There’s actually a bright side to high gas prices! It’s true. I’ve witnessed it with my own eyes. Every day, I set out on my 7-mile urban hike. And, every day I pass by my neighborhood bicycle shop. Normally, the shop’s pretty sleepy. But recently, business is booming.
More often [...]
I generally write about my clients’ concerns, but today’s post focuses on my family’s business, a 32 year-old facility management firm. My parent’s business has fared better than expected during the economic downturn. They’ve had a couple of clients request lower rates. They’ve had to ask clients to pay higher rates to [...]
Weirdly enough, in the midst of all the job losses, the business closures and the foreclosures there is a bit of good news about the wage gap. No, the gap hasn’t closed; women still earn about 70 cents for every one dollar men earn. They may not have parity, but women are actually getting even.
You [...]
The April Jobs Report revealed a big spike in the number of persons employed in part-time jobs. A surprising 306,000 workers joined the part-time workforce in the month of April alone, bringing the grand total of all part-time workers (year-to-date) to 5.2 million. That’s 849,000 higher than in April 2007.
The increase is due [...]
No one is immune to the effects of the economic downturn. Professionals in every field have been laid off. Businesses in every industry have had to downsize or shut down altogether.
Truth is, the economy as we’ve known it is gone. And, it’s not coming back. So, you’ll need new skills for [...]
While American MBA grads are struggling to wrap their brains around their new, lower-paying reality, grads of Indian MBA programs are raking in the dough–U.S. economic recession be damned.
Starting salaries for MBAs from Indian B-schools are up 20% to 22%, while starting salaries for their U.S. counterparts are down 10%-15% from their pre-recession highs.
At the [...]
The April Jobs Report is out and the news is sort of…kind of…good (for now).
Employers eliminated ONLY 20,000 (nonfarm) jobs in April–the fewest monthly losses so far this year. That’s good when you consider that 81,000 jobs were cut in March.
The unemployment rate dropped to 5 percent, from 5.1 percent.
News of the April Jobs Report [...]
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