View Single Post
Old 01-09-2010, 02:24 PM   #11
BroadHopper
Senior Member
 
BroadHopper's Avatar
 
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,606
Thanks: 3,238
Thanked 1,113 Times in 799 Posts
Default Job market

The last recession we had back in the 80's was won by the auto and steel industries. Now we don't have that luxury. Only industry that is hiring are the medical industries. They know they have the market and are hiring at minimum wage or better. This is a big reason to push the 'Obama care'. To create more jobs where there is a niche.
Problem here is that the medical industry can't sustain itself. Their wage is not competitive enough to pay the current fee structure.
The next largest industry is the defense industry and that is going down hill. Fast! Lockheed just anounce another 1400 folks laid off. BAE in Nashua was once the largest employer in NH. Now the state govt is the largest.
Govt. will be the last industry for sustainability. Too bad the folks can't sustain itself either. Unless the govt decides to print more money.
The only industry left is intellectual property. We are not supporting our children and colleges to that end. Another problem is that China and India refuse to recognize intellectual property rights. Another problem we need to address.

The only reason the company I am going for an interview is hiring is that they have expanded internationally to Canada, Mexico and Australia. There is nothing left here.

So my fellow Americans, are you contented that this will be a great place to live in the future? Sit back and relax then. I'm happy for you.

Oh BTW, a number of folks I know that works for marinas on the lake have been told to look elsewhere for a job. Thanks to those who got what they wish for.
__________________
Someday may never be an actual day.
BroadHopper is offline   Reply With Quote