Business Trends
Scary Chart of the Day
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…
6.0 305 lbs + Sleep Apnea = Standard!
Buy Now! Rates are Rising!
Good Time To Refinance Term Life Insurance – Courant.com
Here’s another article on rising term rates in the industry. If this type of reporting continues, there should be a huge spike in term insurance sales by the 4Q of this year.
Term Life Rates Rising
How to Cope With Rising Life Insurance Rates – Kiplinger.com
Not an extremely informative article but a snapshot of what the mainstream consumer financial press is reporting on the long awaited upswing in term insurance rates.
A Disturbing Picture – Scary Chart of the Day June 27, 2009
EconomPic: Global Unemployment to Rise to 1970’s Levels
Does anyone else besides me find this chart to be really disturbing?
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.
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AIG Update – “Unprecedented” Economic Conditions
AIG to close Milwaukee center, lay off 291 – The Business Journal of Milwaukee:
I have friends at AIG/American General which makes this news painful. From a former insider, there were 60 layoffs in Dallas, 124 in Houston. Reportedly, there were staff reductions at every location in the country.
How Bad Is It? Work For Free Coming Soon
Why British Airways Is Asking Staff to Work for Free – TIME
Working for free is a bad idea.



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