Will the global recession affect the job market for research? - (Jan/29/2009 )

Huh! One striking thought - does that mean I was actually lucky to restart my PhD studies? When I finish, the recession will be over and I will be competing with people who have three years less lab experience. PI will say: yup, she's heck old, but she can do stuff neatly and has papers (hopefully). <optimism mode on>
Minnie, go to Poland! Apply for a stipend. We'll love having you there.

Telomrase on Feb 3 2009, 01:08 AM said:

I still found there were many advertisement for post-doc or academics. I don't think the global recession affect the reserach field a lot.

I think the global recession won't effect academic research this year because the money has already been allocated. Next year, however will be a different story. If the recession gets worst, than next year grants will be scarce and academic jobs will be harder to find. I think industrial jobs will be first hit.... probably seeing waves in that sector right now.

perneseblue on Feb 4 2009, 01:44 PM said:

I recently read a paper on Naturejobs that in the US there is already the problem that lots of people coming from industry come back to academic jobs including project management. And they are more likely to get a job as most of them have done a MBA or something similar while working......
So if the recession gets worse grants will decline but people applying for them or jobs in the projects will get more......

The goverment here announced big cuts in science and research budget as the most expendable. Really thanks for that.
Which is almost the only source of funding for research here. Two national grant agencies are to be canceled soon and goverment will only help through the huge crazy EU grants. Megalomania comming.
Not a very happy pespective.

Hi,thanks for posting. definitely global recession will affect the job market for research.not just research but the entire dept. Here in asia unemployment for newly graduates are a fast rising prob to the government.




Regards,
pinikiso
Placement financier

This is obviously digging up a dead thread. But 5 years later, I think it is pretty obvious that the recession severely hurt the bioscience job market.