Wednesday, February 4, 2009

The State of the Economy and Sales

Well, here we are, with an unemployment rate the highest it has been in over thirty years and people getting laid off from their jobs in record numbers. Many of us both personally and professionally have begun to feel the pinch.

On a personal level, my husband, the only real bread winner in the house has recently had to take a 10% pay cut, his employer terminated their 401K match and the company as a whole has downsized to a smaller building. Nothing too catastrophic given the masses who no longer are employed, but each day we wait for the shoe to drop. Fortunately, the company CEO happens to be a close friend and has told my DH that he should start sending out his resume. But given the state of the economy, what are the chances of him finding another job? We have several friends and neighbors who have been unemployed and searching for work for almost a year, so the prospects don't look too good.

Every day when my husband leaves for work in the morning, I fear that it will be his last day of employment. But we muddle along cutting back where we can and counting our blessings that he is still working and that we have a roof over our heads.

Laster in the week, I will write more about how the economy has affected me on a professional level. Until then, take care.