major_vs_career(lg).CMC/HC2014

College Isn’t a Cure-All

Tomas Chamorro-Premuzic and Becky Frankiewicz writing for the Harvard Business Review (HBR) tackled the topic of higher education and full employment leaving out, for now, the idea of a lasting peace of mind. Of course, although there may be a multi-decade correlation between a college degree and three or less careers in one’s lifetime, equaling financial security, or as we…

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Income Inequality Continues to Expand

The difficulties for those in the younger generations to generate wealth are consequences of a structural shift in the U.S. economy in the last forty years, well before today’s late Boomer and Gen X parents entered the labor market as twenty-somethings. As highlighted in a recent Federal Reserve Bank research paper, “Market Power, Inequality, and Financial Instability”, Isabel Cairo &…

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Confidence Slipping, Mind the Gap

Consumer confidence on Main Street, as measured by the Conference Board, is waning, dipping lower than levels at the height of the shelter-in-place orders in April, in direct opposition to the rapidly improving confidence of Wall Street from the lows in Spring 2020. And, yet, that same Wall Street confidence only constitutes 10% of Americans who own 87% of the…

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Employment Outlook Requires Purposeful Action

With nearly half of all American adults out-of-work and a second wave of the coronavirus making itself known with governments at the state, federal and local levels issuing varying orders affecting daily life, new entrants into the labor market, the young college graduate or not, are rightfully concerned. Nearly half of the population is still out of a job showing…

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Got Jobs?

Since many attend college in search of “The Golden Ticket”, AKA “a good job”, the above map can give needed information about employment opportunities to both high school seniors and soon-to-be college graduates. With more information about the greatest potential employment in a particular location, students can consider if they’d move somewhere, apply to a specific college, what internships may…

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