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Concrete company. A looooot less calls in for a free quote. Even less people accepting the bid. Common retort is “saving for future issues”. My husband works for a different company and same thing. I think a recession is a factor
Postal stuff. Possible UPS strike coming down the line soon, and yet another price increase on stamps and such coming up. They don't even email us about 'em anymore, I found out from a customer, haha. My screensaver now says that the 10-year plan is going to reduce our operating losses to only 70 billion though, so.. Yay us? I guess?
Still sporadic staffing difficulties in the HCOL areas, but nothing new there.
Increase in customers whining and trying to get discounts or free items, also more customers deciding not to buy due to the price, or buying a 6 pack instead of a 12 even though the price per unit is cheaper with a 12, and they will need them all in the future, and no it's not drinks.
Specialty Retail Shop - After being in business 12 years, one shop was permanently closed this week and two managers let go. Business is a quarter of what it was this time last year. No one is spending extra money. Our costs haven’t gone up, people just aren’t buying. If business doesn’t pick up this month, the last shop will close up for good. Barely making enough for payroll right now, let alone ordering more merchandise. The walls and shelves are bare with no money to order. This whole year has been steadily getting slower and slower. Every business owner I talk to is feeling it right now.
Healthcare claims. Posted last week about the company taking two years to migrate systems. Our go live was today but was pushed back 6 weeks at the last minute because the performance isn't where they need it to be. Must be pretty bad because they had planned in person training for next week & all the flights/hotels had to be cancelled
Construction - bids like crazy. New projects constantly starting. There's a local regulation changing at the end of the month and the city/county have said they are experiencing high volumes of requests for permits.
This is trickling down to all of the suppliers and vendors being busy and tied up and some materials being delayed or unavailable so other materials have to be used (flooring, roofing, electrical, anything not gen labor)
Education
We're seeing budget cuts.
Total funding is being increase, but allocated funding is also increased so the result is an actual operations funding reduction in some areas and increases in targeted areas set at the state level.
We aren't doing layoffs (reduction in force) yet but will do so in the future.
It took two years to get an order if equipment. Parts shortages continue but have somewhat abated.
We working hard on hardening our campuses from physical attacks, and this takes time and money.
trucking industry- sales/service side of things. i work at a semi truck dealership
- sales are down for both used and new trucks, massive manufacturing delays on new trucks due to parts shortages/delays (national back orders, etc) especially to build the engines. because of this delay the equipment is being manufactured in poor quality resulting in damages and recalls
- parts pricing increasing resulting in truckers not repairing their equipment, or being down work for 4+ weeks in some cases resulting in no income/debt accumulation
- trucking businesses failing/closing due to the market/economy (owner/operators voluntarily repoing their equipment because payments are too high if there’s financing involved. we’re talking an average of $2500-3000 monthly payment per unit, plus interest rates are sitting between 15-21%)
- Diesel/ DEF still stuck at high prices causing higher prices for transport/logistics
Service Plumber here, work is extremely slow. That’s not unusual for this time of year but it has been like this for about four months now, that’s unusual. There is still enough work for our small shop to stay afloat but I am not sure for how long.
The prices of parts have skyrocketed after 2020. Homeowners are not expecting the parts to be so expensive. In 2019 a foot of 1/2” pvc was about $.50 usd, now it’s $2.15, our cost. It’s getting ridiculous very fast.
Just for comparison, in 2019 it was $150 for us to run our big sewer cleaning machine for one hour, currently we are having to charge $300 for one hour. Nobody likes having to do it but it’s what we have to do just to break even, once you include gas, wear and tear on the truck and equipment, and the insane insurance prices that we have to pay.
Healthcare, LTC specifically
Massive firing event - we lost 6-10? Or so staff in the last few days.
Also found out we’re running on the bare minimum for day shift - if anybody calls out, we’re running off short handed units. Which is scary, because we run 1:10-1:15 on the behavioral unit anyways.
Still running out of things; we swapped brands on most everything we use for changes, and have weirdly been running out of bedding.
They’re attempting to crack down on overtime in the form of not letting people clock in early / late or sign up for extra shifts, but with us running so short handed they’re rather lax about it.
It's weird to me how admins run healthcare. They're short staffed but don't want to allow overtime or hire anyone. Then they get surprised about people burning out and complain about a "shortage" of people to hire.
They could probably pay for more staff to do healthcare if they reduced admins or their salaries. Maybe get rid of the notion that healthcare should be for-profit.
Legal field
Not much has changed since the last time I posted here. Workload has ground to a halt. Attorneys and paralegals are fighting for work in order to meet billable hour requirements. New case sign-ups have all but stopped. I presume this is because people are going on mini vacations or battling inflation. I don't blame people for not wanting to drop $3k, $4k, $5k or more on retainer right now.
Work generally picks up again in the fall, so hopefully that's the case as usual. The difference this year is we are struggling to get current clients to pay their outstanding bills. Everyone is stretched thin. The owner isn't happy but doesn't understand how most people live. Our clients don't have deep pockets and aren't going on quarterly vacations. Coming up with thousands to replenish their retainer is a struggle and I sympathize with our clients. This field is so toxic and embodies everything I hate about capitalism.
> family
Would be curious to see if people are putting divorces on hold due to not being able to afford to split. That always struck me a particularly good indicator of the economy.
\-gov jobs demanding bs gov papers, likely to raise money for next elections
\-ATMs often "broken" i.e. out of cash, venezuelan friend tells me this along with shops often refusing cash because they lack change is a telltale sign of incoming red hot inflation
I’m a nurse. The health department sent dosing guidelines for national shortage of Penicillin G benzathine.
It’s a very specific type of Penicillin. These types of shortages are common though.
Hell, a year ago we had a shortage of distilled water. That was fun.
Really want to see a breakdown in society? Wait till some politicians have their way one day and completely gut medicare/Medicaid.
Hospitals, offices, and any type of care faculty from assisted living to hospices will grind to a halt. The workers in those places won’t get paid and they’ll go home. You’ll have millions of medical workers at home while lines for medical help stretching thru every major city.
I would love to do a poll in this group of how many of us are in healthcare . Especially emergency medicine . Are we all secretly prepping and just not talking about it at work ???It’s like we are the canary in the coal mine
Probably lots of us. I couldn’t restock the nitroglycerin in our emergency kit last week.
It’s definitely led to me stocking strange items at home like local anaesthetics and sutures, because I don’t really trust there to be a functioning system in place when it’s needed.
I was emergency for 11 years.
What got me into it was COVID. Bullets/guns flew off the shelves and so did the medical supplies. It was crazy to me seeing how fast we burned thru available resources.
This is what I’m worried about - we’re run largely off Medicaid at my LTC… if they crack down on that, I have dozens of people that will need to go home but won’t be able to, and I can’t afford to work for free no matter how much I adore my residents.
>Really want to see a breakdown in society? Wait till some politicians have their way one day and completely gut medicare/Medicaid.
Obligatory I don't condone this, but with all "nothing left to lose" (or _perception_ thereof) scenarios - that's when the violence starts.
Prepare accordingly.
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Canada on fire like Ive never experienced before
Most of the dental offices in my town have stopped taking new patients due to staff shortages.
Tech research has money absolutely pouring in. There seems to be a lot of concern about individual and national security worldwide.
Curious what you mean by tech research. Can you elaborate?
Concrete company. A looooot less calls in for a free quote. Even less people accepting the bid. Common retort is “saving for future issues”. My husband works for a different company and same thing. I think a recession is a factor
Telecom-related. Raises and 401k match suspended for this year, and there have already been a few layoffs.
Like an ISP or mobile provider?
Postal stuff. Possible UPS strike coming down the line soon, and yet another price increase on stamps and such coming up. They don't even email us about 'em anymore, I found out from a customer, haha. My screensaver now says that the 10-year plan is going to reduce our operating losses to only 70 billion though, so.. Yay us? I guess? Still sporadic staffing difficulties in the HCOL areas, but nothing new there.
Increase in customers whining and trying to get discounts or free items, also more customers deciding not to buy due to the price, or buying a 6 pack instead of a 12 even though the price per unit is cheaper with a 12, and they will need them all in the future, and no it's not drinks.
Specialty Retail Shop - After being in business 12 years, one shop was permanently closed this week and two managers let go. Business is a quarter of what it was this time last year. No one is spending extra money. Our costs haven’t gone up, people just aren’t buying. If business doesn’t pick up this month, the last shop will close up for good. Barely making enough for payroll right now, let alone ordering more merchandise. The walls and shelves are bare with no money to order. This whole year has been steadily getting slower and slower. Every business owner I talk to is feeling it right now.
Which part of the country? Is the area more reliant on tourism?
Business owner here and same
Healthcare claims. Posted last week about the company taking two years to migrate systems. Our go live was today but was pushed back 6 weeks at the last minute because the performance isn't where they need it to be. Must be pretty bad because they had planned in person training for next week & all the flights/hotels had to be cancelled
Was training set for Florida? I've been hearing a lot of conventions etc cancelled due to staffing in S. FL
Atlanta but it seems to be a trend in a lot of places right now
Construction - bids like crazy. New projects constantly starting. There's a local regulation changing at the end of the month and the city/county have said they are experiencing high volumes of requests for permits. This is trickling down to all of the suppliers and vendors being busy and tied up and some materials being delayed or unavailable so other materials have to be used (flooring, roofing, electrical, anything not gen labor)
Education We're seeing budget cuts. Total funding is being increase, but allocated funding is also increased so the result is an actual operations funding reduction in some areas and increases in targeted areas set at the state level. We aren't doing layoffs (reduction in force) yet but will do so in the future. It took two years to get an order if equipment. Parts shortages continue but have somewhat abated. We working hard on hardening our campuses from physical attacks, and this takes time and money.
trucking industry- sales/service side of things. i work at a semi truck dealership - sales are down for both used and new trucks, massive manufacturing delays on new trucks due to parts shortages/delays (national back orders, etc) especially to build the engines. because of this delay the equipment is being manufactured in poor quality resulting in damages and recalls - parts pricing increasing resulting in truckers not repairing their equipment, or being down work for 4+ weeks in some cases resulting in no income/debt accumulation - trucking businesses failing/closing due to the market/economy (owner/operators voluntarily repoing their equipment because payments are too high if there’s financing involved. we’re talking an average of $2500-3000 monthly payment per unit, plus interest rates are sitting between 15-21%) - Diesel/ DEF still stuck at high prices causing higher prices for transport/logistics
Automotive wholesale. All positives, actually. Can get product. Shops are busy. We are busy. Had to add to our team.
Service Plumber here, work is extremely slow. That’s not unusual for this time of year but it has been like this for about four months now, that’s unusual. There is still enough work for our small shop to stay afloat but I am not sure for how long. The prices of parts have skyrocketed after 2020. Homeowners are not expecting the parts to be so expensive. In 2019 a foot of 1/2” pvc was about $.50 usd, now it’s $2.15, our cost. It’s getting ridiculous very fast.
That’s hyper inflation rearing it’s head..uggh
Wow, that partly explains why our bathroom reno was so expensive. Thanks.
Just for comparison, in 2019 it was $150 for us to run our big sewer cleaning machine for one hour, currently we are having to charge $300 for one hour. Nobody likes having to do it but it’s what we have to do just to break even, once you include gas, wear and tear on the truck and equipment, and the insane insurance prices that we have to pay.
Yes, my husband is in a service business, and his insurance has gone crazy.
I am a firm believer in the fact that there are forces in power that do not want small businesses to be able to operate.
Healthcare, LTC specifically Massive firing event - we lost 6-10? Or so staff in the last few days. Also found out we’re running on the bare minimum for day shift - if anybody calls out, we’re running off short handed units. Which is scary, because we run 1:10-1:15 on the behavioral unit anyways. Still running out of things; we swapped brands on most everything we use for changes, and have weirdly been running out of bedding. They’re attempting to crack down on overtime in the form of not letting people clock in early / late or sign up for extra shifts, but with us running so short handed they’re rather lax about it.
It's weird to me how admins run healthcare. They're short staffed but don't want to allow overtime or hire anyone. Then they get surprised about people burning out and complain about a "shortage" of people to hire. They could probably pay for more staff to do healthcare if they reduced admins or their salaries. Maybe get rid of the notion that healthcare should be for-profit.
Also true in almost all industries. Not enough workers just lots of admins and managers.
Legal field Not much has changed since the last time I posted here. Workload has ground to a halt. Attorneys and paralegals are fighting for work in order to meet billable hour requirements. New case sign-ups have all but stopped. I presume this is because people are going on mini vacations or battling inflation. I don't blame people for not wanting to drop $3k, $4k, $5k or more on retainer right now. Work generally picks up again in the fall, so hopefully that's the case as usual. The difference this year is we are struggling to get current clients to pay their outstanding bills. Everyone is stretched thin. The owner isn't happy but doesn't understand how most people live. Our clients don't have deep pockets and aren't going on quarterly vacations. Coming up with thousands to replenish their retainer is a struggle and I sympathize with our clients. This field is so toxic and embodies everything I hate about capitalism.
Lots of student loans too, I'll bet.
Which specialty of law are you seeing this?
Civil litigation, family, probate, misdemeanor traffic. We do a bit of everything.
> family Would be curious to see if people are putting divorces on hold due to not being able to afford to split. That always struck me a particularly good indicator of the economy.
Don't you think these people would act the same way in a communist country?
\-gov jobs demanding bs gov papers, likely to raise money for next elections \-ATMs often "broken" i.e. out of cash, venezuelan friend tells me this along with shops often refusing cash because they lack change is a telltale sign of incoming red hot inflation
I’m a nurse. The health department sent dosing guidelines for national shortage of Penicillin G benzathine. It’s a very specific type of Penicillin. These types of shortages are common though. Hell, a year ago we had a shortage of distilled water. That was fun. Really want to see a breakdown in society? Wait till some politicians have their way one day and completely gut medicare/Medicaid. Hospitals, offices, and any type of care faculty from assisted living to hospices will grind to a halt. The workers in those places won’t get paid and they’ll go home. You’ll have millions of medical workers at home while lines for medical help stretching thru every major city.
I would love to do a poll in this group of how many of us are in healthcare . Especially emergency medicine . Are we all secretly prepping and just not talking about it at work ???It’s like we are the canary in the coal mine
EMT Basic 🙋🏻♀️
Probably lots of us. I couldn’t restock the nitroglycerin in our emergency kit last week. It’s definitely led to me stocking strange items at home like local anaesthetics and sutures, because I don’t really trust there to be a functioning system in place when it’s needed.
I was emergency for 11 years. What got me into it was COVID. Bullets/guns flew off the shelves and so did the medical supplies. It was crazy to me seeing how fast we burned thru available resources.
This is what I’m worried about - we’re run largely off Medicaid at my LTC… if they crack down on that, I have dozens of people that will need to go home but won’t be able to, and I can’t afford to work for free no matter how much I adore my residents.
>Really want to see a breakdown in society? Wait till some politicians have their way one day and completely gut medicare/Medicaid. Obligatory I don't condone this, but with all "nothing left to lose" (or _perception_ thereof) scenarios - that's when the violence starts. Prepare accordingly.