It has been up and down here in our neck of the woods in Alberta. Low oil prices have had a chain reaction and led to a slowdown. Projects have been put on hold, or less emphasis to get done soon. This has shown up as loss of bonuses, reduced work and loss of jobs. Things were humming along so nicely and someone put the brakes on.
Is it time to panic? I don't think so, but it should be time to reassess. For those who have felt the sting of layoffs, no or much lower bonuses, there are adjustments that need to be made and some of them are time sensitive.