economic downturn
Young people face harder economic challengesPosted by RJ and Makay on Nov 10, 2011 |
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Teens and adults under the age of 24, particularly those with little or no college education, are facing severe economic challenges in the face of a continuing weak job market, economists say. Americans in that age group who lack a college degree have an unemployment rate of 16.7%, more than twice the rate for workers age 25 and up.
Women altering spending habits since downturnPosted by RJ and Makay on Oct 17, 2011 |
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The economic downturn has profoundly affected the financial habits of women, with more than 50% saying that their spending and savings habits had changed forever, according to a Citibank Economic Pulse survey. 71% of American women believe that the downturn has not hit bottom yet, though 61% say they remain somewhat or very optimistic about their personal situation in the coming year.
The Talmud
