HOME DEPOT TO HIRE 70,000
This is the headline blaring across the Marketwatch website at this moment. WOW!!!! This is absolutely fantastic news. This surely heralds an amazing jobs recovery. RIGHT?
Not Quite. The article goes on to describe the hiring of 70,000 “seasonal workers”. That is still good news, but someone with critical thinking skills might ask – don’t they do this every year? The article conveniently leaves out how many seasonal workers were hired last year.
After two minutes of research I found out they hired 70,000 seasonal workers last year too.
So, they’ve increased their seasonal hiring by exactly 0% over last year. No wonder the MSM feels the need to have a massive headline with this information.
Do you think someone is trying to spin our dire economic situation just a little? I get more revolted by the day at what passes for journalism in this country.
(Reuters) – Home Depot (HD.N) said it plans to recruit more than 70,000 seasonal workers for the key spring selling season, in line with its hiring last year.
Last February, the No. 1 home improvement chain had outlined plans to hire 60,000 seasonal workers for the period. But it eventually ended up hiring about 70,000, according to the company.
“Spring is always our busiest selling season, so the hiring number typically doesn’t fluctuate significantly from year to year,” Home Depot spokesman Stephen Holmes said.
“We’re getting the word out about a month earlier (this year) so we have more time to recruit, screen and hire.”
Dragline says:
HD is down today — guess they should have announced 70,000 layoffs instead.
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12th January 2012 at 1:49 pm
Nonanonymous says:
It worked for McDonalds, stock soared. But then McD’s takes a beating now and then, but always comes back swinging.
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12th January 2012 at 2:07 pm
Nonanonymous says:
Home Depot is working very hard to improve their image.
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12th January 2012 at 2:08 pm
Mary Malone says:
We have zombie banks, and now zombie media.
Back in the day, the little jerk who wrote this headline woulda been fired. Or, assigned to the obit beat.
Today, he gets a corner office and a byline.
A free and honest press is cornerstone of a free republic. The people populating the media are dishonest drones. They, along with Congress who voted for NDAA should all be arrested for treason.
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12th January 2012 at 2:18 pm
card802 says:
Last year Home Depot also fired full time managers, then rehired them adding to their “new hire” count as part time so they didn’t owe benefits. Anything less than 32 hours a week is considered part time.
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12th January 2012 at 3:40 pm
KaD says:
Is it any wonder we can’t get the truth? The Department of Homeland Security is monitoring journalists: http://www.collapsenet.com/free-resources/collapsenet-public-access/must-see-videos/item/6010-us-dhs-monitoring-journalists
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12th January 2012 at 7:32 pm
sensetti says:
Its just a matter of time before Home Depot goes the way a Sears
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12th January 2012 at 11:39 pm
sensetti says:
70.000 What ?
Really dont ask they dont know
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12th January 2012 at 11:44 pm
sensetti says:
http://pophangover.com/images/home-depot-sucks-1.jpg
Do you have any brains in your head man?
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12th January 2012 at 11:47 pm
sensetti says:
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12th January 2012 at 11:49 pm
sensetti says:
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12th January 2012 at 11:51 pm
Administrator says:
sensetti
My buddy, the real estate manager at IKEA, had worked for Home Depot for 5 years. Upper management described the hiring of people in the stores as “Filling Aprons”.
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12th January 2012 at 7:42 am
KaD says:
24 Statistics To Show To Anyone Who Believes That America Has A Bright Economic Future
#1 Inflation is a silent tax that steals wealth from all of us. We continue to shell out increasing amounts of money for the basic things that we need, and yet our incomes are not keeping pace. Just check out the following example. Gasoline prices have been trending higher for several years in a row as one blogger recently noted….
January 2009 $1.65
January 2010 $2.57
January 2011 $3.04
January 2012 $3.29
#2 If you can believe it, the average American household spent approximately $4,155 on gasoline during 2011.
#3 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.
#4 Health care costs continue to rise at a very alarming pace. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.
#5 Getting a college education has also become insanely expensive in America. After adjusting for inflation, U.S. college students are borrowing about twice as much money as they did a decade ago.
#6 To get the same purchasing power that you got out of $20.00 back in 1970 you would have to have more than $116 today.
#7 To get the same purchasing power that you got out of $20.00 back in 1913 you would have to have more than $457 today.
#8 There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added more than 30 million extra people to the population since then.
#9 The U.S. economy is bleeding millions of good jobs. Greedy CEOs are systematically shipping them overseas and our politicians are standing around and doing nothing about it. This has gone on year after year after year.
#10 Our economic infrastructure is being torn apart right in front of our eyes. In 2010, an average of 23 manufacturing facilities a day shut down in the United States. Overall, more than 56,000 manufacturing facilities in the United States have shut down since 2001.
#11 As a result of our insane economic policies, our trade balances are absolutely exploding. For example, the U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.
#12 As you read this, there are millions of Americans out there wondering why they can’t find any jobs. According to Reuters, 23.7 million American workers are either unemployed or underemployed right now.
#13 The number of good jobs has been steadily shrinking in America. Since the year 2000, the United States has lost 10% of its middle class jobs. In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.
#14 Over the last three decades, the percentage of low income jobs has consistently risen. Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.
#15 The number of middle class neighborhoods also continues to decline. In 1970, 65 percent of all Americans lived in “middle class neighborhoods”. By 2007, only 44 percent of all Americans lived in “middle class neighborhoods”.
#16 A decade ago, the United States was ranked number one in average wealth per adult. By 2010, the United States had fallen to seventh.
#17 Our incomes continue to go down. Since December 2007, median household income in the United States has declined by a total of 6.8% once you account for inflation.
#18 Unfortunately, middle class Americans have been seeing their incomes decline for a very long time. According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.
#19 Since 1971, consumer debt in the United States has increased by a whopping 1700%. Unfortunately, U.S. consumers have still not learned how to stay out of debt. According to a recent article posted on Financial Armageddon, the rate of personal savings in the United States is rapidly falling right now at the same time that the total amount of consumer credit is absolutely skyrocketing.
#20 The number of children living in poverty in America keeps rising year after year. The percentage of children living in poverty in the United States increased from 16.9 percent in 2006 to nearly 22 percent in 2010.
#21 The number of Americans on food stamps continues to set new all-time records.
#22 The U.S. debt problem has gotten completely and totally out of control. Recently, the debt of the federal government surpassed 100% of GDP for the first time ever.
#23 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.
#24 Barack Obama’s proposed 2012 budget projects that the national debt will rise to 26 trillion dollars a decade from now. And his budget numbers are ridiculously optimistic.
Are you starting to get the picture?
Almost every generation in history has been faced with great challenges and great hardships at some point.
Yes, there will be some incredibly hard times ahead, but that also means that there will be a need for some great heroes.
Just because the U.S. economy is falling apart does not mean that life is over.
We are living during one of the most exciting times in all of human history. Instead of cowering in fear, let us embrace these times and focus on becoming the people that we were created to be.
http://theeconomiccollapseblog.com/archives/24-statistics-to-show-to-anyone-who-believes-that-america-has-a-bright-economic-future
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12th January 2012 at 12:12 pm