Ms. Calabaza provides the lead in to todays story. Given the sad state of our economy, this add seems most appropriate for those who have lost their ass in the stock market and with mutual funds.
Unemployment has hit a 25-year high. Even worse, most employers indicate that hiring isn't likely to increase any time soon according to a Manpower Employment Outlook Survey released Tuesday.
A slower hiring pace for the second quarter of 2009 compared to the first quarter means the recession will persist longer then some thought. Sixty-seven percent of employers expect no change in their spring hiring plans. Jeffrey Joerres, chairman and CEO of Manpower, said in a statement.
Only 15% anticipate anticipated increasing hiring during the second quarter. This represents a decline from 26% in the same period last year.
14% expect a decrease in their payrolls. The net employment outlook is the worst that has been seen since the recession of 1982. Only employers in construction, leisure and hospitality anticipate employment increases. A recent government report revealed that our economy has lost 3.3 million jobs over the past six months. Our unemployment rate is in excess of 8.1%, which represents the highest rate in 25 years.
So, any one want to buy a tractor?