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Recession Info Center
Staying Employed in the Recession >>  Are you one of the many people who are afraid to be a victim of current economic
downturn? There are ways to secure your position within the company even if your company is downsizing.  In some cases...

When is the time to start looking for a new position? >>  Are you wondering if you will be next on the list for layoffs?...

Unemployment benefits >>  Unemployment insurance programs provide temporary benefits for qualified individuals who have
been out of work through no fault of their own. It is paid by employers and taxed from employees’ paycheck....

Job search >>  Searching for a new job during the ongoing recession is not easy. There are many obstacles: greater competition,
lower demand for labor, and the general frustration that sets in after a while when you look for job without any results....

Making money during recession >>  There are ways to make money during recession. Examples abound of businesses that are
able to take advantage of the current situation. It is no secret that while many retail businesses have suffered this year....

Going back to school? >>  Returning to school during the recession is an option considered by many. Many career counselors
encourage recently laid-off employees to go back to school. Additional training and education is always valued and is likely to
become even more valuable in the coming decades. However, before applying to a new program, consider the pros and cons...

How to save on car-related expenses >> Car-related expenses can end up to a big sum, and during hard economic times, it is just
an additional burden on the family. Below you can find some suggestions on how to reduce your car-related bills.

Reducing your car insurance bill >>  There are many ways to shrink your budget expanses.  And car insurance is one of those
expanses. Here are some suggestions to take into consideration:

Debt reduction >>  Given the ongoing economic downturn, taking control of your debt has perhaps never been as important. In
some cases, debt is the result of thoughtful spending on necessities, such as housing or education. In other cases, debt results from
simply too much unnecessary spending. The following are a few tips provided by our viewers....

Reducing family costs >>  Here are a few suggestions on how you can cut costs: 1. Talk to your family: You can not really start
cutting your family costs unless you talk to the family members. No everyone, of course, need to know all the family financial
details, but everyone has to know the reason behind the new budging plan and the importance of it.  It is hard....

Refinancing >>  At rates below 5.5% on a 30-year fixed-rate mortgage, mortgage rates haven't been this low in nearly 40 years and
that has made many homeowners think of refinancing. The following is a non-exhaustive list of things you should consider...

Planning for retirement >>  Given the recent losses in the stock market and the ongoing crisis, many are dealing with the problem
of having to withdraw money from their retirement accounts while suffering losses, which leaves them with less capital to
participate in the market recovery perhaps later in the year or in the coming years....

401(k) >>  401(k) accounts, or as some have recently aptly referred to them 201(k) accounts [:)], provide a number of advantages:
1) When you contribute to your 401(k) account you receive a tax break because contributions come from your income before taxes,
which lowers your taxable income...

Debt reduction >>  Given the ongoing economic downturn, taking control of your debt has perhaps never been as important. In
some cases, debt is the result of thoughtful spending on necessities, such as housing or education. In other cases, debt results from
simply too much unnecessary spending. The following are a few tips provided by our viewers....

How to save on car-related expenses >>  Car-related expenses can end up to a big sum, and during recession and hard economic
times, it is just an additional burden on the family. Below you can find some suggestions on how to reduce your car-related bills.

Reducing your car insurance bill >>  There are many ways to shrink your budget expanses.  And car insurance is one of those
expanses. Here are some suggestions to take into consideration....

Money saving habits for recession >>  Here are a few money saving tips to develop which can save you a whole lot during the
recession....

Taxes in recession >>  Many people hire professionals to do their taxes, and indeed in some cases hiring professionals may make
sense. But if you do not fall in a complicated tax category and are not planning to make complex deductions, you can save some
money in this recession by doing it yourself.  Filing taxes for many of us is often easier than we think....

2008 tax tips for recession >> Given the recession, you should try to take advantage of several tax benefits this tax season....

Planning for college tuition >>  Students who are considering applying to college during current recession are faced with many
challenges. Cost of education has risen in recent years. Many believe and predict that tuition cost will continue to rise....

Buying a new house >>  Careful research is as important as it has ever been. Buyers should keep in mind that housing prices are
still falling in many localities. Many still argue that the prices will keep falling at least in the near future because they are still too high
compared to fundamentals like incomes and rents. Having said that, the combination of attractive interest....

Selling your house >>  What sellers should consider:  1. Understanding the pricing trends: In the current market, buyers are
generally in no hurry to close the deal. Understanding the pricing trends in your locality in recent years and developing a good sense
of the direction it is likely to take in the coming months and years can save you a lot of money...

Buying foreclosure properties >>  Buying foreclosure properties may turn out to be a good investment for either professional
investors who want to flip the property for profit at a later time or a first time buyer.  However, it may require a lot of work ....

Facing foreclosure >>  What to do if you are facing foreclosure: If you find yourself for whatever reason in a situation where you
cannot meet monthly mortgage payments, you may receive a foreclosure note from your lender. The best way to come out ....

What is recession? >>  Recession is defined as a period of reduced economic activity. More specifically, in economics, recession
is defined as the reduction of a country’s gross domestic product (GDP) for at least....
    Employment Recession Review
    Recession Tips
    Recent News on Recession and Employment
2008-10 saw a sharp rise in unemployment rates. Since then, the
unemployment rate has declined. Currently at 8.6%, it is projected
to go down in the coming months....
Source: BLS
Unemployment Rate by state as of Oct 2011