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Posts Tagged ‘getcramer.com’

I am currently writing an e-book on the Kindle format about how to find a job in this economy.  I want to make the book especially for people who are currently unemployed and give them a guide that will produce 3-4 good tips in a 20 minute read.  No filler or BS.  I am covering the current job market, social media and the job search, pre, during and post interview tactics and humorous stories I have accumulated about the dumb things applicant do in my office.  I expect to have this done about the first of the year.  I am asking if there are any questions you may have that I could answer in the book.  Please feel free to comment on this page.  Thanks

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If you are following the stock market and expect that index to give you direction,  you are living in a fantasy world.  That is a casino style gambling atmosphere only understood by the few folks who control all the information and choose what info to divulge, all the while.  lining the pockets of the Dolts that started half of this problem..Now that I got that out of my system…

SMALL BUSINESS CREATES 75% OF THE JOBS IN THE COUNTRY.

I know I have said this before but some people just don’t get it..Prez Obama, Congress and our State officials.  Today the National Federation of Independent Business release a sobering survey you should be concerned about.  See the full article at: http://fxn.ws/pxKfvi  .  Here are the stats:

Out of 1800 surveyed

14% cut staff

12% made new hires

Their optimism index has been down for the fourth month in a row.  No new hires?..more people on Gov’t payments, food stamps (45 million people!) AND not paying taxes or spending money on goods.  There are several factors that are a drag on this economy

1- Congress can’t stop spending money.  (budget deal is a joke)

2- Looming Obama-care debacle

3- BS regulation for the little guy while bigger guy gets away with murder

4- People are just plain lazier and our recent graduates can write 2 sentences

5- Banks will only lend if you wrap a stack of cash around your loan app.

Our system of electing people is the ‘go along to get along’ program that keeps about 75% of these idiots in the same job every 2-4 years.  Economics and politics do not go together, and until we get some folks that have actually had to make a payroll  in office…we will continue to flounder through this mess.

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Well…that is a very good question.  So how about some bullet point answers:

1- The flooding, tornadoes, and other disasters are taking a big toll.  When you are digging out your house, you are not working and the companies/ businesses that produce are idle…problem

2- Federal debt has capital scared to deploy.  Long term fix requires harsh cuts in Medicare,  Social Security etc.  Who has the huevos to do it?  Not anyone I have seen!

3-You can’t get a loan without a major proctology exam along with a severe beating.  No loans, small biz can’t grow.  Simple math.

4-Our major industry..construction is in a depression.  What will take its place?  Better question..what 5 industries can take its place.

5- Healthcare plan on horizon.  Don’t like it?  Then get a waiver if you are big enough.  The rest of us just get the shaft.

6- Wage scales in AZ are on the low end and will continue that way until demand picks up for goods and services.  Can’t buy homes, cars, education, clothes, food and gas on poverty level wages..oh and these folks are not paying taxes.  Local AZ Government receipts are down and the food and sales tax increase is being used to help support the bloated salaries and benefits of top officials…not on your schools system.

Going forward we need more representatives that support the small business person…not necessarily the big biz people…they got their bailout.   Small business creates 75% of the job growth and we are wading through the mud of over regulation, lack of capital availability and a generally poor business realtionship with the folks in Washington D.C.

Muddle through people…we will make it!

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YES…we are getting job growth.  Is it the right kind that will sustain our local economy?  Not yet!…I wish they would include the wage ranges of these created jobs, only then would you be able to compare relevant job growth, to merely  minimum wage job growth.  A big difference since we need someone to pay taxes, buy things and create  new opportunities for business growth.  An interesting article in the New York Times yesterday(http://bit.ly/i6Wy0Q)  goes a long way to illustrate this point.  It basically says, a single person needs an income of about $30k a year in order to survive.  That does not include a Bahamas vacation and a new car every 3 years.  Just the basics and some room for savings growth.  Do you know what the Feds have as the poverty level for the same person?  $10,830.  That is a Grand Canyon size gap in actual cash people need to survive.  From my chair,  I see low wage growth in the $10-15/hr jobs, not $35,00 and above.   It is the higher wage job growth we need to fill in for the construction industry implosion that took thousands of higher paying jobs from the State.   Replacement of these ‘lost jobs’ are the key to improving our local economy, and making our State a better place to live.

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I was recently asked by a few colleagues to comment on the state of employment in Arizona.  Unfortunately, I  have not removed my pom-poms from storage as of yet.  That is not what people want to hear but it is a fact…We are going to be in slow growth employment for the foreseeable future.  Job growth openings for my firm are much improved BUT the climate is totally different from years past.  Employers are more cautious when making commitments and they want to see more candidates than ever before.  AND they only want to see the candidates that have industry specific skills.  If you are a ‘career changer’ you are pretty much out of luck.  Background issues can also derail your job search.  We are not talking about the guy/gal that pistol whipped grandma down at the liquor store they robbed but DUI’s and minor offenses.  There are just too many candidates with zero problems to focus on.   Displaced middle age people (like me) are even having a harder time because middle manager positions were just plain eliminated and are now not needed.  Bad news for retirement planning, keeping your home out of foreclosure and feeding your kids.  What is the solution?  Glad you asked.  Our peeps at the Legislature and Governor’s office must focus on attracting good companies to the area.  NOT spending time on fighting the Feds over trivial matters.   When you have this many fires to put out, you need to focus on the big ones…not the dumpster fire.   We are over paying the double dippers and higher city officials like we were running a casino, not a garage sale.  Going forward the only solutions they will come up with is taxing the smaller minority of people and businesses that are actually making money but that well is running dry also.  So jump on the internet and ask your Reps what the heck they are doing down there to get companies to move here or you can expect huge budget cuts and tax increases to compensate for the their continued foolishness.

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With the new year brings the opportunity to improve your staff or make some timely additions.  Before you run out thinking that Mr./Mrs. Fantastic is just sitting around waiting for your call…we better get a few things straight:

1- You will not find too many “gems” in the vast amount of unemployed people.  When you do..you better act fast.  I spoke to one prospect that sat on resumes for 3 weeks..guess what?  The good ones were gonzo!

2- Speaking of resumes.  Is that all you are using to screen applicants?  Most of these are just a poorly written commercial complete with BS, incomplete dates of employment and phony schooling.  You must actually talk to people to hire the good ones.  Yes…that means good old-fashioned in person interviews.

3- You cannot hire a person that is great at everything!  You must focus on the 3 areas you need to accomplish and hire for those first.  You will have to train the person on other tasks.

4- Training? Yes, you will actually need to spend time developing your team.  Don’t have the time.  Be prepared for a 20% increase in your salary target for that position.

5- Plan ahead.  Good candidates are cheaper now but as the economy improves, they will be harder to locate and you will be left bidding up your salary’s for the Bronze Medal Winner.  You can quote me on that!

How are businesses doing?  We work with over 85 different companies and it has been better so far.  The problem is lack of funding.  You know how I hate the banks, and they are still not helping with capital to small business.  Unless you have a ton of collateral for a loan, you are not going to get any help from them.  When they loosen up…business will get a lot better!

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I thought today would be a good day to pass along my 2011 predictions for the economy, employment and other stuff I find interesting.  Here we go:

1-Temp work will continue to grow as the economy improves.  But…this will be on the blue-collar and low-end of the wage scale.  50k plus jobs will be hard to find since we are not creating these jobs in the Valley.

2-Gas at 3 bucks a gallon will impact everything since that cost is passed on to the consumer or end-user.  Employment will be hit because your workers  will not be able to commute to low wage jobs across the Valley.  Recruiting for these jobs will be zip code specific.

3-Will banks lend more in 2011?  Only if the Government makes them or mitigates most of their risk.  They appear fat and happy right now.

4-Lawsuits will continue against big banks for their handling of the foreclosure crisis.  More States will sue, even more regulation will pass.  The only thing that changes behavior is ” a large pocketbook deduction” expect that to make our banking system less evil.

5-Obamacare is essentially toast.  Republicans will block funding and try to renegotiate the rules.  Expect this to be a big issue in the next election

6- President Obama wins reelection (yes that is 2012) but I’m calling my shot now.  Economy will be better and the nations mood less sour.  Mr. Obama is taking a play out of Mr. Clintons playbook…move to center.  Plus I don’t see viable candidates to run against him…Sarah Palin?  yea right.

7- Real Estate if you have cash is going to make the next Bill Gates.  Inflation is coming, so get some hard assets.  Forget about bank loans.

8-Hiring will be more difficult.  Enormous amounts of people out of work for years will require tons of money to retrain and get ready to be productive.  Less than 30% of the Hiring Managers actually have had training in interviewing people.  That is mine field of lawsuits waiting to happen.

9-Twitter, Linked-in and Face book will be used more and more as a recruiting tool for workers

10-The New Economy.  Less credit, more cash purchases and buyers looking for a deal.  Don’t have any? You are toast.  Companies will wait longer to buy equipment, hold back on inventories and hire only necessary workers.  Individuals will buy fewer cars, appliances, leisure trips etc until they replenish some of what they have lost over the last few years.  All in all a smarter consumer.

As always, I encourage your debate as well.  Coming up next week my blog review of last years predictions…successes and failures

 

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