I’ve never realized how bad the economy was until I’ve been informed by my boss that last friday the DOW plunged to almost below 7000. I still didn’t understand that. He explained the gravity if the DOW really did go down below 7000, the economy will crash and burn. But came Monday the DOW bounced back and gained points. The economy is regaining slowly but still there are lots of losing companies. Watching the stock exchange on TV, I thought everything is getting better since I’m seeing a lot of green arrows instead of red. However the last time I saw JP Morgan, its stock was still down…arggghhh….I hope it doesn’t have the same fate as WAMU.

Of course with the economy crisis right now, jobs are being cut left and right. In our dental office, lots of patients are not scheduling for their dental appointments because of lack of funds or their insurance benefit has been cut down. Thank God our office still manages to have a full schedule everyday. We never fear that we’ll be out of jobs.

But the reality and impact of the economy has struck me when my coworker informed me that my boss won’t hire another assistant after I leave. I was alarmed and surprised because work can be overwhelming when there’s only 1 assistant. Just think of juggling front desk work, scheduling, room prep, sterilization, inventory, office cleanup, etc. It really boggles the mind – if I was in her position I would go insane in a week! And I am sure that my boss knows that work can be too demanding because there were plenty of times when my coworker has taken absences and I was brought in to fill in for her when she couldn’t do all things by herself.

My coworker frankly asked my boss why she is planning not to hire an assistant. My boss replied that because of the economy being bad right now, she won’t know how much income the practice will bring in. Hmmm…so that’s what it is….

I have not truly grasped how bad the economy is. When my bank went bankrupt, I’ve no trouble after since my money has just been transferred to the company who bought the bank. I somewhat feel that the prices are going up but not that much since I budget my money really well and I don’t pay for rent and utilities so I have money to spare. I guess if my responsibilities are to get bigger then will I start worrying about all this economic hoopla.

Related posts:

1. Wall Street Now
2. Office Brat
3. My bank will survive?????