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Labor Department Finds Laid-Off Workers Take Pay Cuts in New Jobs

How are you feeling about your personal finances these days?

Most people who lost jobs during the past few years and found new ones aren’t making as much, according to a report from The Associated Press.

The story cites a Labor Department report that found that only 56 percent of Americans laid off from January 2009 through December 2011 had found jobs by the start of this year. And more than half of them took jobs with lower pay, the story says.

Which makes us here at Mercer Island Patch wonder: what’s been your experience during the so-called economic recovery? Have you or someone you know lost a job and struggled to find a new one? If you’ve found a new one, what’s the pay like? And even if you’ve kept your job, how are you feeling about your personal finances?

We'd love to hear your thoughts in the comments.

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William Kratz May 20, 2013 at 05:36 pm
I'll be a bit more direct than Jerry. The new site is a mess. Visually it's extremely cluttered.Read More It's slow, very slow. There appear to be no RSS feeds, a major negative. Following a few links sometimes sends you to a different community's Patch site. And what happened with the editing staff. Unless I missed something, suddenly there are new editors without any warning. No matter what the circumstances, normally such a move would be accompanied by an announcement of some sort. Venice may be the greatest editor ever, but it looks like she is splitting her time among several Patch sites, so the odds are stacked against her. Her "latest activities" list even suggests that she is editing a Patch site down in the San Francisco Bay area. With all due respect, Patch sites should be hyper-local, and the best route to that is a local (i.e. Mercer Islander) editor.
Jerry Gropp Architect AIA May 15, 2013 at 02:07 pm
The Jury is still out. I liked the "Old Patch". J
MIHS Baseball April 25, 2013 at 01:58 am
Thanks for your support tonight! See everyone on Friday for Senior Night!!