We got another on-the-street glimpse of what a dying economy looks like today.
In Louisville, General Electric's Appliances & Lighting unit had 480 openings and planned to begin taking applications today, calculating that it would probably have enough online applications by Friday to find 480 people to hire for a planned expansion in February.
It shut down the application process today after 1 hour when it amassed 6,000 applications.
The jobs will pay about $13 an hour.
Bob, have you come across any detailed breakdowns of *what types* of jobs have been lost since 2008? I work for a large, multinational company specializing in HVAC, and we have 300+ open positions in the US, and have had at least that many openings for the last 2 years.
My guess is that the people applying for these $13/hr jobs have a high school degree, maybe an associate's. I'm not sure how we're going to get out of this any time soon.