Much of the concern is again focused on the euro area: Almost two-thirds of those polled said its economy was weakening while 89 percent saw disinflation or deflation as a greater threat there than inflation over the next year. Respondents said the European Central Bank and the region’s governments are making the situation worse by pursuing too-tight policies, and fewer expressed confidence in ECB President Mario Draghi and German Chancellor Angela Merkel.
U.S. Men Make Employment Gains (jdargis)
Men suffered far more in the recession, in part because occupations that are dominated by men were hard hit. Construction jobs — only about an eighth of which are held by women — were devastated, falling nearly 30 percent from the peak and, even now, are still well below 2007 levels. The number of jobs in education and health services, on the other hand, dipped by just 4 percent. More than three-quarters of those jobs are held by women.
Vigilant Eye on Gender Pay Gap (jdargis)
Employers need to keep several data points on their workers to run the sophisticated assessments needed to tease out gender bias, academics said, and the depth of employers’ human resources systems vary. But several companies — from diaper purveyors to military contractors who have them in place — said these systems had also helped them begin to tackle another related challenge: Why are so few women at the top of the organizations (or even the top of the middle)?
Why Aren’t Milennials Saving Money? (jdargis)
This mistrust of banks, along with historically low income and investment, is added to the fact that saving money is just really hard—for everyone. It may be that we need to trick ourselves to do it: Harvard economist David Laibson has some suggestions on how to raise the savings rate for those with jobs, namely an opt-out (rather than an opt-in) system that would make it easier for Americans to save. New companies like LearnVest offer financial planning for young professionals. While there’s still some debate amongst economists about whether a high savings rate is good for the economy, making saving easier is definitely a step in the right direction for Millennials to become more financially stable and a less cheap generation.
Clearly, some consumers will go shopping whenever retailers say their doors will open for Black Friday sales, no matter if it’s a national holiday. A survey from Accenture indicates that 45% of consumers plan on shopping in some capacity on Thanksgiving Day or evening, nearly half of whom will physically go to stores between 6 p.m. on Thanksgiving and 5 a.m. on Black Friday. (Presumably, the majority of the rest will focus solely on online shopping.) Yet a much larger percentage of Americans aren’t fans of stores having Thanksgiving Day hours. Roughly six in ten Americans say they “hate” or “dislike” the fact that stores open on Thanksgiving, according to a recent RichRelevance consumer poll, while only a combined 12% claim they “like” or “love” the practice.
Shale Fail (jdargis)
On November 25th, fracking experts from across the continent will convene in Warsaw for the Shale Gas World Europe conference.
Salt-Water Fish Extinction Seen By 2048 (Jason C.)
“A large and increasing proportion of our population lives close to the coast; thus the loss of services such as flood control and waste detoxification can have disastrous consequences,” Worm and colleagues say.
The researchers analyzed data from 32 experiments on different marine environments.
Life Is Quantum (Chris M.)
Schrödinger’s argument was based on the following, seemingly paradoxical fact. Although they seem magnificently orderly, all the classical laws, from Newtonian mechanics to thermodynamics to the laws of electromagnetism, are ultimately based on disorder. Consider a balloon: it is filled with trillions of molecules of air all moving randomly, bumping into one another and the skin of the balloon. Yet, when you add up all their motions and average them out, you get the gas laws, which precisely predict, for example, that the balloon will expand by a given amount when heated. Schrödinger called this kind of law ‘order from disorder’, to reflect the fact that the macroscopic regularity depends on chaos and unpredictability at the level of individual particles.
Gold & Silver
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