Suncoast

I see they updated the article that now includes this statement

Mellijelli

Suncoast its good to see articles like this, gives a little hope...I was reading up on the net yesterday and I came across this article written by a Cedrick Wolf thought you might like to read, he says much of what you have been speaking about and, also gives some advice for self-employed businessmen. About the companies not wanting self-employment candidates iv not experienced this myself but then again iv not been job hunting.

Mellijelli

mmm so a little bit of a contradiction on their part there it seems

PhoenyxRising

You know, sometimes i wonder, What would happen if it wasnt just the IT tech that ended up being retrenched. There are so many ceo's out there that are sitting pink in their plush office chairs. How much do they actually worry about the people they work for? Small companies I believe have a sense of family, but massive corporations that employ thousands? Whis to say that these people just look at numbers, money comming in, money going out, put it all into a big equation, and then decide that, if the lowered these numbers, then more money would come in than would go out.

Ok i might be venting a little, but let me ask you, what happened to advertising? New strategies, new products. Why get rid of a score of people, when you can just become more competitive in the market youre in?

Mellijelli

PhoenyxRising I was watching an episode of Oprah the other day and they were also talking about how the rich are also being affected by the state of the economy, there was an anchor man who after being in his job for 36 years was suddenly retrenched, luckily for him he was studying on the side to become a veterinarian technician and so when he lost his job he went into doing this, but he now earns less than half of what he was when he was an anchor man, another lady who was also wealthy and owned a number of hairdressing salons was forced to close down most of her salons as she just could not afford to keep them running because of no business coming in anymore, they also said that most formally higher middle class people have now fallen into the lower middle class or lower class category due to the economy being hit so badly, so although we might think the higher up people have it really good and yes most do like the super rich, there are some out there that have also been affected by all this.

PhoenyxRising

I guess that is also true :D, I wish i was one of the wealthiest tycoons in the world..... lol sigh.

Suncoast

That article is fascinating. Gave me some ideas too. Thanks Mellijelli for posting the link.

I would make some comments though, where he said forget the certifications.

I read somewhere that three quarters of the people being hired right now are through referrals by friends and family. It is who you know that will get you the job. What about the other 25 percent? So be nice to everybody! And beef up the resume with Certifications.

I believe when a client is trying to decide on who to hire for some on-site tech work, having certifications will help get you in the door. And as I posted in another thread, I think you need at least one Microsoft, Cisco, or Something+ certification to show the employer your not just career shopping.

And on the talk about the wealthy... I have a large family, and a few are self employed and fairly well off. But they are really living off their past earnings. Some are not taking salaries, and some are putting money back into their business to make ends meet. One guy, a Builder who is very middle class, told his kids they needed to get scholarships if they wanted to go to College. Luckily they both did just that. And the Upper Class may not be showing it, but most lost a lot in the stock market drop, and most are worried. It's a fascinating transfer of wealth.

Cheers,
Steve

PhoenyxRising

Hey Steve, Its true. the more you have the better your options are, and you can even study from home.

So you dont have to take another loss in income in which to do it. AHHH the famous saying, its not what you know, but who you know.

Personally I dont like it. I cant see myself kissing up to someone, I am nice to everyone, but you get the oddballs as well. It just means the other 25 percent have to go through more to get the same results, If thats even possible.

Thanks for the post Mellijelli, it was enlightening :D.

Im glad there are still good people in this world that care about others rather than their own pockets.

Engineer Babar

Whats wrong with IT jobs in america? There are the bundle of them here in Asia.

PhoenyxRising

Its more or less the same as anywhere. there is too little demand and too many to supply services. And not everyone can afford to immigrate to other countries.
:)

Mellijelli

It is true, if you have connections in business you are more than likely to get first option for jobs im sure, but it is worth having your certs when job hunting, they are important and will definitely give you a better chance of getting the position, I really don't agree with the "its who you know, not what you know" thang but it happens.

I think a lot of people are digging into their savings these days to get by and this is not good, what happens when that money runs out too? Most likely they then take out overdrafts and loans which then need repaying increasing your monthly expenditure and so on and so forth, its a vicious circle. I think all round people are heavily cutting down on their previous ways of living and spending just to get by each month.

And im glad the article has given you some ideas Suncoast.

Ummm Engineer Babar which country exactly do you live in?

PhoenyxRising

I dont either, but yes it does happen.

Im not too sure about overdrafts tho. loans are also becomming rare as banks are tightening their pursestrings as well. credit policies get checked and rechecked.

So in the long run all we can do is hope it doesnt last long.

Suncoast

Well, they are piling up their credit card debt. Some people are living with their heads in the sand and trying to live at the same standard of living. That's why the Credit Card Companies are dropping many people's credit lines or asking customers to update their credit applications.



The stock market is recovering. They say that's the first sign it's over!

Mellijelli

The thing with credit cards is that the payments come with heavy interest charges and you end up paying 100% more than it would have cost if you had bough it cash . Normally people take out loans to pay their debts making everything much worse for themselves, but what does a person do when you have all this credit card debt and find yourself unemployed overnight??

PhoenyxRising

you mean im a dying breed? I can see that happening tho, all the advancement to simplify our lives. Thats why techys never really stay techy's for long.

They say the average life span of a motherboard is about 2 years before it starts giving problems. But you also have to consider the rule of pebkak. ( lol personal joke) as long as there are uneducated users out there, there will be problems amd we will be needed.

Credit? hmmmm its something i am HIGHLY allergic to... I break out in crying fits.... honestly.

Engineer Babar

I live in Pakistan. Here every It graduate and engineer get suitable offers from the companies in the final year of their degree. Although its a developing country but its not as bad as the world thinks of it. The IT and engineering jobs situation here is very much satisfactory. But I have plans to move to England after completing my Engineering degree under HSMP(Highly skilled migrant program).

Mellijelli

Wow thats encouraging to know actually, cause as far as iv seen the Graduates are struggling to get UK jobs placement after they graduate, companies are not taking on as many as before due to this recession going on they have cut their work placements drastically. Has the recession hit your Country badly too Engineer Babar or not as much?

Engineer Babar

ummm. Not as bad as it affected the Europeon countries and America. Atleast no bank is bankrupted.hehehe What about your country? Which country you live in?

PhoenyxRising

It would be interesting to know. I mean i have seen so many of my graduate friends get depressed because of prospects. All i keep telling them is to add to their cvs. Do as much as you can. it all works in the long run.

Engineer Babar

I think phoenyx is rite. Noadays people are having bulks of degrees and still not satisfied. lol. I know a person who first did bachlors in engineering, did masters, went for PHD abroad. After that he did MBA. Got CCNA. Now he is going for a short french language course.lolz