For millions of people, 2008-2011 were terrible years, and 2011 has not gone well at all. The companies they work for had been through several rounds of layoffs, a significant decline in business, and a number have filed for bankruptcy or been bailed out by the government or other corporate entities. Not only have merit raises not been given, many people have been offered a pay decrease instead of being laid off.
The sentiment is that, “at least I still have my job.” Unfortunately, these jobs can not pay the bills, or allow for any kind of career advancement. It leaves millions wondering how they can secure a higher paying positions in today’s terrible employment market. The good news is that it seems like the jobs market may be giving signs of life in the upcoming months.
The government has been printing money like there’s no tomorrow, and the stock market may finally be recovering. Although this could well possibly be a fabricated recovery and the start of a new bubble, it will be wise to keep an eye out for any good job openings. Companies will finally begin hiring again, especially since local and state governments have been firing public sector workers.