This week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.
- A fellow blogger faces the job hunt: One Frugal Girl says she’s searching for a new job. I wish her luck!
- Can you make money online? Free Money Finance says you can make money blogging. Fake Steve Jobs says he couldn’t, but Copyblogger says you can, if you know how.
- More Money, More Problems: Bank of America boss Kenneth Lewis was issued a subpoena, according to the Wall Street Journa,l over their purchase of Merrill Lynch.
- Can you make it on 60 grand? This family is and MSN money outlines their story.
- Job Search 2.0: The AP’s guide to finding work in the internet age
Times continue to be tough. I’m not job hunting, but I am not making what I used to. I took a 20% pay cut when I had to find a new job this year. I’ve written about wage stagnation before, and that brought to mind something awful. I make less now than I did in 1999. It’s a fact. Sure, I write software and it was the “internet bubble” back then, but I thought after a decade, I’d at least be back to where I was.
The fact is that I’ve kept my skills sharp, but have never made as much as I did then, even in the best years. Outsourcing has hurt, but I also believe that our last period of growth was fueled largely by bad banking and the growth was as much a mirage as a reality.
What do you think? Let me know in the comments below…
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