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After Katrina and Sandy, New Orleans and New England sustained heavy damage and spent billions of dollars and several years rebuilding (and still is to some extent).

Now, Texas is dealing with the aftermath of Harvey while the east coast faces possible landfall hurricane Irma. It seems the devastation brought from major hurricanes isn't a rare phenomenon anymore. The impact of these storms goes well beyond the immediate damage and aftermath. The economic effects are wide-ranging and can reverberate in an affected area for years and years afterward.

The first wave of cost and economic impact begins with the immediate aftermath of landfall. Depending on the degree and length of the storm, the damage can range from minimal to devastating. Flood waters can cause a lot of damage, especially if they sit in the area for several days at a time. In certain parts of New Orleans, you still can see the line where the water level sat in the aftermath of Katrina.

In response to the devastation, government on all levels work to raise money to cover the cost of rebuilding. After Katrina, Louisiana received around $142 billion in federal funds to help rebuild. After Sandy, New York and New Jersey received $56 billion for recovery efforts. In response to Harvey, President Trump has proposed a $9.7 billion allocation to Texas. Before Katrina, federal aid made up only about 17 percent of hurricane damage. Additionally, the money spent by the federal government has national effects.

To have a vibrant and growing economy, you need a lot of people with some disposable income. These people must be willing to spend their money at local businesses with some regularity. This is the backbone of an economy. If no one is buying anything, things tend to slow down and degrade over time.

While rebuilding cities and public areas definitely takes time and money, private property also suffers damage. This includes homes, apartments and businesses. Often, the allocated funds don't cover these damages. If you own a house in an affected area and have insurance, you could still be waiting for months to get your check. Without insurance, the owner is eating the entire cost. Only about 20 percent of those affected by Harvey actually had flood insurance. In New Orleans, about half of households had purchased flood insurance before the storm. Without insurance coverage, these are massive expenses that could tie down income for a long, long time. That has a significant effect on the local economy. If a lot of people have much less disposable income, the economy could slow growth or even degrade.

Another economic factor is relocation. After Katrina, many lower income households relocated to other parts of the state or even to Houston, Texas. Without a home to return to, it made more sense for many people to restart somewhere new. Obviously, relocation will decrease the population in an affected area. This in turn has an economic effect. Often, cities need to grow their population to also grow their economy. With less people to spend money in a city, the local economy could suffer all the more.

The effects of the storm don't end on the city level. Especially if that city is a major metropolitan area of that state — like Houston is for Texas — the statewide economy can be similarly affected. Tourists will be less likely to visit. Businesses will set up shop somewhere else. This situation only gets worse with more damage and destruction. If people are more readily able to return to work shortly after a storm, the economy will likely not suffer quite as much. After Sandy, the New York and New Jersey areas were able to rebound fairly quickly in comparison to New Orleans after Katrina.

In the immediate rebuilding, the economy will likely experience small boost from the act of rebuilding itself. More people will be working in the area than normal. Also, the faster a city can regain some semblance of normalcy and functionality, the easier it can avoid a possible economic downturn. The economic effects of different hurricanes on different regions lead to varying results. However, for the most part, there is a path to recovery — even if it might take several years.

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I’ve been feeling very British lately. Not in a Union-Jack-obsessed, “Keep Calm and Carry-On” way. I went through that phase in 2012 with everyone else… no thank you. And it’s not even a surge of patriotism catalyzed by the Queen dying — I’m firmly team Diana and team Meghan.

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Southwest Airlines Sale 2022

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Pack your bags — Southwest Airlines is having a major sale! Fares are as low as $59 one-way if you book by October 3rd.


This end-of-summer super sale is a game-changer for your travel plans through the end of the year. Summertime travel gets all the glory. But why not take advantage of your long weekends, holidays, and PTO this fall. You’ll be surprised at how much travel you can fit in. Keep the fall/winter season exciting with domestic trips that give you all the excitement without breaking the bank. All thanks to Southwest.


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Quiet Quitting is the latest trend among Gen-Z TikTok that encourages setting boundaries at work

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Toni Morrison has an anecdote about her first ever job, which was cleaning some neighborhood woman’s house. The young Toni arrived home after work one day and expressed her troubles to her father. But he didn’t provide the sympathy she expected. Instead, he gave her something better — his advice:

“Listen. You don’t live there. You live here. With your people. Go to work. Get your money. And come on home.”

Years later, she wrote about this remarkable experience for the New Yorker and said, in hindsight, this is what she learned:

1. Whatever the work is, do it well—not for the boss but for yourself

2. You make the job; it doesn’t make you

3. Your real life is with us, your family

4. You are not the work you do; you are the person you are

What Morrison so eloquently articulated was setting boundaries. I revisited this piece during the pandemic when working from home ramped up in earnest. Back when work was one of the few things that anchored my day.

Without a physical office, the pandemic shattered the work/life balance for many people. There was no more of that physical separation that Morrison talked about. There is no coming home from work physically. There is no real life to come back to — just a manufactured commute to your laptop in your makeshift home office.

But, par for the course, Gen Z are navigating this boundaryless era using TikTok. While internet gurus promote hustle culture and constant online availability since you’re not getting face time with your managers, there’s a trend in town — “quiet quitting.”


@zaidleppelin On quiet quitting #workreform ♬ original sound - ruby


The trend arose from the depths of the pandemic. Layoffs, salary cuts, and furloughs proved that their employers did not care about their hard-working employees.

The Washington Post dubs quiet quitting as a fresh trem for an old phenomenon: employee disengagement. In many cases, it’s a response to burnout. For much of Gen Z, it’s a way of establishing healthy boundaries in the office and resisting the pressure of the rat race. After all, why work yourself to the bone for a company that just proved it’s ready and willing to let you go?

Despite the term’s negative connotations, Quiet Quitting can provide an empowering shift in thinking for employees.

For far too long, employees have been indoctrinated with a slew of toxic workplace advice. Faced with these old misconceptions and lacking job security or clear paths for advancement, Gen Z is untethering their identities from work.

Quiet quitting — therefore — might be a bit of a misnomer. These employers aren’t completely disengaged. They’re certainly not launching Flight Club-esque sabotage attempts on their employers. NO. Contrary to media panic, Gen Z understands the value of a job — the fickle market they entered ensured that. But they also understand the value of life.

They’re doing what they’re being paid for. Nothing more, nothing less.

According to Chief, a private membership network focused on connecting and supporting women executive leaders, older generations should learn from this approach.

“Gen Z has already endured the largest seismic shifts to the career landscape than any previous generation, having started their careers in the middle of a pandemic that changed office culture forever and a gig economy that makes piecing together work more viable. They’re taking both those realities and therefore demanding more autonomy and flexibility than any other generation.”

Gen Z are less attached to job titles and statuses. They’re more concerned about their lives. Sure, this can lead to problematic outlooks on money and experiences — see the “I can earn my money back” TikTok trend. But it’s better than hustling for no reward. Besides, as some Gen Z-ers put it on TikTok, the office isn’t even a vibe.

“With the ability to work from anywhere and for more than just one place, Gen Z-ers are forging their own paths that don’t rely on old patterns set by previous generations and are redefining what “career success” looks like. Gen Z can take note, as more and more leaders are similarly pursuing multiple income streams of their own through the form of a portfolio career. The way in which work looks like and where it happens is evolving.”

With less single-minded focus on one job, some TikTok business gurus advocate shutting your laptops precisely at 5 pm. And then jump onto your side hustle. Do nails or lashes on the weekend. Become social media managers for your phone. Sell soap on Etsy (again … perhaps not in the Fight Club way).

But this valorization of side hustles is not about hustle culture, either. They say job security isn’t guaranteed. Learning new skills and develop an alternate income stream/s to keep you afloat. Just make sure you’re not left in the lurch. BTW inflation is here. So every little bit helps.

But where do you start? Watching TikToks can only get you so far. Try a course on LinkedIn Learning to sharpen up your skills and learn new ones that you can turn into a verifiable side hustle — or leverage in your job search if quiet quitting leads to … real quitting.

Learn on your own time with bite-sized videos or in-depth courses. Watch them after work, before you clock in, or on your lunch break. Then, after your courses are complete, you’ll have certificates prominently displayed on your profile that prove your skills.