Tag: accounting

Incredible Tornado Footage from Illinois, Yesterday
April 10, 2015 0

Incredible Tornado Footage from Illinois, Yesterday

By News Desk

Incredible Tornado Footage from Illinois, Yesterday Posted by Michael Shedlock at 6:05 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

Employment: What Age Group Gets the Jobs?
April 6, 2015 0

Employment: What Age Group Gets the Jobs?

By News Desk

ZeroHedge claims No Country For Young Workers: Only Americans 55 And Older Found Jobs In March . We first showed back in October 2012 that in America, courtesy of the Fed’s micro-mismanagement of everything, the labor force has been turned upside down, and the only jobs being created are those for aged workers, Americans 55 and over. The reason is two-fold: with savings rates at zero, Americans who were on the verge of retiring found that the fruit of their labor was worth nothing under ZIRP (and may well be punished under the upcoming NIRP) as their savings (and fixed income investments) generate zero interest income, while young Americans would rather stay in college by the millions funded generously by trillions in Uncle Sam student loans