A Hiring Boom "May" be on the way.

[High_Gravity]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

With that kind of attitude why hire anyone? that business would be a one man shop. Plus unemployment is hardly a life time, it varies depending on state but there is always an expiration date on that.

 

[Sallow]

They aren't hiring. But not for the reasons you state. You imaginarium is running along the paranoid lines. I've seen many small business owners interviewed and have listened to many who are members here on this board..

A. Thousands of anti business regulations from obama

B. obama care and the associated costs.

c. Uncertainty in an anti business enviornment.

D. They're not look forward to the expiration of the Bush tax cuts.




so,, we'll wait and see who is right.

A. Which ones?
B. Cost of Healthcare was rocketing up prior to ObamaCare. Employers were asking for more of a contribution from Employees.
C. What "Anti-Business" environment? Did interest rates suddenly spike? Several rounds of QE were "anti-business"?
D. Read my OP.

bullshit and spin. that all you got?

What spin?

I address your points and asked some questions. Point out the "falsehoods"...if you like. Try using some real world facts to buttress your position.

 

[JimH52]

Personally, I am seeing some fairly significant movements in the Real Estate market. It appears the stockpile of the foreclosures is finally beginning to disappear. Plus, commercial investors are coming back to the table. 2012 may be a year of unexpected recovery.

 

[WillowTree]

These are just musings..but lately there's been alot of frenzied activity from recruiters. And I just went to the office party of my old job and while talking to some of the guys there, many people who were looking for a year or more are getting snapped up.

What's going on?

Well aside from the economy getting better, the Bush tax cuts are set to expire. And there's not much evidence they did anything to help. Employers are sitting on tons and tons of liquidity and playing "shell games" to keep making money..without adding to the overall economy. Given the present anger in the public at large, I have a feeling that to quell some of this..there will be a hiring boom.

Who knows...

I hope you are right cause we need a hiring boom, alot of people are out of jobs and need the work.

that's obama's cross to bear. poor him.

 

[Sallow]

These are just musings..but lately there's been alot of frenzied activity from recruiters. And I just went to the office party of my old job and while talking to some of the guys there, many people who were looking for a year or more are getting snapped up.

What's going on?

Well aside from the economy getting better, the Bush tax cuts are set to expire. And there's not much evidence they did anything to help. Employers are sitting on tons and tons of liquidity and playing "shell games" to keep making money..without adding to the overall economy. Given the present anger in the public at large, I have a feeling that to quell some of this..there will be a hiring boom.

Who knows...

I hope you are right cause we need a hiring boom, alot of people are out of jobs and need the work.

Like me.

 

[ba1614]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

Has the amount of millionaires and billionaires in this country gone up or down in the past 30 years?

Seriously..come into the real world.

The country producing more millionaires should be celebrated, but that's jmo.

 

[Two Thumbs]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

A company that hires through a temp service.

A temp service always has 2 customers, at least.

One to bring people in for the pay.
And one that just sucks that almost no one will take.

When the big payer ends, the temp co can offer the worker the shitty job, hoping they won't take it, so it's a voluntary quit and thus no UE>

 

[Jarhead]

These are just musings..but lately there's been alot of frenzied activity from recruiters. And I just went to the office party of my old job and while talking to some of the guys there, many people who were looking for a year or more are getting snapped up.

What's going on?

Well aside from the economy getting better, the Bush tax cuts are set to expire. And there's not much evidence they did anything to help. Employers are sitting on tons and tons of liquidity and playing "shell games" to keep making money..without adding to the overall economy. Given the present anger in the public at large, I have a feeling that to quell some of this..there will be a hiring boom.

Who knows...

I hope you are right cause we need a hiring boom, alot of people are out of jobs and need the work.

Like me.

What kind of work do you do?

 

[Sallow]

In other words - Sallow is hoping for another mass bailout and enormous government spending. But no worries...Obama wants to cut 3 $trillion out of the deficit in 10 years (which will of course increase the deficit not decrease it)

Actually..some states are doing what the Fed won't..and adding Stimulus. New York State just wrapped up a huge deal with Cornell..

Pictures of proposed Cornell Technion NYC engineering school

And Cuomo kiboshed the idea of killing the millionaire's tax in favor of putting together a package of infrastructure projects. And walking around the city you can see construction is booming.

I assume you have noticed that colleges have been in a massive growth boom for the past 7-8 years. School construction has never been better.
And who could be surprised?
We are just now beyond the height of the education bubble created by the government. And it will burst. And it will be ugly when it does.
I would think you would not be in favor of this. I would assume you don't like how tuition has ballooned in the past decade?

It's no "bubble". The world comes to the United States to educate it's people.

The United States Colleges and Universities are top flight..bar none.

 

[ba1614]

Personally, I am seeing some fairly significant movements in the Real Estate market. It appears the stockpile of the foreclosures is finally beginning to disappear. Plus, commercial investors are coming back to the table. 2012 may be a year of unexpected recovery.

Great time to add another fee to those taking out mortgages then.

 

[Full-Auto]

Personally, I am seeing some fairly significant movements in the Real Estate market. It appears the stockpile of the foreclosures is finally beginning to disappear. Plus, commercial investors are coming back to the table. 2012 may be a year of unexpected recovery.

Great time to add another fee to those taking out mortgages then.

Why?

 

[freedombecki]

Could you explain it in terms a non-wall street financier would understand, Mr. Sallow? What would a 'ton of liquidity' be?

Several trillion dollars of cold hard cash.

A company that has reduced its labor force from 110,000 workers to 105,000 workers through attrition, still has obligations sometimes for 35 or 40 years after they retire to maintain their pension and insurance needs after working for 25 years and receiving an early retirement.

Sometimes what looks like a ton of liquidity may not seem so on the flip side of the coin.

And if it is popular to trash big businesses to rob their assets for "others more worthy" than the people who earned this money for the corporations, that is quite a change from America's former habit of rewarding those who earned the money, not those who spent a lifetime training themselves to hone in on what appears to them to look like a big stash of "free money." If you take that "free money" and give it all to somebody else, you will leave 105,000 people who did earn the money with no financial future.

Something seems wrong with the picture I'm seeing of pouncing on the assets of other people and using the government secret services data base to go after it.

 

[Two Thumbs]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

Has the amount of millionaires and billionaires in this country gone up or down in the past 30 years?

Seriously..come into the real world.

That doesn't make a lick of sense.

 

[Wry Catcher]

I'm seeing an uptick in construction projects and the malls are jam packed with shoppers.

Now that Boehner has caved and the House of Representatives has become vulnerable to another sea change come November we might very well see some progress from Washington in terms of economic stimulation.

The "I hope he fails" crowd has demonstrated they cannot govern and that "ain't it awful" fear mongering isn't leadership. It's past time to put pragmatic leaders who believe in America and Americans back in office and chase the Eric Cantors and the other ideologues of the world back into obscurity.

 

[old navy]

Personally, I am seeing some fairly significant movements in the Real Estate market. It appears the stockpile of the foreclosures is finally beginning to disappear. Plus, commercial investors are coming back to the table. 2012 may be a year of unexpected recovery.

Great time to add another fee to those taking out mortgages then.

Why?

The fee ba refers to was just added to new mortgages and re-finances to pay for the payroll tax break.

 

[WillowTree]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

A company that hires through a temp service.

A temp service always has 2 customers, at least.

One to bring people in for the pay.
And one that just sucks that almost no one will take.

When the big payer ends, the temp co can offer the worker the shitty job, hoping they won't take it, so it's a voluntary quit and thus no UE>

Harry Ried is on tv right now wanting to extend the extended extended unemployment benefits.. we're not far away from life.. the takers are out numbering the givers at a rapid pace. there will be no hiring boom.

 

[iamwhatiseem]

Actually..some states are doing what the Fed won't..and adding Stimulus. New York State just wrapped up a huge deal with Cornell..

Pictures of proposed Cornell Technion NYC engineering school

And Cuomo kiboshed the idea of killing the millionaire's tax in favor of putting together a package of infrastructure projects. And walking around the city you can see construction is booming.

I assume you have noticed that colleges have been in a massive growth boom for the past 7-8 years. School construction has never been better.
And who could be surprised?
We are just now beyond the height of the education bubble created by the government. And it will burst. And it will be ugly when it does.
I would think you would not be in favor of this. I would assume you don't like how tuition has ballooned in the past decade?

It's no "bubble". The world comes to the United States to educate it's people.

The United States Colleges and Universities are top flight..bar none.

OMG....there is no way you just denied that education is a bubble market right now. You didn't.

Wow.

 

[Jarhead]

and why would an employer hire new employees that he may have to lay off later and then know he's going to have to pay unemployment benefits for a lifetime? who in the hell would knowingly do that?

A company that hires through a temp service.

A temp service always has 2 customers, at least.

One to bring people in for the pay.
And one that just sucks that almost no one will take.

When the big payer ends, the temp co can offer the worker the shitty job, hoping they won't take it, so it's a voluntary quit and thus no UE>

Actually, as an owner of a temporary placement agency (we are a business planning and human resources solutions firm in the NYC area), it does not actually work that way. We can not offer a temp a lower salary and then deny him/her unemployment if he/she rejects the assignment. It willbe a valid rebuttle and we would lose.

Furthermore, we would never want to alienate a good tempoorary employee with such an act. Maybe some of the smaller shops that try to maximize revenue at the cost of quality service do...but as someone in the industry for over two decades, 75% of that time as an owner, that is only successful for the short term. For your inventory (temps) is at a constant and constantly rotating in and out. You need to grow inventory to grow revenue.

What many people dont realize is we value our temps as much as we value our clients. We must perform superior customer service for all of them.

 

[ba1614]

Personally, I am seeing some fairly significant movements in the Real Estate market. It appears the stockpile of the foreclosures is finally beginning to disappear. Plus, commercial investors are coming back to the table. 2012 may be a year of unexpected recovery.

Great time to add another fee to those taking out mortgages then.

Why?

My tongue was planted firmly in my cheek, referring to the new fee in the payroll extension that dings folks getting or renewing mortgages.

 

[High_Gravity]

Who said anything about unemployment for life?