You’ve probably heard it said that you can’t time the stock market. And those who…
John Borrowman, CPC
Borrowman Baker, LLC
Gallatin, TN
If you were on the phone with me, that would be one of your first questions. And understandable given the current uncertainty. Maybe you’ve just been keeping your head down and now you’re curious. Let tell you what I see.
There was a point in late March or early April when hiring (and so many other things) seemed to s-l-o-w d-o-w-n. That persisted through mid- to late-June, and the spigot started opening in early July. We’ll have to wait and see if we get back to the pace of 2018/2019. In the meantime, we should be happy with the upturn.
We can’t overlook casualties in both furloughs and layoffs. In time, some will return to BV. Others will move on.
A BV and Lit Support career has an unusual job safety mechanism that kicks in around the three-year experience mark. Think about it. Can you imagine someone coming in from outside and operating at that level? The supply of your competitors shrinks. You don’t have to be an econ major to know what happens to your value. In the early years of a career, any increase shows up more in job security than in compensation.
How’s the market? Pretty good, all things considered, and likely to get better. If you’d like to talk about your personal situation, click here to schedule a call.
John Borrowman
