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Posted

Sure does and it's bound to get a lot worse, courtesy of the people who see their "interest as being the same as the national interest".

 

Real unemployment is above 13% although less in Washington state. My wife was laid off and hasn't seen a single opening that fits in a week In her mid-50's, it means almost surely the end of her professional career. No need to elaborate how she feels about it.

Posted

I was at one of our customers today who is closing soon. Shutting down a plant that has under 200 employees. Then there will be triple that many other business employees affected as grinding, CNC, abrasive suppliers, aluminum sales etc etc companies lose this business. Rumor is Intel Hillsboro may be gone as well with a lot of those jobs going to China. Don't know about that other than the rumor, but the guy who tossed that also nailed the other company closing as well. For those affected by all this, it will be painful no doubt. As the economy shrinks, it will trickle down to many others who have never suspected they will be affected.

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