The unemployment rate dropped again in November to a four year low of 7.7%.
It has been since 2008 that the unemployment rate has been at this rate. The 7.7% number is for November, down 0.2% from 7.9% in October. This shows that hiring is modest, but at least it is positive.
Unfortunately there may be a jump in unemployment if we go over the fiscal cliff and Congress allows the widespread cuts to his all government agencies. Some agencies may lose up to 10% of their funding.
You would have to think they would have to cut headcount in order to meet that 10% drop in funding, but we will have to see how it plays out.
Whether you are gainfully employed or still seeking a new opportunity, here are some articles to help you manage your finances:
Financial Mentor | Why Smart People Make Dumb Financial Mistakes
Wise Bread | Keep Your Credit Card Safe While Shopping Online
Boomer and Echo | Create a Retirement Income Plan
Consumerism Commentary | Life Is Short: Toxic Financial Attitudes
Bankruptcy Law Network | Can I keep my tax refund if I file a Chapter 13 bankruptcy?
Money Under 30 | Variable Income: How to Manage Money When You Don’t Earn a Steady Paycheck
CNN Money | Jobs: Getting Ahead in 2013
Being Frugal | Why It Pays to Buy High Yield Dividend Stocks
Moolanomy | 3 Reasons to Use Your Credit Card for Holiday Shopping
Five Cent Nickel | Last Minute Donations: Should You Give?
Free From Broke was featured in the following carnivals this week:
Carnival of MoneyPros – Find Me a Holiday Edition | The Frugal Toad
Tax Carnival #109: Tax Stocking Stuffers – Don’t Mess With Taxes
The Festival of Frugality gets Happy! | Self-Help Happiness Blog
Carnival Of Personal Finance: Remembering John Lennon Edition | InvestingAnswers
Nerdy Finance #18
