Recession Briefing 8.11

Recession Briefing 8.11

Recession Briefing 8.11

The XX Factor
What Women Really Think
Aug. 11 2009 11:16 AM

Recession Briefing 8.11

Statistics whiz Nate Silver thinks that the recession likely does not have enough gas left to push the unemployment rate up to 10 percent. ( FiveThirtyEight )

As a result of disproportionate male layoffs in the recession, women are coming close to representing the majority of the national work force for the first time in American history . ( New York Times/ Economix )

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Several U.S. cities these days are accommodating the homeless and their encampments, instead of dispersing them. ( Wall Street Journal )

Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home. ( New York Times )

Last popularized during the Great Depression, scrip, or locally created stand-ins for U.S. currency, is making a comeback. A handful of communities across the U.S. have launched its own money in recent months. ( Los Angeles Times )

It always takes a while for jobs to start appearing after a recession, but the wait could be particularly long this time around because of the unique nature of this downturn and the severe damage it has done to the labor market . ( Associated Press )

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A new study indicates that the recession’s wreaking havoc on hotel, airline and rental car loyalty programs - and the members who love their perks. ( USA Today )

Ten quirks, neuroses and idiosyncracies that are completely acceptable during the economic downturn. ( RecessionWire )

Don’t let your romantic life suffer from lack of funding. Here are some tips for dating cheaply in the downturn. ( New York Examiner )

Women, it seems, are dealing with this recession a little differently than men. Specifically, they are cutting back on spending more than their male peers. ( U.S. News & World Report )