Even in this economy, people are still turning down jobs

It’s a very difficult time in our society. According to Forbes.com there have been 486,639 layoffs by America’s top 500 companies. This number doesn’t even take into account the layoffs mine and, I’m sure, thousands of others. This is a good number to go off of for our purposes though. This is a big number based for America. We only have 305 million people in this country. The approximate 500 k jobs lost aren’t devastating for the entire country yet, but we are obviously teetering on the precipice of plunging into a deep dark depression.

However, even in times like these there are people who are rejecting job offers. This is unbelievable to me. Obviously people must keep their wits about them. There are reasons not to take a job offer, like it not being fair. We obviously have unemployment in this country to help those who are in a tight spot keep their head above water. However, a fair job opportunity in my opinion should be taken. It’s a strange and frightening time where it’s hard to see where the next opportunity is going to come from.

There is a man who turned down a job offer for 25 million dollars for one year and an option for 20 million for the next year. I of course am speaking about Manuel Aristides Ramírez Onelcida. This man has been offered a few job opportunities since his last contract expired in October of 2008. This is not the first offer that Mr. Ramírez has received and turned down. Reportedly he turned down a 2-year/ 45 million dollar offer right after his original contract expired having a spokesperson come out and say that he would only be willing to look at “serious offers.” After that there were at leas 2 more offers that fell in at 1 year/ 25 million and one that hit a maximum of 3 years/ 60 million.

It seems the trouble is that all these offers have been from the same Los Angeles based firm that Mr. Ramírez worked for at the end of his contract last year. Previously he had been with 2 other companies, one in Cleveland and the other in Boston. Then he finished out his contract in LA. In all three of these cities he unquestionably raised the profits and the success of every firm he went to. Mr. Ramírez is obviously very good at what he does and demands a lot of money for his services. Perhaps its my situation but I find it shocking that such a public figure as Mr. Ramírez can set such a bad example for this country. Mr. Ramírez is very good at his job but is an older gentleman for his profession and is looking for one more contract before he retires. However by turning down all of the contract offers, he is setting a terrible example. There are so many young people that are unemployed that look up to Mr. Ramírez. Whether or not he wants to be, he is a role model and is setting a terrible example. With unemployment hitting records in this country we need people like Mr. Ramírez to either accept a very fair job offer or retire and get out of the way. He has saved up plenty of money from working, and being very good, for the better part of the past 20 years. His actions now are detrimental not only to those who could use the job he is vacating and to those who work with him. In this economy it is selfish and detrimental to those companies that are involved. His recent history has shown that even though he is great at his job, his antics can detract incredibly from the production he brings to the office. It’s to the point where it affects everyone. This was clear during his last month at the Boston based company where the entire company suffered before he left and began succeeding after he left for Los Angeles.

So I urge this LA based firm to move on from Mr. Ramírez. It is obvious that he doesn’t want to come back and work with your company. There are plenty of people out there who would love to have his position with your company and you could probably get them much cheaper. It’s true that the production won’t be the same from another person, but if you look at your competition you will see that no company in your area is doing incredibly well. If you use your assets differently in another department I believe you can be very successful. Obviously Mr. Ramírez brings a lot to the table, as you saw last October, but he is now acting as though he is bigger than the company. That attitude is what makes him a liability instead of an asset. If you are in a lot of trouble to fill the position that Mr. Ramírez had last year you can have Mr. Colletti give me a call. I don’t have as much experience, but in college I did run a couple mock trials of a company like yours and I filled the role Mr. Ramirez had with your company last year. Every once in a while my friends and I get together and we pretend that we are a company just like yours. Sometimes we use slightly different equipment, and obviously our offices aren’t as nice, but we use what we have.

I also have a little experience with the role Mr. Garciaparra and Mr. Jones had with you last year. I know that they are both also no longer with your company.

c.jackson.kerouac@gmail.com

I’m just putting it out there…

The Dole Awards #1 – The Best (and biggest) Layoffs of the year

This is truly a treat. These final layoffs combine everything that we could want in a horribly high number of jobs lost. We have a terribly run business, begging the government for money, and still laying off of tens of thousands.

And the winner is ...

#1 General Motors
2/17/09
66,758

I am finding discrepancies in the actual number of layoffs. Some Articles are saying 47,000 but The Forbes Layoff Tracker pegs GM at 66,758. Looking through all these articles and press releases, it is obvious that there is a lot of deceit throughout this entire situation.

So let's dive in and try to pull this one apart, starting with the layoffs.

We are talking about 47 - 66 THOUSAND jobs to be lost over the next year. From what I can tell it's going to be 47 k by the end of this year and probably round up to 66 k through Twenty Twelve. This is truly incredible. They are looking at 20,000 jobs in the US and the rest will be around the rest of the world. You know, since we outsourced all those jobs over the past bunch of years; you know, so they could keep up and stay in business. I don't blame them for outsourcing to central and South America. I understand the concepts and could be considered a fan, but now in this recession we are going to see just exactly how tied together this world is. These layoffs will affect the global economy even though GM is largely stereotyped as only an American company. There are plants all throughout the Americas including large ones in Mexico, Canada, and Brazil. There are also some that are overseas like China as well as Switzerland. GM has a bigger "foreign footprint" than a domestic one. (Note: that is important, remember it for the next paragraph) We could be watching GM finally begin to go out of business, which would not only have disastrous implications in the US but all over the world. As we've seen recently as the American economy goes the world economy goes. The way that outsourcing has gone over the past 10 to 15 years has interlocked all the economies in the world. America, being headquarters to many companies like GM, is the lead domino in a sense.

The phrase "A fish rots from the head down" really seems to sum up my point here.

The layoffs are big and will seem to have a global impact.

"But CJ, we've seen this before in the awards!"

That's right you have. So GM must have done something spectacular to grab the gold. You bet they did. As in spectacularly asking mom and dad, a.k.a the government, for 18 billion dollars in December of 2008, AND THEY GOT IT! They didn't get all 18, yet... Reportedly by February 18th they had already received 13.4 Billion. Awesome! I can't believe it, we're going to bail out a failing business. Why would the US government do this? Because of their "foreign footprint"... Aaaahhh, of course! The foreign footprint! While I agree that the global economy is important, perhaps even as important as the American economy, I don't want to spend American taxpayer money on saving jobs outside of the US. That sounds xenophobic I'm sure, but it's not, I promise you that. This is a real concern for me, and I think it's a very valid one. While it looks like right now only a billion dollars or so is going foreign, specifically to Brazil. (yes, I said "ONLY a billion") But I want to ask why.

Why is this being spent this way?

Why are we even bailing out this company?

Why are we letting them send this money to foreign nations while jobs in this country are
being lost as a record pace?

Taking the opposite side of things, I understand that in order for GM to pull themselves out of this, they are going to need to make sure their entire corporation is running at it's most efficient. I understand that and the argument that making the Brazil plants work better will ultimately help the headquarters in America work better and be more profitable. This makes sense to me and fits in with everything I have been saying. While I, probably selfishly, would prefer to save American jobs I understand that if the global economy gets better than the American economy will follow. I've been preaching it the other way around but am able to see how this could help.

Then I found out that General Motors has asked for an additional 30 billion dollars, and I go back to my questions of why...

Why are we trying to save a company that isn't willing to do anything to save itself?

This company is dying and has been for my whole life. They are seemingly willing to do nothing to get better, they blame others like they are children while they put their hand out and ask for a loan. This is not the first time in our history we have had a gas crisis and this is not the first time in our history that General motors has been in trouble. They offer us big bulky American cars and trucks with cries of Patriotism and 18 miles per gallon. Are we really wondering why sales are down?

I'm a dude, I get it, trucks are awesome. BUT the economy is down, and has been since before just October by the way, and gas prices are up so I'm not buying a truck from you. I'm not even going to buy a new car from you. I'd buy a used car that will last me for 6 years and 120,000 miles. Trust me,I had one a couple years ago, they do actually exist.

So General Motors takes the gold for their commitment to gross negligence. Here's to you guys for your unwavering business plan that, in my opinion, never worked. You've been going out of business since I was a child, and now it looks as though you are going to complete that mission. Don't be mistaken though, this is not just due to you blowing yourselves up. You will notice that Circuit City didn't get any love on this countdown. This is in recognition of your uncanny ability to convince our elected officials that you are deserving of a bailout. So not only have you completely sunk yourself, but it looks like you may succeed in driving this country into the ground as well. After suckering the government to give you 13 billion dollars, you brilliantly went back and asked for over twice as much. Knowing they will almost certainly give you some if not all of it because we have already invested an absurd amount on you that to stop now would mean that we will never see the money we have already spent. It's a brilliant strategy, I have to commend you for it. I mean really, I can't believe you were all able to pull it off, it's nothing short of extraordinary. Honestly, how long with that 30 billion keep you afloat? 2013? 2015? How long do you project it?

I am looking forward the a new Michael Moore Film: "Roger and me 2: A humorous look at how General Motors helped destroy Washington and America as we knew it"

So congratulations again, and congratulations to your partners in crime. Ford and Chrysler were right there with you, they deserve to be mentioned in this with you even though you have stepped up and gone so far above and beyond them both. It really is spectacular.

This is really going to put a different spin on those "This is our country" commercials...

On The Dole: SPECIAL REPORT!

This timing was just too perfect.

Due to the fact that I do not understand the comment section quite yet, I wanted to make sure that this was put front and center in this blog.Thank you to Helen for pointing this out, we now get double blog bonanza to start week 5. Awesome!

MSNBC.com via The Associated Press is reporting that due to a (oh, this is so perfect) "software glitch" (HA!) Microsoft paid out too much severance to some of it's laid off employees.

Microsoft is obviously making a strong play to raise their status in this year's Dole Awards. Unfortunately for them voting has closed or else they might have moved all the way up to 3. I do have a little bit of clout around here, so I wanted to give a specific Honorable Mention to this act of simple foolishness.

Is this seriously happening?

A software company lays off a few thousand people, and the software that calculates the severance overpays those that have been laid off.

It's all topped by the fact that they are asking these employees for the money back. They sent a letter to the employees that were overpaid asking for reimbursement by check or money order within 2 weeks.

...Check or money order.

As if being laid off isn't actually difficult enough right now, they are now saying your severance was too much and they want you to return it. That is such a kick in the nuts to all those people. I would make a decree that if you are provide a service, and the service screws something up, then you are the loser. You get no mulligan. That is your own fault.

I think coming after the layoffs is the best part. It looks to me like they laid off the wrong people, or they didn't lay them off soon enough.

I look forward to the end of the 2 week deadline. I want to see how many money orders they get.

Keep it classy Microsoft.

http://www.msnbc.msn.com/id/29353191/

The Dole Awards #2 – Best Layoff in a Leading Role

Here was a strong candidate for the #1 spot, but fell just short in the "gross negligence" column. Never the less, I'm proud of the sheer number of layoffs by this company.

#2 Citigroug
11/17/08
52,000

These layoffs came early but were indicative of what had happened and what was going to come. These were the first major layoffs by someone in the financial sector and have stayed as one of the biggest throughout the recession so far. It's a terribly difficult position for Citi to be in. To some the major layoffs that close to the economic downturn was an admission of guilt. Obviously Citi isn't the only company to blame, but they were thrust to the forefront of the recession in the public eye. So their position was not enviable.

Their perseverance throughout this difficult position was what put them over the top to claim this award, but the layoffs were what put them in the conversation to begin with. We are talking about 52,000 jobs. That is, even in the current scope of things, a $#!% load of jobs lost.

This is an impressive set of layoffs based on the adversity that Citigroup faced. This is why Citi is my leading man. They are able to take the hard line and be the bad guy allowing us to be angry at them and then get over it and begin the healing process. Americans love the bad guys. We love to see someone be unbearably evil, then come back and make that kids movie and show us how much range they have. We love to forgive, and Citi was the first group to come out and be the bad guy. I admire their gusto. The JPmorgans and Bank Of Americas come out afterward with all their layoffs, they just seem like they are following trends.

Not Citi.

They are trailblazers.

Here's to you Citigroup, for making sure they had the Unemployment Insurance benefits worked out before I jumped in the pool. Thanks ...

The Dole Awards #3 – Best Art Direction in Layoffs

This one is surprising. You think if anyone would be able to survive a recession it would be the people that give you erections. If courtesans are #1 or #2 we’ll know just how serious this recession is.

#3 Pfizer Inc.
1/26/2009
19,800

This one is a little misleading however. They have such large cuts due to the fact that they are acquiring Wyeth Pharmaceuticals. A merger like this will often lead to corporate layoffs. Obviously this is necessary to reduce redundancy through the company that was two that has become 1. I understand that it’s a difficult thing to do, especially in this economy, but acquisitions will still happen even in recession. Pfizer is doing what they should be doing in this respect; you don’t stop doing business just because times are tough. It’s hard to see those jobs lost, but in the long run this acquisition is better for business and ultimately makes jobs more secure.

Now that we've covered the company line.

Once we look a little deeper we find that Pfizer has cut or announced cuts of over 59,000 jobs since 2005. According to Bnet.com in October of 2008 while talking about a planned reorganization of the company a spokesperson for Pfizer said that there would be “no-layoffs.” Now, looking at those statements and the current grouping of these January layoffs some of you might think, like I did originally, that these layoffs shouldn’t be looked at under the same scope as the rest of these layoffs cited in The Dole; and you would be correct.

However, there is always a however, Pfizer doesn’t win their Dole Award on the sheer number of layoffs. As stated, most of these layoffs come because of the merger. That’s right … most…

Pfizer takes home the golden loaf of bread due to them sweet talking sugar lips. It is impressive to watch them lay off 20,000 people at a clip, but end up blaming things other than the economy or the fact that they are so undoubtedly going out of business. The acquisition of Wyeth is a smart move to expand the brand to stay in competition in the pharmaceutical game. They have no new drugs in the pipeline that look as though they can help carry the company, and with Lipitor going generic in Twenty Eleven they stand to be in a bunch of trouble. They have already started laying people off in their Connecticut and New Jersey offices. Those usually come in “hundreds” and not “thousands,” but they seem to come every few months now. While New Jersey stands to lose a few more hundred, maybe thousand, jobs Connecticut stands to suffer a worse fate. Both Wyeth and Pfizer have large offices in Connecticut and those will most certainly be combined, probably resulting in one of them closing down or at least slowing operations greatly.

Pfizer was already working on an initiative to save 2 billion dollars, and then these layoffs in January came. After reading a few articles about these specific layoffs, there is a noticeably common theme that nobody seems to think these layoffs will be enough.

They do stand a chance of survival, but they will need to continue their current trend in business. That means making acquisitions and laying some poor souls off. You know it, I know it, and they know it. But all of us also know that the public perception right now is, well, crazy at best. Layoffs look bad in this economic climate. They are viewed by some, including myself sometimes, as the first step to changing the locks at the office over the weekend. Even spending money looks bad. It’s amazing that in a free market society we have began to view spending money as a bad idea. That’s right, in case you didn’t recognize how much trouble we are in, in our capitalistic society it has become taboo to spend money. Especially when you are in the middle of laying off a boatload of people.

I am ultimately impressed by the fact that Pfizer could both spend money and lay off people by the tens of thousands and seem to make it seem like it’s a good thing. They hid their company layoffs behind the layoffs of an acquisition and they keep coming out with strong words about keeping “no layoffs” and “company reconstruction” that keep us satiated. They have continued to falter, but keep on flapping those sugar lips and seem to fall to the back burner of public scrutiny. It’s simply amazing what you are willing to ignore when you have a boner.

The Dole Awards #4 – Best Supporting Layoff

This award is in recognition of a company with major layoffs, that by themself aren’t crippling, however when compiled with the already weakened economy will do severe damage and will serve to breathe more despair into this already crumbling economy and keep this recession continuing strong.

And the winner is …

#4 The Las Vegas Sands Corp Company (LVS)
12/23/08
11,500


This one is a bit of a dark horse. They doubled up Microsoft, but didn’t crack the top tier of layoffs based on the numbers. According to forbes.com laid off 11,500 people from the Las Vegas Sands on December 23, 2008. Classic Christmas style layoffs here and that really helped them get over the top and beat companies like Caterpillar and AT&T for this award. There is nothing that will ruin your Christmas and subsequent new year than a pink slip on the 23rd. Classic move to try and soften the blow of a happy christmas. In my opinion not enough companies use this tactic.

The Las Vegas Sands Corporation owns six properties in all, two of these properties being in Las Vegas, one being the Venetian and the other being the Palazzo. The beauty of this set of layoffs is two fold.

First we have the layoffs in America. They boast that this is less than 2% of the layoffs on the strip, and The Sands Corp. have been congratulated for hanging on so long while other Resorts and Casinos began cutting jobs much earlier in the recession. However, with these layoffs coming as well as those that will undoubtedly be in the future, there are those that are worried about the region being able to bounce back as a tourist destination. This is amazing to me because that’s all that Las Vegas is. Without the casino’s it’s just a desert that nobody wants to go to. With all these cuts and the public fear of spending money we are looking at places that are tourist destinations that will be hit incredibly hard and will be recessed even after the rest of us start to pull ourselves out of this economic slide. The concern is that all these cuts will cause service to suffer and hurt the regions ability to bring in tourist. UNLV Gaming Research Director David Schwartz is quoted on klas-tv.com saying “So what if someone comes here on one of these really good deals and finds that the place is a mess. They are probably not going to come back when they have enough money to travel anywhere they want and pay top price.”

The other half of this equation is the international side of things. The Sands Corp. has stopped construction in Portuguese territory. This will halt a project that is worth 12 Billion dollars. Additionally, they have put on hold some operations and projects in China. Since I read “The World Is Flat” I understand how important this is in our society. We are now not only dealing with these layoffs and this roll back of spending in the state, but also in our global economy. We have seen recently that the rest of the world has started to falter since we’ve been in this recession and this is just another level of that. With everyone in America trying to hold onto whatever money they can get their hands on, this is going to cause ripples throughout the world. Right away we see that these layoffs affect Asia and Europe, and this was only one resort chain.

So 11,500 is not a catastrophic amount of layoffs in the grand scheme of things, but its domestic and global implications get it an inaugural Dole Award. Congratulations Sands Corporation, welcome to the top 5.

The Dole Awards

It has been a crazy end of Aught Eight and a beginning of Aught Nine. There have been some somewhere north of 400k layoffs since November 1st according to Forbes.com. There aren’t any jobs out there to be had; NY State has upped the weeks of unemployment benefits from 20 to 33. People now have unemployment for over half a year. This is incredibly helpful because there are no jobs to be had right now, and frankly, I like living in my apartment, so thanks NY State Government! Any way you look at it, things are frightening out there for people who are trying to make it through the daily grind. It’s hard out there for every person, whether you’re on the dole or not. There are very few jobs that offer stability. Even jobs in entertainment that are usually “recession proof” are feeling the impact. The way people spend money is changing, we’ll find out if it’s only for the time being or if it will be for the long haul.

This can be a terribly stressful time as well as a brutally depressing.

The dole isn’t here to remind us about how much this all sucks. It’s here to show us that we aren’t all alone in this (or at least you aren’t alone, I sometimes still feel alone)

It being February, and I being the obvious expert in unemployment blogging, I have been swept up in the awards season and have chosen my top 5 favorite layoffs from the end of ’08 and ’09 and compiled the first ever “Dole Awards”

#5 – Microsoft
1/22/09
5000 jobs

This one is very close to my heart. The reason I was actually laid off was because the company I was working for a company that was doing a show for Microsoft, but as it was apparent that there were going to be layoffs, and the fact that spending any money while people are getting laid became unpopular, they cancelled the show my company was working on. With the cancellation of this show, my company could no longer keep up the salaries of everyone. So with the lack of money and work, I was laid off, might as well just call it 5,001…

So what brought this up to the top 5 was the fact that they are laying off 5,000 people. It’s so low because they aren’t doing in one fell swoop, but they are crushing 5,000 over the next year. This is the first mass layoff in Microsoft’s history.

I know 5,000 isn’t a lot, and this is a bit of a sentimental pick, but what really sold me on Microsoft was something I read while doing my research. I read that Microsoft, amidst all their layoffs and cuts, are actually hiring more people over this next year. Seriously, you lay off Five THOUSAND people, and you start hiring other people? Don’t think you could maybe holler at some of those pinks with a transfer form, or perhaps a “request for resume” from another department? So we now have a bunch of people who weren’t necessarily “bad” at their job, that are now out of that job, and people who may not have had a job previously, now have jobs. Everyone follow? This seems backwards to me. Don’t get me wrong, I totally agree with that second part, but the first part is kind of bugging me out. I’m just saying; people who have jobs aren’t leaving those jobs by choice. If they are; then they are not smart, and probably not fit for work anyway. I’m just bringing it up.

My resume can be found on Monster.com

Things we learned during week 3

1. The Apple store on 5th Ave. is open 24 hours
2. I, sometimes, take Whiffle Ball to seriously
3. The Apple store on 5th Ave. will give you a genius bar appointment at 1 am.
4. The employees at The Apple store on 5th Ave. will then talk down to you when you show up at 1 pm, like a normal self respecting human being.
5. In our current recession, there are a lot of foreign people looking for rooms
6. The guy holding the laptop handling the genius bar at the Mac store on 5th Ave. is a condescending jerk.
7. Chasing that freelance money can be a very annoying process
8. The Celtics don't have to play a whole game to beat teams that are only pretty good
9. The Hell Gate Social is a very dark place, even in the daytime
10 Randy Pan the Goat boy can sometimes offend women
11. The bailout bill got passed, but it won't help me find a new job.
12. It will however help save my teacher friend's job.
13. The guy who played Homer on the Colbert Report hated "The Curious Case of Benjamin Button"
14. It would have been much better for me to lose my job during the election (I already sort of knew that)
15. $5 any footlong is back, and that is glorious
16. Sometimes, when you try to phone in a blog entry, it ends up taking 3 days to write

A Spring Day in Mid February

It's been a beautiful week in New York City. The magical "February Thaw" came beginning this Saturday and has lasted through Tuesday's 60 degree afternoon. It's been a wonderful few days to live and enjoy the city. I even took time out on Monday of this week to enjoy the beautiful afternoon and get outside of the apartment that I have been holed up in for the winter.

Monday was wonderful. It was a pleasure to go out and run my errands Monday afternoon. I treated myself to some pizza on the Upper East Side and enjoyed walking the extra couple blocks to the bus instead of the subway. It was hard to imagine this could get much better. However, while I was getting my pizza, a good friend sent me a text message asking if I would like to meet him for some Whiffle Ball in Central Park. My affinity for Whiffle Ball is one of my many quirks. If I could make a living playing Whiffle Ball, I would in a heartbeat. Sadly however, I cannot, so I am stuck now on the dole.

Needless to say, I was elated to meet my friend in Central Park for a pickup game of the Whiff. However, this is not a happy story about how my curve ball won me more bragging rights among my adversaries. No, the dole has taken from me things many things that I care desperately about. This one boiling down to my health and well being. Being unemployed hasn't caused me physical pain and suffering itself, but it has put me in a predicament by removing my little bit of insurance known as, well ... health insurance.

So, as I'm torching my friend in Whiffle Ball I hurt my elbow a little. I'm not sure when this happened originally, but this originally happened to me sometime in my early twenties. This has never been something very serious except a bit sore here and there, however, now that I'm out and on my own I am beginning to worry a bit. I am someone who loves being active. I play in coed sports leagues in Manhattan, I try to get out and play pickup games with friend in the parks, and I like to try to stay healthy by running around and being active. But now based on the need to ice my elbow after a half hour in the park on Monday, I'm slightly terrified of actually hurting myself. I can't afford Tommy John surgery right now! If I were to get a little sick, I could handle that right now. I can afford a bit of a doctors visit, but I certainly couldn't handle a trip to the hospital. This is a serious concern for me. I have been playing touch football recently and have 2 weeks left. I'm frightened I could twist my knee or land on my wrist or shoulder wrong. You can't just walk off an ACL tear!

Some might say that I'm being paranoid, but this world is a dangerous place. I know someone who tore his knee up and needed surgery cause he slipped on ice. ICE! do you have any idea how much ice is in this city? I'm terrified! I could get hit by a cab, or an air conditioner could fall out of window.

This is a frightening place if you don't have insurance. I have begun working on a classified for craigslist just in case..

SWM Seeks med student/ surgical resident to meet for drinks and some NSA surgery. Your pic gets mine. No bbw

Day 10: The end of the beginning...

It has been 2 full weeks now without full time unemployment. I'm not sure how people survive like this.

Over the past couple years I have been introduced to a lot of contractors that work in the entertainment industry on a freelance basis. It took me a little while to figure out that this industry is one that lends itself to freelance contractors. This entire industry; from film, television, and theater/events is all dictated by projects. Freelancers work on their current project while they are looking forward to their next project and billing their previous project. Now that I am a freelancer, I have started this process. I am now chasing the money that is owed me for the previous project. I sent my invoice in and now get to wait for it to be deposited into the bank account. I hope it gets dumped into my checking account before I have to start following up with those who I just worked for. So, now I need to start working on my current project and looking forward to my next project. The trouble here is, I don't have a current project or a "next" project. My only projects are getting the money that is owed me, and find a new gig. This is a concept that terrifies me. Frankly, all my friends who are freelance contractors should be terrified as well. The events industry is slowing down at breakneck pace. It seems every couple days I hear about shows getting canceled or the budgets getting cut. This side of the industry is taking a lot more heat from the economic decline than it really should be. It's falling victim to perception instead of reality. The events industry is something that at a glance looks frivolous because it's a lot of money spent to hold business meetings. So now instead of spending money on these events, companies are going to be allocating this money to other sections of their company. This will undoubtedly save a few jobs in those companies for a short period of time, however, will crush those outside of the company who relied on its events.

What have I learned over the first 2 weeks of the dole?

This is going to get a lot worse before it gets any better.

Did he say millions, or billions?

Perhaps it's jsut the way that I am looking at life now, but I find it incredibly interesting to watch the conference I'm working today.

Normally I had found these types of meetings incredibly boring, however, this time around I am simply tickled to see what everyone has to say.

Today I am working an investors/ bankers meeting for a global company. They are going over numbers from 2008 and what they are expecting in the first half of 2009. They continue to talk in millions, and even billions, of dollars dealing with profits and loss. All the investors have been asking about how they plan to recoup or deal with the losses as well as their strategy for surviving the economic crisis. These executives were basically presented like targets in front of the investors and bankers to be poked, prodded, and passive aggressively beaten with questions about the company and it's choices over the last year. The thing I found most interesting was the plan they had for reducing debt. The plan wasn't so much the most interesting part, but the fact that the plan would only reduce the debt by 2.5 million. This is from 17 million to 14.5 million, or so, and that's only if the plan works exactly how they plan it to.

There were 60 investor in this room. That's not even 100 k per investor this year, and that's if it's spread out eventually. AS WELL AS if the plan works!

It's obvious that all kinds of companies are in trouble in this climate. There is no better proof of this fact, perhaps ironically, that the Technical Director for this particular company's investors meeting is himself, on the dole...

TV in my hotel room bores me

There are only 30 channels on my Hotel room cable. These include cnn, cnbc, bloomberg, espn, yes, usa, TNT, and HBO. These options have officialy bored me.

On top of that, the bar is closed because this is a conference center, and not a real hotel. There are only 3 people staying here tonight; because of that, all the amenities aren't up to my usual standard.

Freelancing is rough . . .

The Week Of Waiting Is Over

When you apply for Unemployment Insurance the first week is a waiting week. At first this seemed silly, but now I have a better understanding of this week of waiting.

Last week I wrote about how awful it made me feel to apply for unemployment benefits. However, seven short days later, that feeling has disappeared. I'm not sure exactly what is to blame for the change of heart. Perhaps it was the level of difficulty of actually finding a new job in this economy, or my bank account plummeting. For whatever reason, I have gotten over myself and began falling in love with the idea of that "free government money."

Now my only worry today is that the freelance gig I am going to embark on today doesn't earn me so much money that the government thinks I have fulltime work again.

Next time will be from the road.