American Medical News ceases publication after 55-year run – amednews.com.
Economy
The Boredom Room – NYTimes.com
Layoffs Taboo, Japan Workers Are Sent to the Boredom Room – NYTimes.com.
There are American versions of the “boredom room”.
Trust me on this.
Mish’s Global Economic Trend Analysis: French Egg Producers Smash 300,000 Eggs and Demand Government Action to Raise Prices
Leaving the Nest – NOT
As the Federal Reserve considers weaning the nation from financial life support, a new study released Thursday by Pew Research Center shows that the number of young adults living with their parents in 2012 rose to a record 36%.
via For millennials, leaving the nest is hard to do – latimes.com.
A Lost Generation | Thoughts from the Frontline Investment Newsletter | Mauldin Economics
An Ugly Secular Trend in Part-Time Work
via A Lost Generation | Thoughts from the Frontline Investment Newsletter | Mauldin Economics.
It’s been a while since I posted a link to some Scary Charts. You want Scary Charts? Read this online post and you’ll see plenty of Scary Charts.
TaskRabbit Confirms Layoffs – TechCrunch
The company started as a purely consumer-focused product to let regular people outsource their odd jobs and tasks to others, but it has indeed been increasing its focus on the enterprise space in recent months.
via TaskRabbit Confirms Layoffs As It Realigns To Focus On Mobile And Enterprise | TechCrunch.
Regular people don’t outsource errands and odd jobs.
Expense reduction will only postpone the inevitable.
Tandem Parking Spots Sell for $560,000
Bidding began at $42,000. It shot up to six figures within seconds. When the auction ended 15 minutes later, the lucky winner agreed to pay $560,000 — nearly double the $313,000 median sales price of a single-family home in Massachusetts.
“This is just amazing,” said Ken Tutunjian of Coldwell Banker Residential Brokerage, declaring the price a new parking space high. “God bless America.”
via Tandem parking spots sell for $560,000 – Business – The Boston Globe.
Presented without further comment because you really don’t want to know what I think of this!
The Economy In Pictures and Rock and Roll
Guest Post: The Economy In Pictures | Zero Hedge.
How Rock ‘N’ Roll Can Explain The U.S. Economy : It’s All Politics : NPR.
Saturday morning, a little exercise, a lot of coffee, time to catch up on the news. Then it dawned on me: I haven’t posted any Scary Charts in a while. Click the first link above and feast your eyes. Then read the article on NPR to remind yourself…
It’s only rock and roll but I like it.
Insurer Aviva to cut 2,000 Jobs
Aviva cut 2,500 jobs globally last year and has made annualized cost savings of 275 million pounds through its efforts so far.
via Insurer Aviva to cut 2,000 jobs and redundancy payouts – chicagotribune.com.
The ax is falling in the UK.
America: A Nation of Permanent Freelancers and Temps
We are quickly becoming a nation of permanent freelancers and temps. In 2006, the last time the federal government counted, the number of independent and contingent workers—contractors, temps, and the self-employed—stood at 42.6 million, or about 30 percent of the workforce. How many are there today? We have no idea since 2006 was the last year that the government bothered to count this huge and growing sector of the American workforce.
Traditionally, being self-employed used to come with a social stigma; you were self-employed if you couldn’t get a “real job.” Work was inconsistent and so was the pay. Today, the opportunities for contingent, project-based work are exploding, as is the development of tools that allow people to work independently across industries like software, design, marketing, legal services, architecture, healthcare, and engineering.
via America: A Nation of Permanent Freelancers and Temps – Jeremy Neuner – The Atlantic Cities.
lifeunderwriter.net 
You must be logged in to post a comment.