Students Struggle with Unemployment and School Budget Cuts

The blog School Budget Cuts explains the current situation that is affecting students from the CSU system: tuition costs are increasing in the CSUs due to budget cuts. Students not only have to face the increase in tuition costs, but they also have to deal with a high percentage of unemployment. Because of unemployment, many students will not be able to pay their now increased tuition expenses, which will result in a higher percentage of college drop-outs.

Prepare Financially for Unemployment

Even if you are currently employed, you must take measures to save more money and spend less. Because of this recession, you can be the next person to become unemployed. Therefore, you must prepare yourself in case you lose your job. Nona Robinson gives suggestions on how to do this on the article Prepare Financially for Unemployment. Just keep in mind that you need to stop spending money on unnecessary goods, try to pay off your credit cards and try not to use them unless you lose your job, and consider other options for generating money.

Marketers Face Battle Against the Fear Factor

Marketers are in panic trying to restore consumer confidence. Even though people are less scared to shop than during the depth of the recession, consumers continue to be cautious about how they spend money. Joe Fernandez mentions in the article Marketers Face Battle Against the Fear Factor that unemployment has increased 7.9% causing consumers to lose confidence in the current market. Therefore, marketers need to start thinking of new methods outside the box to gain consumers’ trust and increase consumer confidence if they really wish to sell their products.

Unemployment’s Effects on Children’s School Performance

This crisis has caused a big domino effect and this effect has come to impact even children. The sight of seeing their parents being insecure about their future and seeing the financial strains that this unemployment crisis has causes is enough to evoke a child to fall emotionally unstable. A sight of emotional instability and stress in children can be measured by their academic performance. Rachel Emma Silverman of the Wall Street Journal Reported ,"9% of children whose parent has been laid off is will repeat that grade ... children have a 15% greater chance to repeat a grade when a parent is laid-off".

Unemployment May Be Hazardous To Your Health

RONI CARYN RABIN of the New York Times reported that workers who lost their jobs for no fault of their owm were twice as likely to fall ill with high blood pressure, heart disease, and diabetes. This comparison was made with those who were still employed. As the rate rises so do the health risks.

Safety In Recessionary Times

Geraldine Sealey wrote a thought provoking article called, "Will Recession Make Cities Dangerous Again?". This article brings up some common sense that people desperate to make a living will resort to unlawful means to obtain them. The writer notes that violence has gone up, but other reports have shown crime going down for the year. Even though the data seems to be conflicting, this year is not over yet so the data has not yet been complete, which may be the descrepancy between years. There is still no confirmation to whether this has corelation to unemployment, but there is a good chance to find a link.

Does Employment Effect Mental Health?

According to JOHN M GROHOL article, "Recession? Mental Health Use Has Doubled." People who have lost their jobs have a decreased demand for products and luxuries, but have taken in more demand for health related services. Although this seems obvious, the immense increase in services and drugs have increased more rapidly than expected. This trend shows that that more people may have been layed off than reported and even more people who have their jobs have degrading mental health. Overall, take a look at this chart to get a better idea.