Having a certain degree or job title or being in a specific industry for several years (or even decades) doesn’t mean you’re stuck there. More and more people are having multiple careers these days, and it’s ridiculous to assume that 18-year-olds know what they want to do for the rest of their lives when they choose their degree course, says inc. If you’re not in the right profession, change it.
On Monday, my "question of the day" was What will the unemployment rate look like for the rest of the decade?
Click on the above link to see an interactive map that lets you select the rate of job growth up to January of 2020.
Echoing Charlie Munger, Oaktree's Howard Marks warns today's institutional and retail investors that "everything that’s important in investing is counterintuitive, and everything that’s obvious is wrong." These words seem critically important at a time when the world and his pet rabbit is a self-proclaimed stock-picking export.
When it comes to job openings, America is not created equal. While some regions have recovered rapidly from the financial crisis, others are still struggling. Job search site TheLadders takes a look at the places in America where it's easiest and most difficult to find a job. Unemployed people might not necessarily have the wrong skills, the analysis shows. They may just be in the wrong part of the country.
Jon Chait did a very funny job taking apart David Brooks's column on reconciliation. I want to do a serious job on it. The factual statements Brooks uses in his argument are wrong. Not arguable, or questionable, or suspicious. Wrong. And since everything else flows from those wrong facts, the rest of the column can't be taken seriously.
The crew got their orders from the bank: a house was getting repossessed, and it was their job to clean it out. They did. What they didn’t know was that they had the wrong house. The real target was a home on a street with the same name in a different town. Who screwed up? The repo crew? The bank? The person who named the streets?