Did you hear the recession is over? And has been for a year? As the blog Death and Taxes wrote this week: The recession is over. It is official. According to The National Bureau of Economic Research (NBER), our “Great Recession” lasted 18 months, beginning December 2007 and ending June 2009. Monday’s announcement from the NBER probably came as a…
My second job after college was at the weekly South Lyon Herald. We covered a small town in southeast Michigan like a big, wooly blanket — as the education reporter, I did a two-page spread on prom, for example. My editor there was Maria Stuart. It feels like ages ago for me, as I’ve moved numerous times, both my home…
Hip Slope Mama, a Brooklyn-based blogazine led by a friend of ours, turned me on to the 3/50 project with this recent post from contributor Mark Caserta. Since last September, business along Park Slope’s commercial streets has fallen off significantly and my store, 3r Living, has struggled to stay afloat in these difficult, uncertain times. Of course, many of our customers are feeling…
I’ve already seen numerous takes on the “laid off workers decide to pursue new path” story. I blogged about it a while back, linking to a few versions the Times had done, including focusing on white-collar professionals deciding to become disc jockeys. (Why that career and not massage therapists or sign-language translators? Who knows.) A story in the Washington Post…
Whether there’s a shared sense of the narrative of the recession, or perhaps some collective wishful thinking, certain stories seem to be popping up frequently: The recession is causing Americans to re-examine their consumerist spendaholic ways Layoffs are prompting Americans to pursue new, more fulfilling career paths I think the common thread in both these themes is a hope that…
New York magazine recently had a thought-provoking cover story with the teaser headline “New York Without Money.” Its headline asks us to consider: No money changes everything, from murder rates to museum attendance, from career choices to what you eat for dinner. And not all of it for the worse. Writer Jennifer Senior shares a number observations about the supposed…
