After taking a beating in the labor market during the financial crisis — 5.2 million men saw their jobs evaporate between November 2007 and December 2009, compared to only 1.9 million for women — the tide is finally turning.
A new report by Challenger, Gray & Christmas shows that 1.7 million men have returned to the ranks of the employed since the beginning of last year, with 686,000 men finding work in the last 12 months alone.
If there’s a silver lining to be had following the financial crisis that shook the global economy in 2008, it’s this: more employers are feeling increasingly responsible for the fate of their employees — and that’s translating to more comprehensive employee benefit plans, a new survey finds.
The downside? Nearly 60 percent of the employers polled say most of their employees fail to take advantage of the resources available to them.
You’ve heard of eating local and shopping local — now a new book urges you to take the same approach to your portfolio. Locavesting: The revolution in local investing and how to profit from it guides readers through the idea that investing in local businesses, instead of faceless conglomerates, can not only benefit your local economy, it can boost your bottom line, too.
The book, by freelance journalist Amy Cortese, evolved out of a story she wrote on local stock exchanges in the wake of the financial meltdown.
In a world in which virtually everything can be done electronically, keeping track of your financial records just got a lot easier — or more complicated, depending on your level of tech-savviness and your definition of convenience.
As more banks and brokerages shift to e-statements instead of traditional paper copies, keeping tabs on financial records falls into the hands of you, the customer. The good news: A lot less paperwork to file away. The bad news: Someone has to chase down account balances, transaction receipts and monthly statements on various websites and then decide how to store them. And that someone is you.
Nothing riles Americans quite like taxes: who pays what, whether the government needs to raise them or might slash them, and how much they’re eating away at our paychecks.
And when it comes to tax avoidance — the legal means of minimizing one’s tax burden, not to be confused with its illegal cousin, tax evasion — a growing chorus of critics say high tax rates are to blame, and an overly complex tax code isn’t helping. The emerging point of view: The higher tax rates get, the more people will try to figure out ways to stop paying them.
Silver and oil prices have already begun to recover from last week’s startling rout that shaved 30 percent off of silver prices in one week. Oil, meanwhile, dipped more than 10 percent in a single day.
Who’s treating mom the best this year? If a history of splashing out on gifts is any indication, then Oregonians are the best bet: They spent an average of $137 on Mother’s Day gifts in 2010, more than any other residents in the U.S., and far beating out their thriftier counterparts in Alabama, who spent only $56.
The findings, by online marketplace Ebates.com, suggest Americans are finally shaking off the effects of the recession and gearing up to treat mom well this year.
What does the threat of a zombie attack and a financial meltdown have in common? For starters, you have to act fast, remain calm and fight back. That’s the premise of the off-beat new book, “Zombie Economics: How To Slay Your Bills, Decapitate Debt, and Fight the Apocalypse of Financial Doom,” a tongue-in-cheek guide to financial survival for the type of people who like a good chuckle when they’re slogging through a crisis.
As the title suggests, Zombie Economics takes a “survival-at-all-costs” mantra to fresh heights, introducing each chapter with a breathless scene straight out of a horror flick, except the bad guy isn’t going to eat your brains — the real enemy is bankruptcy, financial predators and debt.
Good news, college grads: the entry-level job market is the best it has been in three years — but you may have to settle for less money and a position outside your preferred career path, a new report from Challenger, Gray & Christmas shows.
“There’s lots of positive news out there, and we’re finally seeing some significant job creation,” says John Challenger, chief executive officer. But before you start daydreaming about the corner office, he adds one caveat: The job market isn’t what it used to be, and it may not provide the “ideal job situation” for everyone.
So you think you want to be a landlord, do you? Your second home is in the perfect vacation spot and the extra income will add a nice boost to your bottom line.
But before you skip off to place a classified ad, be warned: Renting out your property can become complicated, particularly for those in the wrong mindset, experts warn.