Story Archives of 'recession'

Redesigning and Rethinking During a Recession

By Laura Knoy on Thursday, November 19, 2009.

Granite State business has been forced to think outside the box in order to survive. We'll see what businesses are doing to adapt to our ever-changing economic times.

Guests

  • Matthew Lowry, editor of Business NH Magazine
  • Jon Greenberg, NHPR executive editor and curator of our Working It Out project

We'll also hear from

  • Arthur Learned, owner of Things Are Cooking, a kitchen supply store in Concord and board member of the New Hampshire Retail Merchants Association
  • Kathryn Underwood, president and CEO of Ledyard National Bank in Lebanon
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Lessons Learned From the Recession

By Laura Knoy on Monday, November 16, 2009.

When the downturn began, the causes were well-documented: consumers drowning in debt, lenders handing out subprime mortgages and banks gambling with money they didn’t have. We said we’d change, but have we? What happens once better times return - will these lessons stick, or are we destined to repeat past mistakes?

Guests

  • Russ Thibeault, president of Applied Economic Research in Laconia
  • Amy Schmidt, Assistant Professor of Economics and Business at St. Anselm College

We'll also hear from

  • Peter Temin, Professor Emeritus of Economics at the Massachusetts Institute of Technology
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The Good News/Bad News of the New Hampshire Economy

By Mark Bevis on Monday, November 9, 2009.

The recession is technically over. That’s the good news.

It’s been the longest and the most severe recession since the second world war, but economic production is expanding.

In New Hampshire, we’re still seeing job losses, but the rate of loss has slowed.

Of course when someone says here’s the good news, you can usually expect another shoe to drop.

Economist Dennis Delay with the New Hampshire Center for Public Policy Studies presents the bad news to NHPR’s Mark Bevis.

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What Would You Do With A Year Off With Salary?

By Todd Bookman on Tuesday, October 13, 2009.

You know the economy is rocky when even law firms are having trouble making ends meet. To save cash, big firms are delaying the start dates of their new associates - some for several months, others for a full year.

To help young esquires bridge the time, many firms are giving their deferred-hires stipends. Though only about one-third the size of the nearly $200,000 new hires normally make, the stipends ranging from $45,000 to $90,000 are still a pretty big paycheck for not having to show up.

Recession Haircuts

By Avishay Artsy on Monday, August 31, 2009.

One of my favorite haircuts ever took place during my senior year of college. One of my housemates set up a folding chair in our driveway and sat me down in it. He had a pair of clippers in one hand, a flask of whiskey in the other, and he proceeded to give me a perfect haircut.

Street Smarts

By Todd Bookman on Monday, July 27, 2009.

Homelessness is on the rise in some cities and towns, as unemployment and foreclosures push people out of their homes and onto the streets. One social justice group is offering advice for the newly evicted. The organization Picture the Homeless has created a top-ten list of suggestions that is appearing in this week’s issue of The Nation.

Item one: Let go of your pride, but hold on to your dignity.

Stretching Through Hard Times

By Martha Poole on Tuesday, July 21, 2009.

It’s a tough lot for the unemployed in this economy. There are a few positive testimonials, among the many stories of individuals struggling to get back in the game. For some, being laid off has allowed more time to spend with the family, or volunteer in the community - and for some it’s a chance to get back in touch with their inner prana.

The New York Times

Trying to Raze the Recession

By Virginia Prescott on Wednesday, July 1, 2009.

At the turn of the century, the city of Flint, Michigan was a lively metropolis. The original home of General Motors boasted grand hotels and lavish restaurants that have faded over the past forty years.

Boarded-up windows and foreclosed homes now line many of the city’s streets. Local officials faced the risk of those empty houses becoming magnets for crime and pestilence, or trying something new: tearing them down.

More than one thousand abandoned homes have been demolished so far, due in part to the efforts of Dan Kildee. He’s the treasurer of Michigan’s Genesee county and a driving force behind Flint’s efforts to raze abandoned neighborhoods. A number of other Rust Belt cities are closely watching the results. Dan Kildee joined us from his office in Flushing, Michigan.

The Telegraph (UK): U.S. Cities May Have to Be Bulldozed to Survive

(Photo by justindula via Flickr/Creative Commons)

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Taking Back Neverland

By Todd Bookman on Tuesday, June 16, 2009.

Six Flags, owner of a chain of amusement parks, filed for bankruptcy this week because of massive debt: a further sign that nobody is having fun in this recession. But out in Santa Barbara, one legendary theme park is hoping to overcome the economic rollercoaster.

Recession-Style Weddings

By Virginia Prescott on Monday, June 8, 2009.

June marks the beginning of wedding season, which kicks the matrimony industrial complex into full swing. The weak economy has couples tightening their cummerbunds and finding creative ways to scale back. Deciding when to scrimp and when to splurge on a monumental day isn’t easy. Garen Daly, better known as The Frugal Yankee, is here to help us sort through some recession-era wedding conundrums.

(Photo by Ricardo Wang via Flickr/Creative Commons)

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