Tag Archive | "Recession"
Cuba’s Continuing Progress
Cuba, a small city just southwest of St. Louis, caught our attention several months ago as a community that has weathered the recession exceptionally well. We had the opportunity to visit the town and discuss Cuba’s success with local leaders. Among the most important factors we observed were Cuba’s strong economic leadership and extensive planning. [...]
Continue reading...Resources for Job Seekers
Wednesday, January 20, 2010
There are many resources available to job seekers. Last month the St. Louis Post-Dispatch compiled a list of the organizations that provide assistance to those seeking employment opportunities. Below is the list of groups–take a look. BounceBack St. Louis www.BounceBackSTL.net Please check website for meeting locations, dates and times. Businesspersons Between Jobs www.bbj.org St. Mark [...]
Continue reading...Two Perspectives on Higher Education during the Recession
Friday, December 4, 2009
The Public Insight Network has served Channel 9 well in helping us gauge the effects of the mortgage crisis on the St. Louis community. We recently sent out an email asking members to describe how the recession has affected their college plans. The responses of two residents show ways the community is adjusting to the [...]
Continue reading...The St. Louis Area Foodbank Responds to the Recession
Tuesday, December 1, 2009
With the holiday season just beginning, it’s a great opportunity to recognize the work being done to help people in difficult times throughout the St. Louis area. As expected, 2009 has been a busy year for charitable organizations. The recession has created a large demand for services from local agencies, and lower incomes that can [...]
Continue reading...Community Spotlight: What Can We Learn from Cuba, MO?
Thursday, November 12, 2009
A few weeks ago, Lauren (a Project Manager at Channel 9) and I visited Cuba, MO, a town southwest of St. Louis with a population of around 3,200. The goal of the trip was to learn about the town’s economic development strategies and how its residents were handling the recession. We got tons of great footage from [...]
Continue reading...“The Real Demographics of Recession” at the St. Louis Fed
Tuesday, November 10, 2009
Last week, I attended “It’s More than a Man-cession: The Real Demographics of Recession” at the Federal Reserve Bank of St. Louis. The event was inspired by the recent report by Howard Wall, an economist with the Fed, which explores how the recession is affecting different groups of people with an emphasis on the apparent [...]
Continue reading...Celebrating Halloween…Recession Style
Friday, October 16, 2009
For many people, October is synonymous with just one thing: Halloween. And with Halloween comes the pumpkins, the decorations, the costumes, and of course, the candy. However, this year’s Halloween celebrations may look a bit different from most. The National Retail Federation recently estimated that Halloween sales will drop by 18 percent (sales reached a [...]
Continue reading...“Planet Money” Reports: Six unemployed people for every available job
Wednesday, October 14, 2009
NPR’s “Planet Money” blog recently crunched the newest unemployment numbers, with less-than-encouraging results. The blog took into consideration America’s 15.1 million unemployed people (as of September), and the 2.4 million available jobs (as of the last day of August). The result: all of this computes to about six unemployed people for every available job. Despite [...]
Continue reading...St. Louis Fed Releases Report on Recession Demographics
Friday, October 2, 2009
I just found a report, released by the Federal Reserve Bank of St. Louis, that examines the demographics of the current recession. It’s a really interesting look at how unemployment affected different age groups, races, genders, and other demographic groups. To check out the report, visit the Federal Reserve Bank’s website.
Continue reading...Take Action
Audio / Video
The St. Louis Beacon posted a new segment in their Job Talk series earlier this week. This report describes GO! Network and its work to help unemployed professionals in St. Louis. The economic downturn has led to unemployment among groups who have never before had to worry about paying their bills on time. Among them [...]
Reverse mortgages are a complicated product and aren’t appropriate for everyone. In our final video of the series, Buz describes the basic considerations that seniors must make when determining if a reverse mortgage is right for them. We hope you’ve enjoyed these videos. A huge thanks to Buz Zeman for talking with us. Additional information on reverse [...]
The explosive popularity of reverse mortgages and the flood of advertisements that followed have spread a number of misconceptions about reverse mortgages. Buz addresses a number of them in this video, explaining what reverse mortgages are and aren’t. He also talks about popular scams and how to avoid them. Look for the final video of [...]
Several weeks ago, Lauren had a conversation with Buz Zeman of Housing Options Provided for the Elderly (HOPE), an organization that counsels seniors on mortgages and other housing issues. Buz said that he has had to devote much of his time lately to explaining reverse mortgages. Though this sort of loan is not new, it’s [...]
In this video, St. Louis Mayor Francis Slay suggests that anyone facing foreclosure or in trouble with their mortgage seek assistance and determine if they are eligible for the Refinance and Loan Modification program. More information can be found at www.makinghomeaffordable.gov.
In this video, St. Louis County Executive Charlie Dooley encourages those facing financial hardship or anyone who fears losing their home to seek assistance. Tax-payer funded, HUD-certified housing counselors offer services at no charge, and can assist someone facing foreclosure with discussing options with their lender. For information or to connect to resources, call the [...]
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- The Beacon’s Series on the St. Louis Area Foodbank
- Good News in March Unemployment Numbers
- Lessons from the Wright Family on Seeking Help
- Staring a Business – Upcoming Workshop from the Urban League
- New Employment Resource from Ready, Aim, Advocate!
- Walking Away from Underwater Mortgages
- Beacon: Foreclosure Struggles Linger in St. Louis
- From the Beacon’s Job Talk: GO! Network
- Reverse Mortgage Considerations
- Job Talk from the St. Louis Beacon
© 2010 Facing the Mortgage Crisis
in Partnership with the CPB.
Friday, January 29, 2010
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