Bread, bacon, clams —whatever you call it, women are the ones bringing it home these days. According to The New York Times over the past year, as companies from Citibank to GM announced massive layoffs, a full 82 percent of the people getting pink slips have been men. Any day now, women are expected to become the majority of the American workforce.
On the one hand, more women being primary money-makers is amazing—a real opportunity for us to get over the way-outdated idea that supporting a family is a man’s job. But on the other hand, relationships can suffer when one source of income is lost and power dynamics shift.
We talked to six women whose husbands/fiancé/boyfriends have lost their jobs. How it’s affecting their relationships, after the jump… Keep reading »
Besides making a lot of gay and lesbian couples very happy, extending marriage to same-sex couples would help the economy, according to a report from the Williams Institute School of Law at UCLA. The report only covered the state of Maine, but in that state alone it is estimated that there would be $60 million in economic gains within three years with as many as 1,000 new jobs created. After the jump, eight ways we think same-sex marriage would help the economy. Keep reading »
The best things in life are free. Unfortunately, the porn industry is learning that lesson the hard way as sales go soft (zing!). Down 20-30%, Larry Flynt and Joe Francis have asked for a financial fluffer to help adult entertainment companies in their time of need. But it’s not just magazines and DVDs that are feeling the squeeze; the Internet has been screwed up too! Thanks to amateur porn on YouTube-like sites, porn that doesn’t require payment is easier to find than a swinger party. In a recession, that’s good news for broke consumers who are worried they’re going to lose their jobs, but what about the billion dollar adult industry? Can porn still make a buck in this tight economy? If you ask an entrepreneur named Trixie, she’ll say, “F**k yes!”
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This week on “RuPaul’s Drag Race,” guest star Dean McDermott (Tori Spelling’s hubby) had on toenail polish! Say what? Both he and Kate Beckinsale’s director husband, Len Wiseman, have been seen strutting around LA in sandals to show off their colorful polish. But with around 30% of salon clients being male, they’re not the only bros getting their feet professionally pedicured. As hotel spa director, David Erlich, says, when it comes to treating your tootsies, “Men are the new women.” Yeah, the mantyhose, bras, garter belts, and girdles for men sorta hinted at that…
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Singaporeans sure do enjoy their beauty products, even during a recession. According to a survey, seven in 10 people there will continue to indulge their beauty addiction by purchasing products and services, despite the threat of job losses and a severe economic recession. Half of those polled said they spent at least $33 each month on beauty products, and a third said they’d curb their spending on other lifestyle choices, but not beauty. “I don’t think any of us has ever really appreciated how important looking good is to Singaporeans,” said BeautyAsia 2009′s organizer. “For the majority, it is a ‘must-have’ rather than a luxury.” This poll gives weight to the “lipstick factor,” a theory that suggests consumers purchase small luxuries while otherwise tightening their belts in an economic downturn. Like the Singaporeans, I don’t plan to stop spending on beauty products or services, but I’m jealous that they only spend an average of $33 per month on products. I tend to shell out $53 just on getting my nails and toes done each month. What do you think about the “lipstick factor”? Do you plan to spend less, more, or the same on beauty products and services during the recession? [Reuters] Keep reading »
We all enjoy indulging in a guilty pleasure. It might be a drink after work, hitting the slot machines, or perhaps, if you feel Frisky-ish, renting a porn. But in tough economic times, the industries considered to be recession proof, like sex, gambling and alcohol, are feeling the pinch just like everyone else. People are cutting back on extravagant pleasures in life, like their porn habits, lap dances, and shots of tequila. Even Playboy has been hit hard by the recession — their stock is down by 80% in the past year, they’ve cut jobs, closed their New York office, and canceled their Super Bowl party. Private Media Group, a porn company based in Barcelona, Spain, saw revenue drop in the third quarter. Rick’s Cabaret International, a chain of high-end strip clubs, also saw a decrease in earnings. No wonder Hustler magazine publisher, Larry Flynt, asked the government for a $5 million bailout for the porn industry. Other “vice” industries are taking a hit as well. Gambling in Las Vegas was down more than 6% from last year. Alcohol consumption is still going strong, but people are switching to cheap brands of liquor as opposed to premium brands. I guess we have to find other cheap ways to entertain ourselves now. This video is a start! [MSN: Money Central] Keep reading »
According to an unscientific data from hairdresser Andrew Barton in the U.K., more women are getting their hair dyed blonde to cope with the recession. Barton has seen a 67 percent increase in the sales of his blonde hair products compared to the same time last year. “I don’t believe it is purely a coincidence that there’s been a huge sales rise in blonde hair products during these tough financial times,” said Barton. “Many of my female clients say they feel more confident, more youthful and more attractive when they go blonde and they get more attention.” And, as we all know, more attention from men, means more free drinks and dinners. However, it technically would cost more to dye your hair than it would to leave it your natural color, plus blonde hair is much more expensive to maintain, so you also would have more money if you decided to go back to being a brunette. Yes, you’d probably get less attention, but you wouldn’t have to endure two hours of conversation with a man you don’t even like just to eat. Decisions, decisions. [Telegraph U.K.] Keep reading »
Banks are foreclosing on houses. Jobs are being outsourced. Popular retail stores are shutting down. Magazines like Domino are folding. Despite the economy being pretty much in the crapper, romance is on the rise. Popular online dating sites like Match.com and eHarmony are seeing a spike in the number of people signing up looking for love; Match.com saw its biggest membership growth in seven years in November, and eHarmony.com registrations increased 20 percent in 2008. Yes, it seems people are dumping their change jars into Coinstar machines and flocking to online dating sites. But why would you pay for a gamble on love when the gas and electric people are sending you death threats? It boils down to one simple word… Keep reading »
Last year marked a confluence of events both real (Eliot Spitzer and Ashley Dupre) and thinly fictionalized (Showtime’s “Secret Diary of A Call Girl”), that arguably made 2008 the Year of the Prostitute. A cache of articles glamorizing the oldest profession in recent months, combined with the economic tailspin, has put a question you might once have asked yourself in your darkest hour firmly at the fore: Would you sell your ass for money? Sure, the prospect of exchanging your goodies (and we’re not just talking sex, but any sort of sexual activity) for goods still carries stigma, and the feminist positions for and against are as numerous and complicated as the positions in the Kama Sutra. But the more attention the topic gets on the national stage, the less it stays a dirty little secret. Two women’s takes on the matter, after the jump… Keep reading »
In light of our strained economy, how can you keep your love life intact and still scale back on spending? Whether playing the field or in a couple, there are a number of free (or cheap) ways to mind your wallet without sacrificing your dating life. After all, a recession won’t keep you from finding love, it’ll just make you more creative! Keep reading »