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7 March 2011

Gen Y, the Farmers?

 Career,Commodities         2 comments

When it’s tough to find a job or you’re limited to part time employment, plus up to your eyeballs in student loan debt, it would seem logical that you don”t have much of a choice but to grow your own food and hope you can turn a profit selling to the locovores. Now, Mr. Jones, [...]

14 February 2011

U.S. Income Growth: Reversion From the Mean

Over the long haul, the gap between incomes doesn’t seem to be all that terrible. After nearly a century, one would expect income growth to be reasonably balanced after such a large data set. However, things get a little crazy in the early 80s. More friendly tax policies, aggressive lobbying for loopholes, insane levels of [...]

7 January 2011

Middle Class Job Erosion & Mind Blowing Job Loss Statistics

Gee, anyone else see a long developing trend, followed by a step off the precipice here? Image via Chart Of The Day When people begin to wonder why the rest of the world is catching up to the U.S, and why our middle class is shrinking, you must remember that the majority of the companies [...]

29 December 2010

Unemployment Rates by Education

Hey kids… think education doesn’t matter? The unemployment rate among the different groups has essentially stabilized, but it is interesting to note that a 2 fold difference exists between four year degree graduates and high school grads, and a 3 fold difference between high school dropouts. Bottom line: education matters. Just don’t choose a generic [...]

23 December 2010

Experience Doesn’t Mean Much in a Constantly Evolving World

 Career         1 comment

My daily dose of Dilbert accurately sums up why I was nearly fired from my last job… As it turns out, industry vets (or posers) who have worked their entire lives within an industry and fail to adapt to new technologies/attitudes/cultural memes get awfully pissed off when you question their abilities/analysis. After all… Intelligence is [...]

8 September 2010

Academic Inflation: The Mother of All Investment Bubbles

I keep a fairly watchful eye for investment bubbles, but the rise of America declaring war on work and degree factories pumping out diplomas (subsidized by Federal & State governments) not worth the paper their printed on have created an unsustainable academic system if Generation Y, and the generation behind them, can’t get a job [...]

6 June 2010

Unemployment Numbers of The Great Recession

I’ve fielded a few private email questions about unemployment rates over the last few weeks, but mere words doesn’t exactly do The Great Recession justice after taking a look at the following chart comparing The Great Recession to all other recessions. Scary stuff… Check out the two red lines at the bottom. The solid one [...]

18 March 2010

Best Excuses to Skip Work and Watch March Madness Basketball

 Career,Humor         8 comments

This is a devil’s advocate, humor based post. I do not recommend you skip work for any event. However, I will admit to using and/or knowing colleagues that successfully used these excuses, but do not hold me responsible if you were terminated because you can’t properly execute a little white lie. March Madness might be [...]

5 March 2010

Education versus Unemployment Rate

Update: Unemployment Rates by Education As if you needed more ammo in the “education matters” debate, take a look at your chances of becoming a disposable worker (a less than flattering way of saying unemployed) if you only have a high school diploma or you’re a high school dropout. Graphic via Chart of the Day. [...]

14 February 2010

Best Reads of the Week: Too Many Social Media Choices Edition

 Administration         6 comments

I fully admit I’m not the smartest guy in the world, but I’m of the opinion that there are far too many ways to tell people to follow you, tell people to read your stuff, or cutesy little buttons to tell people they should read what you just read. Of course, I’m talking about the [...]

20 January 2010

Should I Ignore My Raise and Save the Difference in Income?

This personal finance question comes from reader Gary, who recently got a surprise promotion and a 20% raise after his boss left the company. He’s married, has a 2 year old daughter that his wife is caring for full time, has a monthly mortgage payment, two monthly car payments and no consumer debt. He’s curious [...]

11 January 2010

Knowing When Enough is Enough

Some people can never have enough. Alternatively, some people are satisfied with just eeking out a living doing what they love. It all depends on your goals, your upbringing, and maybe even your sensitivity to the law of diminishing utility. In other words, asking how much of something (money, time away from family, anonymity) is [...]

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