Not the best news

As I said, our company announced they were laying off 10% of the workforce. There have been layoffs over the past 2 weeks. Turns out that represents 25% of the 10% - so the majority of layoffs will be in January according to the latest info.

So, my job is still very much in the air. They are saying unemployment may continue to rise until 2011. Given my rather specialized advanced degree, coupled with the probable job losses locally as a result of Wachovia being bought, and I forsee a very tough job market.

SO, yes I am worried. Very much. I'm looking into potential options (lateral entry into teaching - my salary would be cut in half but it would be something until things improve), substitute teaching.

If I do get laid off next year, I'll get a couple weeks of additional benefits. We checked and we can transfer our benefits (health, dental) over to my husband's company.

I guess I'm trying to prepare for the worst and hope for the best. It's gonna be a long winter.