High school and college kids typically get the jobs that are left over, that no one else really wants, such as working at McDonalds.
However, competition for any job is no so intense, that teens cannot find any job that no one else wants.
As a result of that increased competition, Number of high-school students with jobs hits 20-year low
A B.C. Supreme Court justice says three adults who were left to fend for themselves as teenagers decades ago do not have to pay support to their estranged mother.
Justice Bruce Butler ruled in a decision posted online Thursday that while Shirley Marie Anderson is financially dependent, her children, Donna Dobko, 53, Keith Anderson, 51, and Kenneth Anderson, 48, do not have the money to support her.
And even if they did, Butler said he’d make no such order favouring the 74-year-old mother.
Listening to the media await the release of the latest bank stress tests from the Fed, one is reminded that bank supervision is not the first and foremost concern of the central bank. Froth in the equity and housing markets are seen as better indicators of policy success than job creation or credit expansion. With the US economy entering another speculative phase c/o quantitative easing, Wall Street is jubilant at the prospect of further capital and loan loss releases by the banks.
People who have nothing to eat, no job, and are about to be tossed out of their homes in foreclosure, really do not know what stress is.
To fully appreciate stress, please consider the sorry "plights" of Andrew Schiff, marketing director for Euro Pacific Capital, Daniel Arbeeny, a Wall Street headhunter, and hedge-fund manager Richard Scheiner.
The market rally of the past few months has propelled the Dow Jones Industrial Average to a new all-time high and has put the S&P 500 Index of within striking distance of its previous all-time high reached in October 2007. In a note this week, Credit Suisse’s Private Bank Investment Committee said that ”plentiful liquidity, attractive valuations and low inflation” are helping fuel the current rally and “make equities among our best options in an asset allocation context.”