The good news: the unemployment rate finally appears to be falling and people you know are getting jobs. The less great news: you aren’t one of them, and even if you’re enjoying your funemployment, this shift is creating a bit of a rift.
Whereas it was easy to find camaraderie amongst recently laid off friends and colleagues at the beginning of the recession, that unity is becoming strained for some now that more people are finding jobs and leaving their unemployed buddies behind. Without anyone to commiserate with or take part in events like the Unemployment Olympics, the prospect of funemployment becomes a lot less, well, fun…
What you need to know today to survive and thrive in the recession.
Just as many children of the Great Depression learned to hoard money in their houses, today’s children will develop financial habits based on what they learn from parents coping with the recession. (Chicago Tribune)
With nearly one of 10 U.S. workers unable to land a job in the current economic conditions, some unemployed cubicle warriors with sudden free time are succumbing to wanderlust. (USA Today)
The recession is causing some unhappy couples to rethink their marital situation, since a costly divorce would only further deplete already-shrunken assets. (Wall Street Journal)