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Does anyone else feel the economy won't get better?
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<blockquote data-quote="jal" data-source="post: 504163" data-attributes="member: 3477"><p>I have to say in my "world" things have started to get better. When the economy took a nose dive husband who was in construction for 15+ years ended up losing his job. His boss & he were the only employees. He had healthcare, 401K, paid vaca and bonuses all 15 years. Banks weren't lending, no one was building. I had just switched industries. I had been there a year. We were laying off factory and non-essential personnel. Bonuses were slashed in half and 401K matching stopped. My industry luckily weathered, as a lot of what we supply goes to hospitals, schools and government contracts. Not to mention some big name e commerce people. I work in marketing, which is usually the first to go. husband was out of work for over 2+ years. Took the load off of daycare, but put the burden on me, all around. Luckily, a year after the downturn my co's business flourished. People always need what we manufacture. New or old its always in demand. I work for a family owned small manufacturer in the state of CT and bonuses are back, we've hired many major staff (salary positions) and our monthly numbers are at or above where they were when I first started in 2007.</p><p></p><p>I see it as a niche industry wise, but not across the market wise, if that makes sense. The niches are flourishing, where the general commerce is not at this time. Yet husband just started in a job related to construction and due to the warm weather of this year, they are busy. Had this winter been as horrible as last year, he wouldn't have had a job. Although, to his credit, he did take the initiative to earn another class license on his own to improve his chances of employment.</p></blockquote><p></p>
[QUOTE="jal, post: 504163, member: 3477"] I have to say in my "world" things have started to get better. When the economy took a nose dive husband who was in construction for 15+ years ended up losing his job. His boss & he were the only employees. He had healthcare, 401K, paid vaca and bonuses all 15 years. Banks weren't lending, no one was building. I had just switched industries. I had been there a year. We were laying off factory and non-essential personnel. Bonuses were slashed in half and 401K matching stopped. My industry luckily weathered, as a lot of what we supply goes to hospitals, schools and government contracts. Not to mention some big name e commerce people. I work in marketing, which is usually the first to go. husband was out of work for over 2+ years. Took the load off of daycare, but put the burden on me, all around. Luckily, a year after the downturn my co's business flourished. People always need what we manufacture. New or old its always in demand. I work for a family owned small manufacturer in the state of CT and bonuses are back, we've hired many major staff (salary positions) and our monthly numbers are at or above where they were when I first started in 2007. I see it as a niche industry wise, but not across the market wise, if that makes sense. The niches are flourishing, where the general commerce is not at this time. Yet husband just started in a job related to construction and due to the warm weather of this year, they are busy. Had this winter been as horrible as last year, he wouldn't have had a job. Although, to his credit, he did take the initiative to earn another class license on his own to improve his chances of employment. [/QUOTE]
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Does anyone else feel the economy won't get better?
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