Have you been a victim of the recession? Have you had to make cuts in spending or changed the way you live? Do you think it's over or do you think there's more pain to come.
Yeah, I was laid off in August. I have been half-heartedly looking for a job, but fortunately I have some savings and investments to help carry me for awhile, since there really isn't much available right now. I used to work the job fairs as a hiring manager, and now the one I went to and the others that get covered on the news each time have many more times the amount of applicants show up than normal. I don't need to fight that battle yet.
We, of course, have made some cuts to make the emergency fund last longer, but we were fortunate to have already reduced several monthly bills including the mortgage over the first few months of the year. Things just fell into place, so we've been lucky in that regard.
I do not think it is over, and I do feel that things are going to get worse on the whole. There may be pockets of recovery, but other areas are going to continue to suffer or even decline further.
by cliffordh6 years ago
I was one of many individuals yesterday that, was disappointed in the Senateâ��s refusal to fund emergency unemployment benefits for millions of Americans across the country who, were in desperate need of it, using...
by Ladyfoxx3215 years ago
With the unemployment statistics in the double digits, the housing market at an astonishing low and businesses failing, how have you changed your spending habits or has the recession affected you? Other than...
by MikeNV6 years ago
"WASHINGTON (AFP) – The US economy is "gradually" improving after the financial crisis, US Treasury Secretary Timothy Geithner said in an interview on NBC News' "Meet the Press" program, to be...
by uncorrectedvision5 years ago
It should be obvious to the objective that the programs pursued by Barack Obama have failed. Unemployment grinds on at over 9% , even as the ranks of the hard core unemployed, no longer counted in that figure,...
by aka-dj8 years ago
Due to the economic woes we are in, many people seem to have stopped (or at least cut back) spending. Are you one of them?The worst thing about all this is that it becomes a self fulfilling prohecy. We are told that we...
by Sherry Hewins4 years ago
Have you lost your home, your business or your job. How are you coping?
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.