Weak job market

[BlasterBates]

Weak job market expected

hmm

Is next year the real begin of the "downturn" ?

[Sysman]

Weak job market expected

hmm

Is next year the real begin of the "downturn" ?

In the Autumn statement the chancellor quoted a figure of £5 billion as public sector efficiencies, this can be taken to suggest 100,000 jobs to be lost.

Posted by Robert Priday | 22.12.08, 08:57 GMT

Ouch.

[ace00]

Is next year the real begin of the "downturn" ?

Yep - when the post-Xmas results start coming in. Right now the tide is way out - but the "bankruptcy tsunami" is just over the horizon...

[Cyberman]

Look at it on the bright side. At least my mortgage will be zero !!

[BrilloPad]

Yep - when the post-Xmas results start coming in. Right now the tide is way out - but the "bankruptcy tsunami" is just over the horizon...

WHS

Its going to be a bad January. Lots of employers waiting until xmas over.

[Doggy Styles]

I know an archaeologist who has just been given the bullet. 7 days before Christmas. And one of her colleagues.

[Bumfluff]

Morgan Stanley employees got notice of there pay increases and bonuses last week, no pay increases for anyone and my ex was expecting at least £20k but bonus got £2k . I should feel sorry for my ex really but I don't she never believed me when I told her 'Banks show no loyalty so don't work you ass off just go contracting', so she worked her ass off and now has jack to show for it, god I hate being right

[Mich the Tester]

I know an archaeologist who has just been given the bullet. 7 days before Christmas. And one of her colleagues.

Hmmmm...I never really thought of archaeology as a cyclical industry.

[minestrone]

January is going to be brutal.

[AlfredJPruffock]

Morgan Stanley employees got notice of there pay increases and bonuses last week, no pay increases for anyone and my ex was expecting at least £20k but bonus got £2k . I should feel sorry for my ex really but I don't she never believed me when I told her 'Banks show no loyalty so don't work you ass off just go contracting', so she worked her ass off and now has jack to show for it, god I hate being right

Sorry to hear that - but your Ex displays as they used to say in the post Soviet Union 'The Old way of thinking' ie harder I work the more reward I am due - sorry that no longer applys - it seems that the new post-freemarket rule is - the more gigantic the screwup the more gigantic the payoff/bailout - if youre at the top that is.