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What Embarassing Items Do You Buy Online?
A recent Fast Company study showed that, even in the midst of the recession, online purchases have continued to increase. The study showed that 154 million people, which is almost half the entire US population, bought s… -
Are You on Salary Freeze?
When the economy tanked, the company I worked for put all of its employees on salary freeze. In the midst of lay-offs, pay cuts and a failing job market, this seemed like a lesser of most evils. After all, as everyon… -
Unemployment Rate Dependent on Income
Although we have declared that the recession has officially “ended,” our national unemployment rate hovers around 10% with many more people underemployed or unemployed and not looking for work. But, shockingly, there… -
When it Comes to Finding Work, "Normal" is Relative
Thus far, 2010 has not been the better year for finding a job that we were hoping for. Recessionwire reports that the average worker currently spends 30.2 weeks looking for work before getting hired—that's 17.5 weeks… -
Nobody Wants to Miss Work for Jury Duty
Money concerns and an unwillingness to miss work have made many jurors reluctant to fulfill their legal duties, The Los Angeles Times reports. On trial in California faced a group of jurors so resistant that the lawy… -
The Who's and Why's of Strategic Defaulting
A couple of weeks ago, I posted about strategic defaulting, a growing trend where homeowners underwater in their mortgages enter into foreclosure before it is financially necessary. For many people, strategic defaulti… -
Oops!! Estimated Jobs Lost Since the Recession Started - Off by 1 Million??
The latest article from CNNMoney states that job losses during the worst part of the recession may have been much worst and severely underestimated - and may have been off by as much as a million jobs lost (8 million… -
Booze News: Americans Are Paying Less, Drinking More
A while ago, I posted about how alcohol is my primary financial vice, and it seems I'm not alone in recognizing the potential danger in this fanciful liquid. The Los Angeles Times reported that Americans drank mor… -
Employment Fraud: Beware of Bogus Checks
The Los Angeles Times recently published an interesting article about employment fraud, a problem that has been on the rise since the beginning of the recession. At first, most of the common schemes involved chargin… -
Are You Applying to Too Many Jobs?
I was watching a friend of mine apply for jobs the other day using what I can only describe as the Brute Force Method, a strategy I have also employed. Under BFM, you apply to zillions of jobs (found on Craigslis…
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