Posts tagged with: furlough

Big job losses in Chicago

I call Chicago home. So it pains me to see so many people losing their jobs in the city I love.

According to a story in the Chicago Tribune, the Chicago area lost 185,900 jobs last year. In May, the Chicago area saw its unemployment rate hit 10.7 percent.

I’ve seen it firsthand. At the publishing company where I work, the higher-ups fired about 65 percent of our staff. And every time I go to a family party or a friend’s house, I hear about or meet someone who’s lost their job.

I’ve seen people, too, who’ve had to go on forced unpaid furloughs. An engineering friend of mine has to take 10 days off without pay before the summer ends.

Are things getting better? I don’t see it. Is there anything you can do to keep your job? I have no idea. My only advice is this: Keep your resume’ circulating, even if you hold a steady job. You want fallback options in this terrible economy and job market.