What Happened to Job Security?

Tuesday, April 21, 2009

Employers view wages as variable expenses. They do not hesitate to cut workers during tough times if it helps the bottom line. Employees can be eliminated and rehired at a later time as needed. There are no guarantees for future employment. The job you go to today may not be there tomorrow. Jobs are scarce and there is a gross oversupply of qualified applicants for the few open positions. Your occupational future is not in your control. Job security no longer exists.

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