two and a half years ago when I got laid off. The only job I could find was in retail, and I had to ask a friend of a friend to put in a word for me to get me in the door there.</p>
<p>It&#8217;s been all I could do to hold on to my house and car, I&#8217;ve been sued by a credit card company for a $3000 debt that I&#8217;ve paid a total of $14,000 on over 10 years, and now they&#8217;ve gotten a judgment against me for $10,000 more. Nice way to make 80% per year on an investment, eh? I remember when there were usury laws.</p>
<p>So yeah, I&#8217;m still a little gloomy.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>The reason that the stock market is up is because it is impossible to get any return on investment with more conservative investments, thanks to Bernanke. This forces individuals and funds to put money in the market. There is no real underlying economic growth.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>People don&#8217;t believe it because human beings tend to look at the present and the immediate past to assess things, and they don&#8217;t look to long-term trends. When the housing bubble was inflating everyone thought things were hunky dory &#8212; the few who predicted doom were greeted with derision. Then the crash happened and the government went full tilt into trying to stave off disaster by injecting large amounts of capital into the financial system and spending money on a stimulus package, both moves likely staved off a far worse depression.</p>
<p>But people can&#8217;t compare what &#8220;might have been&#8221; with what is&#8230;</p>
<p>We keep making the same mistakes over and over again, but we don&#8217;t learn from them. The way things have been in the immediate past isn&#8217;t necessarily the way they will continue to be forever. Bubbles don&#8217;t inflate forever and crashes usually recover.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Because the University where I teach has announced a significant budget shortfall next year, with an even larger shortfall the year after, and is considering elimination of my department. I landed this job after a year of unemployment; I had lost the previous job due to budget cuts.</p>
<p>Because the number of available jobs for which I could apply is a small fraction of the number of such jobs &#8220;normally&#8221; advertised.</p>
<p>Because yesterday one of my best friends was informed of a 10% pay cut, effective immediately.</p>
<p>Because thanks to Wall Street and Washington and the insatiable, shortsighted greed of politicians and corporate barons, I can&#8217;t help believing strongly that IF there is a recovery, the benefits &#8211; at least for a long, long time &#8211; will go to a very few who are already at the top of the pyramid.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>I think most of us have lost confidence that our corporate, banking and manufacturing leadership have any capability of recovering. Supposedly smart people ran the auto industry into a ditch. Supposed masters of the universe designed and traded their way into a monetary house of cards. Trusted realtors and builders created a bloated housing bubble that bore no relation to the realities of cost and demand. Politicians now want to starve the beast and make everyone worse off. No we aren&#8217;t just glum, we are also angry&#8230;</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>There will be a substantial psychological impact from this recession that will last years. Americans face of future of less, not more, a future that holds little in the way of promise or security. My parents&#8217; generation lived through the Depression, and they never forgot it. Even though I was a very good employee, I lost my job to forces over which I had no control. I have been out-of-work for nearly a year. While I am hopeful of becoming employed in the near future, until I am, I&#8217;m certainly not counting on anything until it happens.</p>
<p>I will not soon forget listening to my wife and daughters cry themselves to sleep because of the stress they were under. I won&#8217;t forget months of &#8220;your resume is impressive; however . . . &#8221; letters, phone calls, and emails. With our savings exhausted, there is no longer money for home repairs, purchases beyond what is necessary, and, for my adolescent children, college. We lost years of slow saving and now, even if I am employed again soon, it will take years for us to get back to where we were a twelve months ago.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>It&#8217;s terrible when someone is out of work but we need a little perspective here. You can be out of work and the economy can be recovering at the same time. Just because I&#8217;m barely working (which is true) doesn&#8217;t mean the economy isn&#8217;t recovering. It&#8217;s not about me as an individual. So I welcome this as good news, giving me hope that better working days are ahead for me and others.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Many college students no longer have the luxury that I had&#8211;to choose a major and career based on personal interests&#8211;but have to follow the money. I truly believe this will affect their happiness for the rest of their lives&#8211;and they will never be optimistic about the economy. Here&#8217;s a small example: many people used to buy a new car when they graduated from college or got their first &#8220;real&#8221; job. Now&#8211;the used car or mom and dad&#8217;s hand-me-down is good enough.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>If my business&#8211;freelance writing&#8211;is the proverbial canary in a coal mine, then, yes, I agree that the recession does seem to be over, if not ending very soon. My Q1 2010 billings versus Q1 2009 billings are almost double. Q2 is already off to a big start, too, with a new book deal and six new writing assignments in the past few weeks.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>You know why nobody believes the recession is over? BECAUSE IT ISN&#8217;T! I&#8217;ve been out of employment since December 2008, as has our 26-year-old son. Our family income is now a third of what it was previously. We&#8217;re now in personal bankruptcy because despite all our cutbacks and efforts, every one of our credit card companies RAISED THEIR INTEREST RATES between November 2009, when the credit card reform bill was passed, and Feb. 22, 2010, when it went into effect. And the interest rates went up on our outstanding balances despite the fact that we had NEVER MISSED A PAYMENT!!</p>
<p>We&#8217;re dying out here in real America, and no one in Washington gives a damn about us. All they want is the money from other fat cats so they can go on being fat cats themselves. We&#8217;ve been betrayed by the system we helped to build. What suckers we all were!
</p></blockquote>
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		<title>Laying off the wrong person</title>
		<link>http://economybeat.org/business/laying-off-the-wrong-person/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=laying-off-the-wrong-person</link>
		<comments>http://economybeat.org/business/laying-off-the-wrong-person/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 10:00:10 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7785</guid>
		<description><![CDATA[The head of a management consulting firm writes on his Harvard Business Review blog that companies sometimes lay off relative underperformers simply because nobody understands exactly what they do. When the wrong person is fired, it hurts everyone involved &#8212; the person and his or her company. There&#8217;s a better way to solve this problem [...]]]></description>
			<content:encoded><![CDATA[<p>The head of a management consulting firm writes on his <a href="http://blogs.hbr.org/bregman/2009/09/why-the-wrong-people-get-laid.html"><strong>Harvard Business Review blog</strong></a> that companies sometimes lay off relative underperformers simply because nobody understands exactly what they do. </p>
<blockquote><p>
When the wrong person is fired, it hurts everyone involved &#8212; the person and his or her company. There&#8217;s a better way to solve this problem and a worse way. The worse way first: If you&#8217;re an employee and want to protect yourself, you can do two things:</p>
<p>   1. Be excellent. The more effectively you deliver on your goals the less likely you&#8217;ll be let go. Employers value productivity.</p>
<p>   2. Be confusing. The more ambiguously you achieve your goals the more difficult it will be to fire you. Employers fear uncertainty. </p>
<p>There are two problems with this. One, it might backfire. Being too opaque could get you fired, especially if you&#8217;re not quite as excellent as you think. And two, while this strategy might help you as an individual, it hurts the company which, eventually, will hurt you as an individual.</p>
<p>We got ourselves into this economic mess in part because leaders didn&#8217;t understand what was going on in their own companies. While tying a Gordian knot may help individuals keep their jobs, untying it will help the businesses stay viable. That&#8217;s the critical challenge facing industry today. </p></blockquote>
<p>The <a href="http://blogs.hbr.org/bregman/2009/09/why-the-wrong-people-get-laid.html"><strong>full post here</strong></a>. </p>
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		<title>Wear your resume</title>
		<link>http://economybeat.org/jobs-and-unemployment/wear-your-resume/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=wear-your-resume</link>
		<comments>http://economybeat.org/jobs-and-unemployment/wear-your-resume/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 04:00:51 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[resumes]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7561</guid>
		<description><![CDATA[Sounds like a piece of can-do advice from a job recruiter, but we mean it literally. Now you can print your resume on your tee-shirt. From damnIneedAjob.com: The shirt costs $25 (plus $3 shipping). Add three bucks if outside the continental United States. Upon submission of this form you will be directed to PayPals secure [...]]]></description>
			<content:encoded><![CDATA[<p>Sounds like a piece of can-do advice from a job recruiter, but we mean it literally. </p>
<p>Now you can <a href="http://www.ldins.com/damndata/order.asp"><strong>print your resume on your tee-shirt</strong></a>.</p>
<p>From <a href="http://damnineedajob.com/">damnIneedAjob.com</a>:</p>
<blockquote><p>
The shirt costs $25 (plus $3 shipping). Add three bucks if outside the continental United States. Upon submission of this form you will be directed to PayPals secure site where you can use your PayPal account or any major credit card.</p>
<p>Your cover letter should be one short paragraph not exceeding 500 characters including spaces. I invite you to paste an encyclopedia into the field but it will be truncated. Keep it brief! People won&#8217;t read it if it&#8217;s too long! Carriage returns (blank lines) will also be removed. Write it as though you were submitting it formally yet generic enough that all your bases are covered. I suggest a brief description of your skills and what kind of position you are looking for. Any misspellings or grammatical errors WILL BE ON YOUR SHIRT so be careful to proof read it. I recommend doing it in a word processor like Word and utilizing it&#8217;s spell check and word count tools then copy and paste into the cover letter field. While I probably won&#8217;t, I reserve to the right to refuse submissions for whatever reason. </p>
<p><a href="http://www.ldins.com/damndata/images/NewShirtBack.jpg"><img src="http://economybeat.org/files/2010/03/damnneedjob.jpg" alt="damnneedjob" width="187" height="193" class="aligncenter size-full wp-image-7562" /></a>
</p></blockquote>
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		<title>Tweaking the ole resume</title>
		<link>http://economybeat.org/jobs-and-unemployment/tweaking-the-ole-resume/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=tweaking-the-ole-resume</link>
		<comments>http://economybeat.org/jobs-and-unemployment/tweaking-the-ole-resume/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 04:00:26 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[advice]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[resumes]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7510</guid>
		<description><![CDATA[From the LearnVest blog: Making the Most of a Thin Resume. When you’re short on experience, play up your strengths. The Problem: Recession or not, you’re job hunting. Trouble is, aside from some internships and a few part-time gigs, the work experience section of your resume is, well, thin. You know that you could nail [...]]]></description>
			<content:encoded><![CDATA[<p>From the <a href="http://blog.learnvest.com/">LearnVest blog</a>: </p>
<blockquote><p>
<a href="http://blog.learnvest.com/workplace/getting_a_job/making-the-most-of-a-thin-resume/"><strong><em>Making the Most of a Thin Resume</em></strong></a>. </p>
<p>When you’re short on experience, play up your strengths.</p>
<p>The Problem: Recession or not, you’re job hunting. Trouble is, aside from some internships and a few part-time gigs, the work experience section of your resume is, well, thin. You know that you could nail a job if given the chance – but with the national unemployment rate hovering around 10%, how to get a foot in the door with so little to go on?</p>
<p>The Solution: A resume redo. The key is highlighting your accomplishments, regardless of how you got them. Definitely include when you graduated and whatever positions you’ve held since – employers want to see that. But, also list volunteer organizations, student clubs, sports teams, or any group in which you’ve held a leadership position or made an impact. Detail projects completed, funds raised or other positive outcomes; you want to point to anything that shows your capabilities, especially if it dovetails with requirements of the job you’re going after. And, here’s a tip from executive recruiters: Describe your efforts using keywords that mirror the language in an employer’s job listing, so they can connect the dots between your skills and their position. If you’re going after a marketing associate job, for example, outline the email marketing campaign you created for your campus bookstore that led to a 10% increase in sales.</p>
<p>One More Thing: No matter what type of job you’re going after, be sure to include in-demand skills such as foreign languages and computer know-how – we’re talking about spreadsheets and database programs, here, not Facebook. Of course, it’s all relative. If all you can say is, “Basic Microsoft Word,” then you might not want to highlight that that’s all you know.</p>
<p>If You’re The Do-It-Yourself Type: You’ll have no problem revamping your resume with the help of free templates from Microsoft, About.com or other online sources – some even have those all-important keywords built in. If you need a little coaching, have a professional resume service to do it for you – though you’ll pay for the convenience. Websites such as ResumeWriters.com or Monster.com charge anywhere from $100 to $300 for a finished product that you’ll get back in two to three days. Everyone has a different resume style preference, however, and we’ve spoken to executive recruiters who think that professional resume services create resumes that are too complicated and fluffy.</p>
<p>Before you part with any cash, do some digging. With so many people out of work, public libraries are holding free resume writing workshops, and universities have made resume and career counseling services available to recent grads and other alumni.</p>
<p>Good luck!
</p></blockquote>
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		<title>Routines to live by</title>
		<link>http://economybeat.org/jobs-and-unemployment/routines-to-live-by/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=routines-to-live-by</link>
		<comments>http://economybeat.org/jobs-and-unemployment/routines-to-live-by/#comments</comments>
		<pubDate>Mon, 05 Apr 2010 20:06:55 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[living the recession]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7857</guid>
		<description><![CDATA[Out of work with a lot of extra time on your hands? Check out the web site Daily Routines to learn how famous artists, philosophers, scientists, and statesmen organized their days for optimal productivity. For instance: Winston Churchill &#8211; awake at 7:30 am, breakfast in bed with mail and newspapers. Bath at 11, garden walk, [...]]]></description>
			<content:encoded><![CDATA[<p>Out of work with a lot of extra time on your hands? Check out the web site <a href="http://dailyroutines.typepad.com/"><strong>Daily Routines</strong></a> to learn how famous artists, philosophers, scientists, and statesmen organized their days for optimal productivity. For instance:</p>
<ul>
<li><a href="http://dailyroutines.typepad.com/daily_routines/2009/02/winston-churchill.html"><strong>Winston Churchill</strong></a> &#8211; awake at 7:30 am, breakfast in bed with mail and newspapers. Bath at 11, garden walk, a whiskey and soda.  At 1pm, a 2 1/2 hour lunch. </li>
<p />
<li><a href="http://dailyroutines.typepad.com/daily_routines/2009/01/john-grisham.html"><strong>John Grisham</strong></a> &#8211; writing by 5:30 am, with goal of at least one page per day. </li>
<p />
<li><a href="http://dailyroutines.typepad.com/daily_routines/2007/08/karl-marx.html"><strong>Karl Marx</strong></a> &#8211; daily visits to the British Museum reading room</li>
<p />
<li><a href="http://dailyroutines.typepad.com/daily_routines/2008/12/charles-darwin.html"><strong>Charles Darwin</strong></a> &#8211; walk, breakfast, work, letters, work, lunch, rest, walk, dinner</li>
<p />
<li><a href="http://dailyroutines.typepad.com/daily_routines/2007/08/immanuel-kant.html"><strong>Immanuel Kant</strong></a> &#8211; up at 5:00 am followed by weak tea, pipe smoking, and meditation</li>
<p />
<li><a href="http://dailyroutines.typepad.com/daily_routines/2009/01/barack-obama.html"><strong>Barack Obama</strong></a> &#8211; workout at 6:45 am, Oval Office by 9. Newspapers, breakfast with family, sees daughters off to school. Dinner is with family, then often back to work. </li>
</ul>
<p><a href="http://dailyroutines.typepad.com/daily_routines/"><strong>More here</strong></a>&#8230;</p>
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		<title>Astrological job discrimination</title>
		<link>http://economybeat.org/jobs-and-unemployment/astrological-job-discrimination/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=astrological-job-discrimination</link>
		<comments>http://economybeat.org/jobs-and-unemployment/astrological-job-discrimination/#comments</comments>
		<pubDate>Wed, 31 Mar 2010 18:46:53 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[astrology]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[job inter]]></category>
		<category><![CDATA[job interviews]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7696</guid>
		<description><![CDATA[From Pink Slips are the New Black, &#8220;the blog for unemployed people by unemployed people,&#8221; comes this post about a strange job-hunting experience that ended in an ugly case of astrological employment discrimination. A Job Interview that Made Me Go Hmmm… I went through the most bizarre experience this week. I applied for a job [...]]]></description>
			<content:encoded><![CDATA[<p>From <a href="http://pinkslipsarethenewblack.com/"><strong>Pink Slips are the New Black</strong></a>, &#8220;the blog for unemployed people by unemployed people,&#8221; comes this <a href="http://pinkslipsarethenewblack.com/2010/03/28/a-peculiar-interview/#more-7794"><strong>post</strong></a> about a strange job-hunting experience that ended in an ugly case of astrological employment discrimination. </p>
<blockquote><p>
<a href="http://pinkslipsarethenewblack.com/2010/03/28/a-peculiar-interview/"><strong><em>A Job Interview that Made Me Go Hmmm…</em></strong></a></p>
<p>I went through the most bizarre experience this week. I applied for a job Monday night and got an e-mail from the employer at 4 a.m. the next day asking me to call her in the morning. Unfortunately I had to work from 8:30 a.m. until 1 p.m. and I had a meeting at 1:30, which meant I wouldn’t be free until around 3 p.m.  I wrote an e-mail telling her that, and she responded by telling me that she wanted to speak to me that day, and that she was busy at 3. I replied and told her I would try to call her.</p>
<p>I called her and left a message, she called back, but I wasn’t around to pick up the phone. Then she called again around noon and I pick up. Immediately she started interviewing. “I’m sorry,” I interrupted. “But this isn’t a good time.”</p>
<p>“Fine, call me back,” she answered, and abruptly ended the conversation.</p>
<p>I called her several times after, left messages asking to schedule a time, and nada.</p>
<p>Finally, when I tried calling her Friday morning, she picked up the phone.</p>
<p>Again, she immediately started interviewing me off the bat. The interview was pretty standard until she asked me, “What’s your astrological sign?”</p>
<p>“Gemini,” I replied.</p>
<p>As soon as she heard my answer I could tell she immediately lost interest in me, ended the interview and politely said goodbye. Is there such a thing as star sign discrimination? Is it me, or is absolutely weird that she even asked me my astrological sign?</p>
<p>Also, last time I checked, people scheduled interviews. I may not work full-time, but I have obligations, I can’t always drop everything without notice, so it’s more convenient to schedule a meeting time. I know it’s an employer’s market, but that was strange. Did she really expect me to drop everything?</p>
</blockquote>
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		<title>Unemployment and education</title>
		<link>http://economybeat.org/education/unemployment-and-education/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=unemployment-and-education</link>
		<comments>http://economybeat.org/education/unemployment-and-education/#comments</comments>
		<pubDate>Wed, 24 Mar 2010 18:15:35 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[education]]></category>
		<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[tuition]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7471</guid>
		<description><![CDATA[A chart from the Bureau of Labor Statistics: Message: Stay in school! (If you can afford it.)]]></description>
			<content:encoded><![CDATA[<p>A <a href="http://3.bp.blogspot.com/_otfwl2zc6Qc/S6FDscQSyyI/AAAAAAAANCA/WfxdLybfOJo/s1600-h/jobless.jpg"><strong>chart</strong></a> from the Bureau of Labor Statistics: </p>
<p><a href="http://3.bp.blogspot.com/_otfwl2zc6Qc/S6FDscQSyyI/AAAAAAAANCA/WfxdLybfOJo/s1600-h/jobless.jpg"><img src="http://economybeat.org/files/2010/03/unemploymenteducation.jpg" alt="unemploymenteducation" width="324" height="312" class="aligncenter size-full wp-image-7470" /></a></p>
<p>Message: Stay in school! (If you can <a href="http://news.search.yahoo.com/news/search?ei=UTF-8&amp;c=&amp;p=tuition+increase">afford</a> it.)</p>
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		<title>Recruiter attitude</title>
		<link>http://economybeat.org/jobs-and-unemployment/recruiter-attitude/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=recruiter-attitude</link>
		<comments>http://economybeat.org/jobs-and-unemployment/recruiter-attitude/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 17:35:02 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[jobs and unemployment]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[recruiters]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=7220</guid>
		<description><![CDATA[&#8220;I think recruiters are mostly people who couldn’t get real jobs doing valuable stuff like marketing, financing, and waxing stripper poles.&#8221; From the blog Acute Unemployment Syndrome, a post called Recruiters gone wild. The writer is an unemployed MBA. For those of you keeping score at home, I have now been on 10 job interviews [...]]]></description>
			<content:encoded><![CDATA[<p />
<div><em>&#8220;I think recruiters are mostly people who couldn’t get real jobs doing valuable stuff like marketing, financing, and waxing stripper poles.&#8221;</em></div>
<p>From the blog <a href="http://acuteunemploymentsyndrome.blogspot.com/">Acute Unemployment Syndrome</a>, a post called <a href="http://acuteunemploymentsyndrome.blogspot.com/2009/09/recruiters-gone-wild.html"><strong>Recruiters gone wild</strong></a>. The writer is an unemployed MBA. </p>
<blockquote><p>
For those of you keeping score at home, I have now been on 10 job interviews in the last 9 months. 10 at bats, and 10 strike outs. What&#8217;s bothering me, though, is what I&#8217;ve observed on my last 3 interviews, all of which have occurred in the last month.</p>
<p>Recruiters seem to be playing some kind of weird head game where they don&#8217;t ask any questions and force me, the interviewee, to ask all the questions. So the interview goes something like this:</p>
<p>   Recruiter: (Leans back in his chair, takes a sip of coffee, and picks up a short stack of papers from the table) Ok, let me take a look at your resume. (He scans the piece of paper and hums the &#8220;Pina Colada&#8221; song. He puts the papers on the table after a moment and again leans back in his chair, smugly.) So, do you have any questions for me?</p>
<p>    Me: (Our hero looks slightly startled. She looks down at her her pink boucle jacket with the black trim, hoping to find the answer somewhere in the fabric.) Oh, ok. (She hastily looks down at the list of 4 questions she prepared for the END of the interview.) Well, what are the challenges facing your company today, and how would I, as a product manager, work to confront those challenges?</p>
<p>    Recruiter: Blah blah, canned corporate crap, blah, yada yada. What else?</p>
<p>    Me: Uhhh, can you tell me more about the new XYZ product line? I saw that you mentioned it on Twitter. (Crosses fingers that her intrepid investigatory skills will be rewarded.)</p>
<p>    Recruiter: (Does not appear impressed that our hero obviously spent 3 hours this morning preparing for this 15 minute chat). It&#8217;s a new product we&#8217;re working on for our younger customers. We think it&#8217;s going to be huge. What else?</p>
<p><span id="more-7220"></span>This bullcrap will go on for the next 10 minutes &#8211; I ask questions about the position, he gives me curt answers, and I get increasingly uncomfortable while he gets increasingly hostile. One interviewer actually told me at the beginning of an interview, in a confrontational tone of voice, that I obviously wasn&#8217;t qualified for the job, and that it was a waste of time to speak to me. Uh, ok, so why did you bring me in???? I don&#8217;t recall holding a gun to anyone&#8217;s head just to get an interview (though maybe that&#8217;s something to keep in mind for the future).</p>
<p>Why are recruiters playing head games with me? I feel like everyone&#8217;s in on some kind of joke, and I&#8217;m the only one who doesn&#8217;t get the punchline. Empirical evidence and common sense say that the best way to interview a candidate is to ask what they would do in a given scenario. Or to find out what they have done in the past, given a set of circumstances. How can you find out what kind of worker I am if you never ask me to define what kind of worker I am? And what is the purpose of bringing in a candidate, only to be hostile and unpleasant to them? What will you learn from that?</p>
<p>I think recruiters are mostly people who couldn&#8217;t get real jobs doing valuable stuff like marketing, financing, and waxing stripper poles. So they&#8217;re destined to make a lot of poor choices. And given the current glut of job candidates, recruiters are drunk with power and are abusing their positions. Well I have only one thing to say to that: Do you think they would give me a job if I promised to wash their car for a year? </p>
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