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It's the economy, stupid.


I WAS A PROJECT MANAGER FOR A GLOBAL ELECTRONIC manufacturing company for three years. I have an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
. I was laid off 13 months ago. The company dissolved dis·solve  
v. dis·solved, dis·solv·ing, dis·solves

v.tr.
1. To cause to pass into solution: dissolve salt in water.

2.
 into bankruptcy five months later. I have religiously followed the recommendations outlined in this article ["How To Compete Effectively in a Tough Job Market," February 2004] since before I was laid off.

I started a business, which is still currently operating. I worked for a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
. This job has since ended. I volunteer my time as a campaign staff coordinator for a friend who is running for office. I have taught myself web design and learned several software programs. And yes, I am still unemployed! Not only am I still unemployed, I haven't even gotten interviews for management or non-management jobs. Employers are unwilling to interview people they feel are overqualified o·ver·qual·i·fied  
adj.
Educated or skilled beyond what is necessary or desired for a particular job.


overqualified
Adjective

having more professional or academic qualifications than are required for a job
 for positions and with productivity at record highs, employers see no need.

I think your roundtable participants have done a disservice dis·ser·vice  
n.
A harmful action; an injury.


disservice
Noun

a harmful action

Noun 1.
 to many talented and educated professionals by stating that the best people don't get laid off. This is a foolhardy fool·har·dy  
adj. fool·har·di·er, fool·har·di·est
Unwisely bold or venturesome; rash. See Synonyms at reckless.



[Middle English folhardi, from Old French fol hardi :
 and ignorant statement given this economic environment. Also, simply saying the most talented will always find work, and that if you haven't done so, you have yourself to blame, is unacceptable!

Your roundtable doesn't discuss the fundamental shifts in our economy that are here to stay. IT, technology and manufacturing jobs are leaving our country by the thousands, maybe millions. Corporate financial scandals are still continuing virtually unchecked (i.e. Enron, WorldCom, and mutual fund companies).

Add to this the almost nonexistent non·ex·is·tence  
n.
1. The condition of not existing.

2. Something that does not exist.



non
 job creation in the current economic recovery. In December, only 1,000 jobs were added nationwide. Figures for November were revised from 57,000 to 43,000. Most of the job creation is in the service sector--typically hourly, low-wage jobs that are replacing high-salaried jobs. If this is not enough, employers don't have to hire anyone with productivity at a record 8.2%! They can overwork overwork

the condition produced by working a draft animal or working dog, an eventing or endurance horse too hard. See also exhaustion.
 the employees they have without fear of employee backlash. We, as talented professionals, are in for the longest haul of our lives.

Your roundtable should have discussed these issues and outlined recommendations on how to navigate them. Your basic formula worked for our economic environment before the recession started in March 2001. This isn't the same economic environment; it's a fundamental shift in our economy.

Samatha Gano Schwing

Winter Garden, FL

Schwingsg@aol.com
COPYRIGHT 2004 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Schwing, Samatha Gano
Publication:Black Enterprise
Article Type:Letter to the Editor
Date:May 1, 2004
Words:402
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