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Lessons From Past Recessions

Success

brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? Many wait until after a job loss to sharpen their existing skills or reach out to their network. Beef up your emergency fund.

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Will This Tough Job Market Change Generation Y?

On The Job

With their technology skills and great social networking abilities, GenY ( born roughly between 1980-2003) previously have found employers willing to meet their expectations. Today, more than 50 percent of candidates say they will take the salary offered. But then the recession hit and unemployment soared to more than 10 percent.

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