Fri 14 Aug 2009
I Got The Job! The Recession Is Over!
Posted by RichSlick under Raves
[2] Comments
Well, looks like the kids are going back to school and I’m heading back to work. I guess this means that the recession is officially over but don’t expect a recovery any time soon. I took a 30k pay cut to get back into the work force and a whole lot more than that when considering stock options and other variables. I don’t mind though because I’m still above six figures and have great potential for growth if the company doesn’t implode!
I’ve noticed restaurants a bit fuller these days but shopping is still abysmal based on some observations over the past few weeks. Unfortunately, many friends and peers are still unemployed so I don’t know where we go from here with this myopic consumer economy. Further, if people are taking 20% to 40% pay cuts to get back in the work force then I don’t expect the markets to recover further than a bump up.
What’s happening in your neck of the woods?
August 18th, 2009 at 1:51 am
Congratulations! I have been reading your blog and know how it was for you, first time commenting. Good luck with your MBA too.
ZG
August 19th, 2009 at 8:10 pm
Thanks Zengirl.