It’s not just a millennial problem. Student loan debt increased eightfold among Americans aged 60-64 in the last decade. Is anyone paying attention?
Source: More Baby Boomers Are Drowning In Student Loan Debt–And No One Knows How Bad It Will Get
It’s not just a millennial problem. Student loan debt increased eightfold among Americans aged 60-64 in the last decade. Is anyone paying attention?
Source: More Baby Boomers Are Drowning In Student Loan Debt–And No One Knows How Bad It Will Get
Source: Pension Problem Too Big To Ignore? | MishTalk
Source: Your pension could be at the center of America’s next financial crisis | TheHill
The situation is not getting better. The future looks more and more like cat food and crackers for a lot of retirees.
Never before have American companies tried so hard to employ fewer people. From Google to Wal-Mart, the outsourcing boom is cutting costs for firms and job security for millions of workers.
Source: The End of Employees – WSJ
I told my children when they were leaving education that they would be well advised to look for customers not bosses.
It’s been exactly seven years since I read Charles Handy’s The Age of Unreason. And if you are familiar with Handy’s work the WSJ’s article should not come as a surprise. The surprise is how long it has taken for companies to figure out how to outsource effectively.
Northwestern Mutual Mass Layoff Announcement comes Thursday morning during a company meeting.
Source: Northwestern Mutual Announces Layoffs: Hundreds of Job Cuts – Wauwatosa, WI Patch
Goodbye opioids. Hello heroin. Cheaper and easier to get heroin nowadays than prescription pain killers.
Source: Drug Tests: More American Workers Are Testing Positive
The number of U.S. workers testing positive for illegal drugs has reached its highest level in a decade, according to a new study. With a huge jump in heroin use.
There’s a lot of moving parts, but the bottom line for life insurers in this low interest rate environment is they just can’t earn enough money to meet the
Source: MetLife tumbles after results; job cuts on the way – MetLife, Inc. (NYSE:MET) | Seeking Alpha
Why has business education failed business?
Source: Want to Kill Your Economy? Have MBA Programs Churn out Takers Not Makers. – Evonomics
HT – naked capitalism
Read it and weep.
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