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Written by Mac Barber, NewsNetNebraska
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Monday, 21 September 2009 21:53 |
Kelsey Streeter, a University of Nebraska-Lincoln freshman fashion merchandising major, wanted to attend a private art institute until the recession depleted her savings.
Photo: Nate Kelly, NewsNetNebraska
Despite word that the recession is ending, some Lincoln residents are still feeling the financial heat.
Last week, Federal Reserve Chairman Ben Bernanke said the recession is “very likely over.” He qualified his statement by saying the economy is still fragile and the recovery may be a slow one.
Bob Sabacky’s job as manager at Russ’s Market was downsized from full time to part time. Besides the loss of work hours, he said, the recession has changed his normal routine.
“I’m walking and taking the bus a lot more,” Sabacky said. Janelle Hotory, manager of the Caffina Café, said she has not been affected much by the recession, but has noticed fluctuating costs.
“I just watch the gas prices go up and down,” Hotory said.
To see how the recession has affected others, click here.
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