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Is your job affected by the credit crunch and current economic conditions?

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Comments

  • dopester
    dopester Posts: 4,890 Forumite
    No, I have no fears about job security.
    I also don't think that anyone can be completely sure, but obviously some jobs are far less likely to 'go' than others. For instance, things will be really bad before the undertaker loses his income - most people find the job that an undertaker does to be very important to them when needed.

    Not entirely true. I can see the undertaker having to reduce their prices.

    Am I going to hell if I admit I'm holding off from having a grave-stone inscription done because I was quoted £550 and £490 from two firms a couple of months back?

    I realise I should just pay it - its heavily on my mind... but the person was a big money-saver themselves so I am sure they will understand and approve of my reasoning for why it will be cheaper in a few months time.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Not sure.
    HammersFan wrote: »
    !!!!!! would it make you happy if everyone lived their lives in a constant state of fear?

    Sorry for discussing facts rationally and not entering into the state of denial that many of you bulls seem to inhabit.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • No, I have no fears about job security.
    !!!!!!? wrote: »
    Sorry for discussing facts rationally and not entering into the state of denial that many of you bulls seem to inhabit.

    I'll have the first bit of that apology framed. You spoiled it with the part starting "for discussing........"
    18 May 2007 (start of Mortgage):
    Coventry Offset Mortgage £220800
    Offset Savings: £0
    Mortgage Balance: £220,800

    14 Jan 08
    Coventry Offest Mortgage: 219002
    Offset Savings: 28200
    Mortage Balance: £190802

    And still chucking every spare penny into it!
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    No, I have no fears about job security.
    HammersFan wrote: »
    I'll have the first bit of that apology framed. You spoiled it with the part starting "for discussing........"

    Did someone say !!!!!! has a nice little number with the local council?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • geoffky
    geoffky Posts: 6,835 Forumite
    No, I have no fears about job security.
    hammers fan you are not still in denial are you.i remember last year when you said to me in no uncertain way that there would be no housing crash and as for a recession forget it..

    oh how times have changed....education is a great thing....

    ps i have retired but my savings are taking a hell of a bashing..was getting 3k a month interest but not anywhere near that now.
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    I may be affected, but only if we go it all gets much worse than it is now.
    !!!!!!? wrote: »
    Yet a plurality of people who voted on the poll seem to think their job is safe.

    It might be for some but for a majority of people, no way. Even though most people will keep their job, to think it's safe is just not realistic.

    Could be more skool kids than even I imagined posting on here?;)
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Obukit
    Obukit Posts: 670 Forumite
    I may be affected, but only if we go it all gets much worse than it is now.
    Working in a budget hotel, things have been difficult. In a way we've gained because of people "dropping down" from 4*+ hotels, but equally our prices have been squeezed and we're now getting an average of 30% less per room, with less rooms sold as the "leisure" market drops.

    On the plus side, it's meant we've had to be a lot more resourceful, e.g. investing in alternative sources of revenue, and meeting people's higher expectations for their money. We've not hired for one person who left the company, using overtime to meet demand when required, but also raised pay for our best staff to retain them. I think we're fairly secure as in the end, our hotel is a £15m asset that will always need a similar number of staff to run (e.g. always have to have two people on a shift, have to be able to deal with reservations quickly etc.) but you never know at the moment.
  • I may be affected, but only if we go it all gets much worse than it is now.
    4 months ago left my job as a recruitment consultant in finance 'cos it was looking pretty shakey. Moved into public sector recruitment - which feels much healthier but had to take a substantial pay cut.

    OH is a self employed musician - pretty recession proof as he doesn't really earn anything.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I never bothered with a job since I sold my house. I had an income online and things were quite peachey with the interest adding to the STR fund untouched and the internet providing me with day to day money and expenses covered.

    Then suddenly the internet earnings halved ... and interest rates plummeted.

    I'm now down to being poor and thinking "OMG I should get a job!". Only as it wasn't on the plan in a serious way I'm now sat flabbergasted and not sure what type of jobs to target. Specialism takes time and interviews miles away, or dumb down the CV by adding more rubbish jobs from temping. Tricky.
  • SingleSue
    SingleSue Posts: 11,718 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm not working currently but I am looking.

    The places where there are jobs, I am unable to apply for even though I have years of experience and knowledge in that area but I am constrained by family duties, the area I am looking at working were all oversubscribed with applicants in the boom time and are even more so now in the tighter times.

    I must admit it must look a bit weird to have someone who has worked in one particular sector in an office suddenly changing tact completely to go into the education/child care sector and not office based...90% my work skills are completely non compatible with that area and is probably why I am struggling to get past the application form stage.
    We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
    Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.
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