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Strategies & Market Trends : Waiting for the big Kahuna

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To: Dwight E. Karlsen who wrote (9336)	11/7/1997 10:46:00 PM
From: Bilow	Read Replies (1) of 94695

The labor market isn't as easy as the low unemployment numbers would indicate. Those people skilled in what industry needs, can pretty much name their own salary. For average people times are a little harder. For middle managers forced out through down- sizings, the pickings are slim indeed. I've seen two engineering Vice Presidents go sucking air (i.e. become "consultants" with no contracts) over the last few years. You'd better bet they don't have the bucks to risk on the market. Maybe the author used the word "hungry" to describe a situation where you don't know where your next mortgage payment is coming from, a situation I've never had to face but have certainly observed. By the way, while the divergence nowadays is between the fate of the skilled and the unskilled (at what industry wants) during the 20s farmers were the ones with the short end of the stick. History never repeats, but it does rhyme. -- Carl

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