in shrinkage we trust

7 Overlooked Benefits of the Recession

September 10, 2009

Nothing is easier than identifying problems during recessions. In fact, one might argue that what is truly difficult is avoiding mention of these problems, which are shouted from the rooftops daily by politicians and journalists. (Many of whom harp on problems even during prosperous times.) Still harder is calling attention to the overlooked benefits that economic downturns can bring. In this recession as in others past, opportunities have opened up for consumers, investors and businesses positioned to capitalize on them. Typically, these opportunities require seeing the recession as it specifically relates to you, rather than the all-encompassing malaise often seen by others. Here are 7 of the most appealing recessionary opportunities.

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Work Hours Per Week Around the World

August 13, 2009
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Traditional working hours vary greatly around the globe, based on both economic and cultural differences. The Organization for Economic Co-Operation and Development just released their study on average annual hours worked per worker in 2008, showing us which countries have their nose to the grindstone and which ones are more often found smelling the roses.

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Top 10 Most (& Least) Prestigious Jobs in America: How Much They Earn and How to Land Them

August 2, 2009

“When I grow up, I want to be a principal or a caterpillar.”

- Ralph Wiggum

Though most people probably don’t grow up wanting to be a farmer, a minister, or a caterpillar - farmers and ministers are considered by many to have some of the most prestigious occupations in America.  On the other hand, while occupations such as being an actor or an entertainer may seem glamorous, these are not occupations that are held in as high regard by the American public. Below, you will find a list of the ten most (and least) prestigious jobs in America, how much they earn, and how you can land them.

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Mapping Unemployment: Out of Work in America

July 9, 2009
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Some of America’s largest cities have experienced a rapid decline in employment in the past year with the collapse of the finance, real estate and automotive industries. To put each metropolitan area’s situation in perspective, we have put together a map showing the comparative rates of unemployment along with the year over year change from May 2008 to May 2009. It is apparent that some of the sharpest increases in unemployment have occurred in the largest markets for each of these failing industries.

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