Layoffs in the “Slump Belt”

In his blog today, Paul Krugman linked to a story from the New York Times about the sad economic plight of Columbia, South Carolina.  Krugman uses the term “Slump Belt” to describe the region of high unemployment (7.0% or above) extending through states from the Midwest to the South, and including North Carolina.

North Carolina’s unemployment rate has risen dramatically in the last six months, increasing from 5.9% in June to 7.9% in November.  The November figure is the highest since 1983.

But while layoffs remain the way most employers respond to financial pressures, some are actually beginning to resist layoffs and look to other ways to trim their budgets.  This article, also from today’s New York Times, describes alternatives such as four-day work weeks, unpaid vacations, wage cuts, and so on.

Greensboro Public Library has a variety of books which deal with the topic of unemployment — everything from how economists view job losses as an economic indicator to books which describe your rights when misfortune strikes.

Here are just a few titles:   Fired!:  Tales of the Canned, Cancelled, Downsized, and Dismissed by Annabelle Gurwitch; Fired, Laid Off or Forced Out!:  A Complete Guide to Severance, Benefits, and Your Rights When You’re Starting Over by Richard C. Busse; Bait and Switch: The (Futile) Pursuit of the American Dream by Barbara Ehrenreich; You’ve Been Fired: Your Rights and Remedies by Margaret C. Jasper;  The Economist Guide to Economic Indicators:  Making Sense of Economics; Landing on the Right Side of Your Ass:  A Survival Guide for the Recently Unemployed by Michael B. Laskoff; and The Effects of Job Loss on the Family by Michele Alpern.

Please also keep in mind that we have plenty of resources to help you hunt for another job.  Check out this Greensboro Public Library blog post from December 8th.

Advertisements

One Response

  1. […] is one of those “Slump Belt,” or old manufacturing states, that, while not suffering so much owing to the mortgage mess, has […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: