I believe many people believe "the grass is always greener on the other side of the fence"; however, for many people that is not always the case. In today's edition of the USA Today Money section there is a sobering article about job loss during the current economic environment. What all employees need to understand, the article clearly illustrates today's job market.
For those who have realistic job options without US Airways I salute you. For those who do not and continue to resist restructuring agreements, you may want to closely read the following article. For brevity I cut and pasted the beginning portion of the column, but the whole article can be read at
http://www.usatoday.com/money/economy/empl...-relocate_x.htm.
Job hunters pull up roots
By Stephanie Armour
WASHINGTON (USA TODAY) - In August of last year, Elizabeth Davis lost her job handling event planning for Sun Microsystems.
Everything else followed.
She could no longer afford her apartment in the trendy North Beach district of San Francisco. The job market was so bad her friends were forced to survive on unemployment, but Davis couldn't get by on that little. So, after seven years in California, Davis packed up and left.
"It still breaks my heart," says Davis, 33, who drove cross-country in December with her cat, Spartacus, to take a government job in Rockville, Md. She now works in Alexandria, Va., doing event planning. "I knew in order to live, I had to move."
As the economy continues to struggle, employees in hard-hit areas are uprooting their lives in hopes of finding a stronger financial future elsewhere. They're facing agonizing decisions — in some cases selling homes they've just remodeled, pulling children from schools and moving even though they don't yet have jobs lined up.
It's a marked shift from a few years ago, when the robust economy had employees feeling emboldened enough to turn down relocation requests. Now, workers in cities with rising unemployment and frenzied job competition are facing tough decisions.
Nearly 20% of companies with 5,000 or more workers say the number of employees declining to relocate decreased in 2001 from the year before, according to a poll by Evansville, Ind.-based Atlas Van Lines. Only 10% saw an increase.
And the number of people who said they moved from another state because they lost a job or were looking for a job increased 11% in 2000-01 from 1999-2000, according to Census Bureau data. However, the number is lower than in the mid-1990s.
"People are having to move even after they've only been in a home six months. The economy, it's really forcing people to move," says Naima Sumner, a real estate agent at eRealty in Dallas. "There can be frustration in the beginning, and it puts stress on the family."
This current economic slowdown hasn't caused widespread population shifts like those seen in other downturns. But at the local level, thousands of jobs — and residents — are leaving areas such as Austin, where "For Sale" signs have cropped up like weeds. They're leaving areas such as Seattle, a boom-bust city where the unemployment rate has climbed. And they're moving from areas such as Minneapolis; San Jose, Calif.; and St. Louis, which formerly had drawn newcomers.