Growing Evidence That The Upturn Is Upon Us
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Now you obviously know something that I and many others do not. Pray tell, what little secret do you have?
Yeah, Sciolistes, even I was shocked at my over confidence for a moment! .... then I realised there was a significant part of the quote missing! I'd rather not be tarred with that arrogant brush thanks. I'm actually a nice guy and very much a realist, even if I hate having bad news rammed down my throat on a daily basis.
Join Date: Jun 2008
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What a cocking surprise!
BBC NEWS | Business | UK deficit 'more than predicted'
You know, I sometimes think the only major difference between me and some peasant from 1000 years ago are:
1) I'm generally a bit less smelly
2) Fear of god has been replaced by fear of debt/ repo.
Happy Days.
You know, I sometimes think the only major difference between me and some peasant from 1000 years ago are:
1) I'm generally a bit less smelly
2) Fear of god has been replaced by fear of debt/ repo.
Happy Days.
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About a 1000 years ago King Canute came to rule. I cant help but think we have a reincarnation.
At the same time the Y1K virus caused mayhem and the letter 'W' of the alphabet entered beta testing.
Here is a typical house of the period Link
At the same time the Y1K virus caused mayhem and the letter 'W' of the alphabet entered beta testing.
Here is a typical house of the period Link
Join Date: Nov 2008
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Two million Britons pack their bags in Easter exodus
Good news everyone:
Two million Britons pack their bags in Easter exodus -Times Online
might this be the 2 million unemployed (i guess it's one way to spend your jobseekers and other allowances )
Two million Britons are expected to go abroad this Easter, up 20 per cent on last year, with tomorrow expected to be the busiest day at UK airports.
Tim Williamson, customer director for Thomson and First Choice, said: “Our customers have told us that they regard their annual holiday as a necessity rather than a luxury, and that despite the difficult financial climate, they are still determined to travel.”
The most popular long-haul destinations for British Airways this weekend are New York, LA and Hong Kong, while the short-haul routes that will be busiest are Edinburgh, Paris and Geneva.
Tim Williamson, customer director for Thomson and First Choice, said: “Our customers have told us that they regard their annual holiday as a necessity rather than a luxury, and that despite the difficult financial climate, they are still determined to travel.”
The most popular long-haul destinations for British Airways this weekend are New York, LA and Hong Kong, while the short-haul routes that will be busiest are Edinburgh, Paris and Geneva.
might this be the 2 million unemployed (i guess it's one way to spend your jobseekers and other allowances )
Join Date: Mar 2009
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Well, while there is high unemployment etc, the vast majority are still employed on full pay taking advantage of the lower cost of living.
Holiday seasons will always be popular, as linked, most households see it as a necessity. Its year round business and weekend breaks that are down, not family holidays.
Holiday seasons will always be popular, as linked, most households see it as a necessity. Its year round business and weekend breaks that are down, not family holidays.
In the last recession Air Europe, then the largest tour operator in the UK, went bust.
In every previous business cycle the downward turn has resulted in several airlines going bust in the UK. Quite often household name ones. You either think;
1) XL Airways plus SilverJet is it, or
2) To match the seriousness of the present economic contraction history suggest there are several more airlines to go disappear yet, or
3) That its different this time
There's an argument to be had I suppose but 2) seems most likely to me. Its the unemployment curve that you need to watch and its going from 2m to 3m in short order..
WWW
In every previous business cycle the downward turn has resulted in several airlines going bust in the UK. Quite often household name ones. You either think;
1) XL Airways plus SilverJet is it, or
2) To match the seriousness of the present economic contraction history suggest there are several more airlines to go disappear yet, or
3) That its different this time
There's an argument to be had I suppose but 2) seems most likely to me. Its the unemployment curve that you need to watch and its going from 2m to 3m in short order..
WWW
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Hey, can I sign on too? I mean, I've finished my training and need an income?!
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I am not surprised of this recession at all(call depression)...
1)for years, in europe , people are struggling with less 1500 euro/month for 50% of french citizen just as an exemple.
2)in the USA, people were living with more than they can afford.
3)in greece they live with 600 euro a month, and in some countries unemployment rate is over 40%.
4)Then add the golden welcomes, the golden parachutes,...and jobs leaving to china where they exploit chinese people.
5) madhof' scams, ponzy schemes...
6) jobs leaving to china
1+2+3+4+5+6 a major crisis.
what make me laugh, it s people who say it s all ok, that people who lost their job, are the blue worker, but if you are qualified, You can get a job.
What they don't get, it s when industries close and move to china, it' s the jobs as engineer, technicians(not only the blue workers),...which move to china, and they ask you if you are willing to move there and be paid 300$ /month.
so if you are a blue worker or an engineer, you loose your job.
the only way to go around this, it s to bloke china to sell their crap to europe. say to the industries, that if they want sell their **** in europe, they have to produce in europe/USA.
China is in my point of view, the biggest problem for us and actualy our politicians dont want or don't want see where the problem is....just injecting money, will help, but it wont be enough. we have to keep our industries in europe/USA specially when their QQ (the cheap chinese cars) are coming soon.
1)for years, in europe , people are struggling with less 1500 euro/month for 50% of french citizen just as an exemple.
2)in the USA, people were living with more than they can afford.
3)in greece they live with 600 euro a month, and in some countries unemployment rate is over 40%.
4)Then add the golden welcomes, the golden parachutes,...and jobs leaving to china where they exploit chinese people.
5) madhof' scams, ponzy schemes...
6) jobs leaving to china
1+2+3+4+5+6 a major crisis.
what make me laugh, it s people who say it s all ok, that people who lost their job, are the blue worker, but if you are qualified, You can get a job.
What they don't get, it s when industries close and move to china, it' s the jobs as engineer, technicians(not only the blue workers),...which move to china, and they ask you if you are willing to move there and be paid 300$ /month.
so if you are a blue worker or an engineer, you loose your job.
the only way to go around this, it s to bloke china to sell their crap to europe. say to the industries, that if they want sell their **** in europe, they have to produce in europe/USA.
China is in my point of view, the biggest problem for us and actualy our politicians dont want or don't want see where the problem is....just injecting money, will help, but it wont be enough. we have to keep our industries in europe/USA specially when their QQ (the cheap chinese cars) are coming soon.
In answer to quant, IIRC the real reason for signing-on is something to do with NI payments so you get your full pension when you retire...if there are such things in 40 years time...
We may chuckle at your Doctor friend being asked to consider a customer services job, but I wouldn't be surprised if he were turned down for being over-qualified in any event.
I was thinking of going for a mystery shopper position. £15 an hour for pretending to buy stuff. Certainly beats not being paid to look around shops and not buying things, which is what I do now anyway...
We may chuckle at your Doctor friend being asked to consider a customer services job, but I wouldn't be surprised if he were turned down for being over-qualified in any event.
I was thinking of going for a mystery shopper position. £15 an hour for pretending to buy stuff. Certainly beats not being paid to look around shops and not buying things, which is what I do now anyway...
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We may chuckle at your Doctor friend being asked to consider a customer services job, but I wouldn't be surprised if he were turned down for being over-qualified in any event.
good luck with that mystery shopping position beats working in mcdonalds i guess
Ha ha ha. I'm up against some pretty tough competition!
Mind you, McDonalds isn't such a bad idea. Free grub and a smart uniform. Plus, join now and you'll beat the rush when the next swathe of pilots are made redundant...
Mind you, McDonalds isn't such a bad idea. Free grub and a smart uniform. Plus, join now and you'll beat the rush when the next swathe of pilots are made redundant...
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dartagnan.......
Your analysis of the situation is grim but sadly fairly accurate. The only point I would raise is the future of China. Taiwan is actually the new China. In 2007/2008 the Chinese implemented (and actually enforced) some serious new legislation regarding both working conditions and factory pollution levels. This has lead to a number of factories actually being shut down over night and the ones that remained open have been forced to raise their export prices to cover the costs of cleaning up their act and adhering to the new pay and conditions for their staff.
Take this example...China is the world's largest producer of pet products. Raw hide dog chews, rubber toys and plastics in particular. All of which create massive amounts of pollution which was previously dumped in the local rivers. Now that this is being stamped out, manufacturers are sourcing factories in Taiwan where legislation is still years behind China. As a result the new job creation will be in Taiwan if the other industries using the same materials follow suite, which I suspect they will.
So.....anyone got a job recently or is that a silly question????
Have a great Easter all, at least that bloody bunny's got real job security year on year!
2W2R
Your analysis of the situation is grim but sadly fairly accurate. The only point I would raise is the future of China. Taiwan is actually the new China. In 2007/2008 the Chinese implemented (and actually enforced) some serious new legislation regarding both working conditions and factory pollution levels. This has lead to a number of factories actually being shut down over night and the ones that remained open have been forced to raise their export prices to cover the costs of cleaning up their act and adhering to the new pay and conditions for their staff.
Take this example...China is the world's largest producer of pet products. Raw hide dog chews, rubber toys and plastics in particular. All of which create massive amounts of pollution which was previously dumped in the local rivers. Now that this is being stamped out, manufacturers are sourcing factories in Taiwan where legislation is still years behind China. As a result the new job creation will be in Taiwan if the other industries using the same materials follow suite, which I suspect they will.
So.....anyone got a job recently or is that a silly question????
Have a great Easter all, at least that bloody bunny's got real job security year on year!
2W2R
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I picked my user name when I first joined PPRuNe as I was a mystery shopper at the time. It was a perfect job for me while I was completing my modular training during the last downturn after 911. Mostly I did financial product (mortgages, loans and associated insurance) mystery shopping which was a bit more challenging than ordering a Big Mac and fries and timing how quick the queue was!
I had to go into branches of banks and building societies, show interest in a certain product and describe a predefined financial situation and have an customer interview with a financial advisor(FA). I was assessing customer service skills of any staff member I encountered, the FA's ability to recommend a suitable product as well as ensuring compliance with the financial ombudsman guidelines at the time. It was hard work but fascinating and entirely on my own time schedule so it fitted in with the studying well. I didn't get paid (around 30 pounds per interview) if they cottoned on to what I was doing which made it challenging. The company I worked for used to give me a list of branches in my county for me to work through so with some planning I could get through 3 or 4 a day. Sadly they have ceased trading now but I am sure there are others out there.
Cheers.
I had to go into branches of banks and building societies, show interest in a certain product and describe a predefined financial situation and have an customer interview with a financial advisor(FA). I was assessing customer service skills of any staff member I encountered, the FA's ability to recommend a suitable product as well as ensuring compliance with the financial ombudsman guidelines at the time. It was hard work but fascinating and entirely on my own time schedule so it fitted in with the studying well. I didn't get paid (around 30 pounds per interview) if they cottoned on to what I was doing which made it challenging. The company I worked for used to give me a list of branches in my county for me to work through so with some planning I could get through 3 or 4 a day. Sadly they have ceased trading now but I am sure there are others out there.
Cheers.
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