Depressing Numbers

 I just heard the news on the radio that the economic reports sound very depressing. With the Ukraine war and other trade wars, it doesn't look good. Back in the company, collection is also very slow and poor. What will happen? Will things be ok?

Jobs at Risks

Technology is slowly stealing our jobs. It's true. Although it's good to go digital and do away with manual paperwork which is now more convenient considering that we now work from home and we should rely on cloud computing, it would also mean we would need lesser people or even nobody to take care of the manual processing of documents. For example, we used to have to print forms for our claims and attach our receipts which will then be manually processed by humans who would check the paperwork and then input into the system so that reimbursement can take place. With digitalisation we can now scan the receipt, enter the details on an eform and the amount would automatically be posted into the accounting books for recording. So then what would happen to the people who used to process those manual paperwork?

The older folks are very resistant to be given new tasks to do or get reskilled. In fact, training them is very hard when they have no interest to learn at all but here they are bitching about how bad the management is etc. Also not everyone can get assigned ot a job that they may like. Or there might not even be a new job to be assigned to at all. Where would these people go from there? Getting employed  in another company is harder when the person is not so young. Here in our country, employers are still not to willing to take in older workers considering age, experience and even salary costs. 

We all live in fear each day not knowing what will happen next. Plus the economy is not doing well and there is a war and global weather issues and natural disasters. Is the end of the world really coming. We don't know.  

Inflation and Job Insecurity

The prices of things are going up. Overall I think businesses are slowing down too. There is so much of uncertainty ahead. Even investments are down and it is not a good sign. But I would say this is also a good time to invest if you have the spare cash. Ironically, this is a time that people would be scared to put their money down for investments. So I guess the bottom line is there must be money set aside for investment when the time is right and the timeframe could be unpredictable so one must be prepared.