Scary Chart of the Day

Let's all stop shopping at the same time

Let's all stop shopping at the same time

Since the Great Crash of 2009 I’ve often wondered if we are experiencing a run of the mill type of recession or something else.  I’ve also thought a lot about large scale fundamental shifts in behavior, like if everyone stopped shopping at the same time.  Now I think about whether or not consumer behavior has permanently changed?

If the answer to this is yes…

Wall Street Bear Discussion Board: View Thread

We Don’t Need No Stinkin’ Training!

REDUCING OR ELIMINATING TRAINING TO CUT COSTS
IN THE RECESSION

Percentage of companies reporting they had reduced or eliminated training
October 2008 10%
December 2008 23
February 2009 35
April 2009 42
Percentage of companies reporting they planned to reduce or eliminate training
October 2008 18%
December 2008 18
February 2009 15
April 2009 8
Source: Watson Wyatt Worldwide, April 2009

Reproduced without permission from a newsletter I received called Workforce Training Management.