TODAY Money expert and msnbc.com senior writer Allison Linn chatted live with TODAYshow.com readers on Thursday afternoon about the job outlook for 2011.
Here are two questions from the sessi0n and the complete archive.
Ruth asks: I work as an EA in Silicon Valley for a private equity firm. I am used to seeing salaries and bonuses increase every year. Although it seems like the salaries have come down dramatically. Do you see that improving in the coming year?
Allison: As the economy improves, I do think we will see employers give small wage increases or increase hours before hiring new employees. In the end, employers don't want to lose their best workers. Still, I don't think we're going to see big raises or major bonuses for a while, because companies are still pretty nervous.
Miguel asks: Aany word on what kind of jobs will be created? While I can see some jobs opening up, most of them are for low-end, high-turnover retail or restaurant work.
Allison: It's definitely true that even as employers start hiring, they are offering temp jobs or entry-level type work, more to kind of dip their toe in than to commit to major hiring. However, we do hope to see more full-time, benefits-included jobs in the coming year.
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On the show today at the end of the 10:00 hour the segment covered small changes to spiff up the house etc. What I caught and can not find on the site is the contact information for starting up a dream or business through asking for help and others sponsoring your quest. In 2007 The economy caused me to close my tanning and Hair salon. ALL my equipment is in my basement. I want but can not afford to reopen due to the cost of set up and advertising. I had just spent thousands to relocate within the strip mall where the salon was originally hidden. I went into the medical field as a nursing assistant 2 with my EMT basic to pay the bills but while positioning a patient strained my back and now have been waiting for surgery almost a year. Please guide me to find help.
I at the minimum need to sell the equipment so I can pay living expenses as being without income for months has not been good on the nerves but my credit at this time also has not been ruined.