Do you think recession is going to effect you ?

Canada
September 29, 2011 10:40am CST
Many time we heard that economy is in recession and it is real hard to have same life style. In childhood we dont care about it as our parents are shield for us, but when starting practical life and going to work and start earning and saving.... than we know the real meaning of recession. word recession itself makes people shake. Are you worried about recession ? have you ever felt hardship due to recession ? please share your views. Thanks
1 response
• United States
29 Sep 11
Have we felt it, we've been living it for over a year. My husband had to leave one job due to bad working conditions, (when labor boards says you have to leave and they will take the job to court for you, you know it's bad!). He left and found another job rather quickly, that job downsized, laid him off, then two months later folded up all together. He got another job in a completely different field (when he left first job he went back to school and has been working and doing college both full time) the job paid lower then what we are used to but it was experience and money right? Well that to closed up business no longer around. Now the new Job with a national company (hoped that would be safer) just laid off 1200 people and being the lowest on the pole he is gone again. It is not that he is a bad worker or anything we are doing but the jobs are literally dieing out around here. The employers know people are out of work and desperate so wages have dropped quite a bit in the area so much so that the state is looking into it and it has been in our papers. It's scary.