Houses continue to become more affordable, but since nobody has any money or can get approved for loans, ownership has taken a nosedive. [More]
recessionomics
Bad News Cal Bears Ditch Baseball, Rugby, Two Other Sports
By 9.29.10
If you happen to be a fan of the Cal-Berkeley baseball team, enjoy this baseball season, because in all likelihood it’s the team’s last. [More]
The Recession Still Rages In 8 States
By 9.23.10
Although the recession officially ended more than a year ago, a significant chunk of the country is still caught in an economic tailspin with no end in sight. [More]
18 Percent Of People Think Economy Is Just Fine
By 9.6.10
A CNN/Opinion Research Corporation survey finds that 81 percent of respondents say the economy is crap, while 18 percent say it’s “good.” [More]
No One Bought A House In July
By 8.25.10
The longer prospective home buyers continue to hold out, the better things get for them. The National Association of Realtors revealed some gloomy numbers for homeowners: July sales of occupied homes dropped 27 percent, marking the biggest month-to-month decline in the four decades in which the organization has tracked the figures. [More]
How To Get A Job In An Awful Economy
By 6.3.10
It’s pretty pathetic that the job market has been pathetic for so long that authors and publishers have had time to address the issue in books, but such is the case, which is why Ford R. Meyers, has penned Get the Job You Want Even When No One’s Hiring. Here are some of his tips for landing a summer job, which is really crucial for those who haven’t had spring, summer or fall jobs: [More]
Want A Job? Head To North Dakota, Just Bring A Sleeping Bag
By 4.22.10
North Dakota is bucking the downsizing trend by overflowing with jobs — many of them in the oil industry — the New York Times reports. Problem is, the state doesn’t have adequate housing to keep up with would-be carpetbaggers. [More]
If You're Looking For A Job, That Facebook Profile Can Only Hurt You
By 4.6.10
CNN manufactured a trend story about young professionals hiding their Facebook statuses so snooping prospective employees can’t find anything to eliminate them from job consideration. The story is based on a Microsoft survey that finds hiring managers use the site to dig for dirt on applicants. [More]
When It Comes To Chocolate, Ain't No Recession
By 1.7.10
When the world goes into an economic downturn, it turns to chocolate. According to a report from London market research firm Mintel, chocolate sales rose in several countries, especially in China (18 percent) and the Ukraine (12 percent), as well as a more modest 2.6 percent in the U.S. [More]
2009: The Year Free Office Holiday Parties Went Bye-Bye
By 12.24.09
It seems the recession has robbed office workers of their traditional venue to blow off steam for free. Anecdotal evidence from the all-seeing eye of Twitter has found that a significant number of office parties have disappeared altogether or gone pay-to-play, Budgets Are Sexy reports: [More]
How To Win Your Local Job Fair
By 9.17.09
The anonymous, newly unemployed personal finance blogger behind Well-Heeled with a Mission put together a timely, helpful guide on how to avoid wasting your time at job fairs and actually come away with the experience with some positives rather than feel as though you’ve wasted your time in a cattle call.
You May As Well Start Saving For Christmas Gifts Now
By 9.14.09
A money-saving-themed blog called, well, “Money Saving Blog,” chooses not to gripe about the Christmas Creep and instead roll with it, putting together a well-crafted and seemingly comprehensive guide on how to avoid being hosed by the holidays by budgeting for trips and gifts and scaling down expenses as necessary due to economic circumstances.
Some 71 Percent Of Newspaper Advertisers Stick Around
By 8.28.09
Enough with all the negative news about the newspaper industry. Let’s get positive, folks. For instance, instead of parroting this Bloomberg report that newspaper revenue plunged by 29 percent last quarter, let’s emphasize that 71 percent of advertisers stuck around.
Financial Crises Are The New Babies — Have One To Save Your Marriage
By 7.17.09
At first glance, an awful economy would seem to be bad for marriages, since money squabbles would presumably lead to more fights. But divorce filings are down 50 percent nationally according to an Associated Press story.
Bail Yourself Out By Draining Water Costs
By 7.17.09
If Kevin Costner’s epic cinematic vision is to be trusted, water will only continue to get more rare and pricey, even as we move closer to a world of melted polar ice caps.
When The Going Gets Tough, Data Plans Get Going
By 7.9.09
When financial whitewater starts rocking your raft, the first things you start to bail on are your “wants.” That would encapsulate cell phone data plans, a MocoNews story on the Washington Post site reports.
Recession Is The Grinch That's Stealing Independence Day Fireworks
By 6.17.09
Hoping to snap out of your recession-borne funk by kicking back and enjoying some fireworks July 4? If so, you’d better hope you don’t live in one of the 40 locales that have canceled their fireworks celebrations due to budget concerns.
On The Rise: People Blowing Up Their Own Cars
By 6.8.09
Nothing salves buyer’s remorse like a match in a fuel tank. Citing National Insurance Crime Bureau figures, a Los Angeles Times story says car owners are resorting to nefarious means to put an end to burdensome car loans. In the first quarter of the year, suspicious fires or arson were up 27 percent for the first quarter of the year and cases of intentionally destroyed cars shot up 24 percent.
