Unemployed college graduates outnumber unemployed high school drop outs. Is your expensive college degree worth it? CNN says maybe.
December 5, 2008
Pink Slips Gateway to “Shadow Industry”
Business Week’s Jon Fine came out with his media predictions for 2009. Among his 10 prophecies is one that caught our eye: “A sort of shadow media industry is born—properties created and staffed by those pink-slipped in ’08 and ’09. This sets the stage for epic clashes with existing players in ’10 and beyond.” Boys and [...]
December 5, 2008
It’s Worse Than We Thought
November saw the largest one-month decline in employment since 1974, with 533,000 employees receiving a pink slip, edging the national unemployment rate to 6.7%. According to The New York Times, the current recession, now at 12 months old, is poised to make this the longest span of economic contraction since the Great Depression. The report [...]
