Posts Tagged ‘job market

22
Jan
09

Light at the end of the tunnel? Or the beginning of the end?

I am very concerned and troubled after this week’s announcement of Washington State’s unemployment rate (7.1%) and the recent news regarding Microsoft layoffs (1,400 today and 5,000 over the next 18 months). It feels like the situation is spiraling out of control and I’m fearful that our state’s job market will not be able to absorb all of those people for a very long time. This impacts everyone; although some more directly than others. While I am optimistic about my job, I have friends who are out of work – trying to support children and keep their homes. My thoughts are with them. I wish I could do more.

I can’t help but wonder if we’ll look back on this time 20 years from now and be thankful that we were able to turn things around quickly; or if we’ll remember it as the beginning of a long, painful haul. I’m cautiously optimistic.




a blog for anyone, but mostly for me.