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Showing posts with the label income

Everyone Making More Progress Than You? Be Grateful

The economy is booming.  Stocks are through the roof.  And your neighbor, who just got a great new job, is putting a pool in the backyard. Progress is great.  Unless, of course, it's not happening for you, according to newswise.com. Economic progress can cause people to feel dispossessed and angry if they don’t feel like they are also advancing, a new study notes. “The results indicate that a booming economy may not be the incumbent government’s sole insurance against loss of public support,” says  Cecilia Hyunjung Mo  of Vanderbilt University, one of three authors of the study, “ Economic Development, Mobility, and Political Discontent."   “People must feel they are doing well and sharing society’s success.” The study was conducted using face-to-face interviews in 2013-2014 in Pakistan, covering 2,090 households in 76 villages in the Punjab, Sidh and Kyber-Pakhtunkhwa (KPK) provinces. Subjects were divided into four groups. Those primed into vi...

Can Kids Kill Your Career?

I admit, the headline caught me.  "Are Children Career Killers ?" This was a study conducted by Washington University in St. Louis and the results?  Women should wait till after 30 to have children if they want career growth, according to newswise.com. I'm not so sure I agree with that.  Now, most women don't wait till their mid-40s like I did, but the thinking is that, for college graduates and even those without a college degree, researchers found lower lifetime incomes for women who gave birth for the first time at age 30 or younger. The hit was particularly stark for women without college degrees who had their first children before age 25. "The findings highlight the financial trade-offs women make when considering their fertility and career decisions,” the web site quotes Man Yee (Mallory) Leung, a postdoctoral research associate at Washington University School of Medicine. “Other studies have focused on the effect of children on women’s wages, ...

Finally, Some Good News for Older Workers!

Well, maybe a little.  But a new study just out says workers 60 and older (I'll be there soon) are earning more than their younger counterparts.  Now, I hope that doesn't mean at Burger King! According to smartplanet.com, "Older workers are more educated, more productive, and make more money than ever before. And with the increasing numbers of Baby Boomers hitting age-60 mark, these trends are only going to accelerate." Wish I could say I'd seen it.  I've been out of work for about six months and though there are some bright spots on the horizon, I must confess that I'm pretty cagey about my past experience.  I've even, I hate to admit it, lied about my college graduation and first job dates. But recently I had an interview that went well (we'll see) and I was overjoyed to see that one of the people interviewing me was at least as old as me.  (Of course, the executive above her looked about 20!) I, too, used to think people in their 60s sh...