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To: pbull who wrote (11125)8/15/2003 12:35:23 AM
From: Lizzie Tudor  Read Replies (3) | Respond to of 13815
 
right that is the typical situation around here.

Admittedly I come from software and my business is in one hell of a funk real and imagined, Larry Ellison is adding to the malaise too. However, there are no jobs. I know some of the best DBAs in the business, guys that are 40 years old with 10 years experience capable of managing young teams or setting up your archival strategy FROM SCRATCH, the kind of people who could write their own ticket throughout the entire 90s... and most are out of work and one guy got so desperate after looking for 2+ years he took a job at Gap Inc. for 50K. The unemployment numbers don't tell the whole story and besides if everybody has to take a 70% pay cut like that guy at Gap, what do we have? I think we are in trouble economically here.



To: pbull who wrote (11125)8/15/2003 11:11:16 AM
From: im a survivor  Respond to of 13815
 
<<Of course. But it's disturbing to me to hear of a friend of mine who was graduated with a degree in engineering from Kansas, joined a big firm in Kansas City, then moved to Ohio to cash in on the Y2K fiasco (he made a mint during that bit of hysteria).
He was then hired by Inktomi and moved to Portland, Ore. They gave him a pink slip once, but hired him back. Then they laid him off again (along with just about everyone else).
His wife found work in New Hampshire (no, I'm not kidding), so they moved there. But he's still a house husband. Does a little work on the side for a friend of his back in K.C., but other than that, can't find suitable employment.
OK, he's 6-2, 215, 29 years old and doesn't want to work for $7 an hour at a dog food plant.
Can't blame him. Six years of college for this?
By the way, this kid is from a broken home in Dodge City, Kan. He is not just some spoiled brat.>>

Yep, my wife did the 6 year college thing and is also an engineer. She's 33, I am 39. Luckily, she works for a company that realizes her value. They prefer to keep their young talent and offer early retirement to the older folks, rather then major layoffs. Anyway, I hope they dont change and keep taking good care of her. The job market sucks. I would hate for her/us to be in your friends position. But, I have alot of friends that were making 6 figures, got laid off, and now can only find work for like $8 - $10 an hour. Also, some friends that retired had to go back to work. Engineer friend of ours retired as an engineer from Duke Power. He had to go back to work, since his retirement nest egg disappeared during the bear. Duke actually said he could come back...same salary...he chose to go work at Home Depot instead, for $10 or $12 an hour. His reasoning was simply he did the engineer thing with Duke his whole life and "woodworking/carpentry" was his favorite hobby, so he wanted to work at home depot instead, for FAR LESS $$'s, simply because it was also a hobby for him. But I know many others..lots of college, lots of experience, used to making 6 figures, and most are stuck with nothing, or $8 an hour to wait on tables, as nothing else is available. Sad times, thats for sure.