Wednesday, October 29, 2008

打工皇帝

During the time of recession, what's the most important thing for most people? Money? Gold? Shares? Properties? I don't think so. I think it's a stable job that's what matters during the time of recession.

Money can easily be devalued (just look at AUD), Gold (prices have plunged), Shares (do i need to mention it anymore? ), etc. The best way to survive the recession is to keep your job!

At least a job keeps your income flow in. Try not to get into more debts during recession period. However, if you have "extra" pocket money, you can look for bargains to buy. I recently tried 3 new things as well: House, Forex & Shares. He he! Take it as a learning experience!

Keeping a job may not be as easy as it seems. A lot of companies are cutting costs by retrenching staffs, production plants shut down, etc. Australian working hours have also increased to increase productivity but in a costs cutting way.

Australians work some of the longest working hours in the developed world, a study has found. About one in five Australians, or two million people, work more than 50 hours a week, the University of Sydney study shows. The study tracked 8000 workers over five years, through to the first half of the year.

Full-time employees work an average of 44 hours per week and about one in three people want to work less. Despite the long hours, about 85% of workers have debts to pay, the report said. Employment standards have also deteriorated, and many workers are worried about job insecurity and work-life balance. Casual employees face job insecurity but many permanent employees work very long hours.

Paradoxically, many people enter self-employment in order to gain some control over their work but this is the group who are working the longest hours (50 hours a week on average)." More

So, what's the key to be able to last the long boring hours in the office? As Sam Hui would say, 最緊要好玩!

What about those unemployed people now? It's going to be a hard time out there. However, don't be so picky these days. Just get a job first and worry about tomorrow later. It's a matter of survival & gaining experience now.

Now we'll see how the Australian Governments handle the crisis and maintain the high living standards of Australians. We could learn a few things from them! Keep your eyes open people!

By the way, for Christians, make sure your offering do not drop during recession! Keep it up! I've channeled my offering towards the small group ministry previously, perhaps now it's time to move it into a different area. Been looking in sponsoring a child now. Maybe will choose World Vision. The money should be better spent than for our own pleasure yeah? In my opinion, the most important thing is to keep the offering level up, where you offer it is up to you! :D

Honestly, what have been done with the offering monies they received from us? I haven't seen anything yet? No mission, no sponsor, no outreach, nothing. What's more bewildering, we still need to raise funds or put in extra offerings if we are going to do something. For example, printing more flyers, buying multimedia projector, buy bibles, etc. Maybe someone should enlighten us?

4 comments:

Unknown said...

Sponsor me! Sponsor me! Me! Me! Me!

Unknown said...

Recession is really shit! Ruins everybody's planning..But i guess we should b grateful that we still got our job.

HBK said...

Yeah! Otherwise, really eat banana liaw!

It seems the 10 year cycles for the economy hasn't been broken yet! In fact, this time it seems like one of the worst.

Btw, you more "senior" than me lah...how to support you, maybe you should support me to support others? :P

HBK said...

Skilled vacancies in Australia dropped 8.8% seasonally adjusted in October from the previous month and 24.1% from a year ago, new data shows.

The Department of Education, Employment and Workplace Relations skilled vacancies index for October was 78.4 points in trend terms, 22.2% lower than October 2007.

Vacancies fell for all three occupational groups during the month.

Trend trades vacancies fell 3.9%, associate professionals fell 3.5% and professionals dropped 3.9% over the month.

The department said the fall in skilled vacancies was widespread, with decreases in 17 of the 18 occupations in October 2008.

The largest fall over the month was for organisation and informational professionals, down 15.4%. Printing trades dropped 8.5%, and social professionals, 7.3%.

The only occupation recording a rise was marketing and advertising professionals, up 2.5%.

Over the year to October 2008, decreases in skilled vacancies were recorded in all six states.

The largest fall was in Queensland, down 39.1%, NSW, 38.2% and Victoria, 17.1%.

Vacancies in the Northern Territory rose by 0.1%.