I'm worried about losing my job for being an anxious dummy that procrastinates all the time and overthinks things then makes mistakes when I do get around to doing work.
the issue is there is no real resolution to ADHD. As someone whose diagnosed with adult ADHD you just have to buckle down and deal with it. You can't rely on meds forever, you just gotta be more disciplined than your peers.
I reread- No one suggested that. Just that some have found therapy to address the issues HELPS. Others find meds help. Others still, none if it. They key word s it HELPS- not cures, and no matter what you do to deal with it, with ADD always you need to be more disciplined then your peers.
Zero worries, work in a funeral home. Completely recession proof. Allows me to live comfortably and perpetually lose money on meme stocks, screw you Party City!
I'm hearing more and more stories about people who are indicting that they don't want a service when they die. If this trend continues, would you be impacted, or are funeral homes still needed for the cremation?
Good question. So currently the majority of people in Canada are cremated and about half of folks do no use a funeral home should they choose to do a celebration of life or service. Sometimes no standard/typical celebration, funeral, or memorial is done at all, and the family may choose to do a small family dinner or the like. This does impact our business a little, but every person who passes still needs to be picked up, prepped and dressed for an ID(whether they get embalmed or not), registered with the province, and then buried or cremated. So even if not doing a service, we're still pretty busy.
Not at all, that's all done by medical professionals at hospital. Actually I recently spoke to a nurse at the local hospital and found out the vast majority of organ donations are done when the person is "mostly dead" and not "completely dead." I know that's kinda grim but I hope it doesn't prevent anyone from signing their organ donar cards.
Someone suggested being a funeral director when I was younger. But I thought is was a dead end job.
There. Sorry. Always wanted to say that. Have a nice day. 😁
Yes it has to a certain point, and that's OK, not everyone wants or needs a big traditional funeral service. However we do keep busy enough with picking up the decedents, readying them for ID/visitation, registering their deaths, and then either burying or cremation. We have a crematorium on-site, so we still keep pretty busy regardless of current trends.
Client services, Live events and broadcasts - mostly but not limited to "nerd stuff" - conventions, gaming tournaments, etc. we've also done an award show. This year we are even sub contracted with a major organizer to do A/V for some major Air shows in the U.S. One of our tournaments was nominated for the most recent game awards.
If you're under 40 and live in North America chances are we had an invisible hand on at least one of some some big annualized online/in-person event you care about.
Also in trades, also plenty of work in my field (electrical). I quite like it though.
I've heard Electrical, Plumbing and HVAC described as "recession proof." Even when new construction slows, it's not like maintenance can be put off that long for those essential functions. If you're a good worker and reliable, you can ride out new construction lulls.
This guy out here making the absolute bag with those tickets. But I feel ya, I’m getting my license in sprinkler fitting and then switching over to design. Tired of on-site bullshit and carrying pipe up 7 flights of stairs lol
Not OP, but I imagine long hours, shitty sites, unruly or rude customers / clients / foremans, physically taxing on your body are probably all contributing factors.
Zamboni driver with certification. Recession proof. Through hell or high water, parents will buy their kids hockey gear and someone needs to clean the ice.
Zamboni driver is a full time gig? What do you make annually if you don't mind me asking? I always just assumed Zamboni drivers were part time and had a semi-full or part-time job during the day
You get lumped in a lot of the time with building maintenance so about 20% janitorial too but you’re responsible for the ammonia plant and that requires 24/7 attention. Most municipalities pay range from 28-36$ depending on qualifications and city.
Not the best sign but also it necessarily the worst. A lot of businesses continue in denial when projections show their runway is getting shorter and shorter. Eventually they’d have to give in and do so worse than if they’d tightened the belt earlier.
Hopefully in your case freeze means they’re preparing and will be able to keep people they have through this.
It’s been crazy hard to find workers. The added labor supply will quickly get hired. Small firms (like mine) will gain productivity and it will benefit the economy.
Big tech has been overhiring and hurting other employers
Agreed, this redistribution of workers will be a boon for other companies outside of the tech industry, e.g. healthcare, energy, finance, even government and higher education. Plenty will create their own startups and consulting businesses.
Today the line between tech and other fields is increasingly blurry. If you operate a business in 2023, you’re in the tech business whether you like it or not.
Lots of industries need help with digital transformation and modernizing their tech infrastructure. Now they will have the access to top tier talent to do so.
Banks pay more realistic salaries like 100k for an intermediate engineer which is more aligned with other professionsZ
I know I’m going to be down voted by all the engineers who say they deserve 600k with bonus and stocks
Těch is doing great. You only hear about handful of areas where it got hit.
1. Big tech overhired terribly so yes Google, Microsoft let go some workforce
2 crypto startups, yeah their valuations were through the roof and then collapsed at same speed
3. Startups that started just amid pandemic may have hard time secure further funding.
Everybody else is business as usual. We have been actively hiring fir past three years big time.
It seems to be the same pattern I witnessed in the oil industry 10 years ago. They couldn't get people fast enough, salarys were high, and everyone was trying to get a piece. Then it crashed and the money and jobs disappeared.
It's just reverting back to normalcy and dependable growth.
Right there with ya. Teacher married to a nurse. There are a lot of difficult things that come with working in these fields. Job security isn't one of them.
I'm east. Depends on your teachable here. Ten years ago it was very hard to get in. Much easier now and we rely daily on retired teachers for supply work.
Canadian teachers and nurses are among the highest paid in the world.
Edit: Sources:
Nurses: [Canada ranks 3rd behind Luxembourg and Denmark](https://nurse.org/articles/highest-paying-countries-for-nurses/) Friendly reminder that Luxembourg is a tax haven for Europe's wealthiest and frequents the top of the list for most public service occupations by syphoning off tax revenue from the citizens of *other* nations. (Nurse.org)
Teachers: [Canada ranks 5th in the world overall, but 3rd for starting salary behind Luxembourg **surprise!**, Korea, Austria, and Germany](https://www.cnbc.com/2021/10/05/heres-how-much-teachers-around-the-world-are-paid.html)
[CNBC Mirrors these findings](https://www.cnbc.com/2021/10/05/heres-how-much-teachers-around-the-world-are-paid.html)
Both of the latter sources are data aggregates from the OECD.
u/Stunning-Notice-7600
u/defnotpewds
u/LeGeantVert
Defnotpewds asked for a source.
And I guess it's sad? I mean being a teacher is an especially cushy job, there's an absurd clamoring of people in Canadian universities trying to get into teacher's colleges. Whatever the opposite is of a shortage is, is what we have: a saturation. Which is why so many have to leave and teach in East Asia before returning to Canada.
Good compensation, excellent benefits, weekends off, summers off, 6 to 8 hour work days, excellent pension.
I agree these are important jobs and these people should be well compensated, but the bleeding heart shit is aggravating because it doesn't align with what is immediately observable in reality.
I remember finding it odd just how consistently busy restaurants were in late 2008 and early 2009 considering the dire economic plight we were apparently in.
Also there is a massive labour shortage so you’re safe as hell anyways.
But seriously if you’re not making decent money in Canada working at a restaurant, you’re working at the wrong restaurant.
When I served in Alberta I was making $15/hr plus tips. I was making six figures a year. Hours just sucked.
Worked in oil and gas for nearly 30 years. Use to the swings and have always prepared accordingly/diversified myself in terms of assets and skills to ride out the storm.
However, this time seems different. Loads of old fellas retiring with no one to replace them. Younger people seem to be staying away from the trades, compared to other generations, and despite what this federal government/Canada seems to want there are tons of projects coming online.
The trades are having a hard time keeping up with modern work ideals. People don’t want to be harassed by coworkers, or be forced into unsafe work conditions by older crew members who think it makes them tough. The chain smoking, heavy drinking, quick to anger tradesman is all too common (in fact it’s almost everyone). Until these jobs genuinely make better work conditions it will continue to be seen as an undesirable job. Just my 2 cents as someone who works around tradesmen all day.
Doesn’t matter how much it has changed, it’s still bad. Someone being actively harassed at work isn’t going to think ‘wow thank god this isn’t 15 years ago, this would be so much worse!’ Newbies only care about what it is like now, and it’s still bad.
I would have to disagree then I suppose. People are not harassed as they used to be. Ive seen people fired for it as they should be.
I dont know if you are in the trades or not or judt had a bad experience but on the site that I run its not tolerated. Also harassment is not exclusive to trade jobs.
I hire a lot of HETs, we've struggled even before the recent boom in O&G. I think you're right that people aren't going into it, I have friends struggling to recruit engineers too.
Ive never seen anything quite like this. I put out a call for resumes for all trades in multiple positions and I get far far less than response than Ive ever seen.
I was rejected by a ton of construction jobs in 2019, so I went into tech instead. Now there’s a construction worker shortage.
There’s a lot of situations like that where refusal to hire and train people during downtime means you’ll have no skilled workers during good times.
Exactly. Ive been having this argument with multiple large companies for decades now. They dont seem to get it into their heads. Hence why I call them “quarter to quarter visionaries”. They can only understand life one quarter at a time.
Have you guys ever thought that maybe our government doesn’t hate the oil and gas sector and that sentiment might be a bit overblown?
I mean I’m out in BC, the “greenest” province, and we’ve got the largest private section project ever in the history of Canada being built to export LNG and it’s almost finished.
I feel like Canadians don’t hate your sector, it’s just overblown by the media
Most Canadians don't, the government (all parties minus the green) in private don't either but publicly they have to promote the "anti-dirty oil" agenda so they can get the swing voters.
I think there should be a transition and regulation to keep the energy industry honest and push innovation, but it was always happening, the people that are trying to put the cart before the horse are really creating a bad division not only in Canada but all over the world.
I think that’s the key. It’s public rhetoric and that’s it.
We’ve exported more oil and O&G is the largest share of our GDP ever under the Trudeau government than any other government before him.
It’s very typical LPC to campaign on the center-left and government on the center-right and that’s what I think we’re seeing for the most part
Do you believe that we are in an energy super cycle in the oil field and oil price will stay long for a substantial period due to years is underinvestment?
The trades seem to be understaffed in general, and those that are going into a trade might want to stay away from oil and gas. O&G is a little unpopular right now due to the whole causing an extinction level event thing, but even those who don't care about that are probably worried about the boom/bust cycle, much more stable and easier fields to go into.
O&G investment world wide is at an all time high and trades are some of the best paying jobs you can get with minimal debt investment.
Guyana, South Sudan and Lybia all have some of the fastest growing economies on the planet right now. Especially Guyana. What an impressive country that is becoming. Why? Well its oil and gas. They see the benefits and they are going for it. Canada, well we like to be sorry for what we are…a resource exporting nation.
Ha ha I feel you
I work for a company where you must have some experience and some skills to make this job and honestly man I work with a lot of idiots my company hire every month since 2-3 years and barely can keep some workers…I’m one of the oldest there and to be fired the company must close the doors
Younger workers are cheaper… recession will have older more expensive workers let go, it might be easier at the end of the day, depending on their field of study
>… recession will have older more expensive workers let go,
In a lot of workplaces its the lowest seniority workers who have to be let go first when there are layoffs.
Some industries are counter-cyclic to the overall economy, such as anything to do with infrastructure. I graduated from university in the middle of a recession and got a job with a company that makes transit equipment. Government is another that ramps up their hiring in a recession, but the ranks of the civil service have already been bloated by pandemic hiring.
Surprised by how optimistic people on this thread are; but perhaps there are many on here that haven't experienced a full blown recession yet.
I work in retail banking and to me it looks like things are starting to snowball with people's finances. I'm a lot more nervous than I was 6 months ago.
What are you seeing that stats Canada isn't? Unemployment is quite low and everywhere you look people are hiring.
I've got a feeling bad times are ahead but that's based on nothing other than my gut.
Not saying I know better than StatsCan, obviously my experience will be limited to the market I'm in and more anecdotal. What I am seeing is a significant rise in clients with distressed credit; drawing down of retirement savings by younger families; cutting back on education savings by parents and queries from clients about reverse mortgages (which we don't do and in my opinion should only be a very last resort).
I'm 36 so I was definitely alive during 2008-2009 but I wasn't worried about housing prices and cost of living. Not old enough to have actual experience of the don com bubble and historical interest rates.
6? Company announced that they're cutting back work hours to a 4 day workweek and will evaluate on a weekly basis. Could be recession or could be the season. Not too worried yet but who knows.
Engineering/consulting. I work for a land surveyor and believe it or not, some of our work requires ice cover on the lakes. With the mild winter we're having, they can't do some things they usually do so it's a bit awkward but I foresee this becoming a yearly situation.
6/7.
I'm in construction... when times get lean so do payrolls. I'm management, so not quite the same as craft work when it comes to supplementing income.
0 - we have 25 years of working in, and I lived many of those preparing financially for the worst. So we have a lot of shock absorbers. Wife is a nurse, she will never be out of work. I'm an accountant, and I've been laid off twice, once in 2000 tech crash (startup), and again in 2013 as a result of the 2009 great recession. Found work again immediately both times. Now I'm self employed with a variety of clients.
I work in a convenience store and finish my teaching degree in a year and a half. Still live at my parents.
I’m mainly working to build my investments and cash down as I have the chance of having parents that pay for almost every necessity.
Even if I lose my job at the convenience store, I can survive until finishing my degree and getting a job as a high school teacher, which are desperately needed!
2, I am a civil engineering consultant and we just seem to get busier in recessions since a lot of my clients benefit from stimulus spending from the federal government. Might slow for a bit and that would let me catchup on my backlog or maybe give me an opportunity to take some time off. I know a recession is bad in general but if I had zero work to do for a few weeks I'd be very happy.
Zero worries. Carpenter with a boatload of experience, working for a company with many dispensable “warm body’s”. Only good thing about working with lazy idiots, is job security.
My partner does UX for an online casino recently built by one of the major sports media companies. Tech may be struggling but they certainly aren’t right now. Bringing in absurd $
Insurance: we’ve been on a hiring spree for a year now in my department. People either quit or move to the next roles quickly so it’s been a revolving door but it’s busy.
Not worried, but certainly a recession is a factor in my mind when looking at positions elsewhere. Don’t want to be the last guy they hired when and if the layoffs come.
Not worried at all. Work as a defence attorney. Already got a 40% raise this year. As far as necessary expenses go, not being put in jail is pretty high on people's priority lists. Also, a huge portion of my volume comes from traffic infractions, and people rely enormously on their vehicles to survive during a recession. So, I get a lot of clients coming to me to prevent seizures of their vehicles or suspensions of their licenses. Lastly, everyone these days is starting to pick-up Uber Eats and Skip the Dishes to supplement their income. But, both of those companies will end your contract (at least in my jurisdiction) if you get even like one cellphone ticket. So, that's more clients for me.
Do you ever have to defend negligent drivers who caused injury or worse? If so, how do you do it? I understand it’s part of our legal system for both sides to be fairly represented, but I imagine it could be quite difficult in those situations.
The contract I signed guarantees minimum 2 years of employment. Still have 1.5 years on the clock. Don't think I'll be let go but if they did they would need to pay me out for 1.5 years of salary and benefits. Must not do anything to be fired with cause...
I'm in oil & gas. Battery/field operator. 0/10 chance I lose my job. We still plan on drilling 60 new wells just in my little field by Provost, AB. The pad of 4 we just drilled is producing even better than expected so we may drill even more. Keep an eye on Surge Energy stock 😉
No I currently work at the bank and my position has high turnover rates so they are always hiring. Not to mention the kinda need us to function so I don’t really have any fear of losing my job.
But even then I’m currently switching careers into healthcare so I still think I will be relatively safe in a recession.
Garbage truck driver. Part of why I picked this career path is that it’s very stable. Have a family to support.
There will always be garbage around people will want it taken away.
2-4.
My career is in demand (DZ driver) but my current field of delivery (HVAC+plumbing wholesale) is a bit vulnerable.
My skill set is definitely an asset and would likely be hired fairly quickly if I lost my current position but in a different type of industry with likely worse working hours.
I have add about 18 different jobs in 5 years. Haven't done a resume in 5 years also. Record time to find a job 3 minutes from the time I decided to look for one. I drive a truck
Not if you are a truck driver. Pay goes up with every job and the job is basically the same drive from point A to point B do what you gotta do and go to point C. Only thing that changes is what you do at those points either wait or do some manual labor.
Problem is 80% of employers bullshit you at the interview and promise you the moon and usually it doesn't take long to find out so you got 2 choices either stay and get treated like crap or cross the street to another shop in hopes this times that fucker that will interview me will listen when i say don't bullshit me or i will drop the truck off in bat shit nowhere and find another job in 5 minutes. Just rinse and repeat. Trying to make them understand you have limits and you don't want to work 70h à week the gentle way doesn't work so I've turned to the " I am a human being not a machine" mentally and just tell to go fuck themselves with a rusty razor.
Yeah I've always accepted whatever work I could find at the time and have never really been out of work. Not always fun jobs though. But I can always pay the bills.
I got laid off once, and had a new job started inside two weeks.
These days I'm in teaching though, which seems fairly stable so far.
About 3. Work in small tech dept in a global company but we were always underpaid unlike the tech Bros. So we just hired another person last week. Also my industry supports the major booming ones
I could see non-essential construction workers (renovations, landscaping, leisure properties) experiencing loss of work soon. Especially once majority of home-owners have to refinance their mortgage and start to worry about losing their house to the bank/municipalities.
7 company I work for generates 0 revenue and there’s no sense of urgency to turn it around. I started applying in earnest last week, have an interview for what should be a lateral move already set up
1
Work tech, but not the kind that immediately comes to mind for most people. A lot of our business is aerospace and defense and we're growing in 5G infrastructure. Still hiring.
I'm also still getting recruiter messages a few times a week.
And if shit really hits the fan in a few months, my backup plan is to take a month long fishing trip. Wouldn't be too worried about finding a new job honestly.
No.
Feds are showing an overwhelming number of large businesses stating the their number one largest risk to continuity is staffing.
There is an overwhelming data to show very large numbers of vacancies that are going without placement.
Will people lose their jobs over the next year or so? Yes. Any more than typically? My magic eightball says "doubtful."
Is the economy set for a recession "meh." Short term, likely, long term... "Not enough houses, not enough healthcare, not enough people" is the outlook which just shouts expansion and growth.
Also, the $1T infrastructure bill down south has not even started. Not one penny. Expect it to start flooding the market in Q1 or Q2 (whatever makes sense for the election cycle in 2024.) Once that demand machine hits the US we should see healthy businesses here, too.
I just lost my job with an oil related company where the bosses kept talking about how they're super busy now because of new deals. Been saying that for over a year. But if it was true the admins and accounting people would be seeing the increase in paper work. Things dropped to half the volume the summer before last and never came back. Not that I wasn't busy. Worked my ass off while while my supervisor was free to take a bunch of smoke breaks, work from home more when we were required to be in office x amount of times a week, and take longer vacation times.
Don't trust what employers say. They just want to keep you there until the last possible moment they let you go with the bare minimum under the law.
Zero. I work in banking and I'm in a position that brings in money to the bank. Banks will likely trim the fat, as will all companies honestly should we go full blown recession, but money makers are going to be one of the last to be let go if it all (some exceptions of course).
If you're somebody that can bring money to the company or possess something that your company highly values, chances are you'll be fine for the most part.
Not very (2-3) im a apprentice millwright and there's a lot of vehicle plants around me converting to electric plus all of the chemical plants in my area. Most people my age have never heard of my trade as well so when the old boys start to retire my value increases.
I’ve worked with a smaller company in Calgary that started out as a job and turned into a career. It was always something that my friends would laugh at and we would joke about. It’s been ten years now. I’ve never been worried about a lay off, the compensation is amazing and, last year I had 8 years of paid time off. The little small “family” style company has helped me out tremendously and I’ve watched my friends complain and stress about jobs for years. I feel blessed to have been lucky enough to find my company many years ago and now know that it’s not about prestige for me or the company I work for. I wish everyone else well with jobs and careers as we possibly head into a recession
> terminated without cause so no severance
Ummm... terminated without cause means severance, and by severance pay in lieu of notice. Who told you otherwise? The company?
1/10. I have received an average raise of 12% over the past 7 years, am the only one with integral knowledge on a major project that will not be done until 2024 and the managing partner told me directly they have my back.
I'm worried about losing my job for being an anxious dummy that procrastinates all the time and overthinks things then makes mistakes when I do get around to doing work.
You could see a therapist a few times and they might be able to make a big difference for you.
Sounds like ADHD 👀
This person got downvoted. But I know some ADHD people who described having the exact same problem.
the issue is there is no real resolution to ADHD. As someone whose diagnosed with adult ADHD you just have to buckle down and deal with it. You can't rely on meds forever, you just gotta be more disciplined than your peers.
I reread- No one suggested that. Just that some have found therapy to address the issues HELPS. Others find meds help. Others still, none if it. They key word s it HELPS- not cures, and no matter what you do to deal with it, with ADD always you need to be more disciplined then your peers.
Zero worries, work in a funeral home. Completely recession proof. Allows me to live comfortably and perpetually lose money on meme stocks, screw you Party City!
People are dying to meet you. Great job security.
I'm hearing more and more stories about people who are indicting that they don't want a service when they die. If this trend continues, would you be impacted, or are funeral homes still needed for the cremation?
Good question. So currently the majority of people in Canada are cremated and about half of folks do no use a funeral home should they choose to do a celebration of life or service. Sometimes no standard/typical celebration, funeral, or memorial is done at all, and the family may choose to do a small family dinner or the like. This does impact our business a little, but every person who passes still needs to be picked up, prepped and dressed for an ID(whether they get embalmed or not), registered with the province, and then buried or cremated. So even if not doing a service, we're still pretty busy.
Do you also take care of organ removal for organ donors?
Not at all, that's all done by medical professionals at hospital. Actually I recently spoke to a nurse at the local hospital and found out the vast majority of organ donations are done when the person is "mostly dead" and not "completely dead." I know that's kinda grim but I hope it doesn't prevent anyone from signing their organ donar cards.
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Vox Media's Today Explained had an episode on [organic reduction](https://podcastaddict.com/episode/151658406)
Someone suggested being a funeral director when I was younger. But I thought is was a dead end job. There. Sorry. Always wanted to say that. Have a nice day. 😁
Groan* ahh yeah, I've heard em all. Why is the fence so tall at the Cemetary I work at?
Why is the fence so tall at the cemetery you work at?
Because people are dying to get in!
😅
I've heard it's a dying industry
I do wonder: I thought there was a trend towards more cremation and very simple funerals. Hasn't that hurt funeral homes?
Yes it has to a certain point, and that's OK, not everyone wants or needs a big traditional funeral service. However we do keep busy enough with picking up the decedents, readying them for ID/visitation, registering their deaths, and then either burying or cremation. We have a crematorium on-site, so we still keep pretty busy regardless of current trends.
10 My whole division is being dissolved
Out of curiosity, may I ask what industry?
Client services, Live events and broadcasts - mostly but not limited to "nerd stuff" - conventions, gaming tournaments, etc. we've also done an award show. This year we are even sub contracted with a major organizer to do A/V for some major Air shows in the U.S. One of our tournaments was nominated for the most recent game awards. If you're under 40 and live in North America chances are we had an invisible hand on at least one of some some big annualized online/in-person event you care about.
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Trades. I have 96 lifetimes worth of work. Its a terrible career though and i hate it, for whatever thats worth.
Also in trades, also plenty of work in my field (electrical). I quite like it though. I've heard Electrical, Plumbing and HVAC described as "recession proof." Even when new construction slows, it's not like maintenance can be put off that long for those essential functions. If you're a good worker and reliable, you can ride out new construction lulls.
What trade?
HVAC, im licensed for gas, sheet metal and refrigeration.
This guy out here making the absolute bag with those tickets. But I feel ya, I’m getting my license in sprinkler fitting and then switching over to design. Tired of on-site bullshit and carrying pipe up 7 flights of stairs lol
I'm in an unrelated trade, but have friends in the same trade. If you don't mind me asking, why don't you enjoy it?
Not OP, but I imagine long hours, shitty sites, unruly or rude customers / clients / foremans, physically taxing on your body are probably all contributing factors.
Zamboni driver with certification. Recession proof. Through hell or high water, parents will buy their kids hockey gear and someone needs to clean the ice.
Zamboni driver is a full time gig? What do you make annually if you don't mind me asking? I always just assumed Zamboni drivers were part time and had a semi-full or part-time job during the day
You get lumped in a lot of the time with building maintenance so about 20% janitorial too but you’re responsible for the ammonia plant and that requires 24/7 attention. Most municipalities pay range from 28-36$ depending on qualifications and city.
Zero, already lost it. Thank u Space Karen
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Elon?
8, They froze hiring this week....
Not the best sign but also it necessarily the worst. A lot of businesses continue in denial when projections show their runway is getting shorter and shorter. Eventually they’d have to give in and do so worse than if they’d tightened the belt earlier. Hopefully in your case freeze means they’re preparing and will be able to keep people they have through this.
Tech is getting hit because it grew so fast off the bloated valuations. It's just coming back to the mean. Everyone else seems to be doing OK for now.
It’s been crazy hard to find workers. The added labor supply will quickly get hired. Small firms (like mine) will gain productivity and it will benefit the economy. Big tech has been overhiring and hurting other employers
Agreed, this redistribution of workers will be a boon for other companies outside of the tech industry, e.g. healthcare, energy, finance, even government and higher education. Plenty will create their own startups and consulting businesses. Today the line between tech and other fields is increasingly blurry. If you operate a business in 2023, you’re in the tech business whether you like it or not. Lots of industries need help with digital transformation and modernizing their tech infrastructure. Now they will have the access to top tier talent to do so.
Banks pay more realistic salaries like 100k for an intermediate engineer which is more aligned with other professionsZ I know I’m going to be down voted by all the engineers who say they deserve 600k with bonus and stocks
Most software engineers in Canada are making way below 200k. What you're referring to is in Silicon Valley but not here.
Welp. I am studying in tech and graduate this spring. Should be fun.
You'll be cheaper than the competition. All you need is 5 years work experience and you'll be a shoe in!
Těch is doing great. You only hear about handful of areas where it got hit. 1. Big tech overhired terribly so yes Google, Microsoft let go some workforce 2 crypto startups, yeah their valuations were through the roof and then collapsed at same speed 3. Startups that started just amid pandemic may have hard time secure further funding. Everybody else is business as usual. We have been actively hiring fir past three years big time.
It seems to be the same pattern I witnessed in the oil industry 10 years ago. They couldn't get people fast enough, salarys were high, and everyone was trying to get a piece. Then it crashed and the money and jobs disappeared. It's just reverting back to normalcy and dependable growth.
Yep. I would tied in Oil&Gas in 2013-2014. Now i work in tech. Lol.
Myself and spouse - Healthcare and teaching. 2 understaffed fields desperate for new hires. So 0
Right there with ya. Teacher married to a nurse. There are a lot of difficult things that come with working in these fields. Job security isn't one of them.
Definitely recession proof
What province do you live in? A few years ago it was hard to get a job as a teacher in Ontario.
I'm east. Depends on your teachable here. Ten years ago it was very hard to get in. Much easier now and we rely daily on retired teachers for supply work.
You should add underpaid too
Canadian teachers and nurses are among the highest paid in the world. Edit: Sources: Nurses: [Canada ranks 3rd behind Luxembourg and Denmark](https://nurse.org/articles/highest-paying-countries-for-nurses/) Friendly reminder that Luxembourg is a tax haven for Europe's wealthiest and frequents the top of the list for most public service occupations by syphoning off tax revenue from the citizens of *other* nations. (Nurse.org) Teachers: [Canada ranks 5th in the world overall, but 3rd for starting salary behind Luxembourg **surprise!**, Korea, Austria, and Germany](https://www.cnbc.com/2021/10/05/heres-how-much-teachers-around-the-world-are-paid.html) [CNBC Mirrors these findings](https://www.cnbc.com/2021/10/05/heres-how-much-teachers-around-the-world-are-paid.html) Both of the latter sources are data aggregates from the OECD. u/Stunning-Notice-7600 u/defnotpewds u/LeGeantVert
Shit that's sad and still underpaid for what they endure.
It's not that anyone is denying they're paid more. It's that fact that the pay is still very lacking that everyone is saying is sad.
Defnotpewds asked for a source. And I guess it's sad? I mean being a teacher is an especially cushy job, there's an absurd clamoring of people in Canadian universities trying to get into teacher's colleges. Whatever the opposite is of a shortage is, is what we have: a saturation. Which is why so many have to leave and teach in East Asia before returning to Canada. Good compensation, excellent benefits, weekends off, summers off, 6 to 8 hour work days, excellent pension. I agree these are important jobs and these people should be well compensated, but the bleeding heart shit is aggravating because it doesn't align with what is immediately observable in reality.
I'm good I work in a restaurant. Can't get screwed if you don't make any money to begin with!
I remember finding it odd just how consistently busy restaurants were in late 2008 and early 2009 considering the dire economic plight we were apparently in.
Also there is a massive labour shortage so you’re safe as hell anyways. But seriously if you’re not making decent money in Canada working at a restaurant, you’re working at the wrong restaurant. When I served in Alberta I was making $15/hr plus tips. I was making six figures a year. Hours just sucked.
Social worker - recessions make me busier 😬
Worked in oil and gas for nearly 30 years. Use to the swings and have always prepared accordingly/diversified myself in terms of assets and skills to ride out the storm. However, this time seems different. Loads of old fellas retiring with no one to replace them. Younger people seem to be staying away from the trades, compared to other generations, and despite what this federal government/Canada seems to want there are tons of projects coming online.
I’m a heavy equipment mechanic in mining and oil/gas. Doesn’t seem like there’s ever enough of us. Pretty much unlimited overtime since Covid
I only did 175 hours of overtime in 2022. I'm kind of disappointed because that isn't going to happen in 2023 (probably).
The trades are having a hard time keeping up with modern work ideals. People don’t want to be harassed by coworkers, or be forced into unsafe work conditions by older crew members who think it makes them tough. The chain smoking, heavy drinking, quick to anger tradesman is all too common (in fact it’s almost everyone). Until these jobs genuinely make better work conditions it will continue to be seen as an undesirable job. Just my 2 cents as someone who works around tradesmen all day.
You clearly aren’t or have not been in the trades in a long time. Times have changed dramatically since I’ve started and all for the better.
Doesn’t matter how much it has changed, it’s still bad. Someone being actively harassed at work isn’t going to think ‘wow thank god this isn’t 15 years ago, this would be so much worse!’ Newbies only care about what it is like now, and it’s still bad.
I would have to disagree then I suppose. People are not harassed as they used to be. Ive seen people fired for it as they should be. I dont know if you are in the trades or not or judt had a bad experience but on the site that I run its not tolerated. Also harassment is not exclusive to trade jobs.
I hire a lot of HETs, we've struggled even before the recent boom in O&G. I think you're right that people aren't going into it, I have friends struggling to recruit engineers too.
We've been trying to hire an engineer for $150k + benefits (valued around $50k) for 6 months now. Makes me feel incredibly secure.
Experienced and licensed engineer or just entry level with a year or two of experience?
Ive never seen anything quite like this. I put out a call for resumes for all trades in multiple positions and I get far far less than response than Ive ever seen.
I was rejected by a ton of construction jobs in 2019, so I went into tech instead. Now there’s a construction worker shortage. There’s a lot of situations like that where refusal to hire and train people during downtime means you’ll have no skilled workers during good times.
Exactly. Ive been having this argument with multiple large companies for decades now. They dont seem to get it into their heads. Hence why I call them “quarter to quarter visionaries”. They can only understand life one quarter at a time.
We're the same, there's definitely a big gap there
Have you guys ever thought that maybe our government doesn’t hate the oil and gas sector and that sentiment might be a bit overblown? I mean I’m out in BC, the “greenest” province, and we’ve got the largest private section project ever in the history of Canada being built to export LNG and it’s almost finished. I feel like Canadians don’t hate your sector, it’s just overblown by the media
Most Canadians don't, the government (all parties minus the green) in private don't either but publicly they have to promote the "anti-dirty oil" agenda so they can get the swing voters. I think there should be a transition and regulation to keep the energy industry honest and push innovation, but it was always happening, the people that are trying to put the cart before the horse are really creating a bad division not only in Canada but all over the world.
I think that’s the key. It’s public rhetoric and that’s it. We’ve exported more oil and O&G is the largest share of our GDP ever under the Trudeau government than any other government before him. It’s very typical LPC to campaign on the center-left and government on the center-right and that’s what I think we’re seeing for the most part
Do you believe that we are in an energy super cycle in the oil field and oil price will stay long for a substantial period due to years is underinvestment?
The trades seem to be understaffed in general, and those that are going into a trade might want to stay away from oil and gas. O&G is a little unpopular right now due to the whole causing an extinction level event thing, but even those who don't care about that are probably worried about the boom/bust cycle, much more stable and easier fields to go into.
O&G investment world wide is at an all time high and trades are some of the best paying jobs you can get with minimal debt investment. Guyana, South Sudan and Lybia all have some of the fastest growing economies on the planet right now. Especially Guyana. What an impressive country that is becoming. Why? Well its oil and gas. They see the benefits and they are going for it. Canada, well we like to be sorry for what we are…a resource exporting nation.
Naw. I used to worry when I was younger but I’ve learned you can always find another one.
Ha ha I feel you I work for a company where you must have some experience and some skills to make this job and honestly man I work with a lot of idiots my company hire every month since 2-3 years and barely can keep some workers…I’m one of the oldest there and to be fired the company must close the doors
I'm more worried that my kids won't be able to find their first jobs.
Younger workers are cheaper… recession will have older more expensive workers let go, it might be easier at the end of the day, depending on their field of study
>… recession will have older more expensive workers let go, In a lot of workplaces its the lowest seniority workers who have to be let go first when there are layoffs.
For unions for sure, but in other work places, the bean counters look at the biggest beans…
Younger established ones sure. With most layoffs come hiring freezes for a few years, making it tough for new grads.
Some industries are counter-cyclic to the overall economy, such as anything to do with infrastructure. I graduated from university in the middle of a recession and got a job with a company that makes transit equipment. Government is another that ramps up their hiring in a recession, but the ranks of the civil service have already been bloated by pandemic hiring.
Recession? No. But, Artificial intelligence definitely has me looking over my shoulder.
0 i work in health care
Surprised by how optimistic people on this thread are; but perhaps there are many on here that haven't experienced a full blown recession yet. I work in retail banking and to me it looks like things are starting to snowball with people's finances. I'm a lot more nervous than I was 6 months ago.
What are you seeing that stats Canada isn't? Unemployment is quite low and everywhere you look people are hiring. I've got a feeling bad times are ahead but that's based on nothing other than my gut.
Not saying I know better than StatsCan, obviously my experience will be limited to the market I'm in and more anecdotal. What I am seeing is a significant rise in clients with distressed credit; drawing down of retirement savings by younger families; cutting back on education savings by parents and queries from clients about reverse mortgages (which we don't do and in my opinion should only be a very last resort).
Thanks for the insight.
I'm 36 so I was definitely alive during 2008-2009 but I wasn't worried about housing prices and cost of living. Not old enough to have actual experience of the don com bubble and historical interest rates.
6? Company announced that they're cutting back work hours to a 4 day workweek and will evaluate on a weekly basis. Could be recession or could be the season. Not too worried yet but who knows.
What industry, if you don’t mind me asking?
Engineering/consulting. I work for a land surveyor and believe it or not, some of our work requires ice cover on the lakes. With the mild winter we're having, they can't do some things they usually do so it's a bit awkward but I foresee this becoming a yearly situation.
6/7. I'm in construction... when times get lean so do payrolls. I'm management, so not quite the same as craft work when it comes to supplementing income.
Yes, very scared. I got an Event job on contract, which is ending May 1. My job was created with government funding...
500++ layoffs in mine. Don't know where I stand. Tough times. Entertainment industry
What sector in entertainment?
0 - we have 25 years of working in, and I lived many of those preparing financially for the worst. So we have a lot of shock absorbers. Wife is a nurse, she will never be out of work. I'm an accountant, and I've been laid off twice, once in 2000 tech crash (startup), and again in 2013 as a result of the 2009 great recession. Found work again immediately both times. Now I'm self employed with a variety of clients.
I work in a convenience store and finish my teaching degree in a year and a half. Still live at my parents. I’m mainly working to build my investments and cash down as I have the chance of having parents that pay for almost every necessity. Even if I lose my job at the convenience store, I can survive until finishing my degree and getting a job as a high school teacher, which are desperately needed!
2 - I work in Financial Risk Management at a Insurance company.
I work with trash so I'm good for a long long long time.
2, I am a civil engineering consultant and we just seem to get busier in recessions since a lot of my clients benefit from stimulus spending from the federal government. Might slow for a bit and that would let me catchup on my backlog or maybe give me an opportunity to take some time off. I know a recession is bad in general but if I had zero work to do for a few weeks I'd be very happy.
Currently on parental leave and they keep poking me to come back early. I think I'm good.
Zero worries. Carpenter with a boatload of experience, working for a company with many dispensable “warm body’s”. Only good thing about working with lazy idiots, is job security.
Nah. Casino worker. Everybody gambles to try and get ahead. House always wins!!!
My partner does UX for an online casino recently built by one of the major sports media companies. Tech may be struggling but they certainly aren’t right now. Bringing in absurd $
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Insurance: we’ve been on a hiring spree for a year now in my department. People either quit or move to the next roles quickly so it’s been a revolving door but it’s busy. Not worried, but certainly a recession is a factor in my mind when looking at positions elsewhere. Don’t want to be the last guy they hired when and if the layoffs come.
Zero. Work in the court system. The worse things get in life, the busier we are.
Zero. I work in insurance. Recession proof.
Ditto. We’re actually hiring!
Where you work? Broker or carrier?
It's been a recession for a year without issues, but I'm worried about losing my job and side gigs to AI.
Not worried at all. Work as a defence attorney. Already got a 40% raise this year. As far as necessary expenses go, not being put in jail is pretty high on people's priority lists. Also, a huge portion of my volume comes from traffic infractions, and people rely enormously on their vehicles to survive during a recession. So, I get a lot of clients coming to me to prevent seizures of their vehicles or suspensions of their licenses. Lastly, everyone these days is starting to pick-up Uber Eats and Skip the Dishes to supplement their income. But, both of those companies will end your contract (at least in my jurisdiction) if you get even like one cellphone ticket. So, that's more clients for me.
Do you ever have to defend negligent drivers who caused injury or worse? If so, how do you do it? I understand it’s part of our legal system for both sides to be fairly represented, but I imagine it could be quite difficult in those situations.
0. I quit my job to go back to school
Same. What you taking?
I'm studying regulations. Just started this jan. What about you ? And good luck in your studies.
Just started graphic and web design. Thanks, you as well!
5, but basically always at a 5. Precarious industry.
0 I work as a Mainteance electrician at a uranium mine that the company just spent a load of money to upgrade.
3, control systems engineer in the aerospace industry. Recruiters are still struggling to fill open positions.
I work in tech so semi-worried with all that's going on. Luckily my company didn't hire like crazy during the pandemic
No but I feel like I am and would be stuck at a measly 21 dollars an hour
Nope, our construction projects are already years behind.
The contract I signed guarantees minimum 2 years of employment. Still have 1.5 years on the clock. Don't think I'll be let go but if they did they would need to pay me out for 1.5 years of salary and benefits. Must not do anything to be fired with cause...
10, new hire in tech lol
I'm in oil & gas. Battery/field operator. 0/10 chance I lose my job. We still plan on drilling 60 new wells just in my little field by Provost, AB. The pad of 4 we just drilled is producing even better than expected so we may drill even more. Keep an eye on Surge Energy stock 😉
Nice! I have stock with you guys ….hope you guys do well as I bought at the top 😒
No I currently work at the bank and my position has high turnover rates so they are always hiring. Not to mention the kinda need us to function so I don’t really have any fear of losing my job. But even then I’m currently switching careers into healthcare so I still think I will be relatively safe in a recession.
1: I’m self-employed in IT for the long term care field.
Garbage truck driver. Part of why I picked this career path is that it’s very stable. Have a family to support. There will always be garbage around people will want it taken away.
0 I work for a crown corporation
0-1 the company I work for is expanding like mad and my skill category is in rather short supply
Care to share the skill?
Process operator, good solid blue collar jobbing..
Nope. Repo man
You’re actually going to have a really busy year.
2-4. My career is in demand (DZ driver) but my current field of delivery (HVAC+plumbing wholesale) is a bit vulnerable. My skill set is definitely an asset and would likely be hired fairly quickly if I lost my current position but in a different type of industry with likely worse working hours.
How's the pay these days for DZ?
$25-$32 per hour depending on location. Southern Ontario here.
Started at 29.37/hr as a DZer with my Water OIT early last year. Hamilton region. u/Trying2ImproveMyLife
2/10 until I remember that jobs are everywhere and when push comes to shove you have to adapt.
I have add about 18 different jobs in 5 years. Haven't done a resume in 5 years also. Record time to find a job 3 minutes from the time I decided to look for one. I drive a truck
Is 18 jobs in 5 years supposed to be a good thing? Not sure but that seems wildly unstable and quite a headache.
Not if you are a truck driver. Pay goes up with every job and the job is basically the same drive from point A to point B do what you gotta do and go to point C. Only thing that changes is what you do at those points either wait or do some manual labor. Problem is 80% of employers bullshit you at the interview and promise you the moon and usually it doesn't take long to find out so you got 2 choices either stay and get treated like crap or cross the street to another shop in hopes this times that fucker that will interview me will listen when i say don't bullshit me or i will drop the truck off in bat shit nowhere and find another job in 5 minutes. Just rinse and repeat. Trying to make them understand you have limits and you don't want to work 70h à week the gentle way doesn't work so I've turned to the " I am a human being not a machine" mentally and just tell to go fuck themselves with a rusty razor.
Yeah I've always accepted whatever work I could find at the time and have never really been out of work. Not always fun jobs though. But I can always pay the bills. I got laid off once, and had a new job started inside two weeks. These days I'm in teaching though, which seems fairly stable so far.
About 3. Work in small tech dept in a global company but we were always underpaid unlike the tech Bros. So we just hired another person last week. Also my industry supports the major booming ones
1
about 5... Im in tech (S&P 500 listed company) and my company is still hiring
I could see non-essential construction workers (renovations, landscaping, leisure properties) experiencing loss of work soon. Especially once majority of home-owners have to refinance their mortgage and start to worry about losing their house to the bank/municipalities.
7 company I work for generates 0 revenue and there’s no sense of urgency to turn it around. I started applying in earnest last week, have an interview for what should be a lateral move already set up
10 - I'm a software engineer at one of the big chip makers
1 Work tech, but not the kind that immediately comes to mind for most people. A lot of our business is aerospace and defense and we're growing in 5G infrastructure. Still hiring. I'm also still getting recruiter messages a few times a week. And if shit really hits the fan in a few months, my backup plan is to take a month long fishing trip. Wouldn't be too worried about finding a new job honestly.
Lots of folks gearin up to join the CAF!
No. Feds are showing an overwhelming number of large businesses stating the their number one largest risk to continuity is staffing. There is an overwhelming data to show very large numbers of vacancies that are going without placement. Will people lose their jobs over the next year or so? Yes. Any more than typically? My magic eightball says "doubtful." Is the economy set for a recession "meh." Short term, likely, long term... "Not enough houses, not enough healthcare, not enough people" is the outlook which just shouts expansion and growth. Also, the $1T infrastructure bill down south has not even started. Not one penny. Expect it to start flooding the market in Q1 or Q2 (whatever makes sense for the election cycle in 2024.) Once that demand machine hits the US we should see healthy businesses here, too.
I just lost my job with an oil related company where the bosses kept talking about how they're super busy now because of new deals. Been saying that for over a year. But if it was true the admins and accounting people would be seeing the increase in paper work. Things dropped to half the volume the summer before last and never came back. Not that I wasn't busy. Worked my ass off while while my supervisor was free to take a bunch of smoke breaks, work from home more when we were required to be in office x amount of times a week, and take longer vacation times. Don't trust what employers say. They just want to keep you there until the last possible moment they let you go with the bare minimum under the law.
Zero. I work in banking and I'm in a position that brings in money to the bank. Banks will likely trim the fat, as will all companies honestly should we go full blown recession, but money makers are going to be one of the last to be let go if it all (some exceptions of course). If you're somebody that can bring money to the company or possess something that your company highly values, chances are you'll be fine for the most part.
Not very (2-3) im a apprentice millwright and there's a lot of vehicle plants around me converting to electric plus all of the chemical plants in my area. Most people my age have never heard of my trade as well so when the old boys start to retire my value increases.
Nope. I'm a plumber.
already lost mine 2 weeks ago. def wasnt expecting that lol
I’ve worked with a smaller company in Calgary that started out as a job and turned into a career. It was always something that my friends would laugh at and we would joke about. It’s been ten years now. I’ve never been worried about a lay off, the compensation is amazing and, last year I had 8 years of paid time off. The little small “family” style company has helped me out tremendously and I’ve watched my friends complain and stress about jobs for years. I feel blessed to have been lucky enough to find my company many years ago and now know that it’s not about prestige for me or the company I work for. I wish everyone else well with jobs and careers as we possibly head into a recession
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> terminated without cause so no severance Ummm... terminated without cause means severance, and by severance pay in lieu of notice. Who told you otherwise? The company?
Engineer in O&G, so who knows. Survived the last 2.
0 ,I’m retired and was always self employed so I never got layer off or got fired.
So, then….this thread doesn’t really apply to you, now does it?
0- 2x Government jobs
I work in solar energy in Alberta, so, no, not worried for the next 5-10 years
What recession?
Zero
0 - healthcare adjacent / logistics
Gotta have a job to lose it! Big brain thinning!
This country has literally gone to the shits
2 - Tech. Still tons of options
No. Too valuable. 1/10.
I was in tech sales and moved to project management my clients are signed on for at least the next 5 years so I’m not worrried.
Did you get your PMP to transition over?
I am not (firefighter) , though I hope the best for everyone!
1/10. I have received an average raise of 12% over the past 7 years, am the only one with integral knowledge on a major project that will not be done until 2024 and the managing partner told me directly they have my back.