A tough eight-hour commute

An auto worker decides to stay with GM -- even though that means working 500 miles away.

By Kim Peterson Feb 22, 2010 1:06PM
It's a sad sign of the times -- and of the state of the U.S. auto industry: One General Motors worker now drives an eight-hour commute to keep his job.

The Huffington Post has the story of Michael Hanley, who faced losing his job after GM shut down the Wisconsin plant he worked at. He could either look for a new job where there were few available, or track down a GM opening, wherever that may be.

He decided to keep his GM paycheck and health insurance, even though that meant working in Fairfax, Kan. Once a week, he drives back home to see his wife and children -- a round-trip journey of more than 1,000 miles.

Like many other divided GM families, the Hanleys decided even though the job was important, there were reasons not to uproot everyone: Laura works at their sons' Catholic school, the boys are immersed in band, Scouts, basketball and church, and the sale of a house was an iffy and perhaps money-losing proposition.

For Hanley, writes Sharon Cohen, the trade-off was financial security for a lonely existence. He plans to do this for another 18 months until he turns 50, and is hoping he can get a retirement package at that point.



0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

126
126 rated 1
286
286 rated 2
474
474 rated 3
680
680 rated 4
626
626 rated 5
609
609 rated 6
620
620 rated 7
462
462 rated 8
304
304 rated 9
132
132 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
BIDUBAIDU Inc10
BXTHE BLACKSTONE GROUP L.P10
CELGCELGENE CORP10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.