at what point do you start applying for 'survivor' jobs?

[preCRT]

More & more companies in my field are laying off now, not hiring. The few nibbles I had ended when they instituted hiring freezes. Long ago trimmed every expense I could; still got several weeks left of EUC.

When do you start applying for survivor jobs?

 

[Colt45]

When you start getting hungry?

 

[Mo0o]

At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

 

[Reckoner]

Swallow your pride and flip burgers until you find something.

 

[paulney]

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

 

[Mo0o]

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

 

[Special K]

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

 

[Mo0o]

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

lower than raking up credit card debt because you cant pay bills. Plus theres grants and scholarships

 

[Zugzwang152]

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

Credit unions may offer rates much better than those.

 

[Special K]

Originally posted by: Zugzwang152

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

Credit unions may offer rates much better than those.

True - private student loans which are usually tied to an index such as LIBOR or the Prime rate could very well be cheaper than fixed rate Stafford and GradPlus loans right now, although the Fed will have to raise interest rates sooner or later.

 

[IEC]

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

My federal loans are at 5% fixed right now and my private loans (ugh) range from 3.5%-4.0%. Student debt is a heckuva lot cheaper than CC debt.

 

[JS80]

Originally posted by: Spartan Niner

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

My federal loans are at 5% fixed right now and my private loans (ugh) range from 3.5%-4.0%. Student debt is a heckuva lot cheaper than CC debt.

My student loans are at 1.625%.

 

[JEDI]

Originally posted by: preCRT
More & more companies in my field are laying off now, not hiring. The few nibbles I had ended when they instituted hiring freezes. Long ago trimmed every expense I could; still got several weeks left of EUC.

When do you start applying for survivor jobs?

when your unemployment runs out.

why work for near minimum wage when the govt pays you almost the same amount every week?

 

[Jumpem]

Find a girl to marry. Get jobs in two completely different fields, at different companies. That way the chances of ever ending up with zero income are pretty slim.

 

[bignateyk]

Originally posted by: JEDI

Originally posted by: preCRT
More & more companies in my field are laying off now, not hiring. The few nibbles I had ended when they instituted hiring freezes. Long ago trimmed every expense I could; still got several weeks left of EUC.

When do you start applying for survivor jobs?

when your unemployment runs out.

why work for near minimum wage when the govt pays you almost the same amount every week?

Theres a difference between unemployment and welfare. The government isn't paying your unemployment, YOU ARE. I have no problem with people milking unemployment for as long as possible. Although I would rather not pay into it and just save for it on my own, but if I am paying into it, I am damn sure gonna use it if I get laid off.

Welfare, on the other hand, disgusts me.

 

[aircooled]

My sister just took a job at a convenience store (previously she was a medical unit clerk).

 

[IEC]

Originally posted by: JS80

Originally posted by: Spartan Niner

My federal loans are at 5% fixed right now and my private loans (ugh) range from 3.5%-4.0%. Student debt is a heckuva lot cheaper than CC debt.

My student loans are at 1.625%.

I'm still in school 🙁

If I consolidate I imagine it'll be lower.

Edit: But only for another three weeks. Take that suckers! 😛

 

[Special K]

Originally posted by: JS80

Originally posted by: Spartan Niner

Originally posted by: Special K

Originally posted by: Mo0o

Originally posted by: paulney

Originally posted by: Mo0o
At least get some part time work going so you have some kind of cash flow. Also a great time to go back to school to ride it out

I am always amazed by statements like this. How do you 'ride it out' in school, if you have absolutely no income at all? How is that better than any job you could have working full time?

You qualify for low interest student loans, something you'd never get outside of school. You're increasing your marketability for future employers.

"low interest"? ROFL, 6.8% fixed (Stafford) and 8.5% fixed (GradPlus) hardly qualifies as "low interest".

My federal loans are at 5% fixed right now and my private loans (ugh) range from 3.5%-4.0%. Student debt is a heckuva lot cheaper than CC debt.

My student loans are at 1.625%.

All Stafford loans issued after July 2006 are fixed rate according to this schedule:

link

Loans issued before July 2006 were tied to the 91-day Tbill yield, and could be converted to a fixed rate by consolidation. Anyone fortunate enough to consolidate in 2005 received a rate of ~2.85%. You also get a discount of 0.25% for auto bank debit each month, and another 1% discount for the first 36 (or was it 48?) on time payments. That's how mine work, and that also explains how you got it down to 1.625%.

Unfortunately that deal has been dead since July 2006.

 

[Special K]

Originally posted by: Jumpem
Find a girl to marry. Get jobs in two completely different fields, at different companies. That way the chances of ever ending up with zero income are pretty slim.

I like this idea. Diversification of income - similar to diversification of a portfolio 😉

 

[Special K]

Originally posted by: Spartan Niner

Originally posted by: JS80

Originally posted by: Spartan Niner

My federal loans are at 5% fixed right now and my private loans (ugh) range from 3.5%-4.0%. Student debt is a heckuva lot cheaper than CC debt.

My student loans are at 1.625%.

I'm still in school 🙁

If I consolidate I imagine it'll be lower.

Edit: But only for another three weeks. Take that suckers! 😛

It's doubtful - see my post right below yours. Only loans taken out prior to July 2006 were variable rate and could be locked in at a low interest rate by consolidating.

I suppose you could consolidate variable rate private loans into a fixed rate loan, but they typically add a margin to the new percentage - they don't just take the average of your existing loans and round up to the nearest .25%, as they used to do with the variable rate Stafford loans.

 

[IGBT]

they're dumping employees due to the dismal tide of punitive income and energy taxes our Dear Leader says will be needed to grow his government.

 

[preCRT]

Originally posted by: JEDI

Originally posted by: preCRT
More & more companies in my field are laying off now, not hiring. The few nibbles I had ended when they instituted hiring freezes. Long ago trimmed every expense I could; still got several weeks left of EUC.

When do you start applying for survivor jobs?

when your unemployment runs out.

why work for near minimum wage when the govt pays you almost the same amount every week?

My weekly unemployment benefit is well above minimum wage, thank goodness.

 

[preCRT]

Originally posted by: Jumpem
Find a girl to marry. Get jobs in two completely different fields, at different companies. That way the chances of ever ending up with zero income are pretty slim.

Although my state allows to women to marry, I don't swing that way.
Marrying a guy for his money wouldn't be a career choice, don't see myself as a gold digger or whore. Shouldn't love be the first choice, not his portfolio?

 

[imported_Imp]

It only took me two and a half months of failed job searching initially. Instead of flipping burgers, I went into temp clerical stuff because I already have experience from when I was still in highschool/college.

Finished my last contract two weeks ago, and I'm about to die from boredom. I've applied to a bunch of places last week, moreso that I have in the past few months, but I'm going to stop bullshitting myself. Unless I get lucky or blow someone, I'm going to have to ride this thing out. So, going to call my temp manager this week, get a couple month contract, and start enrolling in courses related to what I want to do. Don't want to go back fulltime for school.

 

[Red Squirrel]

Start a small business in a field that interests you and that you think there's demand for. I may be wrong, but I would guess in this economy the government is probably doing everything to help small businesses, so maybe they're giving out grants and stuff. I'm just assuming though, so I could be totally wrong on that part.

Right now if I was to get laid off I'd probably start a small webhosting company. I want to do that anyway, but I just don't have time due to work, but if I was laid off that would be a different story, and I'd be up and running within a few months.