unemployment

Financial Crisis hits Students

When the Dow dropped another 700 points yesterday I joked with my friends that I was lucky because I was already poor so it really couldn't get much worse.

The truth is, despite the impoverished life of a post-grad blogger, even students who don't yet have to pay their loans back are having a hard time making ends meet, getting student loans, and even grants and scholarships.

The federal government pledged a $700 billion bailout to help Wall Street recover with the hope that normal American's would receive a trickle of what they get at the top. It is no surprise that Millennials are also feeling the effects of the financial crisis and that those effects will continue to also trickle down.

My Last Day of Work

My Last Day of Work
By David Glenn Cox

How could this happen to me? My sector, my department, had always been the best in our employee evaluations. In every category we scored in the highest possible percentile; efficiency, timeliness, loyalty, patriotism, and yes, even in dogma, we were number one. So how could this happen? It must be a mistake, that’s it! A mistake, I’ll send them an Email, requesting an evaluation of pending efficiency and productivity improvement.

A Better Deal

Demos is hosting a great conference this week that will address some of the economic concerns that new workers are facing in this unpredictable, unstable, and darn near frighting economy.

A Better Deal: Reclaiming Economic Security for a New Generation will be May 8-9th, 2008, at The Liaison Capitol Hill in Washington DC. While this is a schlep for many folks there are scholarships and stipends available for need based folks interested in this topic. It would be wonderful if I could attend but ... alas... I cannot. The good news is that Mike Connery at Future Majority will be live blogging the conference and I'm sure there will be helpful multimedia available after the fact.

Happy Tax Cuts for the Super Rich Day!


Ahhh tax day. The wonderful day where we all get to hear republicans justify tax breaks to the top 1% of the income bracket.

The Economy can Bite Me

So apparently the economy is super awesome for new graduates according to ABC News.

"The entire process was intimidating," Shawn Basak a soon to be Northwestern grad said. "It was nerve-wracking, given the state of the economy, which compounded the fear and pressure."