We havent seen anything yet

We havent seen anything yet I am a realist. Not a pessimist or an optimist. Having said that, what we are experiencing right now is, most likely, just the tip of the iceberg. As I read thehundreds of daily articles now being written about job search, versus one or two articles that were written in early 2008, there is no new magic bullet for job search. Same steps, same hard work. But add the following to the mix: Thousands of people are more desperately competing for jobs Employers are taking their sweet time in hiring, if they are hiring These two mixed together have some negative outcomes, a decrease in salaries being offered. It is the law of supply and demand. And a longertime to find a new job. We cant change either. This situation is not new either, it is just that the quantities of people experiencing this phenomenon are greater. So, for job seekers who havent already heard it: Dont be greedy Cast a wider net Decrease your spending and re-adjustyour budget As all these unemployed workers become employed, they will be making less than they did before. Hopefully things will eventually turn around so they can leave that underpaid job and make more, but who knows when that will happen. They wont have money like they did before. They may have to take on second jobs. They will be frugal or worse, declare bankruptcy. This will put enormous stress on individuals and families. This is a realist perspective.