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While watching televised highlights from the Olympic Games in Vancouver, I heard a memorable line from an insurance firm’s commercial: “Will this be known as the great recession or the recession that made us great?” This is good marketing copy and also a profound question. We are, indeed, looking out on a wintry economic landscape, and we are deeply concerned about our students and many others who are struggling to make headway with employment.
For nearly two decades, Eric Olsen was solidly employed as a manager in the high-tech sector. But, last year his employment streak ended when he and 1.7 million other Americans were laid off.1
Four Strategies to Maintain Momentum
Nothing in the economic corner of our culture elicits more collective fascination than the stock market. Media attention, conventional wisdom, parental advice, folklore, and scandal all seem to work overtime when it comes to “the market.” U.S. equity markets at the dawn of the twenty-first century are unique in terms of the broad participation of individual citizens—both the wealthy and middle class.
Layoffs add stress. You may decide to find a new, more stable job. If not, these tips may help: