AARP Home » AARP Blog » AARP »Work »News To Know: Laid Off? Cash In.

News To Know: Laid Off? Cash In.

Posted on 04/1/2009 by |Archived Contributor | Comments

Work Print Print

Unemployment is rising and consumption is shrinking. All sorts of producers and service providers are seeing their sales dip and as a result, many are coming up with creative promotion to boost sales. Just yesterday, General Motors announced a new promotion which offers to make some of your car payments for you if you lose your job. You can find many more companies with offers that help you out if you lose your job. The idea is that if people are holding off on buying because of fears of job loss, the best way to promote more buying is to reduce those fears. Would any of these deals encourage you to buy during this recession?