Can yall tell me if it's as bad as the media is portraying? I have a family member that wants to move here from SC due to job loss, and I told him I would ask yall if the job market is really better off than what the news is stating. I heard that North Carolina is one of the worst ten places to get a job. Is that a rumor, or does anyone have any document to back this nubmer. Also, if you do get laid off, have yall been finding new work? I would appreciate any response.
You might try the Job Networking Thread that has been created recently due to the spike in job issues. http://www.4042.com/4042forums/forumdisplay.php?f=45
I find that hard to believe, but no, I don't have anything to back up my thoughts. But I've always heard the opposite...
Shoot, all you have to do is go to any eating establishment and you will see all kinds of Help Wanted signs. You just have to want to do that kind of work. But if times are rough, a job is a job!.
I think you meant highest unemployment rate. Depending on if you count the District of Columbia, we have either the 6th or 7th highest unemployment rate. Link is from December http://money.cnn.com/pf/features/lists/state_unemployment/
It really depends on the field of work they're in, as for being one of the 10 worst, careerbuilder.com stated a couple weeks ago that NC was the 8th worst State to find a job, I would think that would be based on their job database.
http://www.newsobserver.com/business/story/1387793.html The unemployment rate in Raleigh, Durham, Cary and vicinity rose to 7 percent in December (2008 ), the highest in more than two decades, as the global economic meltdown continues to batter the region. http://www.careerbuilder.com/Article/CB-1109-Job-Search-15-Worst-States-to-Find-Work/ While many factors come into play as reason why you might not be landing a job -- the economy being the No. 1 reason to speak of -- one thing job seekers often don't think of as being a cause is the state they live in. State unemployment rates play a huge role in whether or not you are likely to find work; the higher the unemployment rate, the more difficult it is to find a job. With today's national unemployment rate at a dismal 7.2 percent, there aren't many states with unemployment rates much less than that. The latest numbers from the Bureau of Labor Statistics* showed six states recording rates of 9 percent or more. Overall, 10 states had significantly higher jobless rates than the average and 18 had similar rates. Michigan recorded the highest unemployment rate at 10.6 percent, followed closely by Rhode Island at 10.0 percent. 8. North Carolina ... 8.7 percent December 2007: 4.7 percent Over-the-year rate change: 4.0 percent Mean annual salary: $36,900
Sorry folks, that is what I meant. He's in the worst possible field, construction. He's still convinced that he can get more work here than SC.
Thanks Wayne. I can't believe NC is in the top ten for jobless rates. My question is, how do all these new folks afford to buy these beautiful houses? Were almost as bad as Michigan.
Well I was working in the Plumbing field and was let go from my job today.... Lack of work. The construction industry is really feeling the recession because with banks not lending money and people losing jobs, it's a no win scene. :banghead::banghead::banghead::banghead::banghead::banghead:
http://www.wral.com/business/story/4118925/ North Carolina’s legislation to help homeowners has received much praise nationally, and the number of properties in the state being foreclosed decreased to 2,793 last month, down from more than 3,000 in October. That’s one per every 1,443 homes, according to RealtyTrac statistics. North Carolina, the 10th-ranked state in terms of population, ranked 31st in the foreclosure rankings. Creditors took over 1,527 properties. Another 537 owners were notified that their properties were involved in repossession, and a further 729 received notices of default. The number of default notices declined by more than 400 from October. However, the decline from a year ago in North Carolina and the drop nationally is likely to be a brief respite at best, RealtyTrac warned. "We're going to have a pretty significant spike in January," said Rick Sharga, RealtyTrac's vice president for marketing. Plus, as job losses mount, "Increases in foreclosure activity follow that pretty directly."
Man, that sucks. Have you thought about starting your own plumbing business? Maybe this was a blessing in diguise?
Join the club! Not trying to be mean, but WE (in the construction industry) have all been hit by it! (the economy) Realtors, Lending Companies, Home Inspection, Security, Surrouond Sound, Central Vac, painters, trim guys, roofers, sheetrockers, electricains, laborers, etc ... AND the BUILDER! They carry WAY more debt that WE do. In some situations they have to buy a certain amount of lots in subdivions (5 or more - like Chadbourne) and that's a pretty dag gone steep interest payment AND the land payment. I can't EVEN imagine the payment they have to make ... OK SORRY, ranting.. it's late ... I'm sorry you lost your job today, I REALLY AM!!! But sometimes you gotta grab yourself up by your bootstraps and .... move on. Suck it up. That's what we are doing. Can you EVEN imagine a builder owing you almost 10K? (that's ME) I have over 17K in payments that are OWED TO Me with all of my customers combined. (reminder almost 10K for ONE) Anyway, sometimes you (not YOU) have to take EXTREME measures to stay in your home, pay your bills, etc ... to survive now. Sorry to be the bearer of bad news, but it's ONLY going to get worse! <rant over> :cheers: thank god for Miller Lites :ack: Someone beer me!
Yeah, I hate to break it to you Dad, but construction isn't that great around here either. My hubby's a GC, and it's looking pretty grim these days. Last year he built $300K and up houses, now he's happy if he gets a garage to build! Everyone is either getting laid off, going out of business completely, or just getting by these days. In other news, he went to an economic forum for Joco last week, and the only 2 employment areas that were looking bright these days were health and education. Not sure if that was the whole state or just our area, but I think it was the whole state...So those of you out of work might want to look into those fields.