Reply to Do you know anyone laid off for an extended period of time? What was their situation?

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[quote=Anonymous][quote=Anonymous]My dad started out in data programming in the late 1960s, then was a project lead, then systems analyst, then senior systems analyst. He was laid off three times for lengthy periods due to the collapse of manufacturing in the rust belt. The first time was in the early 80s for about 9 months, when my mom was a SAHM. The second time was about the same length of time around ‘91. My mom was working then, but my brother was in college and I was a year away from starting college, so they were facing big expenses. In fact, my mom had gone back to work specifically to help pay for our college educations. The third time was about a year and a half, starting in ‘99 or 2000, right after my parents had paid for my wedding. My dad was about to turn 60 when he was hired by his final employer. He had a 1hr 20 min commute each way, driving. Public transportation wasn’t an option. He was incredibly lucky that his final employer was an insurance company that offered great benefits and treated their employees (and even retirees!) extremely well. I’m so glad he had a good experience in his final decade of working.

My parents were always very careful with their money, so the lean times were stressful and scary for them, but we always had all of our needs met, lived a middle class lifestyle, and they saved and invested well for their retirement. They really benefited from living in a LCOL area.[/quote]

OMG. You accepted money for college and wedding?! Shame on you. Why didn’t you pay for these things yourself?[/quote]

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