Driving home from my parents’ place this evening, where I had dinner with my folks, I was listening to the NPR show On Point, and the focus was the economy, specifically the jobs situation, the poor jobs situation. They’re talking about how the country, in the wake of this recession, is becoming divided into the affluent, the wealthy, and everyone else, i.e. the middle class is disappearing, which has been said to be the engine of our economy.
The guest “expert” is Don Peck,the author of “Pinched: How the Great Recession Has Narrowed Our Futures and What We Can Do About It.” And I got to tell you that guy does not sound very optimistic.
I heard quoted that the average time of unemployment time span is 9 months. Nine freaking months! I can’t imagine still being unemployed come next may. And yet I’ve heard of people being out of work for up to three years. What do you do with yourself when you’re unemployed for three years.
Something else they’re talking about is how there are certain segment of American society that are not touched by the recession, people who don’t see the jobs problem. Now, I’ve only been unemployed for a week but I’ve been job-searching for months, ever since I learned that jobs would be cut at the library where I worked, because I strongly suspected that I might be one of the unfortunates to get the ax, and I can tell you that it is not good out there, jobs-wise. I don’t care what anyone says. I reviewed perhaps 100 j0bs and found only three to apply for. I mean, unless I want to work for $8.50 and hour, which would be a step down from unemployment. But who knows? I may be begging for a job lock that in a few months.
And yet there are people who believe things are not that bad, that they are improving. Someone said to me that they felt things are getting better because their company was looking to hire 7 people or something like that and couldn’t find people to fill those positions. That may well be, but it is not representative of what is going in the greater economy. The situation is not good, and I seriously doubt that it’s going to get much better anytime soon. It is going to be years and years before we recover, it we ever really recover entirely.
Of course, statistically I am supposed to be in a good position, since I have an education, an advanced degree even. But consider that my degrees are in English, creative writing. I’m not sure that these seem very practical or impressive to employers, if they even look at my resume amongst the hundreds, if not thousands, that are submitted for any given position.
Finally, they say that people get more conservative financially in times like these, and I agree. I question and pain over every nickle that I spend. I cut wherever I can. I go without. I just don’t buy stuff. And I’m not about to until things start improving.
Example: my lease is up at the end of September. I have to give thirty days notice to the rental office if I’m going to stay or move out. So that basically gives me two weeks to nab a job that will allow me to stay in my apartment. But I doubt that is going to happen, so my plan is to move back in with my parents. Now, I could probably afford to stay in my apartment while on unemployment. I could probably scrape by. But I’d probably run through what meager savings I have in addition to burning up the unemployment, which is substantially less than I was making at my job, which was not that much. It may not be ideal, moving back in with my parents, but my goal is to not go into debt, and perhaps even preserve some money, what little I have.
I’m sorry, I’m just not very optimistic. Others may be, but I’m not. It’s a new reality, and it’s not good.