Skip Nav
Career
8 Female-Led Podcasts to Fire Up Your Professional Life
Money
Fun Ways to Teach Your Kids About Money
Job Search
How to Address Your Firing in an Interview

Effects of the Recession 2010-10-11 08:00:21

7 Baffling Effects of the Recession

Many of us are still feeling the effects of the down economy, even though it was recently announced the recession officially ended in June 2009. Unemployment, bankruptcies, and foreclosures are some expected results of the economic downturn, but some other rather unusual ones turned up as well.

  • Hot waitresses: Apparently the hotter your waitresses are, the more likely it is there's a recession going on. I'm not quite sure what the reason is, but I'm sure you'll have fun speculating.
  • Decline in marriage: The rate of marriage hit its lowest point in over 100 years last year. Maybe people are getting cold feet because of marriage-associated costs. On the other hand, more and more couples are moving in together, perhaps to save costs on living expenses.
  • Recession-themed Apprentice: Most of the contestants are products of the recession — down-on-their-luck contenders who are without jobs. Seems like the new theme didn't really resonate with viewers: this season's premiere had the lowest ratings.

 

For more odd effects of the recession, read on.

  • Shy about office romance: With low job security, people are shying away from starting relationships at work because they do not want to risk their jobs. Proponents of office romances say it helps lessen the number of sick days taken. I guess it depends on how turbulent the relationship is. If you're getting into fights all the time with your partner, wouldn't you want to avoid him at work?
  • Bankrupt Blockbuster: America's favorite video rental store filed for bankruptcy last month. This is both indicative of the recession and the fact that everything is going online these days. It's hard to compete against companies like Netflix, but Blockbuster is trying! The company has secured contracts that enables it to deliver movies 28 days earlier than its competitors.
  • More fake sick days: One-third of survey respondents said they took a day off work when they were feeling totally fine at least once last year. According to the survey, bosses said they think their employees are taking time off due to stress and burnout from the recession. It can be very stressful tightening those purse strings and worrying about your mortgage loan.
  • Bargaining: More people are turning to bargaining to get a better deal. You can bargain hotel rooms, furniture, delivery charges, bank fees, and more! Check out how I bargaining to get a $1,099 couch for just $250!
Around The Web
Join The Conversation
Ways to Appear Smarter During Meetings
Things to Consider Before Accepting a Job Offer
Ways to Relax at Work
Who Is Mayim Bialik?
Tips For Startup Owners
What to Name Your Resume and Cover Letter
How Can I Make My LinkedIn Profile Better?

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Career
All the Latest From Ryan Reynolds