Third Anniversary Of Black Wednesday At Black Rock
This morning I noticed something on the Yahoo homepage, an article titled, Nine Reasons Why The Economy Is Not Getting Better.
The only good thing is, as I knew already, I’m not alone in my present “work situation”.
The number of workers taking part-time jobs because of the slack economy, a kind of stealth underemployment, has doubled in this recession to about 9 million, or 5.8 percent of the workforce. Add those whose hours have been cut to those who cannot find a full-time job, and the total of unemployed and underemployed rises to 16.5 percent, putting the number of involuntarily idle workers in the range of an overwhelming 25 million.
There’s much more to the article, if you want to get depressed or if you are lucky enough to be gainfully employed and don’t think it can happen to you.
That’s what I thought three years ago yesterday when CBS Broadcasting went through it’s first of several downsizings, Black Wednesday At Black Rock.
I fully expected to work for CBS until I retired.
The economy had other ideas, and this mind you was three years ago before we saw the economy going south or as Ross Perot says, that sucking sound started.
Thank God for my sense of humor, believe me, it’s what keeps me going.