Economy:Signs on the Ground
Anybody seen encouraging signs?. I am not referring to CNN/Fox kind of signs, but actual signs on the ground that we are living in slightly better times compared to, say one year back.
My 401k gained 28% this past year....
If you want only positive responses then, sure, the new year will be great.
Oh yes, much better. Last year, tons of children died of malnutrition and disease in Africa. This year I've had steak every night of the week!
21 billion new Mc Jobs have been added. Isn't that groovy?
I was telling everybody that things had finally turned around, then this morning the paper has 4 stories in the biz section about companies laying people off.
When you're in the auto parts business, cold weather and a poor economy mean people buy lots of parts. This has been one of our best years ever!
I started my business in April 2001 and this is the best I've seen it since late 1999.
(a) IRA, 401K, and other investments: Aggregate: Up 38% for the year 2003. Still doesn't make up for the 2000/2001/2002 losses, but it's well on it's way at this point.
I was out of work for 18 months before finding employment this year. Not sure if that is more a commentary about the economy or me tho.
Almost ditto. I was out of work for 15 months. I got a job a few months ago.
>>>My 401k gained 28% this past year....
I was able to get a job recently at a company that bought out it's biggest competitor (which was bigger than the company doing the buying). Even considering the merger, the company was profitable that year. They did US $12million worth of business in the last 12 months and in a 10 day span in dec signed US $4mill for the first part of '04 (in addition to any already arranged and those yet to come). Word from the CEO is that they plan to continue hiring in this year and hope to keep on track for a 10year plan of expansion which is, by most employee's estimation), aggressive/optimistic. All these things combine to make me hopeful for '04, economically.
I'd say IT employment prospects in the UK are improving markedly. I've had three phone calls within a week from agencies without me even looking for a job. This is about the same as I got for the whole of last year !
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