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Strategies & Market Trends : Sharck Soup

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To: Paul A who wrote (11261)	3/11/2001 1:15:05 PM
From: velociraptor_	Read Replies (3) of 37746

Good notes Paul...and I think you highlighted some key important concepts....namely the facts that mafacturing orders have literally come to a halt and credit debt is extremely high and is on the verge of bankrupting many americans. Lay-offs are now coming out by the thousands and the stories I am hearing are not getting any better...in fact they are getting worse. Tech jobs that used to be out by the numbers are now difficult to find. Resumes are backing up. People are not able to bargain for their jobs anymore. I also hear that headhunters are even having difficulty finding the jobs. In my own field of science and biotech, it has become so saturated with PhD's you're lucky to get 30k a year right out of grad school with a PhD.

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