Reply to: Jobserve seems hellishly slow these days

[OwlHoot]

This is not really a recession at all. It is the payback after years of binge borrowing. And why did that binge borrowing happen? Becuase the country is uncompetitive and cannot support its standard of living.
So what you call a change for the worse is really just a reminder of the underlying reality that was there all along and which the politicians have covered up.
.

WHS

I've been arguing for years that this country's economy is (was?) like a large leaky hot air balloon, and NewLab's redistributionary policies have been equivalent to cranking the taps up and up until now the fuel is practically gone and the balloon has started plummeting ...

[sasguru]

Or is there, underneath the recession, a change for the worse that will never get better? I suspect that there is.

This is not really a recession at all. It is the payback after years of binge borrowing. And why did that binge borrowing happen? Becuase the country is uncompetitive and cannot support its standard of living.
So what you call a change for the worse is really just a reminder of the underlying reality that was there all along and which the politicians have covered up.
.

[zamzummim]

Oh my Lord, I just got my renewal confirmed in writing, the renewal is for another 6 months, I am happy, but wonder if they’ll actually need me for the whole 6 months… whatever! for now am celebrating. The rate hasn't changed, same as the last 6 months only its below what I am used to earning, but as they are paying me per hour, I think I will give myself a rate increase by adding extra hours here and there

[OwlHoot]

There will probably be a "double dip" in October (historically when things go wrong in the stock market) and swine flu with knock 3% off GDP.

I don't wish to sound callous and all that, but if a couple of million people keel over from swine flu that would probably benefit the economy longer term.

[expat]

There is, and it is called paranoia.

You can either listen to it, and it will come true, or stamp on it every time you see it and it won't come true.




Unless it is right, of course. What do your voices say?

They say it's not looking good this time.

[zamzummim]

Oh yes, another reason for last recession was Bush/Blair's mission to find the fictional WOMD !!

[orac]

Double Dip and Swine Flu

There will probably be a "double dip" in October (historically when things go wrong in the stock market) and swine flu with knock 3% off GDP.

[RichardCranium]

Talking about Jobserve, it's out for the count now

Do try and keep up at the back.

[OwlHoot]

Talking about Jobserve, it's out for the count now:

The website is currently unavailable whilst we carry out essential maintenance.

Who'd plan essential maintenance at 1pm on a tuesday?

[zamzummim]

Last IT recession started at turn of millenium and hit a trough in June 2003 i.e. 2.5 years from peak to trough. This time, the stock market started to plunge from August 2007 with IT jobs treading water until January 2008 and then taking a plunge. It looks like (according to jobstats.co.uk) it hit the trough about a month ago, so this appears to have lasted 1.5 years from peak to trough. The last recession came off the back of the dotcom collapse and the millenium bug work completing so it would make sense that the last one should be worse. Here's hoping.

Telecom was hit badly too, can't remember why, but many telecom people were out of work and lots of well known telecom companies closed down

[RichardCranium]

Or is there, underneath the recession, a change for the worse that will never get better? I suspect that there is.

There is, and it is called paranoia.

You can either listen to it, and it will come true, or stamp on it every time you see it and it won't come true.




Unless it is right, of course. What do your voices say?

[expat]

Anyone remembers how long the last recession lasted?

Remember it? I was still trying to recover from it.

Yeah. I was recovering from it OK when I got divorced. Then I was recovering from that when this recession came.

My real doubt is, am I going to recover from this one? Or is there, underneath the recession, a change for the worse that will never get better? I suspect that there is.

[RichardCranium]

The website is currently unavailable whilst we carry out essential maintenance.

We apologise for any inconvenience this may cause.

That's better!

[mace]

IT recessions

Yes Jobserver is extremely slow today - I gave up on it.

I do hope its a technical issue and not really the load of people looking - my contract may end in a couple of weeks (awaiting renew/terminate decision at the moment)

However, at this time of the year, its always been slow.

Anyone remembers how long the last recession lasted? I think it was around 18 months... but suppose it depends on when you believe the actual recession has started, anyone can think of a recession start sign?? To me it was the Lehman collapse and HBOS merger.

Last IT recession started at turn of millenium and hit a trough in June 2003 i.e. 2.5 years from peak to trough. This time, the stock market started to plunge from August 2007 with IT jobs treading water until January 2008 and then taking a plunge. It looks like (according to jobstats.co.uk) it hit the trough about a month ago, so this appears to have lasted 1.5 years from peak to trough. The last recession came off the back of the dotcom collapse and the millenium bug work completing so it would make sense that the last one should be worse. Here's hoping.

[RichardCranium]

Anyone remembers how long the last recession lasted?

Remember it? I was still trying to recover from it.