When 500 thousand feels like 500 million
By Chris Martin on February 6, 2009 at 11:00 AM in Current Affairs, Unemployment
I’ve heard bigger word stumbles than Pelosi’s mistake. But perhaps if we approached our current economic situation as if we were losing 500 million jobs, there’d be a more determined sense of urgency.
I’m sure you all have your own similar stories, but I wanted to share a recent experience. I recently went to a “job fair” in good-sized city to see what was available.
As I was walking to the place where the “job fair” was happening, I encountered a very pleasant man in about his mid-40s. We got into a conversation about the “job fair” and his circumstances. He’d been employed forever until recently, but couldn’t find a job since he’d lost his previous one. He was trying everywhere and was more than willing to dramatically lower his standards.
He told me a story about how he had worked on a resume at his friend’s house and his friend emailed it to him. The friend jokingly titled the resume “bonehead’s resume” so when my new acquaintance forwarded on his resume to several people, that was the title of the file. Definitely a boneheaded, perhaps a little careless move. Unfortunately, that move no doubt cost him at least a chance to have his resume looked at. So here he was now, walking with me to this “job fair.”
We go to the line and one thing struck us both: the age demographic of the other people in line. I’ve been to job fairs in the past. Heck, I’ve even helped organize several myself. In my experience, there are always some, how shall I put this, more experienced people looking for a late life career change. But the general audience is younger folk, relatively new to the job market. Not so this day. Half the people in the line looked to be over fifty. As I looked at this crowd of well-dressed 40-50-60 year olds, one thing came to my mind: how can I compete with someone who has 20-30 years of experience on me? And also: why are so many people that should be getting ready for retirement looking for jobs?
With these thoughts in mind, I entered the “job fair” itself. To the disgust of many there–and you could see it in their faces–this was exactly that, a job fair. Most of the companies there were advertising entry level jobs, many temporary or part-time. Here were thousands of people, many with decades of work experience being asked to wait in line an hour to beg for a low-paying job. One young female–a recent engineering grad–asked about jobs in her field but was told there wasn’t anything like that available. That’s the story in today’s market: there are either no jobs available or dozens of people with more experience than you.
In a job market like we have today, folks are holding on to their jobs for dear life. Some people I know have cleared out the email inboxes and tied up loose ends in the full expectation that they will be let go any day despite 20 years in the same company.
Some people I know have been forced to lose their vacation time and sick leave for the next year, signing it away in contract, because failing to do so may cost them their job.
Some people I know, in jobs barely paying enough to live off in the first place, have been forced to take pay cuts.
The poor unfortunate souls who are without jobs are forced to scour job postings and get out a cover letter and resume the instant a new job is announced lest they end up behind a thousand other cover letter and resumes because they waited two hours more to check the announcement boards than 999 other people.
When I look at the human aspect–the uncertainty, the misery, the fear–of the current economic climate, I’d rather Nancy Pelosi and other pols attack the job situation with the urgency of 500 million job losses rather than 500 thousand. As I see the hurt in the faces of people who want to work and have worked their entire lives, 500 thousand job losses really feels like 500 million.






















