Honestly Mike, I think it has much to do with what industry a person is in. Some industries are thriving and others are shrinking. I’ll give you some examples from personal experince.
I know multiple people and some friends, who are flipping homes and just had the best ever since being in realestate.
I have a relative who is working in the gun manufacturing industry and they have multiple shifts going with overtime, if they want it, with no site of layoffs and are hiring.
I have a sibling who got layed off from being in management in the retail industry last year. He looked for a job for 3 months, found another job being a ditrict manager in the retail maintenance business (overseeing flooring and other contracted maintenance items that are taken care of for big retail chains by contract employees) and the company is growing, paying bonuses, provides a company car, laptop, meal allowence and cell phone.
A major layoff went on where I currently work( IT Healthecare) where they layed off half the staff. Almost a year later most have have found new jobs in the same field, and some ended up getting better jobs than what they had. The only ones that I know of that didn’t get a job are the ones who are riding out their unemployment and I see them logged into facebook posting daily B.S. threads all week long, becasue they have too much time on their hands. I always see them complaining they can’t find a job, and yet, when anyone asks how they have all this time on their hands talking about the new game they are trying to “beat”, and why they haven’t found work when most have, their excuse is they must be unlucky. :banghead
I know guys who are in computer repair and/or IT consulting busines who either got layed off from IT jobs or have had their businesses for a while and they tell me they are thriving, with record year profits. They say they are busier now than ever and NEED to hire. Reason is, most people are not buying new computers and just repairing. They are also busy with small and med sized businesses showing them how to cut costs and impliment technology to make their businesses more efficient.
I haven’t heard of any doctors, nurses or hospital staff being layed off and work OT all the time.
My electrician is busier than ever.
I don’t doubt those numbers posted in the artcle at all, but it all depends on the industry and skills the individuals have and are in.