{"id":1850,"date":"2008-02-19T20:40:21","date_gmt":"2008-02-19T20:40:21","guid":{"rendered":"http:\/\/the19thfloor.net\/?p=1850"},"modified":"2008-02-19T20:40:21","modified_gmt":"2008-02-19T20:40:21","slug":"downturn","status":"publish","type":"post","link":"https:\/\/the19thfloor.net\/?p=1850","title":{"rendered":"Downturn"},"content":{"rendered":"

Another sign that we’re in for rough economic times ahead: my employer implemented a hiring freeze<\/a> today. The last time state government imposed a hiring freeze was in 2003, when Minnesota was confronting a four billion dollar budget deficit. But the bad news doesn’t end there. Mortgage foreclosures hit a record high here in Hennepin County<\/a> for the month of January. With more subprime mortgages scheduled to reset in the coming months, the sheriff’s office is going to be busy for the foreseeable future. I probably picked a turbulent time to start putting money in my retirement account, but I can afford to take on some risk. The people losing their homes didn’t have that luxury. <\/p>\n","protected":false},"excerpt":{"rendered":"

Another sign that we’re in for rough economic times ahead: my employer implemented a hiring freeze today. The last time state government imposed a hiring freeze was in 2003, when Minnesota was confronting a four billion dollar budget deficit. But the bad news doesn’t end there. Mortgage foreclosures hit a record high here in Hennepin […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-1850","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/s9Iwau-downturn","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/the19thfloor.net\/index.php?rest_route=\/wp\/v2\/posts\/1850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/the19thfloor.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/the19thfloor.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/the19thfloor.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/the19thfloor.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1850"}],"version-history":[{"count":0,"href":"https:\/\/the19thfloor.net\/index.php?rest_route=\/wp\/v2\/posts\/1850\/revisions"}],"wp:attachment":[{"href":"https:\/\/the19thfloor.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/the19thfloor.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/the19thfloor.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}