Are you worried about losing your job?
September 26th, 2008 at 12:13pm Georgette Braun
Even with the sky-is-falling warning from President Bush about our economy and my meeting last week with my financial advisor to find my retirement savings are down 14 percent from a year ago, I still have yet to make big changes in my lifestyle.
I’d already cut down during summer driving across town to shop unless really necessary because of high gas costs. And I’ve been trimming the amount of money I’m giving/spending for gifts. I still eat out occasionally because I no longer have a houseful of people to feed.
But now I’m getting spooked again with yesterday’s news that unemployment in the Rockford metro area was the highest in 17 years at 9.5 percent.
Now this CBS news writer is telling me (and everyone else) some things we should do, just in case more shoes drop: “Prepare to Lose Your Job.”
Entry Filed under: economy
1 Comment Add your own
1. hokumboy | September 26th, 2008 at 2:33 pm
At the rate health care, food, and transportation costs are rising my job as “old retired guy” may very well be in jeopardy.
My pension is stable but as of now our investments are losing $$$ at a much faster rate than they ever earned it. I shudder to think of what times would be like for the average American if the Republicans had won their battle to dump Social Security and tie everyone’s retirements to the stock market.
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