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Recession Briefing 7.20

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

As they ride out the economic recession, some American rodeos are bucking the hard times while others are sitting on the fence. (Associated Press)

540,000 Americans will exhaust their unemployment insurance benefits by the end of September, and a whopping 1.5 million will run out of coverage by the end of the year. (National Employment Law Project)

Federalism, often described as one of the great strengths of the American system, has become a serious impediment to reversing the downturn. (New Yorker)

College graduates from the class of 2009 who have been able to find jobs are landing starting salaries comparable to those offered a year ago, a new report finds. (South Florida Business Journal)

Check out this interactive map showing which states have been worst-hit by the unemployment crisis. (Huffington Post)

Surprisingly, Americans are feeling less stress from debt these days. (Associated Press)

The way the term “recession-proof” is tossed around these days, practically the entire economy seems to qualify. But, in truth, no job is immune. (Chicago Tribune)

A look at behavioral economics suggests that changes in consumer habits are for the long haul. (Adweek)

The skittishness about a recovery from the current recession may stem from the concerns that unemployment is so pervasive that the notion of a “jobless recovery” is no longer compelling. See also: Recessionwire’s tabs on the various predictions. (Daily Finance, Recessionwire)

Are the states hit hardest by the recession receiving the least stimulus money? (FoxNews)

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: debt, economy, jobs, recovery, rodeo