unemployment

What's an employee to do? Part 1

Posted 4 weeks 2 days ago by Philip Brewer

Sign that reads: You don't work here. Keep out. Not hiring.

During the recession of 1990-1991, and the period of very slow growth that followed, it became conventional wisdom that it was wrong to try to retain key employees through a slowdown. If there was no work for an employee to do--even just for fifteen minutes--that employee should be let go.

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The weird logic of economic growth

Posted 6 weeks 4 days ago by Philip Brewer

Personal Finance

Ever notice that we have names for a period when the economy isn't growing (recession or depression), but there's no name for when it is growing? If they call it anything, economists and politicians call it a "period of normal growth."

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Left a job? Do a rollover.

Posted 7 weeks 5 days ago by Philip Brewer

Personal Finance

Your previous job is no place to leave your retirement savings

I saw this poster on the window of a store-front brokerage firm office near the grocery store. Although the firm in question has an obvious self-interest in getting you to consolidate your investments with them, the underlying message is a good one.

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Live Like There's No Tomorrow

Posted 36 weeks 2 days ago by Linsey Knerl

Budgeting

Two weeks after my husband had gotten a glowing performance review and his manager sent care packages for all our of our kids, he was told over the phone at a client meeting that he needed to return the rental car by 5:00 and apply for unemployment. I should have been a wreck, but I was prepared.

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Adaptation: Lessons learned from being unemployed

Posted 1 year ago by Lynn Truong

Filed Under: Career and Income, Lifestyle

coffee mug

Almost 3 years ago I quit my 9-6 job to "take a break." I quit not because I hated that particular job, but because I hated the 9-6 part. It also didn't help that my commute was 3 hours round trip and I didn't get paid well. I thought I just needed some time to figure out what I wanted to do. I was still under the assumption that I should be able to find something I loved to do and get paid well doing it. Hell I was even quoted in the LA Times saying something to that effect. Something about my generation demanding more from a job than just job security. We want the works: good location, cool coworkers, fun duties, excellent pay. I suppose I was naïve to think that I could be different and settle for nothing less. On the other hand, I've yet to go back to that life, so perhaps that dream is not so elusive after all. Only time will tell.

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