Dare I put this in P&R ? (Full Version)

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LanceHughes -> Dare I put this in P&R ? (1/20/2012 10:34:51 PM)

Two recent incidents have led me to believe the recession is showing signs of cracking - NOT wide open, mind you, but cracks are showing.

First incident is governmental - As some know, Lance now works for the Feds.  Couple o'three times this past week, job postings have shown up in my e-mail.  Most Fed jobs are filled from within and public never sees the postings.  When bottom tier needs to be filled, the job announcements hardly get posted before snatched up.  Usually by state-run "we'll help you find a job" kinda places.

2nd incident: A friend-of-a-friend stopped in at a local (Denver) Sheraton hotel and asked for an application.  The response?  "Go on-line and fill out the application there since we are now hiring for quite a few positions."

What do y'all make of that?  Maybe the first is Obama using Gov't funds to make unemployment go down so that he can say, "See.... more jobs than ever."  On the other hand, how can Obama influence, say ....... the Sheraton Hotel chain?  [NO consipracy theories allowed, 'K?]





edited to fix teeny, tiny typo






tazzygirl -> RE: Dare I put this in P&R ? (1/20/2012 10:57:20 PM)

Being as you are in Denver, is it coming into tourist season? That could explain the hiring.




LanceHughes -> RE: Dare I put this in P&R ? (1/20/2012 11:06:22 PM)

Not really.  Federal positions are not seasonally sensitive.  Hotels have not been hiring at all for last 2-3 years.  Besides, Denver is pretty much season-proof.  That is, we get year-round tourism.  Skiing starts around Thanksgiving - maybe even a little earlier.  Goes through most of April depending on snow-pack, so if anything, we're at peak of skiing, not gearing up for it.  Summer tourism?  Always has been big.  Now, the moutain communities have lots of summer activities.




Owner59 -> RE: Dare I put this in P&R ? (1/21/2012 12:34:09 AM)

The existing home inventory is finally going down, after years of absorbing tens of thousands of foreclosed homes which drove down home prices and killed the new home industry.

This is good news.




erieangel -> RE: Dare I put this in P&R ? (1/21/2012 12:42:12 AM)

The agency I work for--a tax support non-profit that provides community mental health care--recently posted 2 jobs for mobile psych rehabilitation workers.  I applied for both.  I interviewed for the first, but didn't get it.  The second, I wasn't even invited for an interview, but my boss, who is on the hiring committee for that department, told me I was second choice.  Corbett had given mental health treatment huge cuts in his last budget and next year's budget is expected to bring even tougher cuts.  But the economy is up and the agency got a huge donation, allowing for the new hires.

BTW, I'm going to keep applying for different positions, eventually I'll get the promotion.




DarkSteven -> RE: Dare I put this in P&R ? (1/21/2012 2:26:23 AM)

tazzy, your assumption seems to be that the hotel business is expanding in the Denver area.  I suspect instead that the fixed number of hotels need a fixed number of people to run. I would assume that the reason that Sheraton is hiring is that their staff is quitting for better jobs.  I'd be curious to know what industry is expanding and hiring them.




LanceHughes -> Is the recession ending? (1/21/2012 7:37:09 AM)

quote:

ORIGINAL: DarkSteven
tazzy, your assumption seems to be that the hotel business is expanding in the Denver area.  I suspect instead that the fixed number of hotels need a fixed number of people to run. I would assume that the reason that Sheraton is hiring is that their staff is quitting for better jobs.  I'd be curious to know what industry is expanding and hiring them.

Well said, Steven.

I follow the "Cafe Society" in Westword (which is a local, freebie, independent newspaper.)  "Cafe Society" is a weekly coloum on "what's happening" in the restuatant industry in metro Denver.  "Year in review" column expressed (pleasant) shock at large number of openings planned - maybe that's where the hotel workers are going, y'know.  More personal, easier to advance, etc.  Pay might not be as high but it could be the reason.




tazzygirl -> RE: Dare I put this in P&R ? (1/21/2012 7:38:38 AM)


quote:

ORIGINAL: DarkSteven

tazzy, your assumption seems to be that the hotel business is expanding in the Denver area.  I suspect instead that the fixed number of hotels need a fixed number of people to run. I would assume that the reason that Sheraton is hiring is that their staff is quitting for better jobs.  I'd be curious to know what industry is expanding and hiring them.



No no no DS. I have worked tourist areas. Some are year round, some are seasonal, with lay offs and mass hiring happening.

I wasnt sure with Denver which is why I asked.




LanceHughes -> RE: Is the recession ending? (1/21/2012 7:42:59 AM)

Couple of public buildings are nearing completion - new building for Supreme Court of Colorado; new building for Colorado History Museum.  Private buildings almost always follow public.  <== Let's NOT debate the truth of this, okay?  I'll find link to study(ies.)




tazzygirl -> RE: Is the recession ending? (1/21/2012 7:48:08 AM)

~smirks

Prove it




LaTigresse -> RE: Dare I put this in P&R ? (1/21/2012 8:51:07 AM)

Iowa never really suffered what many other areas did. That doesn't mean there wasn't a downturn in the economy here, just not the dramatic bottom.

Housing prices dropped a bit. Less houses were selling more slowly. There were less help wanted adds for good paying jobs. Less new building projects. Although one of my clients, who is a local building contractor, has been busy the whole time.

Lately, I've seen houses selling, the prices increase a bit, and more jobs available. I've seen more new building projects. I've even read about a couple new big employers moving into the area.

We have no tourism to speak of but if things continue to improve in places like this, it will trickle to places that rely more heavily on disposable income.




MasterG2kTR -> RE: Dare I put this in P&R ? (1/21/2012 12:57:39 PM)

I get a lot of job listings directly thru my school. Many are postings that don't show up anywhere else in the public domain. In the last month I have been getting quite a few (and mind you, these are only postings that match my program) compared to the previous 12 months.

I am also getting a bit excited because I will be having an interview next week. The HR admin seems to be rather eager to meet with me, which makes it all the better. Hopefully we can come to agreeable terms.

So to answer Lance, yeah I think there may be at least some daylight shining at the end of this long tunnel.




Fellow -> RE: Dare I put this in P&R ? (1/22/2012 6:59:21 AM)

 We have to look at large scale indicators when make predictions about economy as a whole. It is very common for mainstream media to spin things based on small fluctuations in economic data. People seem to pick up the habit. Officially we are not in recession. The indicators show we may enter the recession very soon.
http://www.hussmanfunds.com/wmc/wmc120109.htm
"I've discussed the "positive surprises" argument (see When Positive Surprises are Surprisingly Meaningless ) and the negative implications of the European ISM, despite last month's uptick (see The Right Kind of Hope ) in other recent comments. Suffice it to say that broadly speaking, the recent "surprises" in the data reflect minor fluctuations within overall levels that remain fairly tepid, and more importantly, that remain clearly unfavorable as an ensemble"




SilverBoat -> RE: Dare I put this in P&R ? (1/22/2012 10:18:00 AM)

What's been interesting, around here anyway, is the amount of commercial construction that's been underway all along. Apparently, money to expand business hasn't been in short supply at all. And the 'official' figures on the real-estate markets, I'd consider highly suspect. Even gauging by sites run for-the-banks-by-the-banks (like Realty-Track), there's at least 2-3 times the houses on the market that are being kept off the market by the banks, so that they won't depress prices.

That said, there's only so much 'wealth' that that financial moguls can gouge out of kiting securities garbage to each other. Sooner or later the fundamental day-to-day economic transactions can stabilize and make some progress if the bankers' fingers are kept out of the pie.

...




Iamsemisweet -> RE: Dare I put this in P&R ? (1/22/2012 11:07:55 AM)

I don't believe this is true. The banks are sitting on huge numbers of foreclosed homes, and have delayed foreclosing others because if their already existing inventory. The housing industry is going to be a non starter for years to come.
quote:

ORIGINAL: Owner59

The existing home inventory is finally going down, after years of absorbing tens of thousands of foreclosed homes which drove down home prices and killed the new home industry.

This is good news.




tazzygirl -> RE: Dare I put this in P&R ? (1/22/2012 12:27:44 PM)

2018 last I read.




Iamsemisweet -> RE: Dare I put this in P&R ? (1/22/2012 8:35:33 PM)

My secretary just quit because she found a better job. So, someone must be hiring. I know I am.




tazzygirl -> RE: Dare I put this in P&R ? (1/22/2012 8:37:00 PM)

lol thought we were talking about the housing market




Iamsemisweet -> RE: Dare I put this in P&R ? (1/22/2012 8:43:47 PM)

We were. But my county has 14% unemployment, so that is where I look to see if things are lightening up




tj444 -> RE: Dare I put this in P&R ? (1/22/2012 9:18:46 PM)

yeah,.. It would not surprise me at alll if there was a double dip, if you want to call it that.. Some areas will still do ok but many will struggle for years yet.. I dont expect housing to do all that much for the next 3 to 5 years or so..




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