Collateral Damage of the Recession, Privileged Women & Employment

A group of privileged women who did not have to work for pay,  are forced by recession,  to come back to labor market. This NYT article calls these women the ” collateral damage of the recession.”

She pointed to investment losses “in the healthy six figures,” along with “some very high medical expenses for a family member and having two daughters in college. And then the value of our home and pension plan has taken a tumble.”

http://www.nytimes.com/2009/09/19/business/19women.html?emc=eta1