If You Want to Know How Badly Our Economy Sucks Right Now

You can find out by this fact: The Electric Boat shipyard in Groton, CT is adding 650 jobs to its workforce. That was national news. It was the second or third story on NPR during the news update last night on All Things Considered. Normally you would not hear about that level of hiring on a national broadcast; you'd have to read the local papers to find out about it. But these are not normal times.

I hope EB has the staff to read all of the resumes it will get. I worked for a smallish manufacturing company during the `91 recession; they placed a blind help-wanted ad for a single production line mechanic. For that one opening, they got over 300 resumes. That was a baby recession compared to this one. EB may get over half-a-million resumes from around the nation.

Meanwhile, NPR is cutting 64 jobs, not filling an additional 21 open positions (85 total) and cutting two shows, for a 7% work force reduction.