How am I Going to Feed My Kids? Unemployment in the middle of a career

You just got the news. “We’re sorry, but we’ve been forced to make some cuts lately and…” You’re sitting in traffic and wondering what you’re going to tell your spouse. How are you going to pay the mortgage, buy groceries, keep up with car payments…? What about your children? Continue reading “How am I Going to Feed My Kids? Unemployment in the middle of a career”

Historic Unemployment in America: How the current unemployment picture compares

This is the longest that the U.S. has had unemployment over 8% in the post WWII era. We are past three years and three months. The previous record was two years 3 months, between November 1981 and January 1984. Furthermore, this is only the seventh time unemployment has topped 6.5% in that time period.  The longest duration that unemployment has stayed above that mark was seven years, from 1980-87. We are currently approaching four years above that mark. Continue reading “Historic Unemployment in America: How the current unemployment picture compares”

He was Just a Day from Retirement: Unemployment late in a career

After the financial crisis, your retirement savings were cut in half. You’re trying to put your kids through college, you still hope to retire someday, and you’re trying to figure out how to rebuild your life’s savings. And now, to top it all off, you just lost the job you spent the last 30 years pouring your heart and soul into. Continue reading “He was Just a Day from Retirement: Unemployment late in a career”

Coping with Unemployment: How to get back on the horse

Unemployment is a reality that millions of Americans face every day. Unfortunately, this trend doesn’t seem to be going away any time soon, so the unemployed have to find a way to deal with a difficult situation. Whether it’s finding an interim job, collecting unemployment benefits or hitting the job fairs, there are many ways to get by. Continue reading “Coping with Unemployment: How to get back on the horse”

Retirement is a New Fad

The first precursor to modern retirement occurred in 1883 Germany when Chancellor Otto Von Bismarck announced that he would pay a pension to any non-working German over the age of 65. During this time, in America around 76 % of those 65 and over participated in the labor force. The rate was down to 43.5% in 1940, after Franklin D. Roosevelt invented Social Security. Now it stands under 17.5% Continue reading “Retirement is a New Fad”

Redefining Retirement

Between the financial crisis, taking care of your kids, taking care of your parents, home equity losses and the increased cost of health care, retirement has changed in America. The picture has changed from lobster dinners to peanut butter and jelly. The reality is that this isn’t a temporary cutback; people are faced with a complete lifestyle change which will follow them into retirement years. Continue reading “Redefining Retirement”

Into the Great Unknown

What makes a person leave their friends and family and strike out into the unknown with nothing but the clothes on their back and a dream? The spirit of entrepreneurship is deeply American, from the pilgrims to the western expansion. Yet with the frontier colonized and most lives comfortable, how can we keep this spirit of innovation and adventure? Continue reading “Into the Great Unknown”