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Tag Archives: recession
The Skinny On Recovery
Tricks are for kids and Republicans. Here’s the real deal on the effects of the American Reinvestment and Recovery Act signed by President Obama. They say a picture is worth a thousand words but I only need one for this: wow.
Tagged American Reinvestment and Recovery Act, economics, economy, federal stiumulus, recession, stimulus
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In Hard Times, Love Blooms
Recent anecdotal evidence suggests that people are not dating less because of the recession; instead, online dating sites are reporting double-digit growth in use. Love, it seems, blooms in hard times. People’s defenses tend to dip. They don’t want to worry about money alone. They have a heightened desire to connect. Yeah, you could go online and try to find your soul mate. Or, you could join MYD for its many happy hours, or walk for AIDS and meet a cute Democrat later this month. Check out the new section on the Times’ City Room about how to survive the recession in one of the most expensive cities on the planet.
Tagged recession
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Photo of the Week: Aww Yeah…
Brooklyn’s Homage shows its support during these tough ecomonic times. [Join MYD's Economic Committee here.]
Recession’s Front Lines: Libraries
“I guess I’m not really used to people with tears in their eyes,” said Rosalie Bork, a reference librarian in Arlington Heights, a well-to-do suburb of Chicago. “It has been unexpectedly stressful. We feel so anxious to help these people, and it’s been so emotional for them.” more: Paul LeClerc, president of the New York Public Library, said résumé writing had become a major use of library computers, and every librarian in the system had received training in how to better assist patrons conduct job searches. The 40 million visits to New York libraries over the past year, he said, is the greatest ever in a 12-month period. Downturn Puts New Stresses on Libraries (NY Times)
Tagged crime, public libraries, recession
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The Big Ugly
All about the state budget in Albany this week and it’s been dubbed “the big ugly” by legislators. With a $3B+ hole to fill, taxes are going up and services are being cut. Some of what appears to be on the table: – A deal to avoid big fare hikes and cuts in transit service in New York City, a plan the MTA board adopted Wednesday (and has been met with fierce criticism)…that could infuse the debt-riddled public authority with cash. – A “bigger, better bottle bill” that will expand nickel deposits for bottled water to raise revenue (much as is currently done with cans of soda or beer) and encourage recycling. – A $16 million [cut] from the state’s … More >>
Tagged Albany, bottle bill, mta, nys budget, recession, rockefeller, taxes
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Brace Yourselves
Compelling anecdote from a professional resume writer about the continuing flood of highly qualified yet suddenly unemployed Americans… I’ve interviewed dozens of job seekers in the past couple of months, from the recently laid off Starbucks store manager to vice presidents of Fortune 1000 companies. Some are seeking their first resume in a decade. Some want to replace two part-time jobs with one full-time job with benefits. I can usually tell when a company is about to announce layoffs because their managers start calling a couple weeks ahead of time. Almost every one tells me that they’re not getting calls back, despite having great credentials. Read the Rest (Daily Dish)
Tagged economy, recession
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