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Old 07-18-2009, 11:18 AM
actuwait actuwait is offline
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Default Will the job market get better?

Will the job market get better? We may be in a shrinking economy and the jobs may not come back.
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Old 07-18-2009, 01:19 PM
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Financial world is hard....
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Old 07-18-2009, 07:23 PM
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No. The world changed last October. The people at the top of the food chain finally realized that it's now time to save money.
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Old 07-18-2009, 07:39 PM
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I bet things will get better eventually, but I seriously doubt it'll be soon enough to make things easy for us at the entry-level. That doesn't mean I'm going to just roll over, though.
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Old 07-18-2009, 10:52 PM
Fujiwara Fujiwara is offline
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If you mean will it go back to the way hiring was prior to the recession, no. Will it be better? Yes, but not as well as you may think.
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Old 07-18-2009, 10:59 PM
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Originally Posted by Novus View Post
I bet things will get better eventually, but I seriously doubt it'll be soon enough to make things easy for us at the entry-level. That doesn't mean I'm going to just roll over, though.
With the bubble economic methodology of Bruce, look for things only to get worse, regardless of what the economy does.
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Old 07-19-2009, 10:19 AM
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In the long-term I think we can expect the job market to be as good as it was. However, economists are predicting US unemployment to be above 10% and rising for the next two years. With things that bad in the general workforce, I don't think actuarial work is going to look much different.

A lot of people are saying the bleak jobs outlook means people should consider another profession. I think that's crap, though: what field is experiencing low unemployment and high demand right now? Mining operations in Montana, from what I hear, and that's about it. No thanks. We've got to just hang in there, keep racking up exams so that when the economy bounces back, we're in a good position to get the jobs that come along.

However, I'd say: take heart, and count your blessings. Everybody's circumstances are different, but if your fridge is full and your bills are all paid, your life is good, and you really have nothing to complain about.
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Old 07-19-2009, 10:53 AM
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Quote:
Originally Posted by actuwait View Post
Will the job market get better? We may be in a shrinking economy and the jobs may not come back.
I bet the job market will be even better than ever before at some point in the future. Whether that will be in your lifetime, who knows.
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Old 07-19-2009, 11:19 PM
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I sincerely hope it will come back as soon as possible. I always wanted to venture myself in actuarial career, however, looking at the current situation, I start wondering my dream will ever comes true
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Old 07-20-2009, 02:25 AM
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I sincerely hope it will come back as soon as possible. I always wanted to venture myself in actuarial career, however, looking at the current situation, I start wondering my dream will ever comes true

Pray your dream will come true, but live like it won't
__________________
Spoiler:
* * * * * *
"No one remembers 5K and I wrote a nice poem for the occassion. No one remember's 10k. No one will remember 20k either." - Sir Post-A-Lot

"One of the ordinary modes, by which tyrants accomplish their purposes without resistance, is, by disarming the people, and making it an offense to keep arms."
-- Constitutional scholar and Supreme Court Justice Joseph Story, 1840

"The problem with socialism is you eventually run out of other peoples' money." -- Margaret Thatcher

"Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master." -- George Washington

"Caca pasa" - Anonymous
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