DISQUS

Investing Adventures: Unexpected Job Loss in August

  • Susan · 2 years ago
    With all those mortgage layoffs, I can't say I'm surprised.
  • Jorge · 2 years ago
    Yeah it's not pretty. My fiancee's dad lost his job as well (was given 60 days to find a new housing contractor to work for). Both industries are not the best places to be in right now. Then again it looks as if it's extremely hard to find any jobs right now. My fiancee just graduated with her B.A. and has spent about 2 months looking for a job.
  • Susan · 2 years ago
    Ugh, that sucks. Think there is a recession to come?
  • Jorge · 2 years ago
    You know, I honestly can't say. My instinct from my economics class back in high school (has it been over 7 years already?) is that we're already in a recession. The fact that we lost jobs last month isn't promising. Even if the government does something, the average time it takes for the economy to feel it is roughly 6 months I believe.

    I think that's the problem with being involved with such economics, especially if you're at a federal level. My understanding is that you need to be proactive, a fortune teller even. If you don't act before the actually acting is needed, things can go down the drain rather quickly.

    I knew I should have listened to my mother. Kids, when you go to college, don't change your mind about what you want to do. Go with your first instinct!
  • Randi · 1 year ago
    Jorge, i agree with you about "Go with your first instinct"

    Randis last blog post..Tips and Advice Before You Donate A Car