In December 174,819 Oregonians were unemployed, an increase of 69,966 from the December 2007 level of 104,853. December marked the largest number of unemployed since January 1983 when 176,815 Oregonians were unemployed.
Or this (not a very good article, but the comments are interesting!):
The seasonally adjusted figure -- the highest in more than 23 years -- could well increase further, economists said Tuesday. The recession is dealing Oregon one of the highest unemployment rates in the country, which had a 7.2 percent jobless rate in December.
And this:
Intel announces that it will close or stop production at five of its manufacturing facilities, including plants in Oregon and California. The closings will take place in 2009 and could affect between 5,000 and 6,000 employees once all of Intel's plans are finalized.
In the face of news like this, we must be STUPID to try to find jobs, right? Rest assured, we do realize the gravity of the situation and that we will be VERY fortunate to find a job each, not to mention jobs that we actually desire. I sure as hell will be damn proud of us when we accomplish this seemingly daunting task. Notice I said "when" and not "if"!
The thing is, it's not as dire as it seems. When you see these figures in the media, they don't always qualify the data with further details. For example, in Oregon, the worst hit job markets are Construction, Manufacturing, and Trade/Transportation/Utilities. Take a look at this graph from the Oregon Employment Department:
Notice how Government and Financial Activities haven't really dropped that much? Now look at Educational & Health Services. It has actually been climbing steadily! Furthermore, it has been said that having a degree (I have 2, Kristen has 3) really helps you to stay out of the jobless ranks. There was an article in The Bend Bulletin titled "In hard times, having a degree is a lifesaver". I've included a LINK to the article. Unfortunately, you can only read the first paragraph (unless you have a subscription), but there's also this PIECE from the New York Times which states: "The job situation is likely to weaken considerably for less-educated workers as the downturn persists, however, because employers are likely to raise skill requirements. Employers tend to be more selective in downturns. A study by Paul Devereux, for example, found 'the education levels of new hires within occupations are higher when the unemployment rate is high and this effect is more pronounced in lower-paying occupations.'" This bodes well for us. Sure, we might not end up in the job of our dreams at this point, but that's OK. First of all, we live quite modestly by most standards, have relatively low debt, and don't have any dependents. We're not looking to become millionaires. As long as our basic needs are being met and we can afford to go to a movie or out for dinner once in a while, we'll be happy. The 5 years we spent in Europe really taught us to re-evaluate what's important and to take a much less materialistic approach to life. That certainly has been helpful for us when we got back to the US to find the economy collapsing. People have been living irresponsibly, way beyond their means. That's just how the American society has been for the last 50 years or so. Consume, consume, consume. If you want to find a positive side to how things look here now, the fact that people are starting to change their consumer behavior and re-priortize is a REALLY good thing! Unfortunately, there are a lot of people who have had to learn this lesson the hard way and are close to, if not firmly-planted, in destitute. The economy is such a complex organism and things will level off eventually and then we can all start putting things back together and rebuilding. The America that will come out of that will be so much stronger than before. We just all need to be a part of the solution. Anyway, I digress...
Some more evidence that we aren't insane for thinking that we can find jobs in this economy:
- When we went to Portland last week, we spoke to two professionals who told us that Portland has not been hit as hard as many other cities in the country. The city is still thriving. There might be more of an effect in the future, but at the moment, it's OK. There as jobs out there. You just have to be more pro-active in finding them (i.e.- networking).
- We have each applied for 5 to 6 jobs already and there are more in progress. And these are pretty much all for jobs that we would actually want! We haven't started reaching for the bottom of the barrel yet. As I'm writing this, Kristen is sitting across from me applying for two more jobs.
- Monster.com, for example, has 1373 jobs listed for Portland, OR today. Sure, they aren't all ones that we are qualified for or interested in. We definitely would have more job options if we had a degree in healthcare, law, or finance, but there are plenty of jobs out there for us to apply for. By the way, we don't use Monster because they don't have a lot of listings for the kinds of jobs we're looking for.
- And one final piece of news is that I have had a nibble on the Americorps job I applied for. This morning, I had a prelimanary telephone interview. There are two other people who are being seriously considered for the job. The interview went really well and it seemed like I made a good impression. I feel pretty good about my chances.
One thing is for sure, the Portland momentum has started. The Po Mo, as Kristen has dubbed it.
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