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Income Loss Persists Long After Layoffs
By MICHAEL LUO
Published: August 3, 2009 NY Times front page
RIVIERA BEACH, Fla. Chuck Dettman said he had not really considered the notion back in 2001 that he and his friends in a job-search support group would never recover from being laid off.
The country was in a recession then, as now, and the professionals who had just lost their jobs met weekly at a local job center to network and trade advice. Despite the national economic problems, they remained confident that they would not only find work but would also be compensated as they had been in the past.
Eight years later, however, most of the people who formed the core of Mr. Dettman's group have not made it back to their old
income levels, even if they eventually landed jobs. Read more
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Rocky Return from Unelmplyment | Rocky Return From Unemployment In 2001, a group of laid-off professionals formed a job-search support group in Riviera Beach, Fla. Eight years later, four members reflect on how their careers and outlooks have changed. Related Article »
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