All Posts Tagged Tag: ‘Recession’
Though the U.S. was hit hard by the recession and the popped housing market bubble, generous infusions of government money have managed to begin turning the numbers around. Employment numbers are slowly rising, though income remains largely stagnant. Wall Street is back on its feet, though that won’t mean much for a majority of Americans. In all, economic indicators are …
Jobless benefits expired for more than 1.3 million Americans on December 28, 2013. Since that date the total number of long-term unemployed Americans has increased to 1.4 million. The issue was raised today in the U.S. Senate however Republicans and Democrats could not reach an agreement on the best course of action for determining long-term jobless benefits. According to Senator …
NPR announced on Friday that it will attempt to reduce its staff by about 10% through voluntary buyouts, in order to balance the budget. NPR is a very popular source of news and entertainment for many people, and it is sad to hear of news like this. Hopefully people will not have to miss out on too many of their …
Student loan forgiveness is a hot button issue in America right now and there are many voices on each side. One side believes that given the state of the economy and the vanishing of middle class job opportunities, we need to shift towards a more forgiving approach such as loan forgiveness or Income Based Repayment (IBR). On the other side …
I probably don’t have to tell you that people are looking for ways to make extra income in this economy. Luckily there are ways you can get extra revenue out of sites you already have.
A Google spokesperson tells WebProNews that the company is seeing more and more people doing just that. "We’ve also been seeing regular people capitalizing on changes in consumer behavior (ie, more people searching for recipe sites and therefore stay at home mom’s creating recipe blogs as a result)," he says.
Employees in the U.S. seem to overwhelmingly share a "it won’t happen to me" attitude when it comes to losing jobs. Glassdoor.com has released results from a survey, which found that 4 out of 5 employees have no concerns about being laid off in the next six months.
GlassDoor breaks it down into two categories – companies that have reported upcoming layoffs, and companies that have not:
Personal experience speaking: The top three questions a Target employee is likely to hear relate to the location of the restrooms, the location of the seasonal section (Christmas, Halloween, etc.), and – at least in Kentucky – whether or not the store sells cigarettes. But new Hitwise data indicates that inquiries about layaway may become more popular.
It’s more than a little ironic, but WebMD isn’t looking too healthy; the company has cut its 2008 financial outlook. On the bright side, there’s a possibility that this is only WebMD’s problem, as opposed to something representative of the online economy.
I had my next few purchases all planned out – a nice alarm clock, a new TV, and a big bookcase. Then signs of a recession began to pile on, and setting aside extra mortgage payments started to seem like the better idea. Many companies are thinking similarly.
An interesting article in the New York Times today – Is It a Recession? Marketers Seem to Think So – highlights how that the marketing industry is ramping up spending, even if this might be a recession (and, well, we cannot say we are in a recession yet, according to statistics).
According to the article:
It should be the Frau Blucher of words and if we believe in that marketing genius that was "The Secret" we shouldn’t dare throw it out there. Nonetheless, the braver the media gets at using the "r" word, the more people are searching for it.
Thus, they’re all putting the energy out there like seeds and are waiting to reap the harvest.
Recession. There, I said it, now let’s get on with it.
Whether it’s true or not, we’ve heard it again and again: online advertising will do all right in a recession. Now there’s more evidence to support the statement, and also a sign that a new-ish factor – the writers’ strike – is helping online ads.
I was talking with a group of business associates the other day and one question popped up that was of particular interest. “Is everyone finding that sales come MUCH slower these days?” The answer from all on the call was a resounding yes! The next question won’t surprise you… “What do we do about it?”
Enough with the doom and gloom. So the economy is not as strong as we would like it to be. If you decide to curl up into a ball and just accept the worst, then you’ve already lost. You might as well just close up shop now.
But a downturn in the economy isn’t the end of the world. What perpetuates economic dips is the reaction business owners and consumers have to it. People clam up and act like this might be the big one; the end of capitalism as we know it. That attitude is what spawns recession.