Most layoffs occurred in March or very early April.

Many layoffs are coming.

Not sure where you are but for a good project manager the pay seems a little light at least in my area, unless this is a low cost of living area I'd expect inexperience in this hire, although with current layoffs you may get lucky.

Houston is a very oil dependant economy and their companies are starting to have some major lay offs due to oil prices. 40% of all new jobs created since 2010 in Houston were energy related.

I'm not exactly afraid of commitments as far as finances go, but working a job just to keep on top of bills your always Just-Over-Broke, and your exhausted when you get home and you always want to get some rest so your prepared for a better(or easier) day at work the next day, elsewise you'll be first in the cross-hairs on the at-will list for companies to lay off or fire.In the last 2 weeks, I'd say I've accumulated about 100 hours worth of searching real estate ad's, reading books on real estate, forums and the like, and I am leaning towards an FHA 203k loan, or something similar such as owner financing.As it is right now, I am set to start my new J.O.B. next week, but I am expected to work nearly 70 hours a week my first few months there.I think a "stupid" question is far better than making a "stupid" decision!

I have helped him with all aspects of his work, so when this last lay off came up all of a sudden, it was time to make a move.

@Jonathan Halliday good for you on jumping in, but sorry for the layoff.

Layoffs have already started in the oil industry but I've heard that the oil companies are expecting prices to bounce later this year so layoffs may not be as heavy as they could be if prices continue to stay low for a while.

They will know the local code, the political players and hot buttons, and what you should push hard for vs. lay off of in negotiations.

Second, they lay off staff.