Recession Briefing 7.15

Recession Briefing 7.15

Recession Briefing 7.15

The XX Factor
What Women Really Think
July 15 2009 12:02 PM

Recession Briefing 7.15

More than half of executive-level job seekers think the recession has been good for their children, as a lesson that opportunity will not be handed to them. ( Reuters )

Buoyed by some positive forecasts, Daniel Gross is ready to call an end to this whole recession thing. ( Slate )

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Marion Maneker wonders whether our culture of narcissism unleashed the boom - and thus the recession. ( The Big Money )

A new survey from Zagat finds that New Yorkers are cooking at home more as a result of the recession . A similar survey in the U.K. found the amount that Brits spent eating out had dropped for the first time in 40 years. ( New York Daily News , Times of London )

Love at all costs?: Japan’s so-called "love hotels" are proving relatively immune to the recession. ( BBC )

The recession is keeping some older workers on the job beyond the time they intended to retire. ( Philadelphia Inquirer )

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President Obama made clear yesterday he expects unemployment to keep worsening for a while as hiring lags behind other signs of economic recovery. ( Associated Press )

To take advantage of the shift in consumer behaviors and thrive in the new, post-recession economy, Kimberley Palmer suggests you consider making these 10 changes. ( U.S. News & World Report )

Many homeowners with higher-price loans don’t qualify for mortgage modifications under the Obama plan , and can’t refinance to get lower rates even if the owner is struggling. ( USA Today )

The 5,000 auto-parts suppliers across the country are struggling to survive in the aftermath of the massive downturn. 600 suppliers could go under over the next two years. ( Washington Post )