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Dr. Paul Craig Roberts – Unemployment in America: Another Phony Jobs Report

As John Williams has made clear, the monthly payroll jobs number consists mainly of an add-on factor of 200,000 jobs.  These jobs are a product of the assumption in the Birth-Death Model that new business ventures create more unreported new jobs than the unreported job losses from business failures.   If we sustract out this made-up number, July saw a gain …

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Greg Palast – Dad’s Last Erection

Just before his eighty-ninth birthday, my father was watching a Viagra commercial on TV. It ends with the warning, “If an erection persists for more than four hours, contact your doctor.” He called up his clinic and got the nurse. He’d taken some Viagra, he said, more than four hours ago and his erection still wouldn’t go away. “Mr. Palast, …

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Four Risk Factors for Burnout—And How to Overcome Them

Work-life balance is one of the aspects of well-being that I have the hardest time implementing in my own life. As a happiness researcher and consultant, I really do try to practice what I preach. But work-life balance is something I often work at for short bursts before I end up backsliding into workaholism. I know that I am not …

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Jean M Twenge Ph.D. – Do Millennials Have a Lesser Work Ethic?

The collision between the Millennial generation’s expectations and reality was in full display recently, as 25-year-old Yelp employee Talia Jane wrote an open letter (link is external)to the company’s CEO complaining about her job and was promptly fired. Jane has some undeniable points about the egregiously expensive rent in the Bay Area and the general ignorance of the well-off to recognize how …

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Dean Baker – Your retirement prospects are bleaker than ever

The vast majority of Americans who expect to retire in the next decade can count on little income other than their Social Security. This is true not only for low-income workers, who have struggled most of their lives, but also for millions of middle-income workers. Although Social Security is a tremendously important program, and provides a solid base that retirees …

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Robert Reich – The Morality of a $15 Minimum

Have you noticed how often conservatives who disagree with a policy proposal call it a “job killer?” They’re especially incensed about proposals to raise the federal minimum wage. They claim it will force employers to lay off workers worth hiring at the current federal minimum of $7.25 an hour but not at a higher minimum. But as Princeton University economist …

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Julie Fidler – Study Finds Stress at Work is Just as Bad for Your Health as Second-Hand Smoke

Being stressed out at work is just as bad as regularly being exposed to second-hand smoke, a new study by researchers at Harvard Business School and Stanford University finds. Using data from 228 other studies that assessed the effects of 10 workplace stressors on employee physical and mental health, morbidity, and mortality, researchers concluded that workers who faced a great …

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Expat Files – 10.11.15

-So many gonnabees and wannabees want desperately to become Expats you’d think there would be a big gringo stampede south of the border. But there isn’t. Because its such a big leap it usually takes some kind of first-world trauma or a “straw that broke the camel’s back” moment to set the plan in motion.
Today we have such a story and more… a wannabee/gonnabee describing the particular traumatic moment that sent him over the edge.

-For those of you wondering how to transport your gold and silver down to Latin America: did you know there are certain secure ATM machines in Colombia and Peru that actually dispense gold and silver ingots?

-You may have heard of the recent landslide in Guatemala that buried 500 or so people, and their homes. They were squatters: the poorest of the poor. Tragedy and disaster for them, yes. But as for us, not to worry. That kind of stuff just doesn’t happen to Expat gringos. Here’s the rest of the story…

-Just when you think nothing much will surprise you, something happens that makes you stop and wish for a camera. Even long term expats in Latin America get fun and weird surprises most every day.

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Dear Janet Yellen, Here Is All You Need To Know About The US Economy: True Unemployment Is Over 12%

One of the great mysteries surrounding the US economy is the seemingly inexplicable discrepancy between the plunging unemployment rate on one hand, which at 5.1% in August was the lowest since April of 2008 – a data point which on the surface would suggest virtually no slack in the labor force –  and the crawling pace of growth of the …

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New research confirms how to take better workday breaks

Most people take breaks during their workdays. Coffee breaks. Lunch breaks. Short chats with coworkers. Maybe late afternoon walks around the building. But are they taking the best type of breaks? Breaks that boost energy, concentration and motivation? Two Baylor University researchers have published a new empirical study – “Give Me a Better Break: Choosing Workday Break Activities to Maximize …