4.6 • 682 Ratings
🗓️ 8 October 2024
⏱️ 7 minutes
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0:00.0 | Brought to you by the Every Dollar app. |
0:04.3 | Start budgeting for free today. |
0:06.5 | Hi, I'm looking for wonderful advice as a way that I can help out my husband. |
0:11.2 | He worked in pharmaceutical chemistry with a bachelor's and a PhD, worked for 15 years, got laid off in 2011, and he's never gotten a job since. |
0:22.4 | It's been really challenging. |
0:24.6 | Whoa. |
0:25.1 | He was laid off. |
0:26.5 | Yeah, big time. |
0:28.5 | His layoff coincided with Obamacare being launched and pushed to get all sorts of pharmaceuticals |
0:35.5 | down to generic price, so it made research really hard to be profitable in the U.S. |
0:40.8 | And of course the financial crisis had started in 2008. |
0:44.4 | So there were thousands of chemists of his caliper looking for job. |
0:49.0 | He looked all over the United States. We were willing to move. |
0:52.2 | We had followed his career previously. |
0:58.0 | And I had been a stay-at-home parent, but when he was two years out of having a job, I went back in, and I got a full-time job and rebuilt my career, |
1:03.4 | which has been really helpful, but it hasn't replaced his earnings because my bachelor's degree |
1:08.0 | earnings do not equal PhD earnings in chemistry. |
1:11.3 | Apparently they do. |
1:12.2 | Yeah, they do. |
1:12.7 | They far exceeded. |
1:14.9 | Well, I guess in that case, yep, you're right. |
1:17.8 | What I want to do is figure out how I can help him out. |
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