Is the Southern California Job Market REALLY that bad? (salons, closing)

[user_id]

Originally Posted by yoyoma02

The weirdest thing happened to me yesterday... I was offered a promotion at my current job.

I'd take the promotion, Los Angeles is not the land of milk and honey.

[gypsy456]

good luck... you have experience in the field that is downsizing at the moment.
take the advice and run with it, I'd say :-)

[Lycanmaster]

There are jobs out there, but the competition for those jobs is SUPER fierce!!! It's totally an employer's market these days so they have the luxury to be really picky these days...

There are getting really strict on the technical/skills requirements that prospective applicants should have, and if they don't find anyone with a perfect match-up, they'll just keep waiting it out till they do. And of course they will offer a below-average salary for the job as well (which could easily be another huge thread in itself).

At least I received and accepte a job offer in San Diego for a very nice salary starting in mid-August. Although the commute is going to be hell, so I may have to relocate there, or rent a room from a relative's place near there.

[Lycanmaster]

Originally Posted by laviachi

The job market is bad -- probably an unemployment rate of 20% including the entertainment industry. I know many individuals with degrees and strong backgrounds including tech industry types who have been out of work for over a year or more. LA is not a place to come without a job in this environment. If anything, people are considering leaving LA for brighter job prospects.

That's been my experience and impression as well...

[Lycanmaster]

Originally Posted by killer2021

its very bad. I don't know how anyone can say its easy to find a job when the unemployment rate is 12%. The real unemployment rate is around 25%. 10k out here will last you 6 months, if that.

Quoted for truth...

[Charles]

Job prospects in Los Angeles dim, survey says | Money & Company | Los Angeles Times

[JustStoppingBy]

It really does depend on your background - some areas you will most likely find a job - from my own experience: everyone was saying that California didn't offer opportunities, to check other places, etc. But I went with my instinct. I did phone interviews (from MA where I live) but no offers only temp or travel agencies made offered. The interviewers at solid companies all said "oh if you were here we could discuss further". Sooooo... I scheduled face interviews with a few companies, I booked a flight for 2 weeks and rented a room in a home to where I wanted to eventually relocate. You may not believe this but I was offered 3 positions out of 4 interviews. The fourth one offered only 4-6 hours a week (the rest were full-time). After I left, I was called in for 2 more interviews but I was all ready back at that point. Both companies asked me to call them if I was to be in L.A. again. I turned down 2 of the 3 BUT one of them asked me to keep her number in case I wanted more hours somewhere else or if later on I found it wasn't working out for me at job # 1. So don't get discouraged. But yes plan accordingly, go armed with a solid resume, try to schedule interviews from your location now if possible and make them close to the place where you plan (or would like) to move to, don't look or sound desperate, be flexible, somewhat layed back but energetic if that makes sense. Don't give up some companies take 1-2 weeks to get back to you. (try to do job searches on Craigslist, careerbuilder, hotjobs, monster, etc see if your background is in demand. As for me, I am packing I move in a few weeks! So best of luck!

[yoyoma02]

Quote:
Originally Posted by killer2021
its very bad. I don't know how anyone can say its easy to find a job when the unemployment rate is 12%. The real unemployment rate is around 25%. 10k out here will last you 6 months, if that.

So, basically you're saying there is a 75% employment rate. 3 out or 4 people are working? I'll take those odds...

[DowntownVentura]

Originally Posted by Charles

Job prospects in Los Angeles dim, survey says | Money & Company | Los Angeles Times

That is one messed up story. I can't tell if the author has an agenda or is just really bad at statistics. Based on the title, I would say the former.

Here is a snippet from the article

About 11% of companies in the Los Angeles-Long Beach-Santa Ana metro area plan to hire more employees between July and September, according to the Manpower Employment Outlook Survey, while 13% plan to decrease staff levels.

The survey says the net employment outlook is -2%,

Another

In California, 17% of companies surveyed said they’d hire more employees, while 12% would reduce their payrolls, leading to a net employment increase of 5%

There are no conclusions that can be drawn on net employment with the gathered statistics.

There is a bit of good news as the article said the number of government jobs will be cut.

[FLIGHTSIMMER]

yes it is really bad, it is worse than the rest of the nation, and not going to get better anytime soon. The state government is completely broke and trying to find new fees(taxes) to raise more money, this state is in a downward spiral, you really don't want to be here, i wish I could leave, but good luck selling a house now.