Scary Charts of the Day – 2/2/10

The Next Leg Of The Housing Crisis In Five Simple Charts | zero hedge

You may wonder why I continue to post charts on the economy in a life underwriting blog and website.  Here’s why.

People under financial strain will sometimes resort to extraordinary measures.  In this economy, pay extra attention to your financial underwriting.

Financial underwriting matters more now than it ever has in a very long time.

New Hiring Practices – 2009

WORKFORCE METRICS
NEW HIRING PRACTICES
Percentage of employers reporting new hiring practices, 2009
Offering delayed start dates
(e.g., six to 12 months later)
7%
Offering internships to new graduates 9
Lowering starting salaries 24
Targeting younger, less-expensive
employees
14
Targeting experienced, reduced-risk
employees
9
Hiring freeze 44
Source: Monster

I got this chart in an email from Workforce Recruiting.