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Recession Briefing 7.6

What you need to know today to survive and thrive in the recession.

Vice-President Joe Biden yesterday admitted that the Obama Administration “misread” the economy earlier this year. (ABC News)

As galleries close and art nonprofits suffer from cutbacks in funding and the loss of support from private institutions, the recession is adding new meaning to “struggling artist.” (Gotham Gazette)

Tens of thousands of laid-off workers have turned to retraining as a lifeline. Yet for all the popularity of these government-financed programs, there are questions about whether they actually work. (New York Times)

The collapse in home prices is finally beginning to hit the country’s wealthiest neighborhoods. (ABC News)

Why the current recession is hitting men harder than women. (Wall Street Journal)

Mounting job losses rattled hopes last week that the economy is on track to grow later this year, showing that prospects for American workers are terrible — and still getting worse. (Washington Post)

With the recession making Americans cautious about their spending, suburban arts and theater groups are working harder to promote their small-town advantages — especially an easier commute and cheaper ticket prices. (USA Today)

The economic recession has reversed a 20-year decline in world poverty and is likely to add up to 90 million to the ranks of the hungry in 2009, the United Nations said today. (Reuters)

Credit the recession for “staycations” and bringing us more game-night parties at home. But also give it a shout for spurring more first dates. (Associated Press)

American Prospect Editor Robert Kuttner gives three reasons why Americans need an economic wake-up call. (Huffington Post)

If you come across a good article or blog post about the recession pass it on. To receive Recession Briefing in your inbox, subscribe to our daily email.

Tags: artists, Biden, gender, jobs, real estate, staycation