I’m not sure if we are headed toward a recession or not.
I was reading a news article on how to prepare for a recession. One of the ways to prepare was to realize your salary or hourly pay might be reduced.
I remember last the recession of 2008, and how hard it was to find a job. I also do remember my hourly pay decreasing. Many employers got rid of healthcare insurance and tuition reimbursement.
This recession is different. There are still staff shortages. There is the pandemic that is still around. I’m also not sure those nurses that retired are willing to come back to work. I remember they sure come back to work in 2008.
Personally, I can’t afford a pay cut with the inflation prices.
