January 19, 2009

Rich People Are Now Poor Too!

Apparently there are other people, not just desperate souls like me, who are selling their coveted belongings in order to turn a quick buck these days! We should feel really terrible for this Australian dude , James Packer, who had to put his ($50 million) yacht up for sale, is no longer getting a private jet, put [...]

January 19, 2009

Job Losses in Cities Might Turn Into Urban Flight?

We gave you the bad news this morning that NYC and L.A. are projected to be the WORST cities for job losses in America this year. I wonder if the massive job losses in cities will cause a scattering of the population into rural areas—a sort of reverse urban migration? Or, maybe urban populations will [...]

January 19, 2009

God Bless Amerika!

New York magazine reports  that DC-area prostitutes and drug dealers “have a dream” about making big bucks during Mr. Obama’s inauguration festivities this week. Despite what I previous thought, DC is ready to live it up hardcore, with bars open until 5 am and several hundred parties planned. Some truly amazing posts are listed, my favorite so far [...]

January 19, 2009

This Bites

At Saturday’s U.S. Conference of Mayors, AP reports  that New York City will likely have the MOST  job cuts in the country during 2009, forcast at 181,000! LA comes in next with 164,000 jobs expected to be lost this year, partially because the drastic decline of home prices stilted the California economy. Miami follows with 85,000 lost [...]

January 19, 2009

Unemployment Benefit Systems Overwhelmed

Now this trend is really disturbing and a sign of our times.  About two weeks ago, New York’s unemployment benefits system became overwhelmed, and all the people who lost their jobs were unable to claim unemployment because the website wouldn’t process their requests.  A distressed friend who told me about it via Google chat even [...]

January 19, 2009

Happy Martin Luther King Jr. Day!

January 19, 2009

Today in Layoff Land

66 Florida probation officers laid off Excela Health to lay off 70 AMD to cut 1,100 staff At least 200 job cuts expected at GM engine plant Stora Enso to ax 5,000 jobs BC Ferries cuts 35 Ameri-Tech layoffs impact about 100

January 19, 2009

Unemployement and Taxes

It’s almost that time of year and it’s time for us to start thinking about it as our W-2 forms start showing up in our mail boxes.  Yes, we still have to file our taxes, but did you know that several things can be deducted, from job hunting costs and transporation to certain moving costs?  [...]