In the past couple of years we’ve heard (and talked) a lot about The 99ers, a group of jobless Americans, unceremoniously known as “99ers” because of their inability to find work prior to the exhaustion of the maxim mum 99 weeks of unemployment benefits and extensions. But the term 99er is now twice as likely to apply to older workers, according to a new report from The Huffington Post’s Arthur Delaney, proving once again that the struggling economy is impacting more mature Americans than anyone previously thought.
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Jen Jones's blog
North Carolina's Public News Service sent out a friendly (and timely) reminder this morning, as reporter Stephanie Carroll Carson warns "Don't Let Scams Spoil Your Holiday Spirit:"
As we officially fling ourselves into a new financial outlook for fall, it’s worth remembering that the nation just exited the economic equivalent of another shared “summer of our discontent,” during which the overall sluggishness of the American economic season sparked further concerns about the state of domestic job creation and the broader domestic (and global) financial outlook.
Have you heard the story of Edith Oquendo? Unfortunately, it’s a common tale. According to The Huffington Post, Edith Oquendo wishes she could file for bankruptcy. “When Oquendo, a resident of Kissimmee, Fla., left her job as a photographer at Walt Disney World after she developed carpal tunnel syndrome, she decided she would go back to school "to better" herself.
We realize many of you may have found yourself considering bankruptcy because of a scarcity of employment options in your neck of the woods. But in our current economic environment, more and more people are seeking solace from an array of miserable jobs they were forced to retain in the post-recessionary uptick, full of less-than-stellar positions, emboldened bosses and income gaps the size of the Grand Canyon.
North Carolinians know: Cary is so very…special. This town in the heart of North Carolina's Research Triangle boasts one of the lowest crime rates in the nation, AAA bond ratings from Moody's, and an unemployment rate below the country's average.
In these tough economic times, debts can stack up like piles of bad laundry, with beleaguered borrowers just like you struggling to clean up your burdened budgets. This is especially true for folks who are experiencing a sudden economic setback such as being laid off from a job or an unexpected medical emergency, sending them through no fault of their own into an endless cycle of unpaid bills.
Cutting back on spending when you’re facing (or currently in) the bankruptcy process—even if you’re a parent—is a mandatory part of the whole debt dispensation ordeal. In short: if you are to be successful in (and out) of your bankruptcy, you must attempt to cut back, even if you have kids, if only to begin making better spending decisions for you and your family, just as you’re wiping away your burdensome debt through your bankruptcy.
Remember the recent foreclosure crisis when dubious mortgage practices— including widespread document execution fraud, misrepresenting fees, forgeries on signatures for your key mortgage documents, and making deceptive statements about efforts to correct paperwork—became the norm, not the exception, for many a major mortgage lender from the West Coast to the East Coast?
Just as many Americans had begun to believe the worst of the economic downturn had passed, some experts are saying that the nation’s economic recovery is the Weakest rebound since The Great Depression. According to a new article from The Huffington Post, “Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years.