So do I, fluff! The whole PREMISE of 1706 is that neither you nor your clients will EVER know that the consultancy you're CLAIMING to be operating is "legitimate" for a given tax year is that the IRS didn't audit and "redeclare" your income for that year, and there's no way you can get a determination IN ADVANCE. The very threat that at any time you COULD be found to be making an infraction of 1706 is generally enough to keep the bulk of potential clients from working with you. Now it's mostly applicable in the "computer" portion of the field, it more or less rules out consulting on software or computer hardware, if you're an EE and you're commercially viable this applies to most but certainly not all of the readers here. But if you think you've gotten through a year or two sand booked some income in the computer field and the IRS doesn't have you in its sights, think again!!!
I'm over 60 and I had to move to Germany to find work. Germany is desperate for good engineers and all the stuff you're hearing about unemployment in the EU applies to those with degrees in Gender Studies.
I find comments like this absolutely frustrating. I have never networked in my life, and all of my jobs since the beginning of my career until now were via job boards, or ads, including the one I got at the height of the recession and currently hold now. Everyone touts networking as the best thing since sliced bread, but it has never worked for me. My advice is to look long and hard, tailor your resume to the ad so as to get around the software and send the resumes out. Something will come up.
As it has ever been since the beginning of time, everything hinges on networking. If you want to become a consultant, your client base is your personal contacts, just as if you're looking for a fulltime job.
I haven't figured the value of Monster, I truly haven't.
I was relocated to a new city, then laid off. I didn't know anyone there, so I had to start networking from scratch. I made a lot of good contacts but discovered quickly that my age was a serious handicap. I had much more success online. My last 2 jobs were obtained via online applications and LinkedIn networking.
Those of us with gray hair need to 1)wow them on the phone and online so they want you before they see how old you are, and 2)be flexible about relocating.
I was laid off in a re-organization. New dumbed-down positions were created. I applied and was rejected without even a screening. This after excellent reviews and commendations. My conclusion: HR and its systems are incompetent.
One important thing to be aware of is that, at least in southeastern Michigan, nobody even wants to talk to an unemployed engineer. After a lot of discussion, one headhunter let that slip. So I formed my own engineering firm and hired myself as an engineer, and immediately started getting responses to my postings. Unfortunately few of the jobs were a good fit, and the ones that were a good match were out of state, and I am unwilling to move. But it certainly did bring out the sad truth about the jobs situation. The other problem is that there are dozens of "wanabe" headhunters who re-post jobs posted by others, in hope of some reward. So one job opening can produce 20 or more different postings, which eventually turn out to be the same position already investigated.
BUT now my own company has started producing enough work that I would no longer be available for most of the posted positions. So I have a good result, although very little of my work is what I had originally planned on.
So, let me see if I understand, Bob...you went through all the trouble getting an MSEE, and then getting a professional engineer's license in your state. THen you got laid off for one reason or another and you EXPECT that, since you have a degree and license, someone OWES you a job, and you are BITTER because you have been out of work for a while. Maybe your work experience is not valuable to the jobs that you are applying for? Maybe your field is too narrow? Maybe, even with that fancy degree/license, you really didn't accomplish much as an engineer? Becuase I've hired dozens of EE's in my career and I don't hire them because they have a degree or license, I hire them based on their experience and skills! Maybe that's lacking in your case, and now you are just the bitter, angry, frustrated old man...sitting in your chair complaining at every chance!