Another Portfolio vet has scored a sweet gig.

Sara Clemence, the former lifestyle editor of Portfolio.com and co-founder of Recessionwire.com, has been appointed deputy business editor at The New York Post.

According to her Recessionwire bio Clemence’s job at Portfolio.com disappeared in a round of layoffs at the magazine at the end of last year. She was moved over to Conde Nast publication, shelter magazine Domino, which folded the same day. Clemence then went on to found Recessionwire with another former Portfolio.com staffer Laura Rich and freelance writer Lynn Parramore.

Clemence formerly worked for Forbes.com, The Albany Times Union and The Anniston Star. After working for the past few years in online media, it will be interesting to see what changes Clemence will bring to bear at New York’s News Corp.-owned tabloid paper.

Related: Former Portfolio.com Staffer Lands TV Gig

We all know the old saying that when life hands you lemons you should make lemonade. Well the media industry has been handed a whole lot of lemons of late and three young women have decided to make the most of it.

Just this week Laura Rich, Sara Clemence, and Lynn Parramore launched RecessionWire.com, a website which hopes to “capture the stories and improve the lives of urban professionals who…are getting effed by the economy.”

We spoke with co-founder Laura Rich yesterday, who told us RecessionWire was initially conceived at birthday party a few days before last Thanksgiving. Clemence and Rich had just been laid off from Portfolio.com and Parramore had just lost half of her freelance gigs. “Instead of being upset about it or freaking out, we decided to start the site. There’s this incredible a story out there that’s the recession.”

The idea behind the site, Rich says, is to deal with the recession in a more positive way, “You’ve got to find ways to live and ways to get through your day and keep things going.”

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