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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 15, 1988
Page
7
Working couples seek extra income by juggling three or four jobs. Moonlighting strains marriages and finances, as debt rises and savings lag. Purdue’s Charlene Sullivan notes two-income families still struggle, with 42 percent supplementing earnings. The trend reflects broader financial fears and shifting middle-class costs.
Federal Reserve targets bank practices that held deposited checks for up to 15 days. Effective Sept 1 customers must receive 100 in cash immediately with sufficient checks, and remaining funds by the next day. Banks racing to comply face fee and rate shifts as consumer costs rise.
The Greater Washington Research Center reports a regional labor shortage despite rapid private sector growth fueled by federal contracting. Unemployment at 2.7 percent is frictional as workers switch jobs. Housing costs and long commutes limit recruitment, but better use of resident resources could add up to 300,000 workers.
A real estate ad explains deducting rehab costs on a second home when selling the primary residence. It notes ownership duration does not affect deduction eligibility and invites readers to visit CENTURY 21 DEMBY INC REALTORS at 405 Middle Ave Elyria or call 323 4641 for help.
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