New job, less pay

By Tami Luhby

Lots of people laid off during the recession are landing new jobs … but they are making a whole lot less.

Some 52% of unemployed people surveyed recently by Rutgers University found new positions within six months of losing their jobs.

But roughly an equal share of the unemployed who landed new jobs had to settle for pay cuts, according to the report by Rutgers’ Heldrich Center for Workforce Development.

Here are the details:


Published by Personal Business Advisors ® Admin:

Read more articles at Personal Business Advisors ®