When Getting By Gives Out

TentCitySnowFlickr.jpg
"Make a Fire Boys" courtesy of Seattlest Flickr Pool member lachance

Sightline has a scary post up about the end of unemployment benefits, and how a big dip may be in the works in the economy--and rehiring--doesn't kick in soon.

It's worth considering, because while unemployment is a lifesaver for anyone unceremoniously booted from the office, it's only temporary. And in years-long downturns, the choice it provides people--to just hang on and see if things improve--can actually leave them worse off than when they were first fired.

When your unemployment goes for the mortgage or rent, other bills don't get paid. And by the time unemployment runs out, there's usually no savings left for a move to "where there's jobs." Then the car goes, or the house.

Yes, it's summer and things are bound to turn around.

But the simple fact is that, in the U.S., there's not much between one year of joblessness and homelessness. In fact, the first condition leads pretty directly to the second.

Email This Entry


Post a comment (Comment Policy)

Tips

About Seattlest

Seattlest is a website about Seattle. More

Editor: Regis Lacher Publisher: Gothamist

Contribute

Latest Tip:

In Woodinville there's a hole-in-the-wall charcuterie named Bill The Butcher which has the most outl
[more]

Latest Photo:

Recent Comments

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Seattlest.

All Our RSS