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Is the poor economy affecting your jobs?

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i work in the software development/IT arm of a health insurer, and yes, this year has been EXTREMELY slow. The worst in the 5 yrs I've been here
 
I do IT work for financial company, you would think I would be hurting. But my company is very smart and has been doing this for close to 40 years so they will most likely come out ahead.
 
Yep.

Grant funded medical research. Research is always first on the chopping block. Thankfully the projects I'm in are far too large to be given the axe.
 
Originally posted by: Agentbolt

My job's iron-clad recession proof, thank God. Auto insurance industry.
Click to expand...

That depends on what part of it you are in.

I have a friend who worked in an agents office for auto/home/life (P&C lines basically), and he got laid off along with a few others due to the economy.

Myself OTOH we are slow in my dept (underwriting), but still have a ton to do. I don't see them giving any of us pink slips. My team is projected to generate ~70 million this year in revenue. I think we are fairly safe unless the company goes down, which seems unlikely (then again others like AIG seemed unlikely a few months back...).

The worst that might come out of this is low company match on our 401k, and low raises (then again they really don't give out that great of raises from my experience).
 
I am in the transportation industry and that is definitely being affected by the economy. Thank Jebus there is an actual need for my position.
 
We do well in poor economies. I work for a nation-wide Internet provider, and in hard times, people switch from DSL to dial-up. We make 4x more profit on dial-up connections, so KEEP 'EM COMIN'! 🙂
 
Being in the fifth year of one state recession is certainly hampering my ability to find a job, although my requirements are pretty unrealistic. I guess I'll have to live off my sugar Momma.

 
This round I'm secure..

from 1999 - 2002 I got laid off 4 times 🙁 always figured out something though 😉
 
Originally posted by: Fritzo
We do well in poor economies. I work for a nation-wide Internet provider, and in hard times, people switch from DSL to dial-up. We make 4x more profit on dial-up connections, so KEEP 'EM COMIN'! 🙂
Click to expand...

Are naked dsl lines affecting this? or are they offering naked dial up now?
naked being not having a land line phone service.
 
Defense contracting. Just got another few million $ for a project we are gonna start, so i'm good for at least a few years. (engineering)
 
My job is pretty secure, however I've been encouraged to promote off the team. I've been pretty much assured of a new position with another team (decent promotion). however there is a salary freeze now, so no more new jobs created until at least Jan, probably Apr.

It is completely frustrating, been here a long time.
 
I work for a non-profit and 'yes' our donations are down.
No pay cuts yet.
Unemployment in this town is pretty low at 4.4%.
 
Originally posted by: DisgruntledVirus
Originally posted by: Agentbolt

My job's iron-clad recession proof, thank God. Auto insurance industry.
Click to expand...

That depends on what part of it you are in.

I have a friend who worked in an agents office for auto/home/life (P&C lines basically), and he got laid off along with a few others due to the economy.

Myself OTOH we are slow in my dept (underwriting), but still have a ton to do. I don't see them giving any of us pink slips. My team is projected to generate ~70 million this year in revenue. I think we are fairly safe unless the company goes down, which seems unlikely (then again others like AIG seemed unlikely a few months back...).

The worst that might come out of this is low company match on our 401k, and low raises (then again they really don't give out that great of raises from my experience).
Click to expand...

How can you be laid off from the auto insurance industry due to a bad economy? If your friend was more in the Home/Life area, well, that's not really auto insurance, is it?

People in America drive. They will always drive. It's going to take something a LOT worse than this before they start driving illegally without insurance to the point it'd affect me.
 
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