very bad for me:(
But here’s the rub. Unlike the tech bust, during the mortgage crisis fallout, it won’t be just Wall Street scions and their New York dependents struggling to find employment.
Today, given the slowdown in the housing and mortgage markets, only 59% of American employers plan to hire 2008 college gradates this year, down 17% from 2007. What’s more, according to Monster Worldwide’s annual survey, 29% of employers say they are “unsure” about hiring new grads -- twice as many as responded this way last year.
Pollsters at Monster say about half of all 2008 college grads plan on moving back home after graduation -- more than double the 22% who had the same plan in 2007. That can’t be good for family balance sheets already strapped preparing for retirement.
2 comments:
I don't believe that we've seen the worst yet. Problems will pop up in all different ways and shapes. As far as market is concerned, it will be interesting to see which way it breaks out. Apparently, 1350 did not hold. I have a bearish bias as we stand. Let's find out. It is tough out there.Take care, my friend.
"Everything will come gradually and at appointed time." A good job will surely come to you, no matter how bad the job market is.
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