Tuesday, May 26, 2009

Slumping economy impacts vacations

According to a survey by CareerBuilder.com, 35 percent of workers say they haven't gone on or aren't planning to take a vacation this year. Of those, 71 percent said they just can't afford a vacation during the recession. As a result, more people are electing to stay close to home during their time off.

Meanwhile, small business owners say that vacations and holidays are luxuries they can hardly afford. That's according to a recent survey of 750 small-business owners by credit card issuer Discover Financial Services. As these entrepreneurs continue to hunt for new clients and survive the ailing economy, they are scheduling less down time.

Is the recession impacting your leisure time?

Sources: Houston Chronicle, USA Today

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