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<blockquote data-quote="Mattsmom277" data-source="post: 319289" data-attributes="member: 4264"><p>The economy here sure hoovers indeed. I think we differ in that we didn't have the mortgage issues, due to our policies being so different. We aren't seeing the foreclosures to the level you all are. </p><p></p><p>Something about Canadians, somehow most people live oblivious to the reality of how hard the economy has been hit. Most tend to always believe the upswing is at hand, in spite of it not being hard to find the real numbers showing a decline all around.</p><p></p><p>Unemployment is as bad here as there. Certain industries that are vital to our economy and to survival have been hit very hard. Mining and all the companies that develop products for the industry have been slammed. My S/O was working in the industry and his company has been cut from a thriving large one, to a skeleton staff of under 10 people. </p><p></p><p>True to Canadian form, most employees were so certain that things would bounce right back. Here, employment insurance runs just under a year. Many of his company have already run out of benefits. We haven't seen many from his company lately so no clue how they are coping. I'm guessing in the new year, with no jobs forthcoming, we'll start hearing of massive home losses, bankruptcies etc. When we do run into people from his old job, most KEEP thinking "any time now" their jobs will be back. It is sad that we in Canada are complacent and it leads to a level of not living realistically. When S/O contacted his former boss to alert him that the military and government would be in contact as part of his screening for the Air Force, he was told that he is doing the right thing, that there is no way this company is bouncing back anytime soon and that his boss is saddened that employees aren't seeking new paths to employment, rather they sit and wait to be called back to a company that within a few months, shy of a miracle, will disolve after a very long history of being a strong employer. </p><p></p><p>I must say I'm glad that my S/O is a realist. When he initially was laid off, he was too optimistic. I was proactive and began studying news articles and reading the info to him. It helped him realize he had to find a different mind set and face up to the fact that we had to find a different path for him career wise. He decided on the military for the security it offers, not much in this country is secure at this point. And getting a foot in the door of a new career is next to impossible.</p></blockquote><p></p>
[QUOTE="Mattsmom277, post: 319289, member: 4264"] The economy here sure hoovers indeed. I think we differ in that we didn't have the mortgage issues, due to our policies being so different. We aren't seeing the foreclosures to the level you all are. Something about Canadians, somehow most people live oblivious to the reality of how hard the economy has been hit. Most tend to always believe the upswing is at hand, in spite of it not being hard to find the real numbers showing a decline all around. Unemployment is as bad here as there. Certain industries that are vital to our economy and to survival have been hit very hard. Mining and all the companies that develop products for the industry have been slammed. My S/O was working in the industry and his company has been cut from a thriving large one, to a skeleton staff of under 10 people. True to Canadian form, most employees were so certain that things would bounce right back. Here, employment insurance runs just under a year. Many of his company have already run out of benefits. We haven't seen many from his company lately so no clue how they are coping. I'm guessing in the new year, with no jobs forthcoming, we'll start hearing of massive home losses, bankruptcies etc. When we do run into people from his old job, most KEEP thinking "any time now" their jobs will be back. It is sad that we in Canada are complacent and it leads to a level of not living realistically. When S/O contacted his former boss to alert him that the military and government would be in contact as part of his screening for the Air Force, he was told that he is doing the right thing, that there is no way this company is bouncing back anytime soon and that his boss is saddened that employees aren't seeking new paths to employment, rather they sit and wait to be called back to a company that within a few months, shy of a miracle, will disolve after a very long history of being a strong employer. I must say I'm glad that my S/O is a realist. When he initially was laid off, he was too optimistic. I was proactive and began studying news articles and reading the info to him. It helped him realize he had to find a different mind set and face up to the fact that we had to find a different path for him career wise. He decided on the military for the security it offers, not much in this country is secure at this point. And getting a foot in the door of a new career is next to impossible. [/QUOTE]
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