Jobs, jobs and jobs ... Going, going gone

Discussion in 'Markets & Economies' started by CriticalSilver, Feb 2, 2012.

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  1. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    VIC government, Toyota, GM Holden, Mortein, Westpac, UBS says 4000 finance sector jobs to go

    Have we just hit the wall? I'm watching The Business on the ABC and it looks like Australian industries are collapsing!

    Except they did say Gold is going to over $2500 an ounce.

    I listened to the head of GM Holden today making the case for why the Australian government needs to keep up its $1.5B in annual subsidies. (what! That was the first I heard of that amount)

    This isn't looking good for Australia and the AUD has climbed to $1.07.

    Hello Julia, are you home?
     
  2. thatguy

    thatguy Active Member

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    please keep Julia away from our economy. I'm with Ron Paul when he was asked how he would handle the American economy if elected? Hands off that's how.

    The only thing governments know how to do is fuel bigger and bigger Booms and consequently bigger and bigger Busts! End result is a worse economy and massive debt! Please go to sleep Juliar and stay that way.

    Don't mess with the AUD either... wish it was $2.00USD
     
  3. Guest

    Guest Guest

    *giggles*

    Don't worry the mining/property sector and China will save us!
     
  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    So the big 2 states are feeling stressed hey? Good thing WA and QLD will bail out the rest of Australia as usual. Maybe Victorians and New South Cockroaches will learn that Australia is not just Melbourne or Sydney finally.
     
  5. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    I don't think there would be giggles if you were one of the 4000-odd Aus.
    You may have certain philosophy on how things are run but it isn't nice when someone loses their job due to reasons beyond their control.
     
  6. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    In situations like these, everyone pretty much feels powerless. I guess it is because everyone puts faith into 'getting a job' foregoing any personal power they may have had and handing over their labour to the capital machine, because after all, to the capitalist rationalist, people are only good for one thing - labour. If they could mechanise and automate the whole system, they would.

    One thing remains. You may be penniless or own a gold mine, but we're all made from the same stuff, bleed, cry have been born, live, die and suffer in between. We should be there for those who not only lose their income but for all other crises where we can.
     
  7. zurnaik

    zurnaik Member

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    This is the continuation of an ongoing trend that is not recent. Some examples from SA that come to mind:

    Mitsubishi, Bridgestone tyres, John West tuna cannery, Berri juice factory

    Australian manufacturing was already disappearing before today
     
  8. renovator

    renovator Well-Known Member

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    The best thing people can do is acquire different skills ...as many different skills as possible to broaden their chances of getting a job. You are limiting your job prospects by only knowing one thing

    There is only so many jobs in any particular field & when those jobs are filled then your out of luck . The more skills you have the better the chances of finding work .. Not to mention the things that you will be able to do for yourself & friends saving money or making a few extra dollars in the process.
     
  9. zurnaik

    zurnaik Member

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    Wow they should rename the car to the Communistdore
     
  10. Guest

    Guest Guest

    To be honest mate, I don't give a damn.

    The state of play is driven by the desire of the masses.

    It was all smiles, cheers and endless laughter when they were on the gravy train to riches in this country and they spat on people like me to issued warning after warning about not being prudent and living within your means.

    Now the chooks are coming home to roost, I'm somehow meant to feel sorry for them?

    You have got to be joking.

    If losing your job means you are up shit creek then tough, don't expect my sympathy and sure as hell don't ask me to bail you out.

    WE REAP WHAT WE SOW and for years this country has run on pure, arrogant IGNORANCE on how the economic cycles work.

    The 'Oh, china will save us' or the 'Oh, the mining sector will save us' or the 'Oh, IT'S DIFFERENT HERE' ideology is one for the stupid, mindless, consumerist SHEEP and now they're realising (all too late, like always) that's it's actually not the case at all.

    So no, I don't feel sorry for what's happening here at all, nor do I live in fear of what's to come. I already KNEW what's coming and have been busy making plans.

    I can lose my job tomorrow and still maintain my current lifestyle no problems because I made intelligent, restrained choices while the establishment mocked people like me and laughed.


    We absolutely reap what we sow NM and this decaying climate is something we deserve.

    To those that are about to burn, don't expect sympathy, you won't get it.
     
  11. realex

    realex New Member

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    +1 for auspm. Well said mate!
     
  12. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    That reads like that was the funding for GM Holden, but it isn't. It was the level of funding for the whole auto industry and the libs had raised the prospect that they might cut the funding by $500M, i.e. one third.

    I speculate the response from GM to sack a few hundred people and then go on a national media blitz that resulted in Julia Gillard saying last night "while ever the Labor Party is in power, we will be manufacturing cars in Australia" (roughly), was an obvious rebuke of Abbott and his fiscal policies while extorting a commitment for ongoing corporate welfare.

    Imagine someone on unemployment benefits popping off a few hundred people and then demanding the free money keeps coming or they're leaving the country!

    How absurd, although political reactions are not unexpected. In fact, I wouldn't be surprised if we see a commitment to increase the amount of welfare these vampire-zombie manufacturers get.

    Pay the carbon tax to give to the UN, GM, Ford and Toyota . . . It makes about as much sense if I stab myself in the abdomen with my car keys and start eating my own intestines.

    OK, time for lunch. Black pudding anyone? :lol:
     
  13. boston

    boston Active Member Silver Stacker

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    You have a certain way with words. :)
     
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    ^
     
  15. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    Unfortunately, employers require specialist skills. You don't become an engineer overnight. It takes planning and time. People in currently high paying jobs got there by specialising in their field (coal mining/ rail etc etc). To completely switch your direction is much easier said than done. I'v been in retail, computers, accounting, disability and mining and when you only just acquire the basics and go from one field to another, the income is never great. That being said, I'v never looked for work and come up short. If you wear a smile on your face and you're happy to have a go, most employers will at least give you a go. I was actually considering asphalting..seems like a good honest days work. I'd only have to do it one day a week for the current lifestyle I live haha.

    Cheerio
     
  16. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    I bet you were that kid in the corner that pointed and said "I told you so".
     
  17. errol43

    errol43 New Member Silver Stacker

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    Now I must admit that sometimes, I don't know whether I'm Arthur or Martha...


    Auspm ! What ARE YOU? AUSPAM or ATLAS????? :)


    Regards Errol 43
     
  18. lamp

    lamp New Member

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    It is getting scary hearing more and more news about companyies laying off staffs. The Europe arm of my company was first impacted last month, approx. 1500+ employees were cut. Was told that our Aus offices may soon also follow the foot path. I used to be quite picky and firmed about what I do and don't, had my performance review today and I pretty much told my superior that I will be willing to take up any tasks, not expecting any pay rise .... just for the sake of keeping myself longer in the job....sad but that's the reality!
     
  19. fishball

    fishball New Member Silver Stacker

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    Similar stories here, no real serious layoffs yet but it's only a matter of time. Everybody's being jittery and morale is pretty weak.

    Glad I don't have a mortgage or a family to support :p.

    You know shit's finally hit home when your co-workers who are usually oblivious to financial woes of the world start talking about Europe and layoffs.
     
  20. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Don't forget they also know how to:

    1)expand bureaucracy, introduce even more red tape to stifle any economic activity
    2)look after well-connected insiders
    3)elect to pay themselves more

    Be very careful what you wish for. While your nominal PPP (in USD terms) might increase, I doubt you'll want to see what it does to your economic quality of life.
     
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