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Recession, what recession...Isn't it great??
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Rampant, high inflation is the killer for those type of jobs...the salaries never keep up as they are reviewed annually.
UK isn't in that situation right now but my dad experienced it during the 70's...his uni salary just couldn't keep up with the rising cost of living. Any consultancy work was taxed to death, so, only worth doing for any academic status that the job had.
Not only that many people are retraining as a teacher or in the healthcare professions or thinking about it. I know of qualified, experienced individuals struggling to find jobs / move up the ladder and this will only be exacerbated as those in seemingly less secure jobs are laid off....Some job categories are recession proof, infact a lot are. If you provide a service the country cannot do without, then you are recession proof
Consultants and nurses would fall into that, yes.
we'll have to agree to disagree here0 -
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Certainly is...............90% of the houses around my area (EDIT - the majority of the UK) will be at least 25% cheaper in 12-18 months time. Bring it on.
Bold prediction, crystal ball i see;)
Not only have we seen less than -15% in the last year, it's going to go 1 step further and reach -25% in the next:rotfl:
Did you take any notice of Nationwides -0.4% last month;)
Bulls and bears are back:D0 -
we'll have to agree to disagree here
No offshore oil workers, no fuel in the cars, no heating in the homes, country at a stand still, people dying of hypothermia or starvation.
No medical professions, outbreak galore, we will all be dead by this time next year.
No police forces, we will all be dead by next week when the junkies invade our homes with dirty needles.
No armed forces, Uzbekistan will invade and take over
No drivers, we all starve to death
I can go on and on and on and on and on and on............;)
Lots of jobs are recession proof 0 -
Bold prediction, crystal ball i see;)
Not only have we seen less than -15% in the last year, it's going to go 1 step further and reach -25% in the next:rotfl:
Did you take any notice of Nationwides -0.4% last month;)
Bulls and bears are back:D
Indeed
Just an educated guess based on further tightening on lending, huge levels of redundancies and job losses, the overall outlook on the economy getting worse etc.
Yes i did see the Nationwide. I also took notice of the Halifax producing the biggest monthly fall this crash of -2.6%...;)0 -
Before there was a recession, credit crunch or lack of tax receipts;
http://www.independent.co.uk/news/uk/politics/hewitt-warns-of-more-nhs-job-cuts-to-reduce-deficits-473807.html
Interesting reminder from history of the times the NHS has gone through;
http://www.hsj.co.uk/insideknowledge/features/2008/12/nhs_in_recession_when_good_times_turn_bad.html
After the next election there could well be a couple of years, if not officially of cuts, at least of the absence of growth, to help the public finances recover.0 -
No offshore oil workers, no fuel in the cars, no heating in the homes, country at a stand still, people dying of hypothermia or starvation.
No medical professions, outbreak galore, we will all be dead by this time next year.
No police forces, we will all be dead by next week when the junkies invade our homes with dirty needles.
No armed forces, Uzbekistan will invade and take over
No drivers, we all starve to death
I can go on and on and on and on and on and on............;)
Lots of jobs are recession proof
Your right, lots of jobs are recession proof, but it doesnt mean everyone working them are. I think thats a very naive way of thinking.0 -
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Yes i did see the Nationwide. I also took notice of the Halifax producing the biggest monthly fall this crash of -2.6%...;)
That glitch in the system was just to get some comparability between the 2 big lenders
Halifax still needs to drop another 3% to catch up with Nationwide, as soon as that happens and the 2 lenders agree with each other or thereabouts on the price of an average home, they will then follow each other down very closely;)
Another bold prediction but we will see 0
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