The school secretary's husband was laid off a few weeks ago. A girl in E's grade's dad was laid off last week. E's best friend's father escaped his company's big layoffs this week, but he warned that another round was rumored for January, and, sure enough, the front page of today's paper confirms the rumor. He thinks he's going to be OK, but his wife lies awake at night worrying.
I parse our situation every single day. So far, aside from the same hit as everyone else on retirement funds we won't need for a long time (that is, the same hit as everyone else who even has a retirement fund), we're OK.
I think S will be fine. His boss owns three restaurants and the other two are tanking, so he is the golden child at the moment (and likely will continue to be, due to structural characteristics of his restaurant and the fact that he is really good at his job) (KNOCK WOOD).
I am fine till June 30, when my two big contracts end. One, which is in good financial shape, has assured me that there will be work for me next year; the other, which has already laid off one person and decided not to replace a second, has pointedly assured me that they will not try to alter the terms of my contract this year. I know a coded warning when I see it.
I can't say I lie awake--mainly because I am again completely exhausted and fall asleep most nights before I even get to bed--but I do think about it every single day, always appreciative of how lucky we are at the moment, always anxious of what the future will bring.