Showing posts with label United States. Show all posts
Showing posts with label United States. Show all posts

Monday, January 16, 2012

What SOPA Means For All Of Us

How the future of the internet is being decided.


Unless you have been living under a rock somewhere, I'm sure you have heard about the pending Stop Online Piracy Act Legislation. The Act, also know as SOPA is generating a huge backlash from Americans and major internet companies. But, what does it mean for you, your internet use and job search?


Basically, the current version of the legislation is designed to stop online piracy and protect the rights of record and movie companies; which is a good thing. Piracy is a problem, although the provisions in the bill don't really seem to address the issue at all. If the bill passes, websites will be shut down if they have any links that go to any infringed content. This means YouTube videos, sharing a song on Facebook or on a webpage. If a site is found with even just a couple of infringed links, the government can shut them down completely.


In addition, the bill gives that government the right to block certain sites from being accessed without ever having to prove any real copyright infringement first. This is a huge problem for many of the people who are opposing the bill. The concern is that it will change the internet. Instead of it being a place where people can express controversial opinions and have lively debate, it will become a monitored, pay for use situation and anything that is controversial will just be blocked.


The idea isn't too far fetched. Already many countries have restrictions on internet use and block many sites from being accessed. In addition, web start up companies will be hesitant to enter the market for fear of facing prosecution if anyone posts an infringing link.


If this is all confusing to you, here is a video from AmericanCensorship.org that breaks the debate down:







Many large websites are protesting this Act. Reddit will be blacking out their site on January 18th, and many other sites are joining in the protest. No matter where you stand on the issue, this bill has the potential to change the way we use the internet, so you need to be informed.


What do you think about this proposed bill? Please share your thoughts in the comments.


By Melissa Kennedy- Melissa is a 9 year blog veteran and a freelance writer for PhillyJobsBlog and Beyond.com, along with helping others find the job of their dreams, she enjoys computer geekery, raising a teenager, supporting her local library, writing about herself in the third person and working on her next novel.

Monday, August 15, 2011

What Does The U.S Credit Rating Downgrade Mean For You?

South façade of the White House, the executive...Image via Wikipedia


What the changing economic conditions mean for your finances.



As just about anyone who has turned on the news, opened a newspaper or turned on the internet knows, earlier this month, Standards & Poors downgraded the United States' credit rating from AAA to AA+. The credit rating took a dive because of the debate about raising the nations debt ceiling, the fact that we are going to take on more debt to pay our obligations and simply because there is no clear plan on how we plan to pay back any of our debt.



There is no denying it, the economy is in a bad place, and it might even get worst. For the 14 million people who are out of work and looking for jobs, this news certainly doesn't help bolster their flagging spirits.



So, what does this mean for you and me?

When the nation's credit rating goes down, it's very similar to when our personal credit scores drop. When you have a lot of debt, you have an elevated credit risk. Of course, how much the risk is elevated depends on the type of debt. Unsecured debt is the riskiest, while secured debt isn't as high of a risk. The difference between the two is that with secured debt, there is some type of collateral that is valuable to the debtor (that they will lose if they don't pay) and with unsecured debt, the creditor has nothing to repossess.The higher the risk, the higher the interest rate you'll be offered.



It still remains to be seen what the long term impact of this downgrade will be, but many experts think that interest rates will go up substaintially, as much as 5 percent. For you and I, the biggest concern is going to be how the rising interest rates will effect variable rate credit cards and home equity loans.



Because these two types of credit lines are still able to be changed by the lender, they are at the highest risk.With variable rate cards, the interest rate is tied to the prime rate, and when it goes up, so does the interest rate on your credit card or your home equity loan.



The biggest concern for homeowners who have variable rate home equity loans is that they could see their payment increase significantly. The fear is that this sort of rate hike could force struggling homeowners into mortgage default, which could start a new wave of foreclosures and the people who were lucky enough to hold on to their homes the first time around might end up in a bad situation this time.



So, what can you do to protect your finances?

  • Take a look at your credit cards and find out if they have a fixed interest rate or a variable interest rate. You can find this out by calling the issuing bank and asking them. The majority of credit cards are variable interest rate. If you find that this is the case with your cards, stop using them. As soon as the prime interest rate changes, your interest rate is going to go up. The good news is that a higher interest rate won't apply to any balance you are already carrying. However, any new charges would be financed at the higher rate.


  • If you have a home equity line of credit, you should probably call your lender to find out about how you can refinance. The best bet is to combine your mortgage and your line of credit into one loan. Be sure that you get a fixed rate loan in order to dodge the interest rate hike. Of course, with the housing market still in bad shape, many homeowners aren't going to be able to refinance because they owe more than their home is currently worth. But, it's worth a shot.


Are you bracing yourself for an interest rate hike? Let me know what you think in the comments.



By Melissa Kennedy- Melissa is a 9 year blog veteran and a freelance writer for PhillyJobsBlog, along with helping others find the job of their dreams, she enjoys computer geekery, raising a teenager, supporting her local library, writing about herself in the third person and working on her next novel.

Monday, August 1, 2011

Why No One Seem To See The Unemployed


The unemployment numbers are on the rise, where is the outrage?

It is depressing to have to report that the most recent unemployment numbers are showing that right now, there are officially 14,087,000 Americans that are unemployed. According to the Labor Department, unemployment is increasing, rather than going down as expected. The jobless rate for June soared to 9.2%.

My question, and many other peoples, is where is the outrage? How can this many unemployed people be virtually invisible?

It seems as though if you aren't unemployed, you may not even be aware of the fact that we are in the worst job crisis since the Great Depression. 14 million people are out of work and the news is more concerned with the budget deficit and gay marriage.

If you are one of the unlucky 14 million who are out of work though, it could take, on average, 9 months to find a new job. For some people, it can take significantly longer and there are even more people who have just given up.

In other parts of the world, the jobless have taken to the streets, had protests and have put pressure on their governments to help them find work. Here in America, it's a completely different scenario. Here, the unemployed are seemingly quiet and resigned.

If you look at the situation from a purely political standpoint, the majority of voters are employed and since the 9.2 percent of the population without jobs haven't been uniting or creating any real pressure, there isn't much incentive to do anything to help the problem. In fact, according to the experts, they aren't voting either. In 2010, 46 percent of people who were employed voted while only 35 percent of the unemployed voted. This isn't anything new, in fact, it was the same turnout in 2008.

Our current situation is a far cry from the riots and revolt that occurred during the Great Depression. Americans used to be quick to protest and periods of high unemployment were viewed as breeding grounds for revolution. Have people simply given up or become apathetic?

I don't think it's either. In times past, labor organizers and socialists were quick to sow the seeds of dissent among groups of unemployed and poor people. Back then, revolutionaries and labor organizers along with hundreds of jobless people could gather together in bread lines, unemployment lines and wait in welfare offices for hours and days on end. As they waited and grew more frustrated, they were able to talk with each other and with organizers and plan meetings. These days, most unemployment claims and even public assistance is handled online or over the phone.

In addition, many people who are unemployed feel ashamed. They believe that it must be something they did wrong that caused this to happen to them, even when they were laid off through no fault of their own. When people are depressed, they aren't as willing to want to organize or ask others to join with them.

However, with the rise of social media, there is a new community of unemployed that is growing. Groups like Working America and UCubed have been reaching out to the jobless online and trying to organize and get people working together to help solve the problem.

For now, it seems that the 14 million unemployed are willing to wait it out patiently and keep working toward finding a job. However, it is important to remember that it took awhile for people to organize and become mobilized during the Great Depression as well. It was only after several years of disappointment and frustration that people became willing to put pressure on the government.

So, if you are one of the 14 million, just know that you aren't alone. Accepting help and talking about your situation doesn't mean admitting weakness or confessing your shortcomings. There are so many people in the exact same situation, from all walks of life. Bankers who used to make six figures a year are cashing unemployment checks, people who had great factory jobs are having to leave their families in order to work out of town and sleep in their cars so that they can save money and come home on the weekends. People have lost their jobs, lost their homes in foreclosure or have been evicted from their apartments. They have been forced to move in with family, live in shelters or look for low cost housing that doesn't require credit checks.

You aren't alone.

Do you think that the unemployed should work together? Why do you think that there isn't much attention to the rising unemployment rates? Let me know in the comments.

By Melissa Kennedy- Melissa is a 9 year blog veteran and a freelance writer for PhillyJobsBlog, along with helping others find the job of their dreams, she enjoys computer geekery, raising a teenager, supporting her local library, writing about herself in the third person and working on her next novel.

Monday, July 25, 2011

Public Libraries Are Still Vital For Millions of Job Seekers

Steacie Science and Engineering Library at Yor...Image via Wikipedia
Have you used the resources at your local Public Library?

Do you support your local public library? For the luckiest of job seekers, having a computer and internet access at home is taken for granted and used as a vital tool for the job search. Others, however, don't have those luxuries. Expecially people who have been out of work for a long time and found it impossible to keep paying monthly for these services.

For people who have lost their homes or apartments and are staying with friends and family, being able to get online and look for work is much more of a challenge. For them, the public libraries are a valuable resource. Across the country, most public libraries offer Wi-Fi access and computers that anyone with a library card can use. Although they may only be able to use a computer for an hour or two at a time, just being able to connect to the internet and look for a job can be a lifeline to improving their situation.

I've heard people joking around on many occasions about how the only people who use libraries anymore are just the homeless and seniors who have nothing better to do. This isn't true at all. There was a time in life, a couple of years ago, when I was out of work and had just moved to a new area. My laptop had been stolen and I was living with friends while I found a job. I was willing to take any job I could find, but when I went to local resturants to apply, I was told that I had to submit my application online. Without a computer, there wasn't really any way to accomplish that seemingly simple task.

Enter my local public library. They let me use a computer and internet access. I was plesantly surprised to discover that not only did they have those resources to lend, they also had tons of books about resume writing, networking, cover letters and more. After I was done using the computers, I could borrow a couple of books to take home to keep refining my job search skills. In addition, they had CDs and plently of movies and TV shows on DVD available for loan as well.

Not only did they provide the services I needed to find a new job, they helped keep me sane during the tough time I was going through. Sitting in the house, looking at the classifieds in the newspaper and growing steadily more depressed wasn't getting me anywhere. Instead, I was able to go somewhere each day and I started to feel a semblance of normalacy in having a routine.

These days, public libraries are being used more than ever. Some people use them as a way to check out movies without having to pay for rentals or streaming video services. Others use them to borrow e-books rather than buying them. Many parents with young children take advantage of the childrens' programs and activities in order to spend time with their families without having to spend a lot of money.

According to a recent report from Fast Company, 88% of libraries offer internet access and 75% of them have staff available to help people fill out job applications. Many of them have access to the most current government job listings and they partner with other governement agencies to help provide other services as well.

It's clear that the public library system is still relevant in today's world. This is a notion that local and federal governments seem to have forgotten. In fact, 60% of libraries are reporting budget decreases. Many libraries are being forced to close branches and slash their operating hours. As the unemployment rates continue to be high, what will job seekers do when they aren't able to find a place that offers these resources for free?

If you are out of work and struggling to find resources, and even if you are one of the lucky ones who has access to all of the tools you need,
consider supporting your local library with your patronage. As a bonus, there are probably many volunteer opportunities that can give you something to do while you are looking for a job.

If you haven't been to a library in years, make it a point to stop in for a visit.

Do you use the library on a regular basis? If not, why? If so, what do you think the library offers that is the most helpful to you? Let me know in the comments.




By Melissa Kennedy- Melissa is a 9 year blog veteran and a freelance writer for PhillyJobsBlog, along with helping others find the job of their dreams, she enjoys computer geekery, raising a teenager, supporting her local library, writing about herself in the third person and working on her next novel.