Remember we have choices.
Economy
Aviva Confirms Additional 326 Planned Layoffs – Des Moines Register Staff Blogs
The planned job eliminations mean that about 780 of the 1,800 people employed at Aviva USA on May 1 have either left or been told their jobs are being eliminated. That’s 43 percent of the workforce at a time when states are spending millions to battle one another for jobs.
via Aviva confirms additional 326 planned layoffs | Des Moines Register Staff Blogs.
American Medical News Ceases Publication
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.
lifeunderwriter.net 
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