Economists expect an already deep recession to get even worse in 2009 according to CNN.  Companies will lay off more workers and hoard more cash during the next 12 months, according to the National Association for Business Economics survey, a quarterly take from a panel of economists at private-sector companies in various industries. A vast majority of the 105 economists polled believe the country’s gross domestic product will continue to sink in 2009.

That deeper recession is probably what is facing us all around the world, including Canada and the UK.   The BBC has a large compendium of ways to help you better cope during the recession.   It covers:

• Savings
• Mortgages and Repossessions
• Redundancy
• Debt
• Pensions
• Looking for a job

Here in Canada another study by a leading expert in balancing work and family life emphasizes that employers and the government must repair the work-life balance.  Linda Duxbury, a business professor at Carleton University’s Sprott School of Business, points out that Canada may not pull out of an economic slump unless governments and employers deal with the crushing workloads that are forcing a growing number of Canadians to delay or have fewer children.

Hopefully the Canadian Budget that is revealed by the Conservatives tomorrow will include policies that support working families in getting the economy rolling again.

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