50,000 + Job Lay Off.

The situation is getting dire. I think the world economy is getting worse and is very less likely to be restored in the coming few years. One of the most scary thing that come along with the recession is the massive retrenchment. It's going on in my area too. Hopefully I could secure my job until the economy is back to normal again. Therefore, working on extra income, aside from your day time job is very important. It will ensure you have extra savings, and skills in case we are being laid off. Being competitive by acquiring additional skills should be our utmost priority. Good luck and have a nice day!

I have very often thought that there is a way to make a living without having to depend on a job if only you could find it. I've been without a job many times in my life and unless you start your own business or vend or cook something and sell it or drive a taxi it seems that's it for you. I had an uncle who kept chickens in his back yard another relative who rented out the rooms in their house and I once got a vendors license and sold sandwiches downtown Port of Spain. Its hard but its best you think of a way because this depression is not going to stop now. I might add, if you believe in it, as I do, that prayer works.

I know what you mean Chevee. My father has been laid off for almost two months now. He works at a plant (he is also a part of a union) that makes parts for cars. My dad is praying that they pass the auto bailout or else there is no hope that he will be called back. It's just getting down right scary now..if something doesn't happen with our economy soon a large majority of this country will be wallowing in poverty.

This is a very worrying time for everyone in all countries. Even my husbands work is laying people off, but luckly his job is safe. The only thing we have to worry about is that he will not be getting a christmas bonus this year as the firm haven't done very well. Sad as we were going to use it to buy a lot of the christmas gifts and we will have to rob Peter to pay Paul in a very bad way, just like everyone else is having to do

Hi Chevee, Are there such thing as unemployement benefits in your country? there muct be, we have the system here and the goverment give us money to live on and also they pay for our rent I don't have to worry about that because I have my own home and paid for in a few months anyway. The goverment pay for these things if you can't aford it, but allthose people, I hope your goverment would something about all this. Its is scarey. Hugs. Tamara

I'm sorry to hear that. Cheer up! Never lose your encourage. You may accept a job which the pay is lower than your previous job. It is a temporary choice.

I do not know what your present job is,in the plant, but the jobs that will still be there will be less well paying, I am sure. I am in that way since I was non renewed on my contract. But you know what, I am healthier, with fewer aches and pains, and I sleep better. What enabled us to survive is that hubby took is Social Security early. He continues to work, and he scaled back to a less stressful job, but gets more hours. His commute, and my commute were eliminated, before the gas prices went up, so we were making less money, but living better.Jobs in the service and support fields will always be there, they do not pay a heck of a lot, but they are jobs that have meaning, and make me feel like I am doing something valuable with my life. Is there some way you can get some retraining?

yes it us everywhere. it is making me scared very much a swell. the recession is going very bad. i do not know why financial institutions created this problem by lending in real estate to people who had no ability to pay back.

I write this reluctantly because with folks losing their jobs more and more each day, it is getting worse instead of better. And this being a worldwide thing there? things are just getting worse. And sadly, that is the time when these online "get your money quick while you can" schemes work the best sadly. on top of that, there is no middle class here any longer.

yeah the situation is getting bad and worse. this is real bad news for 50000 families and they will have to take the pain. i feel sorry for them. lets hope things change for the better in the near future.

Oh, cheer up!Remember this, I would rather light a candal than complain about the darkness. Just keep moving! Tomorrow is another day!

There is no real answer to this crisis at hand. All we can do is just Keep our faith and trust in God that His recession will soon be gone and every job will be restored and more jobs are opened up. The only kind of jobs that we can be secure in are federal jobs. We just have to keep on top of out toes while keeping an eye on the economy. No worries. im trying not to let this scare me. Im a strong believer In God, And I believe that everything will get better.

Im from the uk and things are the same here and its getting worse by the day! Im lucky and still have a job but for how long? I cant help you but wish you the best of luck!

I would imagine that most everyone has a worry or two about losing their job at some point, but in recent times I've seen a lot of cutbacks in businesses and thousands of people being laid off, especially here in America. I think that this is a result of a variety of causes, but I've noticed that one of the main ones is that many of the jobs are being outsourced overseas. I realize that businesses are trying to cut down their overhead and make as much profit as possible, but at the sake of crumbling their local economy? A large portion of the call center/customer service reps are located in India, and when you dial the "Toll Free" numbers 9 out of 10 times you end up talking to someone in a different country. Not that there's anything wrong with it, but it is taking jobs away from local people who are being hurt by the recession. I would have to say that local licensing would be the best bet. If you are computer literate, get an A+ license. If you are technically/mechanically inclined, get an electrical/plumber's license or something similar. If you already have a little money put aside then that wouldn't be too difficult and only takes a few weeks or months to do. The A+ certification would open up a ton of doors for you. Beyond that, all I would say is keep yourself open to relocation and keep your resume up to date and out there for staffing services to be able to look at. Monster.com or similar websites are great at finding jobs locally and across the US. Hope any of this helps.

i tell u what things are bad. i didn't want to quit work when i was forced to due to healt problems & wouldstill be fixing hair if i could. to get out & try to find a job at my age would be quite scary. i feel sorry for you & everyone who is losing their job. i hope something comes up for u. jus remember where their's a will their is a way. good luck.