February 8th, 2010
Monday Jumpstart to Personal Finance & Credit Report News
Following last Friday’s report that the national unemployment rate dropped from over 10% to 9.7% in January, recent news explains that the positive signs of a lower unemployment rate doesn’t offset another problem of the distressed job market: the average duration of unemployment reached an all-time high of 30.2 weeks, or 7 1/2 months– the highest since 1948.
CNN Money reports on the difficulty to secure a job as more than six job seekers compete for every single job opening, as well as the risk that the extended unemployment period means unemployment benefits will expire for many after the usual 26 week period (before federal extensions kick in).
Get back on your feet as soon as possible with today’s roundup full of personal finance tips, job help, and credit score advice.
Personal Finance News
- MarketWatch offers job-seekers valuable advice on first aid for your resume.
- Want more help getting your dream job? “Get Your Cover Letter Template!“, exclaims SquawkFox.
- Cheerios, laundry detergent, and batteries: what do they have in common? They all made Mainstreet’s list of The Best Stuff to Buy In Bulk. Check out just how much money you can save.
- Want more help cutting down on spending? Follow Million Dollar Journey’s example to see how to save over 70% on your grocery bill.
- Everyone wants to know how to invest with less than $1000; Realm Of Prosperity gives worthwhile advice.
Credit Report & Credit Scores News
- CNN Money reports that consumer credit falls for the 11th straight month.
- How to get a free credit report blogs My Dollar Plan.
- Bankrate.com answers a question on how to deal with a foreclosure stain on your credit report.
- Credit score questions answered by The Chicago Tribune. Do you know how the number of credit cards you have relates to your credit score?
- MoneyBlogger gives advice on what to do with a 500 credit score.
