We’re being told to only invest in cash. To hold off on property. Interest rates are bordering on ridiculous and while the dollar is slowly climbing, we seem to have a propensity for feelings of despair.
Even with a fresh $900, burning a hole in the jeans i haven’t washed because i don’t want to waste too much laundry detergent, there’s still an air of worry, a mood of concern about.
So this week I set out to do something about it, I knew there must be an upside to the downturn and was determined to find it. What i found was a myriad of articles chronicling the happy side and upward trends that a recession brings us. And more, I learnt A LOT, which always makes me happy and, for the next few weeks, the lamest guy at a dinner party, sprouting off all my new found stats to anyone within earshot.
So, without further adieu:
#1 The Recession Culture
NY Mag shows us that ‘No money changes everything, from murder rates to museum attendance, from career choices to what you eat for dinner. And not all of it for the worse.’
#2 The Lipstick Theory
The New York Times gives us some fascinating insight into why you can follow a recession trend by watching lipstick sales.
#3 When Unemployment Becomes…Well…Employment
The Times again comes through with some awesome stats about the unemployment rates and how close they actually are to the number of jobs available. In February, 4.8 million workers were laid off, and yet, some 4.3 million were hired!
#4 Forced to Switch – When Getting Laid Off Pays Off
The Wall St Journal gives us insights into the world of freelancing with some very interest piquing statistics.
#5 How Has the Recession Affected Dating? – In A BIG Way!
In times of need, people have a heightened desire to connect and to share their money woes. Looks like we’ll all be going Dutch on dates from here on out!!
Discuss in the comments : Have you seen other evidence of good things coming out of the recession?