 |
|
|
|
 |
SSSanchez
Junior tranceaddict
Registered: Dec 2008
Location: Toronto
|
|
|
| quote: | Originally posted by Irishaddict
My industry is booming in this economy. I realize I am one of the lucky ones.
Although I firmly disagree Graham was hinting at any sort of sense of entitlement with his post, I definitely believe one exists with my generation. A university degree is fantastic and will elevate you above colleagues I completely agree, but success is cemented by hard work, hard hard hard work. I am so tired of new associates coming into my office like they own the place, only to leave 3 months later because they're not getting the silver spoon they thought they were entitled to. Humility and work ethic go a looooooooong way.
rant over |
I do not disagree with anything that you have written; my sentiment is similar. However, instead of soaking in hubris, perhaps look at how global the world has become and how there are structural changes in the economy, industry and employment...a lot has changed even in the last 5 years. Perhaps at the time, the decision to pursue a university degree looked promising, and that they based their decisions at the time with that information on expectations. Again, hindsight is always 20/20. Perhaps they should have pursued a job with the TTC collecting tickets for $120K p.a. (with overtime)? It's hardly skill developing and interesting, but great income, stability and benefits. This option certainly looks far better than having a university degree with no employment opportunities.
|
|
Jun-10-2009 14:44
|
|
|
 |
 |
legendary_waz
Supreme tranceaddict

Registered: Oct 2005
Location: Mississauga, Canada
|
|
|
Jun-10-2009 17:03
|
|
|
 |
 |
miketg23
Senior tranceaddict
Registered: May 2005
Location: toronto
|
|
|
| quote: | Originally posted by 5hiftn6ears
You're only talking about high rise construction...there's still commercial, institutional, residential, service work etc. And where there is a lull in people buying new, a lot of them have turned to renovating they're existing home...in turn picking up the slack of lost "new" construction. This has been one of my busiest years tbh. |
Read the post people. Major construction will feel the brunt of this recession some time next year if things do not pick up fairly soon. Most current projects have received their financing and will be completed. Others, such as the jobs I listed have been delayed and/or are on hold. Shangri la, Ice Condos, Fly, and Minto (currently still on hold) are also seeing similar delays. Like I said, and this is public information, not one new permit has gone through the city of Toronto this year for a condo development. The opening of sales office does not mean a building will be built. They still need to sell roughly 2/3 of their units prior to breaking ground.
The mars project is institutional, which, as a whole could actually see increase of work due to the fact that their budgets are often funded by the government. Low rise residential construction is at it's lowest in at least 10 years. You forgot to mention industrial, which like commercial, is strongly affected by the economy. If banks, factories, stores etc continue to see less profits, there will be less money to use on capital expenditures such as construction of new buildings, plant upgrades, major renovations.
The stability of the maintenance sector and a possibly increase in home renovations will not carry the construction sector as a whole, and it takes longer for construction to recover than almost any other field of work. If you disagree, ask any of your coworkers about the early 90's
|
|
Jun-10-2009 20:59
|
|
|
 |
All times are GMT. The time now is 02:06.
Forum Rules:
You may not post new threads
You may not post replies
You may not edit your posts
|
HTML code is ON
vB code is ON
[IMG] code is ON
|
|
|
|
|
|
Contact Us - return to tranceaddict
Powered by: Trance Music & vBulletin Forums
Copyright ©2000-2026, Jelsoft Enterprises Ltd.
Privacy Statement / DMCA
|