Filed under: In the News, Recession, Weird | Tags: begging, homeless, laid off, lay offs, Recession, us economy
Image courtesy of daylife.com
A former executive in New York has the bright idea of passing out his resumes while wearing a sandwich board that says “Almost Homeless: Looking for employment. Very experienced operations and administration manager.”
Paul Nawrocki, who was laid off in February, worked in the toy industry. His wife is disabled, his daughter’s tuition is at stake and he says he’s running out of money.
Nawrocki is one of thousands losing their salaries, as companies across the nations make cuts to afford costs. If a former executive with decades of experience can’t find a job selling his pride on the streets, it doesn’t leave much hope for the soon-to-be-college-graduate typing out blog posts with a mediocre grade-point average and thousands of dollars in student loans. Where’s that call girl who got that senator in trouble? Didn’t she make almost a million dollars a year? Does she have a business card?
Check out the CNN article of this sad man here.
Filed under: In the News, Politics, Recession | Tags: cause, crisis, economic, economy, effect, of, on, unemployment, us, us economic crisis, us economy
“It’s unbelievable. We’re well on our way to the worst recession of the postwar period.“–Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Bloomberg.
“We have recorded the largest decline in consumer confidence in our history.“–Richard T. Curtin, director of the Reuters/University of Michigan Survey of Consumers, which started its polling in the 1950s. New York Times.
“You can’t get much uglier than this. The economy has just collapsed, and has gone into a free fall” –Richard Yamarone, Argus Research in New York. BBC News.
“There are no quick or easy fixes to this crisis, which has been many years in the making, and it’s likely to get worse before it gets better.“–President-elect Barack Obama.
“Do you know the difference between a recession and a depression?
A recession is when your neighbor loses his job, and a depression is when you lose yours.”–Someone’s elderly neighbor. Radio Free Europe.
“These numbers are shocking.” –Economist Joel Naroff, president of Naroff Economics Advisors. CBS News.
“US jobless figures confirm economic meltdown.“–United Press International headline.
