Waiting in a McDonald's Society

One thing most Americans aren't very good at is waiting, and that's just when we want to check out at WalMart. When it comes to waiting for the economy to turn around so that you can pay your bills, the lack of patience is a little better understood, but that lack of patience will do you about as good as yelling at the WalMart cashier to "hurry it up."

I wish I could report good news on the job home front, but like so many, I've noticed that things have slowed down to the point that I'm not getting the calls I used to.....though I am in a contract position at the moment and am very thankful for that!

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Rebecca's blog is top notch.

August 18, 2009

What Lies Ahead?

by Rebecca Metschke

Rebecca Metschke is the author of The Interview Edge, a comprehensive guide for those who are serious about their careers. Visit http://blog.TheInterviewEdge.com for free tips and strategies to gain a professional advantage.

10% unemployment through 2011 and the jobless rate still at 7% in 2016?

That's one scenario included in a report published by the Kansas City Fed last week. This isn't scare tactic, doom and gloom forecasting, either. It's actually quite plausible.

As the authors point out, the banking crisis has been a key contributing factor during this recession, and it'll continue to shape the recovery. First, tight credit forced firms to aggressively cut payrolls as they tried to control operating expenses and conserve capital. Now, because they can't rely on short-term financing to make payroll, they're very reluctant to rehire.

"Severe and persistent" unemployment increases. After the economy has pulled out of recession.

I don't point this out to put a damper on your day. Rather, it's all about being informed and planning accordingly.

I'm all about career preparation - you should be, too.

Chart your course. The Interview Edge can help you do that; you can get to the book from this page.