EconomPic: ADP Reports 298,000 Jobs Shed in August
business
Life Sales Plummet
Limra Records Steepest Drop in Life Sales – Distribution – Life and Health Insurance News
After a 26% dive in the first quarter compared to a year earlier, individual life insurance annualized premiums dropped 20% in the second quarter, according to a new survey.
Scary Chart of the Day – August 26, 2009
Scary Chart of the Day – August 20, 2009
Source: Mortgage Bankers Association
Mortgage Delinquencies Rise To Highest Level On Record – Planet Money Blog : NPR
Scary Chart of the Day – August 19, 2009
I had to look at this chart twice to grasp its full meaning.
United States Inequality in the Recovey Period « The Baseline Scenario
Scary Chart of the Day – August 7, 2009
The scary line is the bluish one trending upwards.
Job Searches Taking Longer – Planet Money Blog : NPR
Question of the Day – August 7, 2009 – Can Businesses Really Do More With Less?
At the end of 2007 a large Midwestern US insurance company instituted mandatory 55 hour workweeks for their underwriters.
A year later, that same company a laid off a bunch of people. Some of these employees were the same people from whom management mandated OT from just one year prior.
The hamsters are dying. I don’t think they can do more with less. Time for a new business model.
My answer to the question is NO.
Businesses Learn To Make Do With Fewer Workers : NPR
Since December 2007, the labor market has seen a net decline of 6.5 million jobs.
Read This After You Digest Yesterday’s Scary Chart
Workforce Blogs – The Business of Management
But when an overwhelming 85 percent of the unemployed say that they’d take a job for 20 percent less than they made before, then maybe it’s time to stop blaming the out-of-work people for their predicament and focus on the real issue: a shattered economy that looks like it’s going to stay shattered (at least in terms of job growth) for a long time.
Scary Chart of the Day – August 4, 2009
EconomPic: “Japanese Wages in Record Plunge”
This is what happens to the people who make the stuff we used to buy.
Another New Link! (sorry, not a remote underwriting job site)
I’ve added a link to the US Courts website page on the basics of bankruptcy.
Read up. You’ll be underwriting a lot more bankruptcy cases in the years to come.
lifeunderwriter.net 
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