A production accountant job at animation company Digital Doman drew Erinn Alberts and her family from New Hampshire to Port St. Lucie, Fla. But Erinn's supposed dream job soon turned into a nightmare, according to West Palm News Channel 5.
Erinn, along with husband Aaron and their three children, sold all their furniture and set off on a 1,400 mile, 30 hour drive last week. They left their old life behind for a $46,000-a-year position for Erinn at Digital Domain's Tradition Studios. But before the family even arrived at their new home, Erinn's job -- and those of 280 other employees at the company's offices in Port St. Lucie -- had disappeared. The couple heard the news from their real estate agent as they approached the outskirts of the Florida town.
Only 20 employees remain at Digital Domain's Florida office, which according to the Palm Beach Post had been undone by prolonged losses and a "death-spiral" loan of $30 million dollars. The Academy-Award winning animation studio responsible for the visual wizardry in "Titanic" and "Transformers" lost $111 million in the first half of 2012, according to the Sarasota Herald Tribune.
Bad news for Digital Domain was even worse news for the Alberts. With only $200 left to their name, Aaron and Erinn still haven't found work, according to West Palm News. For now, the couple is continuing their job search and hoping local resources will guide them through the tough time.
Treasure Coast Food Bank in Fort Pierce is treating Digital Domain's mass layoffs as if they were a natural disaster, according to WJNO, and will assist ex-employees with groceries.
"Our hearts go out to the families who have been with this company for years," Aaron Alberts told West Palm News. "I know Digital Domain is still going strong in some parts of the world. I hope they hear this, and know they kind of left a couple stranded."
Aaron said that anyone with potential hiring opportunities can contact him at email@example.com.
Also On HuffPost, Check out 10 ways things are getting worse for most American workers:
Workers are not reaping the gains of their extra productivity.
Worker productivity grew 11 times more quickly than worker pay between 1979 and 2011: While <a href="http://stateofworkingamerica.org/fact-sheets/key-findings/" target="_blank">worker productivity rose 69 percent</a>, median hourly compensation rose just 6.5 percent, according to the Economic Policy Institute. [Chart credit: <a href="http://stateofworkingamerica.org/chart/swa-wages-figure-4u-change-total-economy/" target="_hplink">Economic Policy Institute</a>]
CEO pay has skyrocketed.
Maybe it's time to consider your CEO's massive pay package as a cut out of your own paycheck. <a href="http://stateofworkingamerica.org/wages/" target="_hplink">CEO pay is more than 200 times</a> that of a typical worker, up from 30 times that of a typical worker in the late 1970s, according to the Economic Policy Institute.
There aren't enough jobs.
At its current rate of job creation, the U.S. will not return to its pre-recession unemployment rate of around 5 percent before 2020, according to the Economic Policy Institute.
Job growth was slow even before the recession.
From the Economic Policy Institute: "The business cycle from 2000-2007 is the weakest full business cycle on record for job creation, due to the fact that demand was insufficient to drive overall GDP gains that were robust enough to generate strong job growth." It appears that the middle class squeeze has hurt job creation and economic growth.
We are poorer than we could be.
Households in the middle fifth of income distribution would have been making $18,897 more per year as of 2007 if their incomes had grown as quickly as overall average incomes between 1979 and 2007, according to the Economic Policy Institute. (The sizable income growth for top earners since 1979 skewed the overall average.)
The rich have captured most income growth.
The top one percent captured 60 percent of total income growth between 1979 and 2007, while the bottom 90 percent was left with just 9 percent of the total, according to the Economic Policy Institute. Moreover, the top one percent's incomes rose 241 percent, in contrast to 11 percent growth for the bottom fifth and 19 percent growth for the middle fifth. [Chart credit: <a href="http://stateofworkingamerica.org/chart/swa-income-figure-2a-real-median-family/" target="_hplink">Economic Policy Institute</a>]
Wages have grown more quickly for the rich.
Wages for the top one percent spiked 131 percent between 1979 and 2010, while wages for the bottom 90 percent of workers rose just 15 percent over that same period, according to the Economic Policy Institute. [Chart credit: <a href="http://stateofworkingamerica.org/chart/swa-wages-figure-4h-change-real-annual-wages/" target="_hplink">Economic Policy Institute</a>]
The poorest Americans are earning less than in 1979.
Americans in the bottom tenth of the wage distribution earned less last year than the lowest earners did in 1979, accounting for inflation, according to the Economic Policy Institute. Meanwhile, the real wages of the median worker rose only 6 percent between 1979 and 2011.
The American Dream is eroding.
"Families headed by early baby boomers (born between 1945-1954) are the last generation (on average) to achieve higher living standards than the one that preceded them," the Economic Policy Institute says. Among families with incomes below $28,000 in 1994, less than 1 percent made it to the top fifth of incomes 10 years later, according to the Economic Policy Institute.
This has been a lost decade.
On average, hourly pay has not grown at all since 2002 for workers with a college degree or with only a high school degree, according to the Economic Policy Institute. Wages have not grown for college graduates in nearly every occupation, and college graduates in the 70th income percentile or lower have had stagnant or falling wages since 2000. [Chart credit: <a href="http://stateofworkingamerica.org/chart/swa-wages-figure-4a-change-total-economy/" target="_hplink">Economic Policy Institute</a>]