Google economist Bo Cowgill is quitting to pursue his Ph.D. at Berkeley, he’s told friends. In itself, Bo’s departure isn’t exactly big bad news for Google (GOOG). But the fact is, Bo is just one of many talented people fleeing the company. Click here to scroll through the Google Brain Drain → When we went over some of the higher-profile departures in September, we pinned them on three causes: Google doesn’t feel as entrepreneurial as it used to. There are only so many top spo
From the Toronto Star With about a million British youth unemployed, ours is hardly an isolated crisis. A recent editorial in the conservative U.K. Economist says the “plight of the jobless young … invokes talk of a lost generation.” It notes the well-known phenomenon that “prolonged unemployment early in people’s working lives will leave them scarred in the long term. Youngsters who have been jobless for a year or more tend to do worse in the labour market for the rest of their lives.”
Want to land on your feet post-layoff? You might want to take the “lessons learned” approach to some new sobering statistics. According to new research discussed in this New York Times article , many laid off workers take years to recover and get back to their previous salary and most, on average, will not return to their pre-layoff incomes. This new working paper by Columbia University economist Till von Wachter and two other economists found that from 1984 to 2004: most workers do not re
Women in Transition From Post Feminism to Past Femininity “[In]… the brothels off Wenceslas Square, in central Prague, [where] sexual intercourse can be bought for USD 25 – about half the price charged at a German brothel… Slav women have supplanted Filipinos and Thais as the most common foreign offering in [Europe].” (The Economist, August 2000, p.18) “I’m also wary of the revolutionary ambition of some feminist texts, with their ideas about changing present conditions, having seen enough
Yet another Obama endorsing entity realizes that “gee, maybe Obama really doesn’t have what it takes.” The Economist: Learning The Hard Way HILLARY CLINTON’S most effective quip, in her long struggle with Barack Obama for the Democratic nomination last year, was that the Oval Office is no place for on-the-job training. It went to the heart of the nagging worry about the silver-tongued young senator from Illinois: that he lacked even the slightest executive experience, and that in his brief
