Hostel Travel Gets Even Cheaper

Those of you who are experiencing funemployment and traveling on the cheap may be interested in a deal that HostelBookers is promoting this season. It’s offering big discounts on already crazy cheap hostels in warm-weather locations like Miami, Lima, and Cancun. Discounts start at 20% and…

Poor Isn’t Where It Used to Be

Where does poverty live? In the U.S., we think of it existing in rundown rural trailer parks or dangerous inner city neighborhoods. Today Zachary Roth digs into the the rise in suburban poverty brought on by the recession. More poor Americans now live in the suburbs than in cities. That may especially be a problem because “many suburbs may not be as well set up as urban areas are to provide much-needed social services,” he says.

Coping with Long-Term Unemployment

Heading into a yoga class in Miami last week, I met a woman who was also from New York. Like most of us, she walked fast and talked fast. But even for a New Yorker she seemed a little…on edge.

She worried aloud about whether she was experienced enough for the class, worried about where she was going to go next, worried about the apartment she’d bought in a neighborhood she didn’t like.

During our conversation it emerged that she’d lost her job a couple of years ago and was still unemployed. I sensed that her jobless state didn’t cause her sprawling anxiety, but it did seem possible that it was part of a dreadful spiral—unemployment feeding unhappiness, making it harder to find a job, which caused more unhappiness…

Is It Waste or Is It Wealth?

One of the upsides of the recession is that it cut back on the amount of unnecessary spending in America. We were shelling out too much for clothes, appliances, video games, cosmetics, car accessories—you name it. And then we were spending on stuff to store all the stuff we’d bought but didn’t have a place for.

But all that stuff, ironically, has been a boon in the recession, argues Virginia Postrel in an interesting Wall Street Journal story this weekend. When we had to cut back on spending, we could turn to our personal storehouses of tee shirts and tube socks…

The Toughest City to Find a Job

Miami has a lot going for it–sun, Art Deco style and carb-loaded Cuban food. But just try finding work there.

A new report from job search engine Juju.com ranks the job search difficulty in 50 US cities. Washington DC is the locale where you’re most likely to score a gig–it has 1.18 unemployed people per advertised job opening. Miami, meanwhile, comes in at the bottom of the batch. For every job ad, there are more than nine people looking for work. Check out the rest of the rankings…

Recession Lexicon: 99er

99er n./ a person who has gone through all 99 weeks of unemployment benefits.

This is one of the sadder definitions in our recession glossary. According to a story in the New York Times several days ago, the Bureau of Labor Statistics estimates that by June, 1.4 million people had been out of work for at least 99 weeks–the maximum time you can collect unemployment, even with all the extensions that Congress has tacked on to give people more of a safety net in tough times.

Let’s put that a different way: A population almost the size of Philadelphia has been out of work for nearly two years…

Free Financial Bootcamp

Since 2009, LearnVest has been providing sharp and seriously useful money advice for women. Now, the site has launched a series of email bootcamps to get readers ramped up financially. The investing unit costs $7.99, but the Cut Your Costs and Personal Finance Basics …

80 Percent Off Restaurant.com Ends Today

A couple of weeks ago, we wrote about the huge money-saving deal at Restaurant.com. It’s ending today–so get 80 percent off dining gift certificates ASAP, with the discount code PLATE.

Economists Pessimistic About the Rest of 2010

From today’s New York Times:

Many economists — concerned about the sluggish pace of job creation, dwindling housing activity and decelerating retail sales — say that slowdown is continuing this summer and have recently downgraded their expectations for the second half of the year.

Read more here.

10 Tips for Social Networking Your Way to a Job

It’s not just a load of Web 2.0 hype—you can find a job using social networks, according to Brad and Debra Schepp.

“ We’ve spoken to many people who use LinkedIn, Twitter and even MySpace to find jobs—regular 9-to-5 jobs or consulting gigs or freelance work,” says Brad, who with his wife authored How to Find a Job on LinkedIn, Facebook, Twitter, MySpace, and Other Social Networks.

I get pitched a lot of job-hunting books. Most of them should have been made into pamphlets instead. But after my first glance through the Schepps’ book, I quickly made a few adjustments to my LinkedIn profile—and I’m not even looking for a job. Here are ten of their tips for getting the most out of social networks.

Get on LinkedIn

The site has become so widely used, that if you don’t have a profile…