Skip to main content

View Diary: Two million jobless Americans face their own fiscal cliff if unemployment benefits expire (112 comments)

Comment Preferences

  •  I was one of these people until recently (7+ / 0-)

    Throughout the 90s and aughts, I was doing IT work on a contract basis.  When the economy was good, it was rarely more than a couple of weeks from the end of one contract to the beginning of the next.

    When the financial sector crashed the economy, things began to change.  The contract I was on in 2009 ended at the end of January 2010.  I didn't get another until a 3-month stint in March.  The next one came in August after a three month layoff, lasted another three months.

    And then - nothing - for nearly two years.  The kind of corporations that used to hire local consultants started moving that work to India, Russia and Israel.  Only financial services companies were doing well enough to continue hiring Americans.

    The worst part: my wife and I bought a house in 2009 which almost doubled our monthly expenses.

    I'm lucky enough that my wife's job (with the State of New Jersey) was very stable over this period of time.  I went through the usual six months of UI compensation, and the two federally funded extensions.  But over the first six months of 2012 I was only bringing in what I could get from the odd temp job here and there.  We were going through our savings like water.

    The story has a good ending.  In August I got a contract-to-hire gig, and impressed my employers enough that they hired me permanently last month.  I'm 57 years old, and may never have to send out resumes again.

    Close your eyes, stop your ears Close your mouth and take it slow Let others take the lead and you bring up the rear And later you can say you didn't know

    by njheathen on Mon Nov 12, 2012 at 02:57:11 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site